Overview
What is Jacksonville Affordable Housing Thc Inc?
Jacksonville Affordable Housing Thc Inc is a nonprofit organization situated in Jacksonville, Florida. The organization is primarily focused on providing affordable housing solutions for low-income residents. They accomplish this by owning and managing a 182-unit apartment complex named Kings Ridge Apartments, which offers clean and economical living spaces. The organization was established with the mission to acquire, renovate, and manage this apartment complex, aiming to make housing more accessible for the financially challenged residents of Jacksonville, Florida. The nonprofit is run by a small team of 13 dedicated individuals.
Is Jacksonville Affordable Housing Thc Inc legitimate?
Jacksonville Affordable Housing Thc Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Jacksonville Affordable Housing Thc 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: $179,615
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What is the mission statement of Jacksonville Affordable Housing Thc Inc?
Jacksonville Affordable Housing Thc Inc was established with the objective of acquiring, renovating, and managing the 182-unit Kings Ridge Apartments. The primary purpose of this organization is to provide affordable housing solutions to low-income residents. By managing Kings Ridge Apartments, the organization ensures that clean and reasonably priced housing is available to those in need, contributing to their overall well-being. The organization's mission is centered around making a positive impact on the lives of the less fortunate by providing them with a stable housing environment.
What is the revenue of Jacksonville Affordable Housing Thc Inc?
Jacksonville Affordable Housing Thc Inc's revenue in 2021 was $825,468.
Who are the executives of Jacksonville Affordable Housing Thc Inc and what are their salaries?
The average compensation at Jacksonville Affordable Housing Thc Inc during 2021 was $14,968. There are 12 employees at Jacksonville Affordable Housing Thc Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jacksonville Affordable Housing Thc Inc?
Jacksonville Affordable Housing Thc Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Jacksonville Affordable Housing Thc Inc
Jacksonville Affordable Housing THC Inc was established with a mission to acquire, renovate, and manage an 182-unit apartment complex known as Kings Ridge Apartments. This organization's primary goal is to provide clean and affordable housing to low-income residents in Jacksonville, Florida. By managing this complex, Jacksonville Affordable Housing THC Inc aims to contribute to the community by ensuring that a significant portion of its population has access to affordable housing options. The organization's mission is centered around the belief that everyone deserves a safe and affordable place to call home, regardless of their income level.
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Impact
October, 2024
Jacksonville Affordable Housing Thc Inc significantly impacts the community by managing Kings Ridge Apartments, a 182-unit complex that offers clean and affordable housing to low and very low-income residents of Jacksonville, FL. By providing a stable living environment, the organization enhances the quality of life for residents, helping to alleviate housing insecurity in the area. Additionally, the presence of commercial units within the property fosters local economic development, further benefiting the community. Through its efforts, Jacksonville Affordable Housing Thc Inc plays a critical role in promoting community improvement and ensuring that residents have access to safe, affordable housing.
This information is meant to be a general summary of Jacksonville Affordable Housing Thc 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 2021.
- Program Service Revenue: $825,468
- Gross Receipts: $825,468
Assets and Liabilities:
- Total Assets: $645,268
- Total Liabilities: $90,712
- Net Assets: $554,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT AND RELATED FEES
Revenue
$816,468
CONTRIBUTIONS
Revenue
$9,000
Organization Details
Founding Year
1996
Principal Officer
Max Suter
NTEE Category
Code: S47 - Community improvement
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