Overview
What is Phelps Senior Housing Inc?
Phelps Senior Housing Inc is a nonprofit organization that is dedicated to serving the elderly community. They manage a 24-unit apartment complex, offering affordable housing options for seniors. This is in line with their mission, which is rooted in the provisions of the Housing Act of 1959, specifically section 202. The organization's primary activity revolves around providing low-income housing for seniors, aiming to make housing accessible and affordable for this demographic.
Is Phelps Senior Housing Inc legitimate?
Phelps Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phelps Senior Housing 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.
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What is the mission statement of Phelps Senior Housing Inc?
Phelps Senior Housing Inc is dedicated to providing affordable housing for the elderly. Operating under the provisions of section 202 of the Housing Act of 1959, the organization runs a 24-unit apartment complex that caters to seniors with limited income. Their mission is centered around ensuring that elderly individuals have access to comfortable and reasonably priced living spaces. Phelps Senior Housing Inc strives to enhance the quality of life for its residents by offering them a secure and supportive environment.
Who is the CEO of Phelps Senior Housing Inc?
Brandi Damron is the Secretary of Phelps Senior Housing Inc.
What is the revenue of Phelps Senior Housing Inc?
Phelps Senior Housing Inc's revenue in 2023 was $27,930.
Who are the executives of Phelps Senior Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Phelps Senior Housing Inc?
Phelps Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Phelps Senior Housing Inc
Phelps Senior Housing Inc, a nonprofit organization, is committed to providing affordable housing for the elderly. Operating under the provisions of Section 202 of the Housing Act of 1959, this organization runs a 24-unit apartment complex specifically designed for seniors who are income-restricted. The mission of Phelps Senior Housing Inc is to offer a secure living environment for the elderly, ensuring they can maintain their independence while living within their means. By providing affordable housing, the organization contributes to the well-being and dignity of its elderly residents, enabling them to age gracefully with the support they need.
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Impact
October, 2024
Phelps Senior Housing Inc. plays a crucial role in enhancing the quality of life for the elderly in Pikeville, KY, by providing affordable housing options. Operating a 24-unit apartment complex specifically designed for low-income seniors, the organization addresses a significant community need for secure and accessible living spaces.
By offering affordable accommodations, Phelps Senior Housing enables elderly residents to maintain their independence while ensuring they have access to a supportive living environment. This not only fosters a sense of community among the residents but also alleviates the financial burden often faced by seniors, allowing them to allocate their limited resources toward other essential needs such as healthcare and daily living expenses.
Furthermore, the impact of Phelps Senior Housing extends beyond housing; it promotes stability and enhances the overall well-being of its residents. By adhering to the provisions of section 202 of the Housing Act of 1959, Phelps Senior Housing ensures that its operations are aligned with federal efforts to support low-income elderly individuals, reinforcing the importance of affordable housing as a vital component of social services for aging populations.
This information is meant to be a general summary of Phelps Senior Housing 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 2023.
- Investment Income: $35
- Program Service Revenue: $27,467
- Gross Receipts: $27,930
Assets and Liabilities:
- Total Assets: $1,232,169
- Total Liabilities: $2,159,536
- Net Assets: -$927,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$27,467
Organization Details
Phone
(606) 432-4178Principal Officer
Brandi Damron
Main Address
PO BOX 1468, PIKEVILLE, KY, 41502
NTEE Category
Code: P75 - Human services
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