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Indiantown Non-Profit Housing Inc

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

EIN: 591978388 ✦ Indiantown, FL ✦ Designated as a 501(c)(3)

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Overview

What is Indiantown Non-Profit Housing Inc?

Indiantown Non-Profit Housing Inc is a nonprofit organization based in Indiantown, Florida. Their primary mission is to promote the general social welfare of the community by providing affordable housing solutions for low-income households. They manage two housing complexes, accommodating 57 and 60 units, respectively, under the USDA Rental and Interest Subsidy Program. The organization's activities are centered around the development and operation of affordable housing, aiming to enhance the living conditions of very low, low, and moderate-income residents in surrounding counties such as Martin, St. Lucie, Indian River, and Palm Beach Counties, Florida. The nonprofit employs a team of 11 individuals in their mission to contribute to the community's well-being.


Official website here: www.inphi.org

Is Indiantown Non-Profit Housing Inc legitimate?

Indiantown Non-Profit Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiantown Non-Profit Housing 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,752

For more financial information, click here


Official website here: www.inphi.org

What is the mission statement of Indiantown Non-Profit Housing Inc?

Indiantown Non-Profit Housing Inc's mission is centered around promoting the social welfare of the community. To achieve this, the organization focuses on providing long-term, safe, decent, and affordable housing for individuals and families with very low, low, and moderate incomes. Additionally, they offer opportunities for community, social, and economic development. Their goal is to enhance the living conditions and improve the quality of life for these residents, thereby contributing positively to their environments.


Official website here: www.inphi.org

Who is the CEO of Indiantown Non-Profit Housing Inc?

David Powers is the President of Indiantown Non-Profit Housing Inc. The CEO's salary of Indiantown Non-Profit Housing Inc is $50,000 and their total compensation is $50,000.


Official website here: www.inphi.org

What is the revenue of Indiantown Non-Profit Housing Inc?

Indiantown Non-Profit Housing Inc's revenue in 2022 was $333,090.


Official website here: www.inphi.org

Who are the executives of Indiantown Non-Profit Housing Inc and what are their salaries?

The average compensation at Indiantown Non-Profit Housing Inc during 2022 was $25,977. There are 11 employees and 4 volunteers at Indiantown Non-Profit Housing Inc.


Here are 5 key members and their salaries (Indiantown Non-Profit Housing Inc's CEO's salary is $50,000 and their total compensation is $50,000):


Peter M Upton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Yates (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Weldon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomasita Corral (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Powers (Ceo)
  • Compensation: $50,000
  • Related: $0
  • Other: $0


Official website here: www.inphi.org

Where can I find the form 990 for Indiantown Non-Profit Housing Inc?

Indiantown Non-Profit Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inphi.org

Learn more at the official website: www.inphi.org

Mission Statement of Indiantown Non-Profit Housing Inc

Indiantown Non-Profit Housing Inc is dedicated to promoting the social welfare of its community. To achieve this goal, the organization focuses on providing long-term, safe, decent, and affordable housing for families and individuals with very low, low, and moderate incomes. By offering affordable housing, Indiantown Non-Profit Housing Inc aims to create opportunities for community, social, and economic development. The organization's mission extends beyond just providing housing; it strives to improve the lives of its residents and their environments in the counties of Indiantown, Martin County, St. Lucie County, Indian River County, and Palm Beach County, Florida.

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Impact




October, 2024

Indiantown Non-Profit Housing Inc significantly enhances the lives of low-income households in the region by providing access to safe, decent, and affordable housing. By operating two housing complexes—a 57-unit facility and a 60-unit facility—specifically designed for low-income farm workers, it addresses a critical need in the community. These complexes are supported under a USDA rental and interest subsidy program, which further ensures that residents can afford their housing costs without compromising other essential needs.

The organization not only focuses on housing but also promotes the overall social welfare of the community. Through its initiatives, Indiantown Non-Profit Housing Inc creates opportunities for community, social, and economic development. This holistic approach benefits very low, low, and moderate-income residents across several counties in Florida, including Martin, St. Lucie, Indian River, and Palm Beach. By fostering a stable living environment, it empowers residents and contributes to the broader goal of improving the quality of life within the community.




This information is meant to be a general summary of Indiantown Non-Profit Housing 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
$333,090 (2022)
Expenses
$1,619,794 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$771,937
  • Program Service Revenue: $763,981
  • Gross Receipts: $1,327,704

Assets and Liabilities:

  • Total Assets: $8,795,064
  • Total Liabilities: $7,435,664
  • Net Assets: $1,359,400

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Programs

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

RENT AND RELATED CHARGES

Revenue

$763,981

Organization Details

Founding Year

1979

Principal Officer

David Powers

Main Address

PO BOX 456, INDIANTOWN, FL, 34956

NTEE Category

Code: L20Z - Housing

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