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Granville Plaza Inc

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

EIN: 582004370 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Granville Plaza Inc?

Granville Plaza Inc, based in Winston-Salem, North Carolina, is a nonprofit organization dedicated to providing low-income housing services. Specifically, they operate a 42-unit apartment complex catering to the elderly and individuals with disabilities, in accordance with Section 202 of the U.S. Housing Act of 1959. Their mission is to develop and manage this Section 202 apartment complex, contributing to the housing needs of this vulnerable population.


Official website here: www.nchsm.org

Is Granville Plaza Inc legitimate?

Granville Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Granville Plaza 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


Official website here: www.nchsm.org

What is the mission statement of Granville Plaza Inc?

Granville Plaza Inc's primary mission is centered around providing housing services for individuals in need. More specifically, the organization focuses on developing and operating a Section 202 apartment complex. This complex is designed to cater to the low-income elderly and handicapped population. By operating a 42-unit apartment complex under Section 202 of the U.S. Housing Act of 1959, Granville Plaza Inc aims to provide a suitable living environment for this particular demographic. The organization's work is instrumental in ensuring that these individuals have access to safe and affordable housing.


Official website here: www.nchsm.org

Who is the CEO of Granville Plaza Inc?

Tammy Vernon is the Secretary of Granville Plaza Inc.


Official website here: www.nchsm.org

What is the revenue of Granville Plaza Inc?

Granville Plaza Inc's revenue in 2022 was $316,576.


Official website here: www.nchsm.org

Who are the executives of Granville Plaza Inc and what are their salaries?

There 4 volunteers at Granville Plaza Inc.


Here are 4 key members and their salaries:


Mallory Oates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garry Merritt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Peatross (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Vernon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nchsm.org

Where can I find the form 990 for Granville Plaza Inc?

Granville Plaza Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nchsm.org

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

Mission Statement of Granville Plaza Inc

Granville Plaza Inc, a nonprofit organization, is dedicated to providing housing services for individuals in need. Their primary mission is to develop and operate a Section 202 apartment complex, specifically catering to the low-income elderly and disabled population. Under the U.S. Housing Act of 1959, Granville Plaza Inc manages a 42-unit apartment complex, offering a safe and supportive living environment for these vulnerable individuals. By providing such housing services, Granville Plaza Inc aims to contribute to the well-being and independence of the elderly and disabled community, enabling them to maintain a dignified living standard.

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Impact




October, 2024

Granville Plaza Inc plays a crucial role in providing affordable housing solutions for low-income elderly individuals in Winston-Salem, NC. By operating a 42-unit apartment complex under Section 202 of the U.S. Housing Act of 1959, it addresses the pressing need for safe and accessible living spaces for the elderly and handicapped populations. Its mission focuses on creating a supportive community that fosters independence and respect for elderly individuals, who often face financial and social challenges.

The impact of Granville Plaza Inc extends beyond mere housing; it contributes to the overall well-being of its residents by ensuring that they have access to essential services and a community setting where they can thrive. Through its commitment to civil rights, Granville Plaza Inc helps to combat inequality and promote inclusivity, ultimately enhancing the quality of life for some of the most vulnerable members of society. By prioritizing low-income housing, the organization not only alleviates the burden of housing costs for elderly residents but also supports their dignity and empowers them to lead fulfilling lives.




This information is meant to be a general summary of Granville Plaza 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
$316,576 (2022)
Expenses
$363,933 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $152,098
  • Gross Receipts: $316,576

Assets and Liabilities:

  • Total Assets: $787,161
  • Total Liabilities: $33,585
  • Net Assets: $753,576

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Programs

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

TENANT RENTALS

Revenue

$149,098

LAUNDRY AND VENDING

Revenue

$3,000

Organization Details

Founding Year

1992

Principal Officer

Tammy Vernon

Main Address

2585 W CLEMMONSVILLE RD SUITE 102, WINSTONSALEM, NC, 27127

NTEE Category

Code: R99Z - Civil rights

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