Overview
What is Landmark Homes For Elderly Inc?
Landmark Homes for Elderly Inc. is a nonprofit organization situated in Morristown, Tennessee. Their primary mission is to provide housing facilities for low-income elderly and handicapped individuals, adhering to Section 202 of the National Housing Act. They manage 24 units in total, operating under the name "Walnut Creek Apartments." The organization's focus is on offering suitable living spaces to those in need, enhancing their quality of life.
Is Landmark Homes For Elderly Inc legitimate?
Landmark Homes For Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Landmark Homes For Elderly 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.
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What is the mission statement of Landmark Homes For Elderly Inc?
Landmark Homes For Elderly Inc is committed to providing housing for individuals who are elderly or handicapped and fall under a low-income bracket. This mission is in line with Section 202 of the National Housing Act. The organization operates housing facilities that are assisted by the HUD, offering a total of 24 units to eligible tenants. The primary goal is to ensure that these vulnerable individuals have access to safe and affordable housing, thereby improving their quality of life.
Who is the CEO of Landmark Homes For Elderly Inc?
Kay Hale is the President of Landmark Homes For Elderly Inc.
What is the revenue of Landmark Homes For Elderly Inc?
Landmark Homes For Elderly Inc's revenue in 2022 was $135,856.
Who are the executives of Landmark Homes For Elderly Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Landmark Homes For Elderly Inc?
Landmark Homes For Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Landmark Homes For Elderly Inc
Landmark Homes for Elderly Inc, as its name suggests, is committed to providing housing for individuals who are elderly or handicapped and fall under the low-income bracket. This mission is in line with Section 202 of the National Housing Act. The organization operates under this act, offering a total of 24 housing units to cater to this specific demographic. By doing so, Landmark Homes for Elderly Inc contributes significantly to ensuring that these individuals have a secure and suitable living environment, thereby enhancing their overall quality of life.
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Impact
October, 2024
Landmark Homes For Elderly Inc significantly impacts the lives of low-income elderly and handicapped individuals in Morristown, TN, by providing affordable housing that meets their unique needs. With 24 housing units specifically designed for this vulnerable population, the organization plays a crucial role in ensuring access to safe and supportive living environments.
By operating under HUD assistance and adhering to Section 202 of the National Housing Act, Landmark Homes not only addresses the pressing issue of housing affordability but also promotes independence and dignity among its residents. This initiative helps alleviate the financial burden on elderly and handicapped tenants, allowing them to focus on their health and well-being rather than struggling with housing costs.
The presence of dedicated housing solutions contributes to the community's overall quality of life, fostering a sense of belonging and support among its inhabitants. Through its mission, Landmark Homes For Elderly Inc cultivates an environment where low-income elderly and handicapped individuals can thrive, promoting stability, security, and a stronger sense of community.
This information is meant to be a general summary of Landmark Homes For Elderly 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 2022.
- Investment Income: $3
- Program Service Revenue: $84,585
- Gross Receipts: $135,856
Assets and Liabilities:
- Total Assets: $523,049
- Total Liabilities: $1,089,101
- Net Assets: -$566,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - APARTM
Revenue
$82,813
LAUNDRY & VENDING INCO
Revenue
$1,112
TENANT CHARGES
Revenue
$660
Organization Details
Founding Year
1992
Phone
(423) 587-4500Principal Officer
Kay Hale
Main Address
PO BOX 1218, MORRISTOWN, TN, 378161218
NTEE Category
Code: L80Z - Housing
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