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Innovative Housing Initiatives Inc

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

EIN: 581881620 ✦ Albany, GA ✦ Designated as a 501(c)(3)

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Overview

What is Innovative Housing Initiatives Inc?

Innovative Housing Initiatives Inc, a nonprofit organization situated in Albany, Georgia, is dedicated to providing affordable housing solutions. With a focus on supporting low-income and elderly residents in the area, they have successfully housed 24 individuals, making a significant impact on their community. Their mission is deeply rooted in this purpose, and they continue to strive towards expanding affordable housing options for those in need.

Is Innovative Housing Initiatives Inc legitimate?

Innovative Housing Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovative Housing Initiatives 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: $0

For more financial information, click here

What is the mission statement of Innovative Housing Initiatives Inc?

Innovative Housing Initiatives Inc, as a mission, is dedicated to providing affordable housing solutions for low-income and elderly residents. Their primary objective is to ensure that these individuals have access to suitable living spaces. In Georgia, specifically in Albany, they have successfully provided housing to 24 residents, demonstrating their commitment to their mission. The organization continually strives to make housing more affordable, thereby improving the quality of life for these vulnerable groups.

Who is the CEO of Innovative Housing Initiatives Inc?

Joyce Barlow is the Chariman of Innovative Housing Initiatives Inc. The CEO's salary of Innovative Housing Initiatives Inc is $0 and their total compensation is $0.

What is the revenue of Innovative Housing Initiatives Inc?

Innovative Housing Initiatives Inc's revenue in 2022 was -$614,179.

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


Here are 6 key members and their salaries (Innovative Housing Initiatives Inc's CEO's salary is $0 and their total compensation is $0):


Joyce Barlow (Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kennedy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Myles (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Nathan Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Highsmith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmie Hall Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Innovative Housing Initiatives Inc?

Innovative Housing Initiatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Innovative Housing Initiatives Inc

Innovative Housing Initiatives Inc, a nonprofit organization, is dedicated to providing affordable housing for low-income and elderly residents. Their mission is centered around ensuring that individuals who may be financially disadvantaged or in their golden years have access to suitable housing solutions. By doing so, they aim to contribute to a more inclusive and equitable community where everyone has a roof over their heads, regardless of their income level. The organization's initiatives have resulted in the provision of affordable housing to 24 such residents in Albany, Georgia, demonstrating their commitment to this cause.

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Impact




October, 2024

Innovative Housing Initiatives Inc significantly impacts the Albany, Georgia community by providing affordable housing to 24 low-income and elderly residents. By addressing the urgent need for accessible living spaces, the organization helps improve the quality of life for these individuals, ensuring they have stable and secure homes. This initiative not only alleviates housing costs but also fosters a sense of community and belonging among residents, contributing positively to their overall well-being and social integration. Through its dedicated efforts, Innovative Housing Initiatives Inc plays a vital role in enhancing the housing landscape for vulnerable populations in Albany.




This information is meant to be a general summary of Innovative Housing Initiatives 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
-$614,179 (2022)
Expenses
$50,050 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$651,908
  • Program Service Revenue: $37,729
  • Gross Receipts: $37,735

Assets and Liabilities:

  • Total Assets: $281,665
  • Total Liabilities: $6,462
  • Net Assets: $275,203

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Programs

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

RENTAL INCOME

Revenue

$37,729

Organization Details

Founding Year

1990

Principal Officer

Joyce Barlow

Main Address

521 PINE AVENUE, ALBANY, GA, 31702

NTEE Category

Code: L22Z - Housing

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