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Sloan Street Housing Development Corporation Ii Inc

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

EIN: 582296506 ✦ Anderson, SC ✦ Designated as a 501(c)(3)

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Overview

What is Sloan Street Housing Development Corporation Ii Inc?

Sloan Street Housing Development Corporation II Inc, based in Anderson, South Carolina, is a dedicated nonprofit organization. Their primary mission is to provide suitable living accommodations for low-income elderly individuals. They achieve this by managing a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959. This housing arrangement ensures that elderly individuals with limited financial resources have access to comfortable and supportive living environments.

Is Sloan Street Housing Development Corporation Ii Inc legitimate?

Sloan Street Housing Development Corporation Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sloan Street Housing Development Corporation Ii 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: $49,063

For more financial information, click here

What is the mission statement of Sloan Street Housing Development Corporation Ii Inc?

Sloan Street Housing Development Corporation II Inc. is committed to providing housing for low-income elderly individuals. They accomplish this mission by operating a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959. The corporation's primary goal is to ensure that elderly individuals with limited financial resources have access to secure and comfortable living spaces. The apartment community is managed and regulated by the federal Housing and Urban Development (HUD) department, providing an additional layer of security and support for its residents. The corporation's mission is crucial in addressing the housing needs of a vulnerable population, helping them maintain their independence and quality of life.

Who is the CEO of Sloan Street Housing Development Corporation Ii Inc?

Douglas Wright is the Executive Di of Sloan Street Housing Development Corporation Ii Inc.

What is the revenue of Sloan Street Housing Development Corporation Ii Inc?

Sloan Street Housing Development Corporation Ii Inc's revenue in 2023 was $159,934.

Who are the executives of Sloan Street Housing Development Corporation Ii Inc and what are their salaries?


Here are 11 key members and their salaries:


Douglas Wright (Executive Di)
  • Compensation: $0
  • Related: $119,137
  • Other: $0
Terrance Ford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollie Harrell (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Kanaan (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Medina (1St Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Nguyen (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Orr (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachelle Propp Shirley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Shore (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ann Wetsel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sophie Woorons (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sloan Street Housing Development Corporation Ii Inc?

Sloan Street Housing Development Corporation Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sloan Street Housing Development Corporation Ii Inc

Sloan Street Housing Development Corporation II Inc is dedicated to providing housing solutions for low-income elderly individuals. Operating under Section 202 of the National Housing Act of 1959, this organization manages a HUD-assisted apartment community. Their mission is to create an environment where elderly persons, who fall under the category of low income, can reside in comfort and security. By regulating their operations in accordance with this act, Sloan Street Housing Development Corporation II Inc strives to make a significant impact in the lives of these elderly individuals, ensuring they have access to safe, affordable housing.

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Impact




October, 2024

Sloan Street Housing Development Corporation II Inc plays a crucial role in providing safe and affordable housing for low-income elderly individuals. By operating a HUD-assisted apartment community regulated under Section 202 of the National Housing Act of 1959, it ensures that vulnerable seniors have access to stable living conditions. This initiative significantly alleviates housing insecurity among the elderly population in Anderson, SC, promoting a better quality of life through affordable accommodations.

The impact extends beyond mere shelter; it fosters a sense of community and belonging among residents, often combating social isolation that many elderly individuals face. By prioritizing their housing needs, Sloan Street Housing Development Corporation II Inc not only meets a fundamental human requirement but also supports the overall well-being and dignity of the elderly in the area.




This information is meant to be a general summary of Sloan Street Housing Development Corporation Ii 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
$159,934 (2023)
Expenses
$178,353 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,708
  • Program Service Revenue: $157,226
  • Gross Receipts: $159,934

Assets and Liabilities:

  • Total Assets: $842,812
  • Total Liabilities: $1,251,286
  • Net Assets: -$408,474

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Programs

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

RENT REVENUE

Revenue

$157,226

Organization Details

Founding Year

1999

Principal Officer

Douglas Wright

Main Address

3420 CLEMSON BOULEVARD, ANDERSON, SC, 29621

NTEE Category

Code: L20 - Housing

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