Overview
What is Spencer Community Of Hope Inc?
Spencer Community Of Hope Inc, located in Spencer, Oklahoma, is a nonprofit organization, specifically known as the Senior Living Center. Their primary mission is to offer affordable housing to low-income and elderly individuals aged 62 or above. This facility is subject to regulation by the Department of Housing and Urban Development (HUD). The organization, with a workforce of three individuals, is dedicated to providing a living space that caters to the needs of this specific demographic, thereby promoting affordable housing options in the community.
Is Spencer Community Of Hope Inc legitimate?
Spencer Community Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spencer Community Of Hope 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:
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Other Salaries and Wages: $20,116
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What is the mission statement of Spencer Community Of Hope Inc?
Spencer Community of Hope Inc. is dedicated to serving the housing needs of low-income and elderly individuals who are 62 years or older. This organization adheres to regulations set by the Department of Housing and Urban Development, ensuring the provision of affordable housing options. The primary mission of Spencer Community of Hope Inc. is to offer a secure living environment for those in need, promoting dignity and independence in their later years. By providing affordable housing, the organization strives to alleviate financial burdens and improve the overall quality of life for its residents.
Who is the CEO of Spencer Community Of Hope Inc?
Eric Muse is the Board Member of Spencer Community Of Hope Inc.
What is the revenue of Spencer Community Of Hope Inc?
Spencer Community Of Hope Inc's revenue in 2022 was $129,339.
Who are the executives of Spencer Community Of Hope Inc and what are their salaries?
The average compensation at Spencer Community Of Hope Inc during 2022 was $6,705. There are 3 employees at Spencer Community Of Hope Inc.
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Where can I find the form 990 for Spencer Community Of Hope Inc?
Spencer Community Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Spencer Community Of Hope Inc
Spencer Community of Hope Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for individuals who are elderly and fall under the low-income bracket, with a minimum age requirement of 62 years. This mission is overseen by the Department of Housing and Urban Development, ensuring that the organization adheres to stringent regulations. By offering affordable housing, Spencer Community of Hope Inc contributes to the well-being and independence of its residents, providing them with a secure and comfortable living environment.
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Impact
October, 2024
Spencer Community Of Hope Inc has a significant impact on the local community by providing much-needed affordable housing for low-income and elderly individuals aged 62 and older. This organization addresses a critical need for secure and affordable living options, ensuring that vulnerable populations have access to safe housing in Spencer, OK. By targeting those who often face economic hardships, Spencer Community Of Hope Inc helps to improve the quality of life for its residents, offering them stability and a supportive living environment. The facility operates under the regulations of the Department of Housing and Urban Development, ensuring adherence to quality standards and providing an essential resource for individuals who might otherwise struggle to find adequate housing. Through these efforts, the organization fosters community well-being and contributes to the overall health and stability of the area.
This information is meant to be a general summary of Spencer Community Of Hope 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: $173
- Program Service Revenue: $70,496
- Gross Receipts: $129,339
Assets and Liabilities:
- Total Assets: $1,048,502
- Total Liabilities: $2,041,495
- Net Assets: -$992,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$70,496
Organization Details
Founding Year
1987
Principal Officer
Eric Muse
Main Address
3711 Elpizo Circle STE A, Spencer, OK, 73084
NTEE Category
Code: L22 - Housing
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