Overview
What is Horizon Homes Inc?
Horizon Homes Inc, situated unspecified, is a dedicated nonprofit organization that prioritizes affordability in housing. Their primary objective, as regulated by HUD, is to offer 19 units of low-income housing under Section 202 of the National Housing Act, amended. The organization's mission is deeply rooted in providing affordable housing, aiming to cater to a segment of the population with limited resources.
Is Horizon Homes Inc legitimate?
Horizon Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Homes 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 Horizon Homes Inc?
Horizon Homes Inc, as a part of its mission, strives to provide affordable housing to individuals with low income. This is accomplished by offering 19 units under Section 202 of the National Housing Act, which is regulated by HUD. The organization's primary goal is to make housing accessible for those who may not be able to afford it otherwise. This mission aligns with the amended National Housing Act, which aims to promote affordable housing opportunities across various communities.
What is the revenue of Horizon Homes Inc?
Horizon Homes Inc's revenue in 2024 was $274,024.
Who are the executives of Horizon Homes Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Horizon Homes Inc?
Horizon Homes Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Horizon Homes Inc
Horizon Homes Inc, a nonprofit organization, is committed to providing low-income housing. Its mission is to make affordable housing a reality for individuals in need. To achieve this, Horizon Homes offers 19 units under Section 202 of the National Housing Act, a legislation that has been amended and is regulated by the Department of Housing and Urban Development (HUD). This mission of Horizon Homes Inc is centered around the belief that everyone deserves a safe and affordable place to call home. By offering these housing units, the organization is contributing significantly to the well-being and stability of its residents, thereby enhancing their overall quality of life.
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Impact
October, 2024
Horizon Homes Inc significantly impacts the community by offering affordable housing solutions to low-income individuals and families in Birmingham, AL. Through its 19 housing units regulated under Section 202 of the National Housing Act, the organization addresses critical housing shortages for those in need. By ensuring access to safe and stable living conditions, Horizon Homes plays a vital role in enhancing the quality of life for its residents, fostering community stability, and supporting the broader goal of reducing homelessness and housing insecurity. The provision of these units not only helps individuals and families find a place to call home but also promotes economic and social well-being within the community.
This information is meant to be a general summary of Horizon Homes 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 2024.
- Investment Income: $3,135
- Program Service Revenue: $270,889
- Gross Receipts: $274,024
Assets and Liabilities:
- Total Assets: $372,485
- Total Liabilities: $37,852
- Net Assets: $334,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTS
Revenue
$88,013
Organization Details
Founding Year
1982
Principal Officer
Patrick Hassell
NTEE Category
Code: L20 - Housing
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