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John And David Matthews Retirement Center Ii

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

EIN: 640693592 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is John And David Matthews Retirement Center Ii?

John And David Matthews Retirement Center II is a nonprofit organization situated in Jackson, Mississippi. Their primary mission is to serve the elderly and individuals with disabilities by offering them affordable housing under the provisions of Section 202 of the National Housing Act. Specifically, they provide 50 subsidized housing units to eligible low-income tenants through funding from the U.S. Department of Housing and Urban Development (HUD). This center aims to improve the living conditions and support the well-being of its residents.

Is John And David Matthews Retirement Center Ii legitimate?

John And David Matthews Retirement Center Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. John And David Matthews Retirement Center Ii 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: $79,273

For more financial information, click here

What is the mission statement of John And David Matthews Retirement Center Ii?

The John And David Matthews Retirement Center II, as per its mission statement, is dedicated to providing affordable housing for the elderly and handicapped. This is done in adherence to Section 202 of the National Housing Act. The center aims to accommodate 50 tenants who meet the criteria of being low-income individuals. The primary objective of this facility is to ensure that eligible individuals have access to suitable and subsidized housing units.

Who is the CEO of John And David Matthews Retirement Center Ii?

Lacy Harrell is the President of John And David Matthews Retirement Center Ii.

What is the revenue of John And David Matthews Retirement Center Ii?

John And David Matthews Retirement Center Ii's revenue in 2023 was $427,000.

Who are the executives of John And David Matthews Retirement Center Ii and what are their salaries?


Here are 2 key members and their salaries:


Lacy Harrell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Johnson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for John And David Matthews Retirement Center Ii?

John And David Matthews Retirement Center Ii's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of John And David Matthews Retirement Center Ii

John And David Matthews Retirement Center II is dedicated to serving the needs of the elderly and handicapped population. As part of its mission, the center provides 50 housing units under Section 202 of the National Housing Act, with the goal of offering affordable and subsidized housing options to qualified low-income individuals. The center's mission is to contribute positively to the lives of its residents, providing them with a safe and comfortable living environment. The center's focus on low-income housing for the elderly and handicapped is an essential service in ensuring that vulnerable populations have access to safe and affordable housing options. By offering subsidized housing, John And David Matthews Retirement Center II plays a crucial role in supporting the well-being and independence of its residents, allowing them to maintain their dignity and quality of life.

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Impact




October, 2024

John And David Matthews Retirement Center II plays a crucial role in enhancing the quality of life for low-income elderly and handicapped individuals in Jackson, MS. By offering 50 HUD-subsidized housing units, the center ensures that vulnerable populations have access to safe and affordable living options. This not only addresses critical housing needs but also fosters a sense of community and support among residents. The availability of such housing is essential in promoting independence and dignity for those who may otherwise face challenges in securing stable accommodations. Ultimately, the impact of the center extends beyond mere shelter; it contributes significantly to the overall well-being and stability of its residents, helping to alleviate the stress and difficulties associated with housing insecurity.




This information is meant to be a general summary of John And David Matthews Retirement Center Ii. 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
$427,000 (2023)
Expenses
$394,018 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,621
  • Program Service Revenue: $422,379
  • Gross Receipts: $427,000

Assets and Liabilities:

  • Total Assets: $1,147,045
  • Total Liabilities: $1,600,185
  • Net Assets: -$453,140

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Programs

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

Tenant rent and subsid

Revenue

$420,531

Other tenant charges

Revenue

$1,848

Organization Details

Founding Year

1986

Principal Officer

Lacy Harrell

Main Address

PO Box 3570, Jackson, MS, 39207

NTEE Category

Code: L21Z - Housing

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