Overview
What is Greenwood Homes Inc?
Greenwood Homes Inc is a nonprofit organization committed to providing affordable housing for individuals with low income. Based on the National Housing Act, they offer 11 rental units, regulated by HUD, under Section 811. This Section 811 program aims to enhance housing opportunities for people with disabilities, thereby contributing to their overall well-being and community integration. Greenwood Homes Inc's mission is centered around this provision of low-income housing, ensuring sustainable and inclusive living options for its residents.
Is Greenwood Homes Inc legitimate?
Greenwood Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwood Homes 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:
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What is the mission statement of Greenwood Homes Inc?
Greenwood Homes Inc. is committed to providing affordable housing for low-income individuals. They accomplish this mission by offering 11 rental units, which fall under Section 811 of the National Housing Act, a regulation overseen by HUD. This act aims to provide supportive housing for individuals with disabilities. By offering these rental units, Greenwood Homes Inc. contributes to ensuring that individuals with limited financial resources have access to decent and safe housing. Their mission is to make a positive impact on the lives of those in need by providing a home environment that promotes stability and independence.
What is the revenue of Greenwood Homes Inc?
Greenwood Homes Inc's revenue in 2024 was $80,937.
Who are the executives of Greenwood Homes Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Greenwood Homes Inc?
Greenwood Homes Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Greenwood Homes Inc
Greenwood Homes Inc, a nonprofit organization, is committed to providing low-income housing. They accomplish this mission by offering 11 rental units that adhere to Section 811 of the National Housing Act, which has been amended and is regulated by HUD. By doing so, Greenwood Homes Inc contributes to the housing needs of individuals with limited financial means, ensuring they have access to safe and decent living spaces. The organization's mission is essential in addressing housing inequality and providing a sense of stability and security for those in need.
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Impact
October, 2024
Greenwood Homes Inc significantly impacts the Birmingham community by providing essential low-income housing options. With 11 rental units dedicated to serving individuals and families in need, the organization plays a vital role in addressing housing affordability and accessibility. By operating under Section 811 of the National Housing Act, Greenwood Homes ensures that its services align with federal regulations while delivering safe and stable living environments for residents. This commitment not only supports those facing economic challenges but also fosters community development and resilience in the area. Through its efforts, Greenwood Homes Inc contributes to the enrichment of lives and the upliftment of the Birmingham community as a whole.
This information is meant to be a general summary of Greenwood Homes 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $928
- Program Service Revenue: $80,009
- Gross Receipts: $80,937
Assets and Liabilities:
- Total Assets: $261,431
- Total Liabilities: $615,224
- Net Assets: -$353,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$38,380
Organization Details
Founding Year
1996
Principal Officer
Patrick Hassell
NTEE Category
Code: P82Z - Human services
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