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South Chattanooga Gateway Corp

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

EIN: 621571102 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is South Chattanooga Gateway Corp?

South Chattanooga Gateway Corp is a nonprofit organization that is dedicated to providing affordable housing solutions for low-income individuals. They have successfully established and managed 26 units of safe and decent living spaces, ensuring that these houses are accessible and affordable for their intended residents. The organization's mission revolves around the provision of affordable housing, striving to make a positive impact on the community by addressing housing concerns and ensuring that everyone has a place to call home.

Is South Chattanooga Gateway Corp legitimate?

South Chattanooga Gateway Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Chattanooga Gateway Corp submitted a form 990EZ, 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

For more financial information, click here

What is the mission statement of South Chattanooga Gateway Corp?

The South Chattanooga Gateway Corp's mission is centered around providing affordable housing solutions. The organization has successfully constructed and made available twenty-six safe and decent housing units, particularly catering to individuals with lower income levels. Their primary objective is to offer housing that is both secure and reasonably priced, thereby addressing the housing needs of a portion of society that may otherwise struggle to secure such accommodations.

What is the revenue of South Chattanooga Gateway Corp?

South Chattanooga Gateway Corp's revenue in 2024 was $35,409.

Who are the executives of South Chattanooga Gateway Corp and what are their salaries?

Here are 6 key members and their salaries:


Robert L Parks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linston Sims (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Hines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Mcalister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Chattanooga Gateway Corp?

South Chattanooga Gateway Corp's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of South Chattanooga Gateway Corp

South Chattanooga Gateway Corp, as an organization, is dedicated to providing decent, safe, and affordable housing units for individuals with low income. Their mission is clear and straightforward: to offer twenty-six such housing units to those in need. This endeavor aims to make housing more accessible and affordable for those who may otherwise struggle to secure suitable living arrangements due to financial constraints. By providing these units, the organization seeks to contribute positively to the community, ensuring that everyone has a roof over their heads and a secure living environment.

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Impact




August, 2024

The impact of South Chattanooga Gateway Corp can be seen in its provision of twenty-six decent, safe, and affordable housing units in Chattanooga, Tennessee. By offering low-income housing options, the organization has directly contributed to addressing the housing needs of individuals and families in the community. These efforts have undoubtedly improved the quality of life for those who have benefited from access to affordable housing through the organization.




This information is meant to be a general summary of South Chattanooga Gateway Corp. 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
$35,409 (2024)
Expenses
$36,493 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $13
  • Program Service Revenue: $35,396
  • Gross Receipts: $35,409

Assets and Liabilities:

  • Total Assets: $414,186
  • Total Liabilities: $0
  • Net Assets: $414,186

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Programs

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

LOW INCOME HOUSING

Revenue

$35,396

Organization Details

Principal Officer

Robert L Parks

NTEE Category

Code: L20Z - Housing

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