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Watauga Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581627216 ✦ Gray, TN ✦ Designated as a 501(c)(3)

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Overview

What is Watauga Development Corporation?

Watauga Development Corporation is a nonprofit organization that focuses on catering to the needs of chronically mentally ill adults. Situated in a group home setting, the organization provides housing for ten individuals and receives subsidies from the U.S. Department of Housing and Urban Development (HUD). Their mission extends to offering essential services and support for these individuals, ensuring their well-being within the community.


Official website here: www.frontierhealth.org

Is Watauga Development Corporation legitimate?

Watauga Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watauga Development Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.frontierhealth.org

What is the mission statement of Watauga Development Corporation?

The Watauga Development Corporation serves a crucial role in providing a group home setting for chronically mentally ill adults. Subsidized by the US Department of Housing and Urban Development (HUD), the organization's mission is geared towards addressing the unique needs of these individuals. It aims to create an environment that fosters their well-being and independence, catering to their mental health needs in a supportive group home setting. The corporation's operations strive to provide a sanctuary where these individuals can thrive and lead fulfilling lives.


Official website here: www.frontierhealth.org

Who is the CEO of Watauga Development Corporation?

Kristie Hammonds is the President of Watauga Development Corporation.


Official website here: www.frontierhealth.org

What is the revenue of Watauga Development Corporation?

Watauga Development Corporation's revenue in 2023 was $65,150.


Official website here: www.frontierhealth.org

Who are the executives of Watauga Development Corporation and what are their salaries?


Here are 8 key members and their salaries:


Diane Bowen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Ginger Naseri (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Hammonds (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Parsons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Feathers (Boarad Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Perry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Greene (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Trantham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.frontierhealth.org

Where can I find the form 990EZ for Watauga Development Corporation?

Watauga Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.frontierhealth.org

Learn more at the official website: www.frontierhealth.org

Mission Statement of Watauga Development Corporation

The Watauga Development Corporation is dedicated to serving the needs of chronically ill adults suffering from mental illness. Situated in a group home setting, this nonprofit organization offers a subsidized residential facility, backed by the U.S. Department of Housing and Urban Development (HUD). Their mission is geared towards providing a supportive environment for mentally ill adults, ensuring they receive the care they need to live as comfortably and independently as possible. By catering to the unique needs of these individuals, the Watauga Development Corporation strives to make a significant difference in their lives.

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Impact




June, 2024

Watauga Development Corporation's impact is significant in providing essential services for 10 chronic mentally ill adults through its residential sheltered group home. This organization plays a crucial role in supporting and caring for this vulnerable population, ensuring they have a safe and nurturing environment. By offering subsidized housing and services, Watauga Development Corporation helps individuals with mental health challenges lead more stable and fulfilling lives.




This information is meant to be a general summary of Watauga Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,150 (2023)
Expenses
$61,945 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Program Service Revenue: $65,149
  • Gross Receipts: $65,150

Assets and Liabilities:

  • Total Assets: $64,209
  • Total Liabilities: $131,279
  • Net Assets: -$67,070

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Organization Details

Principal Officer

Kristie Hammonds

Main Address

PO BOX 9054, GRAY, TN, 376159054

NTEE Category

Code: F33 - Mental health

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