Overview
What is Lexington Home Ownership Commission C/O Austin Simms?
Lexington Home Ownership Commission C/O Austin Simms is a nonprofit organization based in Lexington, Kentucky, specifically at 300 New Circle Road NW. Their primary mission is to provide home ownership opportunities for families with low to moderate income levels. They achieve this by acting as a developer for various affordable housing projects. The income generated from these developer fees is considered "program income" for Lexington Housing Authority, a related organization. This nonprofit's efforts contribute to the overall goal of making home ownership more accessible for a significant portion of the local community.
Is Lexington Home Ownership Commission C/O Austin Simms legitimate?
Lexington Home Ownership Commission C/O Austin Simms is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Home Ownership Commission C/O Austin Simms 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: $0
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What is the mission statement of Lexington Home Ownership Commission C/O Austin Simms?
The Lexington Home Ownership Commission, through its commissioner Austin Simms, is dedicated to providing home ownership opportunities for families with low to moderate income levels. As an active developer, the commission generates program income from various affordable housing projects, which in turn, contributes to the initiatives of a related organization, the Lexington Housing Authority. The mission of Lexington Home Ownership Commission is to facilitate homeownership, thereby promoting stability and independence for these families.
Who is the CEO of Lexington Home Ownership Commission C/O Austin Simms?
Sean Cooper is the President of Lexington Home Ownership Commission C/O Austin Simms.
What is the revenue of Lexington Home Ownership Commission C/O Austin Simms?
Lexington Home Ownership Commission C/O Austin Simms's revenue in 2022 was $0.
Who are the executives of Lexington Home Ownership Commission C/O Austin Simms and what are their salaries?
There 5 volunteers at Lexington Home Ownership Commission C/O Austin Simms.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $229,016
- Other: $66,602
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $138,223
- Other: $41,220
Where can I find the form 990 for Lexington Home Ownership Commission C/O Austin Simms?
Lexington Home Ownership Commission C/O Austin Simms's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lexington Home Ownership Commission C/O Austin Simms
Lexington Home Ownership Commission C/O Austin Simms is dedicated to providing home ownership opportunities for families with low to moderate incomes. The organization fulfills this mission by acting as a developer for various affordable housing projects. The developer fees generated from these projects serve as 'program income' for Lexington Housing Authority, a related organization. By focusing on affordable housing, Lexington Home Ownership Commission C/O Austin Simms aims to contribute to the wider community, enabling families to secure a stable and long-term living situation. The organization's mission is instrumental in providing an essential service, making homeownership a reality for many families who may otherwise struggle to achieve it.
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Impact
October, 2024
Lexington Home Ownership Commission, under the leadership of Austin Simms, plays a pivotal role in providing homeownership opportunities to low- and moderate-income families in Lexington, KY. By acting as a developer for various affordable housing projects, the organization addresses the critical need for accessible housing in the community. The project developments not only help families achieve homeownership but also contribute to the local economy through the creation of affordable housing stock.
The fees generated from these developments serve as program income, which is directed to the Lexington Housing Authority, enhancing the broader mission of promoting stable and sustainable communities. This positive impact extends beyond individual families, fostering economic growth and stability within Lexington by ensuring that housing remains affordable and accessible to those who may otherwise be excluded from the housing market.
This information is meant to be a general summary of Lexington Home Ownership Commission C/O Austin Simms. 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 2022.
Assets and Liabilities:
- Total Assets: $11,306,148
- Total Liabilities: $0
- Net Assets: $11,306,148
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Organization Details
Founding Year
1994
Phone
(859) 281-5060Principal Officer
Sean Cooper
Main Address
300 NEW CIRCLE ROAD NW, LEXINGTON, KY, 405051428
NTEE Category
Code: L23Z - Housing
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