Overview
What is North Carolina Independent Living Of Deaf Persons Inc?
North Carolina Independent Living of Deaf Persons Inc. is a nonprofit organization centered in Winston-Salem, North Carolina. Its primary mission is to manage a 22-unit apartment complex named Tillinghast Place Apartments in Charlotte, in compliance with Section 811 of the National Housing Act. The organization has entered into regulatory agreements with the Federal Housing Administration to operate this community. A Project Rental Assistance Contract (PRAC) is in place, providing financial aid to low-income families or individuals, while the remaining rent balance is covered by HUD. The organization's goal is to provide affordable housing options for the deaf community, ensuring they have access to safe and comfortable living spaces.
Is North Carolina Independent Living Of Deaf Persons Inc legitimate?
North Carolina Independent Living Of Deaf Persons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Independent Living Of Deaf Persons 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
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What is the mission statement of North Carolina Independent Living Of Deaf Persons Inc?
North Carolina Independent Living of Deaf Persons Inc was established with the goal of owning and managing a 22-unit apartment community, known as Tillinghast Place Apartments, in compliance with Section 811 of the National Housing Act. The corporation operates this community under standard regulatory agreements with the Federal Housing Administration (FHA) section of HUD. A Project Rental Assistance Contract (PRAC) is in place, providing financial assistance for low-income families or individuals, with HUD covering the remaining rent balance. This organization's mission revolves around providing affordable housing options for the deaf community, ensuring they have access to suitable living spaces.
What is the revenue of North Carolina Independent Living Of Deaf Persons Inc?
North Carolina Independent Living Of Deaf Persons Inc's revenue in 2023 was $137,231.
Who are the executives of North Carolina Independent Living Of Deaf Persons Inc and what are their salaries?
There 3 volunteers at North Carolina Independent Living Of Deaf Persons Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for North Carolina Independent Living Of Deaf Persons Inc?
North Carolina Independent Living Of Deaf Persons Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of North Carolina Independent Living Of Deaf Persons Inc
North Carolina Independent Living of Deaf Persons Inc was established with a mission to own and operate a 22-unit apartment community in Charlotte, North Carolina, known as Tillinghast Place Apartments. This mission is in line with Section 811 of the National Housing Act, aiming to provide housing solutions for individuals with disabilities. The corporation has entered into standard regulatory agreements with the Federal Housing Administration section of HUD, governing the operation of the community. A Project Rental Assistance Contract (PRAC) is in place, providing rent assistance for low-income families or individuals. HUD pays the balance of the rent, ensuring that these individuals can afford a safe and suitable living space. By offering such housing solutions, North Carolina Independent Living of Deaf Persons Inc is making a significant contribution to the well-being and independence of the deaf community.
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Impact
October, 2024
North Carolina Independent Living Of Deaf Persons Inc significantly enhances the quality of life for deaf individuals in the region through the operation of Tillinghast Place Apartments in Charlotte. This 22-unit apartment complex not only provides affordable housing tailored to the needs of low-income families and individuals but also fosters a supportive community environment.
By implementing a Project Rental Assistance Contract that subsidizes rent, the organization alleviates the financial burdens faced by its residents, ensuring that they have access to safe and stable living conditions. The partnership with the Federal Housing Administration under HUD further reinforces the credibility and sustainability of this housing initiative.
The impact extends beyond mere housing; it promotes independence and empowers deaf individuals by creating a dedicated space where they can thrive socially and financially. This initiative serves as a vital resource, helping residents navigate the challenges of daily life while encouraging a sense of community and belonging. Overall, the work of North Carolina Independent Living Of Deaf Persons Inc plays a crucial role in bridging gaps in housing accessibility for deaf individuals, contributing to their overall well-being and integration into society.
This information is meant to be a general summary of North Carolina Independent Living Of Deaf Persons 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 2023.
- Investment Income: $13
- Program Service Revenue: $74,675
- Gross Receipts: $137,231
Assets and Liabilities:
- Total Assets: $801,466
- Total Liabilities: $1,395,633
- Net Assets: -$594,167
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL PAYMENTS
Revenue
$74,371
TENANT CHARGES
Revenue
$304
Organization Details
Founding Year
1995
Principal Officer
James Mcleod Wilson
NTEE Category
Code: P73 - Human services
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