Overview
What is Montgomery Park United Methodist Housing Corporation?
Montgomery Park United Methodist Housing Corporation is a nonprofit organization committed to offering affordable housing solutions for low-income elderly and disabled individuals. With 25 apartment units, their mission is supported by a HUD section 202 capital advance and rental subsidy. Their primary objective is to provide a home for this demographic, ensuring they have access to comfortable and subsidized living spaces.
Is Montgomery Park United Methodist Housing Corporation legitimate?
Montgomery Park United Methodist Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Park United Methodist 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: $26,509
For more financial information, click here
What is the mission statement of Montgomery Park United Methodist Housing Corporation?
Montgomery Park United Methodist Housing Corporation is dedicated to providing affordable housing solutions for low-income elderly and handicapped individuals. Through their operation of 25 apartment units, they are supported by federal funds and subsidies, allowing them to fulfill their mission. The corporation's mission is centered around offering affordable housing options, aiming to make a positive impact on this specific demographic. They strive to contribute to the well-being of these individuals, enhancing their living conditions and promoting a sense of community.
Who is the CEO of Montgomery Park United Methodist Housing Corporation?
Larry Dickenson is the President of Montgomery Park United Methodist Housing Corporation.
What is the revenue of Montgomery Park United Methodist Housing Corporation?
Montgomery Park United Methodist Housing Corporation's revenue in 2023 was $165,403.
Who are the executives of Montgomery Park United Methodist Housing Corporation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Montgomery Park United Methodist Housing Corporation?
Montgomery Park United Methodist Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Montgomery Park United Methodist Housing Corporation
Montgomery Park United Methodist Housing Corporation is dedicated to providing affordable housing solutions for low-income elderly and handicapped individuals. This nonprofit organization achieves its mission through the operation of 25 apartment units, which are supported by a HUD section 202 capital advance and rental subsidy. The corporation's primary goal is to cater to this specific demographic, offering them a housing option that suits their financial circumstances. By doing so, Montgomery Park United Methodist Housing Corporation plays a significant role in ensuring that these individuals have a place to call home, promoting their dignity and self-sufficiency.
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Impact
October, 2024
Montgomery Park United Methodist Housing Corporation plays a vital role in enhancing the quality of life for low-income elderly and handicapped individuals in Roanoke, VA. By offering 25 subsidized apartment units, it provides safe, affordable housing that meets the specific needs of a vulnerable demographic. The organization utilizes a HUD section 202 capital advance and a rental assistance program to ensure that residents can live with dignity and security.
The impact of Montgomery Park is significant; it addresses the critical shortage of affordable housing options for seniors, allowing them to maintain their independence and live in a supportive community. By creating an accessible environment tailored to the elderly and handicapped, it fosters social interaction, reduces isolation, and promotes overall well-being. In doing so, Montgomery Park empowers residents to thrive in their later years, contributing positively to the community of Roanoke.
This information is meant to be a general summary of Montgomery Park United Methodist 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: $71
- Program Service Revenue: $93,534
- Gross Receipts: $165,403
Assets and Liabilities:
- Total Assets: $1,944,237
- Total Liabilities: $2,848,343
- Net Assets: -$904,106
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$93,534
Organization Details
Founding Year
2003
Phone
(540) 354-8022Principal Officer
Larry Dickenson
Main Address
1706 GRANDIN ROAD SW, ROANOKE, VA, 24015
NTEE Category
Code: L22 - Housing
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