Overview
What is Housing Episcopal Methodist Presbyterian?
Housing Episcopal Methodist Presbyterian is a nonprofit organization situated in Concord, North Carolina. Their primary mission involves providing subsidized housing for low-income and elderly residents through a 40-unit apartment complex. Complying with HUD regulations, they manage rental charges and operating methods to ensure affordable and suitable living spaces for their residents.
Is Housing Episcopal Methodist Presbyterian legitimate?
Housing Episcopal Methodist Presbyterian is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Episcopal Methodist Presbyterian 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.
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What is the mission statement of Housing Episcopal Methodist Presbyterian?
Housing Episcopal Methodist Presbyterian is committed to providing housing for low-income and elderly individuals. They operate under strict HUD regulations governing rental charges and operating methods. Their primary mission is to offer subsidized housing through an apartment complex, providing a residence for approximately 40 residents. Their goal is to ensure that these individuals have access to affordable living spaces, contributing to their overall well-being.
What is the revenue of Housing Episcopal Methodist Presbyterian?
Housing Episcopal Methodist Presbyterian's revenue in 2023 was $244,601.
Who are the executives of Housing Episcopal Methodist Presbyterian and what are their salaries?
There 10 volunteers at Housing Episcopal Methodist Presbyterian.
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Where can I find the form 990 for Housing Episcopal Methodist Presbyterian?
Housing Episcopal Methodist Presbyterian's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Housing Episcopal Methodist Presbyterian
Housing Episcopal Methodist Presbyterian, as a nonprofit organization, is committed to providing housing for individuals who fall into the low-income and elderly categories. Their mission is governed by regulations set forth by the HUD, ensuring that the rental charges and operating methods adhere to these standards. The primary objective of Housing Episcopal Methodist Presbyterian is to offer subsidized housing through a complex of 40 units, providing a safe and affordable living space for these individuals. This nonprofit organization is dedicated to making a difference in the lives of those in need, offering a sense of security and stability, thereby contributing to their overall well-being.
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Impact
October, 2024
Housing Episcopal Methodist Presbyterian significantly impacts the Concord, NC community by addressing the critical need for affordable housing among low-income and elderly individuals. By providing subsidized housing through a 40-unit apartment complex, it ensures that vulnerable populations have access to safe and secure living conditions.
The organization adheres to HUD regulations, which guarantees that rental charges are manageable for residents, alleviating financial burdens and enhancing overall quality of life. This support fosters stability for individuals and families who may struggle to find affordable housing in a challenging market, allowing them to focus on other essential aspects of life, such as health, employment, and community engagement.
The mission to cater specifically to low-income and elderly residents not only meets immediate housing needs but also contributes to the well-being of the community as a whole. By creating a nurturing environment, Housing Episcopal Methodist Presbyterian promotes social inclusion and empowers residents to thrive, ultimately enhancing the fabric of Concord through increased accessibility to essential resources and a supportive community network.
This information is meant to be a general summary of Housing Episcopal Methodist Presbyterian. 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 2023.
- Investment Income: $153
- Program Service Revenue: $170,082
- Gross Receipts: $244,601
Assets and Liabilities:
- Total Assets: $748,988
- Total Liabilities: $1,978,131
- Net Assets: -$1,229,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$166,156
LAUNDRY AND VENDING
Revenue
$2,776
TENANT CHARGES
Revenue
$1,150
Organization Details
Founding Year
1992
Principal Officer
Charles Mckinley
NTEE Category
Code: X21Z - Religion related
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