Overview
What is Purchase Area Housing Corp?
Purchase Area Housing Corp is a nonprofit organization based in Mayfield, Kentucky. Their primary mission is to improve housing opportunities for individuals with moderate, low, and very low income levels. To achieve this goal, they administer and coordinate various grant programs. By doing so, they contribute to the betterment of housing conditions within their community. The organization's activities focus on facilitating resources and support for those in need.
Is Purchase Area Housing Corp legitimate?
Purchase Area Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Purchase Area Housing Corp 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.
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What is the mission statement of Purchase Area Housing Corp?
Purchase Area Housing Corp is dedicated to overseeing and managing various grant programs aimed at enhancing housing conditions for individuals with moderate, low, and very low income levels. The organization's mission is to improve housing accessibility for these income groups, striving to make a significant impact in their living situations. By administering these grant programs, Purchase Area Housing Corp contributes to creating more livable and affordable housing options for those who may otherwise struggle to secure adequate housing.
Who is the CEO of Purchase Area Housing Corp?
Jeremy Buchanan is the Director of Purchase Area Housing Corp.
What is the revenue of Purchase Area Housing Corp?
Purchase Area Housing Corp's revenue in 2023 was $146,019.
Who are the executives of Purchase Area Housing Corp and what are their salaries?
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Where can I find the form 990 for Purchase Area Housing Corp?
Purchase Area Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Purchase Area Housing Corp
Purchase Area Housing Corp, as a nonprofit organization, is dedicated to administering and coordinating various grant programs. Its mission is centered around improving housing conditions for individuals and families who fall under the categories of moderate, low, and very low income. By managing these grant programs effectively, Purchase Area Housing Corp aims to make a significant impact in providing better living situations for those who are in need. The corporation's activities are geared towards enhancing the availability and accessibility of decent, affordable housing options, thus contributing to the overall well-being and stability of these communities.
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Impact
October, 2024
Purchase Area Housing Corp plays a crucial role in enhancing housing conditions for moderate, low, and very low-income individuals and families. By administering and coordinating various grant programs, it facilitates access to essential resources that allow residents to secure safer, more stable living environments. This organization directly addresses housing challenges within the community, striving to improve the overall quality of life for those who may otherwise struggle to find suitable accommodations.
Through its targeted initiatives, Purchase Area Housing Corp not only provides immediate support such as financial assistance and property improvements but also fosters long-term stability for households. The efforts of this organization contribute to stronger, more vibrant communities in Mayfield, Kentucky, by ensuring that all residents have the opportunity to live in quality housing, which is a foundational element of overall well-being.
This information is meant to be a general summary of Purchase Area Housing Corp. 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 2023.
- Investment Income: $55,969
- Gross Receipts: $146,019
Assets and Liabilities:
- Total Assets: $1,650,514
- Total Liabilities: $327,484
- Net Assets: $1,323,030
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Organization Details
Founding Year
1984
Phone
(270) 247-7171Principal Officer
Jeremy Buchanan
Main Address
P O BOX 588, MAYFIELD, KY, 42066
NTEE Category
Code: L80 - Housing
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