Overview
What is Karnes Housing Corporation?
Karnes Housing Corporation is a local nonprofit organization based in Karnes City, Texas. Its primary mission is to offer affordable housing options to residents, primarily those with restricted income. The corporation also provides rental office space to various businesses within Karnes County. Founded by a group of local business persons, their goal is to cater to all economic segments within the local population. With a small team of one employee, Karnes Housing Corporation plays a significant role in providing essential housing solutions and supporting local businesses in the area.
Is Karnes Housing Corporation legitimate?
Karnes Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Karnes 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: $37,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Karnes Housing Corporation?
Karnes Housing Corporation, comprised of local business individuals, is committed to offering affordable residential rentals to a diverse range of economic segments within the local community. Furthermore, they provide rental office spaces for various businesses. The corporation's primary focus is on providing affordable housing options to residents with restricted income. Additionally, they offer affordable office spaces to numerous businesses in the area, thereby contributing to the local business environment.
Who is the CEO of Karnes Housing Corporation?
Jonathan Schulz Ii is the President of Karnes Housing Corporation.
What is the revenue of Karnes Housing Corporation?
Karnes Housing Corporation's revenue in 2023 was $392,518.
Who are the executives of Karnes Housing Corporation and what are their salaries?
The average compensation at Karnes Housing Corporation during 2023 was $37,450. There is 1 employee at Karnes Housing Corporation.
Here are 15 key members and their salaries:
- Compensation: $30,250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Karnes Housing Corporation?
Karnes Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Karnes Housing Corporation
Karnes Housing Corporation, a group of local businesspersons, is committed to providing affordable residential rental units for various economic segments within the local population. Beyond residential rentals, the corporation also offers affordable office space for various businesses, catering to the diverse needs of the community. The organization's mission is to ensure that affordable housing and workspaces are accessible to all, thereby contributing to the well-being of the community as a whole. By prioritizing affordability, Karnes Housing Corporation aims to ensure that residents in restricted income status and businesses can secure reliable and reasonably priced housing and office spaces.
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Impact
October, 2024
Karnes Housing Corporation significantly impacts the local community by providing affordable residential rental options to residents, particularly those in restricted income brackets. This initiative ensures that individuals and families across various economic backgrounds have access to safe and stable housing in Karnes City, TX. Additionally, by offering rental office space for businesses in Karnes County, the corporation supports local entrepreneurship and economic development. This dual approach not only addresses housing needs but also fosters a vibrant business environment, contributing to the overall well-being and growth of the community.
This information is meant to be a general summary of Karnes 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: $157
- Gross Receipts: $452,241
Assets and Liabilities:
- Total Assets: $1,490,049
- Total Liabilities: $220,317
- Net Assets: $1,269,732
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Organization Details
Founding Year
1971
Phone
(830) 780-4053Principal Officer
Jonathan Schulz Ii
Main Address
701 E CALVERT, KARNES CITY, TX, 78118
NTEE Category
Code: L20 - Housing
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