Overview
What is Meridian Manor Inc?
Meridian Manor Inc is a nonprofit organization that specializes in managing and creating affordable rental housing for low-income families and the elderly. Located in Yazoo City, Mississippi, they receive financial support from the U.S. Department of Housing and Urban Development (HUD) and rent supplements to provide housing for approximately 40 families. Their mission is to make housing accessible and affordable, thereby contributing to the community's well-being.
Is Meridian Manor Inc legitimate?
Meridian Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian Manor 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: $31,017
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What is the mission statement of Meridian Manor Inc?
Meridian Manor Inc, as an organization, is dedicated to managing and developing rental housing. Their primary objective is to provide affordable living spaces for individuals with low income and the elderly. They achieve this by securing mortgage financing from HUD and obtaining rent supplements. As a result, Meridian Manor is able to accommodate around 40 families in need, promoting housing equality and stability.
Who is the CEO of Meridian Manor Inc?
Juanita Lear is the President of Meridian Manor Inc.
What is the revenue of Meridian Manor Inc?
Meridian Manor Inc's revenue in 2022 was $123,625.
Who are the executives of Meridian Manor Inc and what are their salaries?
The average compensation at Meridian Manor Inc during 2022 was $4,431. There are 7 employees at Meridian Manor Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Meridian Manor Inc?
Meridian Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Meridian Manor Inc
Meridian Manor Inc, a nonprofit organization, is dedicated to managing and developing rental housing for individuals with low income and the elderly. Through its mission, it seeks to provide affordable living solutions for around 40 families, ensuring they can reside in a secure environment. The organization secures mortgage financing from HUD and receives rent supplements to make this affordable housing a reality. By doing so, Meridian Manor Inc plays a crucial role in addressing housing needs for vulnerable populations, thereby contributing to their overall well-being.
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Impact
October, 2024
Meridian Manor Inc significantly enhances the quality of life for low-income and elderly individuals in Yazoo City, MS, by providing affordable rental housing solutions. By managing and developing properties aimed at these vulnerable populations, it plays a crucial role in addressing the pressing need for safe and accessible housing. With the support of mortgage financing from HUD and rent supplements, Meridian Manor ensures that around 40 families have a stable and affordable place to live, contributing to community stability and overall well-being. Its commitment to housing not only alleviates the financial burden on these families but also fosters a sense of community and belonging, essential for improving their living conditions and promoting social equity in the region.
This information is meant to be a general summary of Meridian Manor 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 2022.
- Investment Income: $3
- Program Service Revenue: $75,018
- Gross Receipts: $123,625
Assets and Liabilities:
- Total Assets: $552,992
- Total Liabilities: $17,884
- Net Assets: $535,108
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$74,039
Rent Income Laundry
Revenue
$979
Forfeited Security Deposits
Late Charges & Damages
Organization Details
Founding Year
1987
Phone
(662) 746-7984Principal Officer
Juanita Lear
Main Address
P O Box 1192, Yazoo City, MS, 391941192
NTEE Category
Code: L22Z - Housing
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