Overview
What is Mid-South Housing Foundation?
The Mid-South Housing Foundation is a nonprofit organization situated in Oxford, Mississippi. Its primary mission is to promote and sustain affordable housing developments within the Mid-South region. This involves engaging in various activities such as financing, development, construction, renovation, rehabilitation, and management of housing units for individuals with low and moderate incomes. By providing these services, the Mid-South Housing Foundation aims to foster a community where everyone, regardless of income level, has access to decent and affordable housing.
Is Mid-South Housing Foundation legitimate?
Mid-South Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-South Housing Foundation 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: $53,100
For more financial information, click here
What is the mission statement of Mid-South Housing Foundation?
The Mid-South Housing Foundation is committed to engaging in various aspects of low and moderate income housing, including development, financing, construction, renovation, rehabilitation, and management. Their mission is to foster such housing in the Mid-South region. The organization provides permanent, long-term financing for affordable housing developments, aiming to make a significant impact on the housing needs of individuals with limited financial means. Their activities are geared towards ensuring accessible and affordable housing options for the community.
Who is the CEO of Mid-South Housing Foundation?
Clarence W Chapman is the President of Mid-South Housing Foundation.
What is the revenue of Mid-South Housing Foundation?
Mid-South Housing Foundation's revenue in 2022 was $391,180.
Who are the executives of Mid-South Housing Foundation and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $0
- Other: $25,000
- Compensation: $0
- Related: $0
- Other: $12,500
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Mid-South Housing Foundation?
Mid-South Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mid-South Housing Foundation
Mid-South Housing Foundation is committed to engaging in various activities aimed at promoting and fostering affordable housing for individuals with low and moderate incomes. The organization's mission encompasses development, financing, construction, renovation, rehabilitation, and management of such housing units in the Mid-South region. In essence, Mid-South Housing Foundation plays a pivotal role in providing long-term, affordable housing solutions, contributing to the overall well-being and stability of the community's residents. By offering these services, the foundation is instrumental in addressing the housing needs of a significant portion of society, thereby contributing to a more equitable and inclusive living environment.
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Impact
October, 2024
Mid-South Housing Foundation significantly impacts the community by fostering low and moderate-income housing in the Mid-South region. By engaging in various activities such as development, financing, construction, renovation, and management, it plays a pivotal role in ensuring that affordable housing options are accessible to those in need. The organization provides permanent long-term financing to affordable housing developments, which helps stabilize communities and improve the overall quality of life for residents. Operating from Oxford, MS, its mission drives efforts to create sustainable housing solutions that empower individuals and families, ultimately contributing to the economic well-being of the region.
This information is meant to be a general summary of Mid-South Housing Foundation. 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: $120,205
- Program Service Revenue: $270,975
- Gross Receipts: $391,180
Assets and Liabilities:
- Total Assets: $27,150,394
- Total Liabilities: $62,500
- Net Assets: $27,087,894
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE INTEREST INCOME
Revenue
$270,849
DONATIONS
Revenue
$126
Organization Details
Founding Year
1997
Phone
(662) 236-5080Principal Officer
Clarence W Chapman
Main Address
2330 UNIVERSITY AVENUE, OXFORD, MS, 38655
NTEE Category
Code: L21 - Housing
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