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The Development Corporation Of Orchard Knob Inc

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

EIN: 621586067 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is The Development Corporation Of Orchard Knob Inc?

The Development Corporation of Orchard Knob Inc. is a nonprofit organization situated in Atlanta, Georgia. Its primary mission is to provide housing solutions for the elderly, achieving this through the operation of a HUD-assisted apartment community, overseen under Section 202 of the National Housing Act of 1959. This community serves as a sanctuary for elderly individuals, offering them a secure and comfortable living environment.

Is The Development Corporation Of Orchard Knob Inc legitimate?

The Development Corporation Of Orchard Knob Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Development Corporation Of Orchard Knob 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: $100,998

For more financial information, click here

What is the mission statement of The Development Corporation Of Orchard Knob Inc?

The Development Corporation of Orchard Knob Inc, as part of its mission, focuses on providing housing solutions for the elderly population. They accomplish this by operating a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959. This organization's primary goal is to ensure elderly individuals have access to suitable housing, enhancing their overall living conditions. By doing so, they contribute to the well-being and independence of the elderly, providing a comfortable environment for them to reside in.

Who is the CEO of The Development Corporation Of Orchard Knob Inc?

David Essex is the President of The Development Corporation Of Orchard Knob Inc.

What is the revenue of The Development Corporation Of Orchard Knob Inc?

The Development Corporation Of Orchard Knob Inc's revenue in 2022 was $419,096.

Who are the executives of The Development Corporation Of Orchard Knob Inc and what are their salaries?

There 7 volunteers at The Development Corporation Of Orchard Knob Inc.


Here are 7 key members and their salaries:


David Essex (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Daniels (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Washington (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Mckeldin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Lacy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandra Fears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Development Corporation Of Orchard Knob Inc?

The Development Corporation Of Orchard Knob Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Development Corporation Of Orchard Knob Inc

The Development Corporation of Orchard Knob Inc is dedicated to providing housing for elderly individuals. They achieve this mission by operating a HUD-assisted apartment community, regulated under Section 202 of the National Housing Act of 1959. This nonprofit organization's main goal is to ensure that elderly persons have access to suitable living spaces, thereby improving their quality of life. By managing this HUD-assisted apartment community, The Development Corporation of Orchard Knob Inc offers a secure and supportive living environment for the elderly, providing them with a place they can call home.

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Impact




October, 2024

The Development Corporation of Orchard Knob Inc significantly impacts the community by providing safe, affordable housing for elderly individuals. Through its operation of a HUD-assisted apartment community, it addresses a critical need for senior housing in Atlanta, GA. By adhering to the regulations of Section 202 of the National Housing Act of 1959, the organization ensures that vulnerable populations receive the support and resources necessary for comfortable living. This initiative not only enhances the quality of life for elderly residents but also fosters a sense of community, promoting social interaction and engagement among seniors.




This information is meant to be a general summary of The Development Corporation Of Orchard Knob 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
$419,096 (2022)
Expenses
$464,404 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $414,605
  • Gross Receipts: $419,096

Assets and Liabilities:

  • Total Assets: $965,063
  • Total Liabilities: $149,250
  • Net Assets: $815,813

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Programs

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

RENTAL INCOME

Revenue

$414,605

Organization Details

Founding Year

1998

Principal Officer

David Essex

Main Address

PO BOX 53274, ATLANTA, GA, 30355

NTEE Category

Code: L20Z - Housing

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