Overview
What is Diocesan Properties Inc?
Diocesan Properties Inc is a nonprofit organization that is committed to providing affordable housing. Specifically, they manage B/A Marina Manor East, a facility that offers 161 units to cater to individuals with limited income. This initiative forms a vital part of their mission, aiming to make housing accessible to those who may struggle financially.
Is Diocesan Properties Inc legitimate?
Diocesan Properties Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Diocesan Properties 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 Diocesan Properties Inc?
Diocesan Properties Inc, through its subsidiary B/A Marina Manor East, is dedicated to providing affordable housing. The organization operates 161 units as part of this mission, offering them as low-income housing options. By doing so, Diocesan Properties Inc aims to contribute to the housing needs of individuals with limited financial resources. The focus is on making housing accessible and affordable, thereby enhancing the living conditions of its residents.
Who is the CEO of Diocesan Properties Inc?
John D Roberts is the V. President of Diocesan Properties Inc.
What is the revenue of Diocesan Properties Inc?
Diocesan Properties Inc's revenue in 2023 was $1,539,014.
Who are the executives of Diocesan Properties Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Diocesan Properties Inc?
Diocesan Properties Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Diocesan Properties Inc
Diocesan Properties Inc, through its subsidiary B/A Marina Manor East, is dedicated to the rental of low-income housing. Their primary mission is to provide affordable housing options for individuals in need. This is achieved through the operation of 161 units, which are integral parts of their program. By offering these affordable housing units, Diocesan Properties Inc aims to contribute positively to the community, ensuring that everyone has access to a place to call home, regardless of their financial situation.
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Impact
October, 2024
Diocesan Properties Inc. significantly influences the local community by providing affordable housing options through its operation of Marina Manor East. By offering 161 low-income housing units, it helps to address the critical need for affordable living spaces in Nashville, TN. This initiative not only promotes stability for individuals and families but also contributes to the overall well-being of the community by ensuring that essential housing needs are met.
The organization's commitment to affordable housing alleviates some of the financial burdens faced by low-income residents, enabling them to allocate resources to other essential areas such as education, healthcare, and daily living expenses. By fostering a supportive environment for low-income tenants, Diocesan Properties Inc. enhances community cohesion and reduces homelessness.
In essence, Diocesan Properties Inc. plays a vital role in enriching lives and promoting social equity through its mission of providing accessible housing, making a meaningful impact on Nashville's landscape and its residents.
This information is meant to be a general summary of Diocesan Properties 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: $103,977
- Program Service Revenue: $1,410,971
- Gross Receipts: $1,569,498
Assets and Liabilities:
- Total Assets: $5,048,911
- Total Liabilities: $210,438
- Net Assets: $4,838,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,410,971
Organization Details
Founding Year
1968
Phone
(615) 277-0317Principal Officer
John D Roberts
Main Address
2800 MCGAVOCK PIKE, NASHVILLE, TN, 37214
NTEE Category
Code: L22 - Housing
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