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The Psalm 23 Project Inc

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

EIN: 582451919 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is The Psalm 23 Project Inc?

The Psalm 23 Project Inc, located in Atlanta, Georgia, is a nonprofit organization dedicated to providing housing solutions for elderly individuals. They operate a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959, to ensure elderly persons have access to suitable living arrangements. This project aims to enhance the quality of life for the elderly population by offering a supportive and secure housing environment.

Is The Psalm 23 Project Inc legitimate?

The Psalm 23 Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Psalm 23 Project 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: $63,153

For more financial information, click here

What is the mission statement of The Psalm 23 Project Inc?

The Psalm 23 Project Inc is dedicated to providing housing solutions for the elderly. They accomplish this by operating a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959. This organization's primary goal is to ensure that elderly individuals have access to safe and comfortable living spaces. They adhere to the regulations set forth by the HUD to ensure the well-being and satisfaction of their residents. The Psalm 23 Project Inc's mission is centered around addressing the housing needs of the elderly, providing them with a secure and supportive living environment.

Who is the CEO of The Psalm 23 Project Inc?

Britt Jennings is the President of The Psalm 23 Project Inc.

What is the revenue of The Psalm 23 Project Inc?

The Psalm 23 Project Inc's revenue in 2022 was $287,970.

Who are the executives of The Psalm 23 Project Inc and what are their salaries?

There 2 volunteers at The Psalm 23 Project Inc.


There is 1 key member and their salary:


Britt Jennings (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Psalm 23 Project Inc?

The Psalm 23 Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Psalm 23 Project Inc

The Psalm 23 Project Inc is dedicated to providing housing solutions for elderly individuals. They accomplish this by operating a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959. This nonprofit organization's mission is to ensure that elderly persons have access to safe and comfortable living spaces, thereby improving their overall quality of life. By managing this apartment community, The Psalm 23 Project Inc is making a significant contribution to the well-being of the elderly population, offering them a secure and supportive environment where they can age gracefully.

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Impact




October, 2024

The Psalm 23 Project Inc significantly impacts the lives of elderly individuals in Atlanta, GA, by providing stable, affordable housing through its HUD-assisted apartment community. By operating under Section 202 of the National Housing Act of 1959, the organization ensures that seniors have access to safe and supportive living environments tailored to their needs.

This initiative allows elderly residents to maintain their independence while also fostering a sense of community. The availability of housing specifically designed for seniors contributes to their overall well-being, promoting not just physical health but also mental and emotional stability. By alleviating the burden of housing costs, The Psalm 23 Project Inc enhances the quality of life for elderly individuals, empowering them to thrive in their later years. In sum, the organization plays a crucial role in addressing housing insecurity among seniors, ensuring that they are cared for and supported in their community.




This information is meant to be a general summary of The Psalm 23 Project 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
$287,970 (2022)
Expenses
$364,828 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12
  • Program Service Revenue: $286,716
  • Gross Receipts: $287,970

Assets and Liabilities:

  • Total Assets: $1,862,873
  • Total Liabilities: $2,506,799
  • Net Assets: -$643,926

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Programs

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

RENT REVENUE

Revenue

$286,716

Organization Details

Founding Year

1996

Principal Officer

Britt Jennings

Main Address

PO BOX 53274, ATLANTA, GA, 30355

NTEE Category

Code: P20 - Human services

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