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Lee County Housing Development Corporation

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

EIN: 650295038 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lee County Housing Development Corporation?

The Lee County Housing Development Corporation is a nonprofit organization headquartered in Fort Myers, Florida. Its primary mission is to provide affordable housing solutions for low-income families within Lee County. To accomplish this, the corporation constructs single-family residential homes and offers rental assistance to qualified individuals and families. As of the provided information, over 20 families have benefited from this program. The organization's purpose is to ensure that low-income families who cannot afford housing on their own have access to the necessary resources to secure a home for themselves and their families.


Official website here: www.leecountyhdc.org

Is Lee County Housing Development Corporation legitimate?

Lee County Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee County Housing Development Corporation 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: $98,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.leecountyhdc.org

What is the mission statement of Lee County Housing Development Corporation?

The Lee County Housing Development Corporation was established with a mission to provide affordable housing solutions for low-income families. By constructing necessary resources and buildings, the organization aims to assist individuals who cannot afford housing on their own. Their activities primarily involve the construction of single-family residential homes and providing rental assistance to qualified low-income residents. As a result, over 20 families or individuals have benefited from their rental assistance program.


Official website here: www.leecountyhdc.org

Who is the CEO of Lee County Housing Development Corporation?

Ahmad R Kareh is the Executive Di of Lee County Housing Development Corporation.


Official website here: www.leecountyhdc.org

What is the revenue of Lee County Housing Development Corporation?

Lee County Housing Development Corporation's revenue in 2022 was $286,343.


Official website here: www.leecountyhdc.org

Who are the executives of Lee County Housing Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


Erika Cooks (Executive Di)
  • Compensation: $123,937
  • Related: $0
  • Other: $0
Charles Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahmad R Kareh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Streets (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.leecountyhdc.org

Where can I find the form 990 for Lee County Housing Development Corporation?

Lee County Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.leecountyhdc.org

Learn more at the official website: www.leecountyhdc.org

Mission Statement of Lee County Housing Development Corporation

The Lee County Housing Development Corporation, established with a clear mission, aims to provide affordable housing solutions for low-income families within its community. Recognizing the financial constraints that many individuals and families face, this organization constructs and offers necessary resources to help those who would otherwise be unable to afford housing for themselves and their families. Through their efforts, the organization has assisted over 20 families or individuals with rental assistance, making a significant impact on their living situations. By focusing on this critical need, the Lee County Housing Development Corporation plays a crucial role in promoting affordable housing and improving the quality of life for vulnerable families in the community.

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Impact




October, 2024

Lee County Housing Development Corporation plays a pivotal role in enhancing the quality of life for low-income families in Lee County, Florida. By constructing single-family homes and offering rental assistance, the organization addresses the urgent need for affordable housing in the community.

Over the years, it has successfully provided support to over 20 families and individuals, ensuring they have access to safe and stable housing. This initiative not only alleviates housing insecurity but also fosters a sense of community and stability for those who might otherwise struggle to find suitable living conditions. The impact of their work ripples through the community, contributing to economic stability and improved living standards for many families in the region.




This information is meant to be a general summary of Lee County Housing Development Corporation. 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
$286,343 (2022)
Expenses
$525,837 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $199
  • Program Service Revenue: $48,963
  • Gross Receipts: $286,343

Assets and Liabilities:

  • Total Assets: $1,053,549
  • Total Liabilities: $535,685
  • Net Assets: $517,864

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Programs

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

RENTAL INCOME

Revenue

$44,203

CUSTOMER SERVICE FEES

Revenue

$2,950

GROUND LEASE FEES

Revenue

$1,810

Organization Details

Founding Year

1991

Principal Officer

Ahmad R Kareh

Main Address

PO BOX 2854, FORT MYERS, FL, 339022854

NTEE Category

Code: L20Z - Housing

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