Overview
What is Eagle Wing Estates Inc?
Eagle Wing Estates Inc is a nonprofit organization situated in Hattiesburg, Mississippi, specializing in providing low-income housing for the elderly and handicapped. Operating under the National Housing Act, the organization's apartment complex is subject to regulations by HUD, ensuring appropriate rent charges and operational methods. These regulations aim to offer suitable housing for the specified demographic, guided by Section 202 of the Federal Housing Act and Section 8 oversight from the United States Department of Housing and Urban Development. In essence, Eagle Wing Estates Inc focuses on delivering accessible and affordable living spaces to the elderly and individuals with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Eagle Wing Estates Inc has received a commendable score of 87%, reflecting a strong performance in accountability and finance. This rating is based solely on their accountability and finance metrics, indicating a solid financial standing and governance practices. The organization boasts a completely independent board, with 100% of its board members meeting this criteria, which speaks to its commitment to transparency and ethical governance.
The fiscal responsibility of Eagle Wing Estates Inc is highlighted by its impressive program expense ratio of 100%, meaning all expenses are directed towards their programs. Additionally, the organization has no material diversion of assets, further emphasizing its stability and reliability. The presence of a conflict of interest policy and well-documented board meeting minutes illustrates a robust framework for decision-making and accountability.
While the organization excels in many areas, the single-beacon score does limit a comprehensive evaluation. Nevertheless, the strong ratings across various accountability metrics suggest a well-managed nonprofit that prioritizes its mission and the prudent use of resources. Overall, Eagle Wing Estates Inc demonstrates a responsible approach to its operations, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Eagle Wing Estates Inc legitimate?
Eagle Wing Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eagle Wing Estates 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: $0
For more financial information, click here
What is the mission statement of Eagle Wing Estates Inc?
Eagle Wing Estates Inc is dedicated to providing low-income housing for the elderly. Operating under the National Housing Act and regulated by the HUD, the corporation ensures that its 24-unit apartment complex in Hattiesburg, Mississippi, adheres to regulations set for providing adequate housing to elderly or handicapped individuals. The corporation's mission aligns with Section 202 of the Federal Housing Act and Section 8 supervision from the United States Department of Housing and Urban Development, aiming to offer suitable housing options for the elderly and handicapped population.
Who is the CEO of Eagle Wing Estates Inc?
Ola Hudson is the Director of Eagle Wing Estates Inc.
What is the revenue of Eagle Wing Estates Inc?
Eagle Wing Estates Inc's revenue in 2021 was $145,025.
Who are the executives of Eagle Wing Estates Inc and what are their salaries?
There are 2 employees at Eagle Wing Estates Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Eagle Wing Estates Inc?
Eagle Wing Estates Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Eagle Wing Estates Inc
Eagle Wing Estates Inc, as a corporation, is dedicated to providing low-income housing for the elderly and handicapped individuals. Situated under the National Housing Act, this organization operates a 24-unit apartment complex, regulated by the HUD, ensuring that the rent charges and operating methods are adequate to meet the needs of its residents. Eagle Wing Estates Inc adheres to the guidelines of Section 202 of the Federal Housing Act and is supervised by the United States Department of Housing and Urban Development, ensuring that the housing provided is of high quality and meets the specific needs of its elderly and handicapped residents. The primary mission of Eagle Wing Estates Inc is to offer suitable housing for this vulnerable population, aiming to enhance their quality of life and provide them with a safe and comfortable living environment.
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Impact
October, 2024
Eagle Wing Estates Inc significantly impacts the community by providing low-income housing specifically designed for elderly and handicapped individuals. With a 24-unit apartment complex situated in Hattiesburg, Mississippi, it meets a critical need for affordable living arrangements in an area where such options may be limited.
By operating under the National Housing Act and adhering to regulations set forth by HUD, Eagle Wing Estates Inc ensures that residents benefit from fair rent charges and well-maintained living conditions. This organization plays a crucial role in enhancing the quality of life for its residents, offering them not just a place to live, but a supportive environment that caters to their specific needs.
Through its commitment to serving vulnerable populations, Eagle Wing Estates Inc not only contributes to housing stability but also fosters a sense of community among residents, which is essential for their well-being and independence. This organization thus serves as a vital resource in ensuring that the elderly and handicapped have access to safe and affordable housing in Hattiesburg.
This information is meant to be a general summary of Eagle Wing Estates 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 2021.
- Investment Income: $7
- Program Service Revenue: $140,014
- Gross Receipts: $145,025
Assets and Liabilities:
- Total Assets: $475,658
- Total Liabilities: $17,306
- Net Assets: $458,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income low income
Revenue
$140,014
Organization Details
Founding Year
1992
Phone
(404) 372-1508Principal Officer
Ola Hudson
Main Address
85 JACKSONWOOD COURT, HATTISBURG, MS, 394018501
NTEE Category
Code: L20 - Housing
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