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Martin Luther Homes For The Handicapped Inc

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

EIN: 630955724 ✦ Montgomery, AL ✦ Designated as a 501(c)(3)

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Overview

What is Martin Luther Homes For The Handicapped Inc?

Martin Luther Homes for the Handicapped Inc is a nonprofit organization located in Montgomery, Alabama. Their primary mission is to provide affordable housing for the elderly, operating a 34-unit rental project under the National Housing Act's Section 202, with additional Section 8 rental assistance. This project aims to accommodate senior citizens, ensuring they have accessible and affordable housing options. The organization was established with this specific purpose in mind.

Is Martin Luther Homes For The Handicapped Inc legitimate?

Martin Luther Homes For The Handicapped Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Luther Homes For The Handicapped 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: $14,740

For more financial information, click here

What is the mission statement of Martin Luther Homes For The Handicapped Inc?

Martin Luther Homes for the Handicapped Inc. was established with the primary mission of providing affordable housing for the elderly. This mission is carried out through the operation of a 34-unit rental housing project, which is funded under Section 202 of the National Housing Act and receives Section 8 rental assistance. The company's goal is to make housing accessible and affordable for older individuals who may have mobility or other challenges. Martin Luther Homes for the Handicapped Inc. is committed to ensuring that elderly individuals have a place to call home, regardless of their financial circumstances.

Who is the CEO of Martin Luther Homes For The Handicapped Inc?

Leon Bradley is the Treasurer of Martin Luther Homes For The Handicapped Inc.

What is the revenue of Martin Luther Homes For The Handicapped Inc?

Martin Luther Homes For The Handicapped Inc's revenue in 2022 was $276,211.

Who are the executives of Martin Luther Homes For The Handicapped Inc and what are their salaries?

The average compensation at Martin Luther Homes For The Handicapped Inc during 2022 was $7,370. There are 2 employees at Martin Luther Homes For The Handicapped Inc.


Here are 3 key members and their salaries:


Jerome Bradley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Bradley (Chariman Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eyre Cook (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Martin Luther Homes For The Handicapped Inc?

Martin Luther Homes For The Handicapped Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Martin Luther Homes For The Handicapped Inc

Martin Luther Homes for the Handicapped, as an organization, was established with a mission to provide affordable housing for the elderly. Specifically, they operate a 34-unit rental housing project, employing both Section 202 of the National Housing Act and Section 8 rental assistance. This initiative is their primary means of fulfilling their mission, focusing on offering affordable housing solutions to an often under-served demographic. In essence, Martin Luther Homes for the Handicapped is dedicated to enhancing the living conditions of the elderly by providing them with affordable housing options.

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Impact




October, 2024

Martin Luther Homes For The Handicapped Inc significantly impacts the Montgomery, AL community by providing affordable housing for elderly individuals. With a 34-unit rental housing project supported by section 202 of the national housing act and enhanced by section 8 rental assistance, it ensures that low-income seniors have access to secure and comfortable living arrangements. This initiative addresses the critical need for affordable elderly housing, facilitating greater independence and quality of life for its residents. By creating a supportive environment, Martin Luther Homes promotes social inclusion and offers a vital resource for those who may otherwise struggle to find suitable housing options.




This information is meant to be a general summary of Martin Luther Homes For The Handicapped 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
$276,211 (2022)
Expenses
$247,781 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $276,208
  • Gross Receipts: $276,211

Assets and Liabilities:

  • Total Assets: $87,239
  • Total Liabilities: $531,763
  • Net Assets: -$444,524

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Programs

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

HUD AND TENANT RENTAL INCOME

Revenue

$274,330

LAUNDRY

Revenue

$1,323

DAMAGES AND CLEANING

Revenue

$555

Organization Details

Founding Year

1987

Principal Officer

Leon Bradley

Main Address

5960 CARMICHAEL PL STE 200, MONTGOMERY, AL, 36117

NTEE Category

Code: L21 - Housing

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