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Exchange Sunshine Home Corporation

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

EIN: 742503025 ✦ Copperas cove, TX ✦ Designated as a 501(c)(3)

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Overview

What is Exchange Sunshine Home Corporation?

Exchange Sunshine Home Corporation is a nonprofit organization situated in Copperas Cove, Texas, with a specific mission. They offer affordable housing solutions to eligible low-income elderly and disabled individuals. Established with a small workforce of just two employees, this organization prides itself on providing a supportive living environment, ensuring that those in need have access to a roof over their heads. The organization's primary goal is to serve and uplift these vulnerable populations, contributing positively to their communities.

Is Exchange Sunshine Home Corporation legitimate?

Exchange Sunshine Home Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Exchange Sunshine Home 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: $98,817

For more financial information, click here

What is the mission statement of Exchange Sunshine Home Corporation?

The Exchange Sunshine Home Corporation is committed to providing affordable housing for eligible low-income elderly and disabled individuals. This organization's mission is centered around ensuring that these individuals have access to comfortable living spaces within their means. By offering affordable housing, the corporation aims to contribute positively to the well-being and quality of life of its residents. The organization's activities are focused on meeting the housing needs of this specific demographic, thereby promoting inclusive and equitable living conditions.

What is the revenue of Exchange Sunshine Home Corporation?

Exchange Sunshine Home Corporation's revenue in 2023 was $252,343.

Who are the executives of Exchange Sunshine Home Corporation and what are their salaries?

The average compensation at Exchange Sunshine Home Corporation during 2023 was $49,408. There are 2 employees at Exchange Sunshine Home Corporation.

Here are 13 key members and their salaries:


Mike Blount (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Inman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kubala (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joe Burns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melody Squires (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Tabor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Inman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Webster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Webster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine French (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inez Faison (Managing Age)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Exchange Sunshine Home Corporation?

Exchange Sunshine Home Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Exchange Sunshine Home Corporation

Exchange Sunshine Home Corporation is dedicated to providing affordable housing solutions for eligible low-income elderly and disabled individuals. This nonprofit organization's mission is centered around offering secure and affordable living spaces, catering specifically to those who fall under these categories. By doing so, Exchange Sunshine Home Corporation contributes to enhancing the quality of life for these individuals, ensuring they have a comfortable and affordable place to call home.

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Impact




October, 2024

Exchange Sunshine Home Corporation plays a vital role in addressing the housing needs of qualified low-income elderly and disabled individuals in Copperas Cove, Texas. By providing affordable housing options, the organization helps ensure that these vulnerable populations have a safe and supportive living environment. This impact extends beyond mere shelter; it fosters community connection, enhances the quality of life, and promotes dignity for individuals who might otherwise struggle to secure stable housing. In doing so, Exchange Sunshine Home Corporation contributes significantly to the overall well-being of the community and the individuals they serve, addressing critical issues related to housing accessibility and social equity.




This information is meant to be a general summary of Exchange Sunshine Home 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
$252,343 (2023)
Expenses
$325,167 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,436
  • Program Service Revenue: $152,647
  • Gross Receipts: $252,343

Assets and Liabilities:

  • Total Assets: $682,188
  • Total Liabilities: $105,117
  • Net Assets: $577,071

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Programs

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

TENANT RENTS

Revenue

$123,094

INSURANCE PROCEEDS

Revenue

$19,517

OTHER TENANT CHARGES

Revenue

$10,036

Organization Details

Founding Year

1993

Principal Officer

Inez Faison

NTEE Category

Code: L22 - Housing

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