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Cannon Housing Inc

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

EIN: 581743456 ✦ Dunn, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cannon Housing Inc?

Cannon Housing Inc was a nonprofit organization that dedicated its efforts to providing affordable housing solutions for the elderly and individuals with disabilities. Their primary mission involved reducing rental costs, offering a much-needed resource within their community. Although the organization's current status is not specified, its mission to serve vulnerable populations remains noteworthy.

Is Cannon Housing Inc legitimate?

Cannon Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cannon Housing Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,800

For more financial information, click here

What is the mission statement of Cannon Housing Inc?

Cannon Housing Inc, formerly a nonprofit organization, had a mission to provide affordable housing options for the elderly and handicapped community. However, as the information suggests, this organization is now terminated or no longer active, thereby rendering its mission statement irrelevant in its current state.

Who is the CEO of Cannon Housing Inc?

Don G Wellons is the Pres/Director of Cannon Housing Inc.

What is the revenue of Cannon Housing Inc?

Cannon Housing Inc's revenue in 2021 was $1,274,711.

Who are the executives of Cannon Housing Inc and what are their salaries?


Here are 7 key members and their salaries:


Don G Wellons (Pres/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Wellons Jr (Vp/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Anna Thompson (Sec/Treas/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy H Kennedy (Asst Sec/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia W Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene T Jernigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley P Godwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cannon Housing Inc?

Cannon Housing Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Cannon Housing Inc

Cannon Housing Inc, in its mission, aimed to provide reduced rent housing for individuals who were elderly and handicapped. This nonprofit organization was dedicated to making a significant impact in the lives of these individuals, offering them a housing solution that catered to their specific needs. Regrettably, Cannon Housing Inc is no longer active or in operation.

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Impact




October, 2024

Cannon Housing Inc had a significant impact on the community of Dunn, NC, by providing reduced rent housing specifically designed for elderly and handicapped individuals. This initiative addressed critical housing needs, offering affordable living options to vulnerable populations who often face challenges in securing suitable accommodation. By focusing on these demographics, the organization contributed to increased accessibility and improved quality of life for residents, fostering a sense of community and enhancing overall well-being. Although Cannon Housing Inc is no longer active, its efforts highlighted the importance of affordable housing solutions and the ongoing need for support in these areas.




This information is meant to be a general summary of Cannon Housing Inc. 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
$1,274,711 (2021)
Expenses
$146,304 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $9
  • Program Service Revenue: $161,370
  • Gross Receipts: $1,274,711

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENTS

Revenue

$40,086

HUD RENTAL ASSITANCE

Revenue

$114,949

RELATED SERVICE INCOME

Revenue

$6,335

Organization Details

Founding Year

1987

Principal Officer

Don G Wellons

Main Address

P O Box 1254, Dunn, NC, 28335

NTEE Category

Code: L21Z - Housing

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