Overview
What is Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation?
Countrywood Housing Corporation, formerly known as Kenneth Arms Housing Corporation, is a nonprofit organization established in 1996 with a mission to provide housing for lower-income households. Originally based in California, the corporation was organized under Section 542(C) of the Housing and Community Development Act of 1992, which is a risk-sharing program regulated by the Department of Housing and Urban Development (HUD). The California Housing Finance Agency oversees the adherence to HUD regulations through this program. Countrywood Housing Corporation purchased a project in December 2002, consisting of 65 units, and operates it under the name Countrywood Apartments in Linda, California. The organization is dedicated to constructing, maintaining, and leasing necessary real estate and personal property to meet the housing needs of lower-income families.
Official website here: www.mercyhousing.org
Is Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation legitimate?
Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Countrywood Housing Corporation F/K/A Kenneth Arms Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation?
Countrywood Housing Corporation, formerly known as Kenneth Arms Housing Corporation, is committed to constructing, operating, maintaining, or leasing necessary real estate and personal property to provide housing for lower-income households. This mission is geared towards making affordable housing available for those with limited financial resources. Established in 1996 as a California nonprofit public benefit corporation, the corporation initially focused on constructing and operating a rental housing project under Section 542(C) of the Housing and Community Development Act of 1992. The Department of Housing and Urban Development regulates these projects in terms of rent charges and operating methods. The California Housing Finance Agency oversees adherence to HUD regulations through the Risk-Sharing Program. The corporation purchased a project consisting of 65 units in December 2002 and currently operates under the name Countrywood Apartments.
Official website here: www.mercyhousing.org
What is the revenue of Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation?
Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation's revenue in 2023 was $612,375.
Official website here: www.mercyhousing.org
Who are the executives of Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation and what are their salaries?
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $219,710
- Other: $17,820
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $169,078
- Other: $11,670
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $192,189
- Other: $8,496
- Compensation: $0
- Related: $296,251
- Other: $25,195
- Compensation: $0
- Related: $255,109
- Other: $38,385
- Compensation: $0
- Related: $197,417
- Other: $22,734
- Compensation: $0
- Related: $177,291
- Other: $28,669
- Compensation: $0
- Related: $222,348
- Other: $10,201
- Compensation: $0
- Related: $265,721
- Other: $33,798
- Compensation: $0
- Related: $229,391
- Other: $20,964
- Compensation: $0
- Related: $168,803
- Other: $14,598
- Compensation: $0
- Related: $168,637
- Other: $33,259
- Compensation: $0
- Related: $84,979
- Other: $13,324
Official website here: www.mercyhousing.org
Where can I find the form 990 for Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation?
Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Countrywood Housing Corporation F/K/A Kenneth Arms Housing Corporation
Countrywood Housing Corporation, formerly known as Kenneth Arms Housing Corporation, was established with a mission to construct, operate, maintain, or lease any necessary real estate and personal property for the provision of housing for lower income households. The organization's primary objective is to provide affordable housing, and it adheres to regulations set by the Department of Housing and Urban Development, ensuring that rent charges and operating methods are in compliance. The California Housing Finance Agency plays a role in overseeing the corporation's adherence to these regulations through the Risk-Sharing Program. Currently, Countrywood Housing Corporation operates a project consisting of 65 units under the name Countrywood Apartments, located in Linda, California. The corporation's mission is to serve the housing needs of lower income households, providing them with a secure and affordable living space.
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Impact
October, 2024
Countrywood Housing Corporation, formerly known as Kenneth Arms Housing Corporation, has made a significant impact in providing affordable housing to lower-income households. Established on February 21, 1996, the organization focuses on constructing, operating, and maintaining housing projects specifically designed to support this demographic.
The corporation operates under the guidelines of the Housing and Community Development Act of 1992, particularly through the Risk-Sharing Program, which is overseen by the U.S. Department of Housing and Urban Development (HUD). This regulatory framework helps ensure that the rental charges and operational methods used are fair and sustainable.
In December 2002, Countrywood Housing Corporation acquired a 65-unit rental housing project, now known as Countrywood Apartments, located in Linda, California. By providing stable and affordable housing options, the corporation not only addresses the immediate need for shelter among lower-income households but also contributes to the overall well-being and stability of the community.
Through its commitment to these principles, Countrywood Housing Corporation plays a vital role in enhancing the quality of life for residents in the area, aiding in the prevention of homelessness, and fostering a sense of community among its occupants. The organization’s efforts significantly alleviate housing challenges and promote better living conditions for those it serves.
This information is meant to be a general summary of Countrywood Housing Corporation F/K/A Kenneth Arms Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7,097
- Program Service Revenue: $168,273
- Gross Receipts: $612,375
Assets and Liabilities:
- Total Assets: $1,480,963
- Total Liabilities: $1,711,880
- Net Assets: -$230,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$168,273
Organization Details
Founding Year
1996
Principal Officer
Doug Shoemaker
Website
www.mercyhousing.orgNTEE Category
Code: L80Z - Housing
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