Overview
What is Housing Foundation Of Huntsville Section I?
The Housing Foundation of Huntsville Section I, situated in Huntsville, Alabama, is a dedicated nonprofit organization. Their primary mission is to provide residential housing opportunities for elderly individuals and families with low and moderate incomes within the Huntsville community. By developing and operating such housing facilities, they contribute significantly to the well-being of these groups, ensuring they have access to safe and comfortable living spaces.
Is Housing Foundation Of Huntsville Section I legitimate?
Housing Foundation Of Huntsville Section I is a legitimate nonprofit organization registered as a 501(c)(4) entity. Housing Foundation Of Huntsville Section I 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: $229,561
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What is the mission statement of Housing Foundation Of Huntsville Section I?
The Housing Foundation, in its mission, focuses on developing and operating residential housing facilities. This is primarily aimed at assisting elderly individuals and families with low and moderate income levels. By providing such housing, the foundation aims to contribute to their living needs, thereby promoting a sense of community and support. The foundation's activities are centered around providing a safe and comfortable living environment for these individuals, ensuring they have access to decent housing options.
Who is the CEO of Housing Foundation Of Huntsville Section I?
Barbara G Kennedy is the Secretary of Housing Foundation Of Huntsville Section I.
What is the revenue of Housing Foundation Of Huntsville Section I?
Housing Foundation Of Huntsville Section I's revenue in 2023 was $1,266,000.
Who are the executives of Housing Foundation Of Huntsville Section I and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Housing Foundation Of Huntsville Section I?
Housing Foundation Of Huntsville Section I's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Housing Foundation Of Huntsville Section I
The Housing Foundation of Huntsville Section I is dedicated to a significant mission. This organization focuses on developing and managing housing options for elderly individuals and families with low to moderate incomes. By providing residential accommodations, the foundation aims to contribute positively to the community, ensuring that these vulnerable groups have a secure and comfortable living environment. The organization's activities are centered around the development and operation of housing units, catering to the specific needs of the elderly and low-income families.
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Impact
October, 2024
Housing Foundation Of Huntsville Section I plays a crucial role in enhancing the quality of life for elderly individuals and low to moderate-income families in Huntsville, AL. By developing and operating affordable housing, it addresses a significant need in the community, ensuring that vulnerable populations have access to safe and suitable living conditions.
The organization’s focus on residential housing not only provides shelter but also fosters a sense of community and stability for its residents. By creating environments where elderly individuals can thrive and families can establish roots, it contributes to improved well-being and social cohesion in the area. This initiative helps alleviate the economic pressures faced by low and moderate-income families, allowing them to allocate resources to other essential areas such as healthcare, education, and daily living expenses.
Moreover, the impact extends beyond the individual households; by supporting the housing needs of these groups, it contributes to the overall economic vitality of Huntsville. A stable housing environment lays the groundwork for community development, local engagement, and the fostering of intergenerational relationships, ultimately enriching the social fabric of the area.
This information is meant to be a general summary of Housing Foundation Of Huntsville Section I. 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: $28
- Program Service Revenue: $1,265,972
- Gross Receipts: $1,266,000
Assets and Liabilities:
- Total Assets: $1,145,366
- Total Liabilities: $2,853,874
- Net Assets: -$1,708,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$1,265,972
Organization Details
Founding Year
1966
Phone
(256) 533-3420Principal Officer
Barbara G Kennedy
Main Address
PO BOX 7247, HUNTSVILLE, AL, 35807
NTEE Category
Code: L22 - Housing
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