Overview
What is Oxford Senior Housing Inc?
Oxford Senior Housing Inc., operating under the name Oxford House Apartments, is a nonprofit organization situated in Oxford, Alabama. Their primary mission is to provide affordable housing for the elderly and disabled population, adhering to Section 202 of the National Housing Act. The United States Department of Housing and Urban Development (HUD) oversees their operations and rental charges, ensuring compliance with established guidelines. The project is subject to a Project Rental Assistance Contract (PRAC) agreement with HUD, and a significant portion of the rental income is derived from HUD. This housing complex, with 43 units, strives to cater to the needs of the elderly and disabled community in Oxford, Alabama.
Official website here: www.spm.net
Is Oxford Senior Housing Inc legitimate?
Oxford Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oxford Senior Housing 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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Other Salaries and Wages: $91,468
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Official website here: www.spm.net
What is the mission statement of Oxford Senior Housing Inc?
Oxford Senior Housing Inc, as an organization, is dedicated to providing low-income housing for the elderly and disabled individuals. Their mission is carried out by operating a housing project, offering 43 units specifically designed for the elderly. This project is regulated by the U.S. Department of Housing and Urban Development (HUD), ensuring adherence to rental charges and operating methods. The project receives a significant portion of its rental income from HUD, subject to the availability of appropriate funding. The rent subsidy payments are contingent upon sufficient HUD appropriations. In essence, Oxford Senior Housing Inc is committed to providing affordable housing options for the elderly and disabled, supported by HUD regulations and funding.
Official website here: www.spm.net
Who is the CEO of Oxford Senior Housing Inc?
Melissa Craven is the President of Oxford Senior Housing Inc.
Official website here: www.spm.net
What is the revenue of Oxford Senior Housing Inc?
Oxford Senior Housing Inc's revenue in 2022 was $338,910.
Official website here: www.spm.net
Who are the executives of Oxford Senior Housing Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.spm.net
Where can I find the form 990 for Oxford Senior Housing Inc?
Oxford Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spm.net
Learn more at the official website: www.spm.net
Mission Statement of Oxford Senior Housing Inc
Oxford Senior Housing Inc, as the name suggests, is dedicated to providing low-income housing for the elderly and disabled. This mission is carried out through the operation of a 43-unit apartment complex, known as Oxford House Apartments, located in Oxford, Alabama. The project is regulated by the United States Department of Housing and Urban Development (HUD) in terms of rental charges and operating methods. It also operates under Section 202 of the National Housing Act and is subject to a Project Rental Assistance Contract (PRAC) agreement with HUD. A significant portion of the project's rental income comes from HUD, and these rent subsidy payments are contingent upon the availability of sufficient appropriations, as determined by HUD. In essence, Oxford Senior Housing Inc is committed to offering affordable housing solutions for the elderly and disabled, ensuring they have a secure living environment while navigating their later years.
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Impact
October, 2024
Oxford Senior Housing Inc significantly impacts the community by providing low-income housing specifically targeted at elderly and disabled residents. Located in Oxford, Alabama, the organization operates Oxford House Apartments, a 43-unit apartment complex designed to enhance the quality of life for its residents. By adhering to the provisions of Section 202 of the National Housing Act, Oxford Senior Housing ensures that rental charges and operating methods are aligned with federal guidelines, promoting affordability and accessibility.
The partnership with the U.S. Department of Housing and Urban Development (HUD) is crucial in sustaining its operations and ensuring that residents receive rental assistance. This allows individuals who might otherwise struggle to secure stable housing to live in a safe, supportive environment. The project not only alleviates the burden of housing costs for elderly and disabled individuals but also fosters a sense of community among residents, enhancing their overall well-being.
By focusing on low-income housing for vulnerable populations, Oxford Senior Housing Inc contributes to the community’s social fabric, providing essential support that allows residents to maintain their independence and dignity. Its work is vital in addressing housing insecurity for some of society’s most at-risk individuals, making a tangible difference in their lives.
This information is meant to be a general summary of Oxford Senior Housing 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: $31
- Program Service Revenue: $157,840
- Gross Receipts: $338,910
Assets and Liabilities:
- Total Assets: $1,124,042
- Total Liabilities: $36,552
- Net Assets: $1,087,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$157,840
Organization Details
Founding Year
1996
Phone
(205) 933-1020Principal Officer
Melissa Craven
Main Address
1103 RICHARD ARRINGTON JR BLVD S, BIRMINGHAM, AL, 35205
Website
www.spm.netNTEE Category
Code: L22 - Housing
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