Our Housing Mission Inc

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

EIN: 621166284 ✦ Germantown, TN ✦ Designated as a 501(c)(3)

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Overview

What is Our Housing Mission Inc?

Our Housing Mission Inc is a nonprofit organization dedicated to ensuring affordable housing. They accomplish this mission by owning, maintaining, and operating entities that manage affordable housing properties. These properties are subject to regulations by the HUD, with specific parameters set for rent charges and asset acquisition. Their objective is to promote and provide affordable housing solutions within their community.

Is Our Housing Mission Inc legitimate?

Our Housing Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Housing Mission 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,028

For more financial information, click here

What is the mission statement of Our Housing Mission Inc?

Our Housing Mission Inc. is committed to promoting and providing affordable housing. They achieve this by owning, maintaining, and operating entities that manage these properties. The affordable housing units are regulated by the HUD, with contracts and regulatory agreements in place to control rent charges and the acquisition of fixed assets.

Who is the CEO of Our Housing Mission Inc?

Terry Johnson is the President of Our Housing Mission Inc.

What is the revenue of Our Housing Mission Inc?

Our Housing Mission Inc's revenue in 2022 was $291,599.

Who are the executives of Our Housing Mission Inc and what are their salaries?

The average compensation at Our Housing Mission Inc during 2022 was $22,014. There are 2 employees at Our Housing Mission Inc.


Here are 3 key members and their salaries:


Terry Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Russell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddy Chester (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Our Housing Mission Inc?

Our Housing Mission Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Our Housing Mission Inc

Our Housing Mission Inc, a nonprofit organization, is committed to promoting and ensuring the availability of affordable housing. They accomplish this by owning, maintaining, and operating entities that oversee properties designed for affordable living. These properties are subject to regulations set by the HUD, with contracts and regulatory agreements in place to govern rent charges and the acquisition of fixed assets. By dedicating its resources to this mission, Our Housing Mission Inc aims to make housing more accessible and affordable for individuals and families in need.

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Impact




October, 2024

Our Housing Mission Inc plays a crucial role in promoting and providing affordable housing in Germantown, TN. By owning, maintaining, and operating properties specifically designed for affordability, they ensure that individuals and families have access to safe and suitable living conditions. The organization's commitment is reinforced through adherence to regulations set by HUD, which govern rent charges and the acquisition of fixed assets. This regulatory framework not only helps maintain housing affordability but also assures quality and stability for residents. Ultimately, Our Housing Mission's efforts significantly alleviate housing insecurity and contribute to the overall well-being of the community.




This information is meant to be a general summary of Our Housing Mission 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.

Revenue
$291,599 (2022)
Expenses
$393,898 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $306
  • Program Service Revenue: $264,707
  • Gross Receipts: $291,599

Assets and Liabilities:

  • Total Assets: $2,504,768
  • Total Liabilities: $593,126
  • Net Assets: $1,911,642

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Programs

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

HUD SECTION 8 RECEIPTS

Revenue

$182,464

TENANT RENTS & MISC.

Revenue

$82,243

Organization Details

Principal Officer

Terry Johnson

Main Address

2171 JUDICIAL DRIVE SUITE 200, GERMANTOWN, TN, 38138

NTEE Category

Code: L21 - Housing

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