Overview
What is Sands Horizon Inc?
Sands Horizon Inc, based in Valdosta, Georgia, is a nonprofit organization that focuses on providing affordable housing for low-income elderly individuals. Established under Section 202 of the National Housing Act, the corporation operates and maintains a rental housing project, comprising 30 units, to cater to this specific demographic. With a team of five dedicated individuals, Sands Horizon Inc contributes to enhancing the living conditions and ensuring the well-being of this vulnerable group in the community.
Is Sands Horizon Inc legitimate?
Sands Horizon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sands Horizon 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: $27,318
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,216
For more financial information, click here
What is the mission statement of Sands Horizon Inc?
Sands Horizon Inc was established with the primary objective of managing and maintaining a rental housing project. This project, in accordance with Section 202 of the National Housing Act, aims to provide affordable housing options for the elderly with low incomes. The corporation's mission is centered around facilitating comfortable living spaces for this specific demographic, thereby contributing to their well-being and overall quality of life.
Who is the CEO of Sands Horizon Inc?
Henry E Wright Ii is the President of Sands Horizon Inc.
What is the revenue of Sands Horizon Inc?
Sands Horizon Inc's revenue in 2023 was $190,371.
Who are the executives of Sands Horizon Inc and what are their salaries?
The average compensation at Sands Horizon Inc during 2023 was $8,107. There are 5 employees at Sands Horizon Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $13,028
- Related: $12,318
- Other: $0
Where can I find the form 990 for Sands Horizon Inc?
Sands Horizon Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sands Horizon Inc
Sands Horizon Inc, a nonprofit organization, was established with a specific purpose: to own and manage a rental housing project under Section 202 of the National Housing Act. This mission is geared towards providing affordable housing for the elderly with low incomes. The corporation's primary activity involves the operation and maintenance of a residential project, consisting of 30 units, tailored to meet the needs of this population segment. By doing so, Sands Horizon Inc contributes to enhancing the living standards of the elderly, ensuring they have a safe and affordable place to call home.
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Impact
October, 2024
Sands Horizon Inc. significantly impacts the community by providing affordable housing specifically tailored for low-income elderly residents in Valdosta, Georgia. By operating a rental housing project consisting of 30 units under Section 202 of the National Housing Act, it addresses a critical need for safe and affordable living options for vulnerable populations. This initiative not only helps in alleviating housing insecurity among elderly individuals but also contributes to the overall well-being of the community by fostering a supportive environment for senior residents. Through its dedicated management and maintenance of these housing units, Sands Horizon Inc. plays an essential role in enhancing the quality of life for its tenants and promoting stability within the local housing market.
This information is meant to be a general summary of Sands Horizon 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: $292
- Program Service Revenue: $190,079
- Gross Receipts: $190,371
Assets and Liabilities:
- Total Assets: $1,272,430
- Total Liabilities: $72,370
- Net Assets: $1,200,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$185,114
TENANT CHARGES
Revenue
$2,864
LAUNDRY AND VENDING
Revenue
$2,101
Organization Details
Founding Year
2004
Phone
(229) 242-4025Principal Officer
Henry E Wright Ii
Main Address
1195 OLD STATENVILLE ROAD, VALDOSTA, GA, 31601
NTEE Category
Code: L20 - Housing
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