Overview
What is Palmetto Housing Corporation?
Palmetto Housing Corporation, situated in Florence, South Carolina, is a small-scale nonprofit organization dedicated to providing housing assistance and aiding individuals in obtaining affordable housing. With a team of just two dedicated professionals, they strive to make a significant impact in their community. Their mission revolves around offering essential support and resources to facilitate the attainment of affordable housing, thus contributing to a more equitable living environment.
Is Palmetto Housing Corporation legitimate?
Palmetto Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmetto Housing Corporation 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: $22,912
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What is the mission statement of Palmetto Housing Corporation?
The Palmetto Housing Corporation is dedicated to providing housing assistance and facilitating the acquisition of affordable housing. Their mission is centered around this goal, aiming to make housing more accessible for individuals in need. The corporation's activities are focused on this mission, working tirelessly to help people secure affordable housing options. By doing so, they contribute to improving living conditions and providing a stable environment for numerous families and individuals. The corporation's services may include counseling, financial assistance, and resource provision to help individuals navigate the process of obtaining affordable housing.
Who is the CEO of Palmetto Housing Corporation?
Clamentine V Elmore is the Secretary of Palmetto Housing Corporation.
What is the revenue of Palmetto Housing Corporation?
Palmetto Housing Corporation's revenue in 2022 was $122,442.
Who are the executives of Palmetto Housing Corporation and what are their salaries?
The average compensation at Palmetto Housing Corporation during 2022 was $11,456. There are 2 employees at Palmetto Housing Corporation.
Here are 7 key members and their salaries:
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- Other: $0
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- Related: $183,144
- Other: $18,343
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- Related: $62,660
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Where can I find the form 990 for Palmetto Housing Corporation?
Palmetto Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palmetto Housing Corporation
Palmetto Housing Corporation is committed to providing housing assistance and aiding individuals in obtaining affordable housing. This mission is at the heart of their operations, aiming to make housing more accessible for various communities. By focusing on housing assistance, Palmetto Housing Corporation seeks to contribute to a more equitable society, ensuring that everyone has a roof over their heads. This mission is carried out through various initiatives, although specific details about these initiatives are not provided in the information provided.
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Impact
October, 2024
Palmetto Housing Corporation significantly enhances the quality of life for individuals and families in Florence, SC, through targeted housing assistance programs. By focusing on obtaining affordable housing, the organization addresses critical housing needs in the community. Its initiatives empower residents to secure safe and stable living environments, ultimately leading to improved well-being and financial stability. The corporation plays a vital role in alleviating the challenges associated with housing insecurity, fostering a more equitable community where individuals can thrive.
This information is meant to be a general summary of Palmetto Housing Corporation. 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: $14,700
- Program Service Revenue: $90,160
- Gross Receipts: $122,442
Assets and Liabilities:
- Total Assets: $2,115,764
- Total Liabilities: $656,189
- Net Assets: $1,459,575
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$90,160
Organization Details
Founding Year
1999
Phone
(843) 669-4163Principal Officer
Clamentine V Elmore
Main Address
PO BOX 969, FLORENCE, SC, 29503
NTEE Category
Code: L20 - Housing
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