Northern Kentucky Presbyterian Housing Corporation

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

EIN: 611167871 ✦ Covington, KY ✦ Designated as a 501(c)(4)

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Overview

What is Northern Kentucky Presbyterian Housing Corporation?

Northern Kentucky Presbyterian Housing Corporation is a nonprofit organization dedicated to offering low-income housing solutions. They manage a 30-unit project, constructed under the National Housing Act's Section 202, and funded by a tenant assistance agreement with the U.S. Department of Housing and Urban Development. Situated in Covington, KY, the organization's primary focus is on maintaining and upkeeping this housing project to ensure affordable living options for its residents. The corporation's mission revolves around providing low-income housing, contributing positively to the local community.

Is Northern Kentucky Presbyterian Housing Corporation legitimate?

Northern Kentucky Presbyterian Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Northern Kentucky Presbyterian 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: $56,686

For more financial information, click here

What is the mission statement of Northern Kentucky Presbyterian Housing Corporation?

Northern Kentucky Presbyterian Housing Corporation is dedicated to delivering low-income housing solutions. They operate a 30-unit project, constructed under the National Housing Act's Section 202, and are supported by a tenant assistance agreement with the U.S. Department of Housing and Urban Development. The organization's primary focus is on maintaining this project, ensuring its continuous upkeep and regular maintenance. Their core mission revolves around providing affordable housing options for individuals with limited financial resources.

Who is the CEO of Northern Kentucky Presbyterian Housing Corporation?

R Stan Kramer is the President of Northern Kentucky Presbyterian Housing Corporation.

What is the revenue of Northern Kentucky Presbyterian Housing Corporation?

Northern Kentucky Presbyterian Housing Corporation's revenue in 2022 was $242,280.

Who are the executives of Northern Kentucky Presbyterian Housing Corporation and what are their salaries?


Here are 4 key members and their salaries:


Stan Kramer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn B Kramer (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rett Mcgoodwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Chirwa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Northern Kentucky Presbyterian Housing Corporation?

Northern Kentucky Presbyterian Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Northern Kentucky Presbyterian Housing Corporation

Northern Kentucky Presbyterian Housing Corporation is dedicated to providing low-income housing solutions. The organization maintains a 30-unit housing project, funded by the U.S. Department of Housing and Urban Development and constructed under Section 202 of the National Housing Act. Its primary focus is on the upkeep and maintenance of this project, ensuring that it remains a viable option for individuals with limited financial means. The corporation's mission is to make a significant difference in the lives of those in need by offering affordable housing options, thereby contributing to a more equitable society.

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Impact




October, 2024

Northern Kentucky Presbyterian Housing Corporation has a significant impact on the community by providing essential low-income housing in Covington, KY. By maintaining a 30-unit housing project constructed under section 202 of the National Housing Act, it plays a crucial role in offering stability and affordable living options to individuals and families who might otherwise struggle to find safe housing. The corporation's commitment to continuous upkeep ensures that residents can enjoy a dignified and well-maintained living environment.

With support from the U.S. Department of Housing and Urban Development through a tenant assistance agreement, the organization directly addresses the pressing need for affordable housing in the area. This not only helps alleviate housing insecurity but also contributes to the overall well-being of the community by fostering a sense of stability for its residents. The corporation’s efforts in providing low-income housing enhance the quality of life for many, making a meaningful difference in the lives of those it serves.




This information is meant to be a general summary of Northern Kentucky Presbyterian 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
$242,280 (2022)
Expenses
$365,291 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $232
  • Program Service Revenue: $58,631
  • Gross Receipts: $242,280

Assets and Liabilities:

  • Total Assets: $730,059
  • Total Liabilities: $1,753,925
  • Net Assets: -$1,023,866

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Programs

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

TENANT RENT & CHARGES

Revenue

$58,631

Organization Details

Founding Year

1988

Principal Officer

R Stan Kramer

Main Address

1550 BANKLICK STREET, COVINGTON, KY, 41011

NTEE Category

Code: L21 - Housing

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