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Blackwater Housing Corporation

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

EIN: 593221444 ✦ Destin, FL ✦ Designated as a 501(c)(3)

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Overview

What is Blackwater Housing Corporation?

Blackwater Housing Corporation is a nonprofit organization committed to offering viable housing solutions to families with limited financial resources. Their primary goal is to foster self-respect and self-reliance among their residents, while preserving the quality and financial integrity of their properties. To achieve this mission, they participated in the Neighborhood Stabilization program, acquiring single-family homes affected by the nationwide home foreclosure crisis. With assistance from the Santa Rosa County Housing program, they successfully refurbished four of these properties to provide affordable housing options.

Is Blackwater Housing Corporation legitimate?

Blackwater Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blackwater Housing Corporation submitted a form 990EZ, 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.

What is the mission statement of Blackwater Housing Corporation?

Blackwater Housing Corporation's mission is centered around providing affordable housing for families with limited financial means. This organization aims to foster a sense of self-respect and self-reliance among its residents while maintaining the financial and structural integrity of its properties. In response to the national home foreclosure crisis, Blackwater Housing Corporation utilized the Neighborhood Stabilization program to acquire and refurbish affected single-family homes, thereby expanding the availability of affordable housing options.

Who is the CEO of Blackwater Housing Corporation?

Rebecca Freeman is the President of Blackwater Housing Corporation.

What is the revenue of Blackwater Housing Corporation?

Blackwater Housing Corporation's revenue in 2023 was $29,725.

Who are the executives of Blackwater Housing Corporation and what are their salaries?


Here are 5 key members and their salaries:


Robert Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veneta Finley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Freeman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael G Kent (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Wilcox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Blackwater Housing Corporation?

Blackwater Housing Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Blackwater Housing Corporation

Blackwater Housing Corporation, a nonprofit organization, is dedicated to offering affordable housing solutions to families with modest incomes. The corporation's mission is twofold: fostering self-respect and self-reliance among its residents while maintaining the integrity of its properties and finances. In pursuit of this mission, Blackwater Housing Corporation has taken an active role in the Neighborhood Stabilization program, acquiring single-family homes affected by the nationwide housing foreclosure crisis. With support from the Santa Rosa County Housing program, the corporation has refurbished four of these homes, providing homes that are both affordable and well-maintained. By doing so, Blackwater Housing Corporation is able to contribute positively to its community, offering families in need a chance to improve their living conditions and build a stable future.

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Impact




August, 2024

Blackwater Housing Corporation's impact lies in providing positive housing opportunities to families of low and modest financial means in Destin, FL. By purchasing single-family homes affected by the national home foreclosure crisis and refurbishing them through programs like the Santa Rosa County Housing program, the corporation promotes self-respect and self-reliance among individuals while maintaining the integrity of its properties and finances. This initiative helps create affordable housing options for those in need, contributing to the community's overall well-being and stability.




This information is meant to be a general summary of Blackwater 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.

Revenue
$29,725 (2023)
Expenses
$66,363 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $29,725
  • Gross Receipts: $29,725

Assets and Liabilities:

  • Total Assets: $306,578
  • Total Liabilities: $460,916
  • Net Assets: -$154,338

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Organization Details

Principal Officer

Rebecca Freeman

Main Address

970 GULF SHORE DRIVE, DESTIN, FL, 32541

NTEE Category

Code: L200 - Housing

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