Overview
What is Coleman Housing Development Corporation?
The Coleman Housing Development Corporation, located in Coleman, Texas, is a nonprofit organization dedicated to providing housing for low-income individuals. Financed under the U.S. Department of Housing and Urban Development's Section 8 Housing Assistance Payments Program, the corporation manages 66 units of affordable housing through a new construction contract. This initiative aims to provide stable living spaces for those in need, contributing to their overall well-being in the community. With a team of seven dedicated employees, the corporation is committed to making a positive impact in the lives of its tenants.
Is Coleman Housing Development Corporation legitimate?
Coleman Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coleman Housing Development 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: $11,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,589
For more financial information, click here
What is the mission statement of Coleman Housing Development Corporation?
The Coleman Housing Development Corporation's mission is centered around providing housing for individuals with low income. This mission is facilitated through a contract with the U.S. Department of Housing and Urban Development (HUD) under the Section 8 New Construction Housing Assistance Payments program. The corporation operates 66 units of low-income housing, receiving financial support from this HUD program.
Who is the CEO of Coleman Housing Development Corporation?
Natosha Wiseman is the Chairman of Coleman Housing Development Corporation.
What is the revenue of Coleman Housing Development Corporation?
Coleman Housing Development Corporation's revenue in 2022 was $362,368.
Who are the executives of Coleman Housing Development Corporation and what are their salaries?
The average compensation at Coleman Housing Development Corporation during 2022 was $11,856. There are 7 employees at Coleman Housing Development Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Coleman Housing Development Corporation?
Coleman Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coleman Housing Development Corporation
Coleman Housing Development Corporation is dedicated to providing housing solutions for low-income individuals. Financed by the U.S. Department of Housing and Urban Development, the organization operates under Section 8 New Construction Housing Assistance Payments Contract. This contract allows Coleman Housing Development Corporation to offer affordable housing to its tenants. The corporation manages 66 units of low-income housing, all part of the HUD Section 8 Housing Assistance Payments Program. By doing so, Coleman Housing Development Corporation contributes to making housing more accessible and affordable for those who need it most.
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Impact
October, 2024
Coleman Housing Development Corporation plays a vital role in providing affordable housing for low-income tenants in Coleman, Texas. By operating 66 units financed under the U.S. Department of Housing and Urban Development (HUD) Section 8 Housing Assistance Payments program, it ensures that families have access to safe and stable living conditions. This initiative not only addresses the critical need for affordable housing in the community but also enhances the quality of life for its residents, enabling them to thrive in a supportive environment. The impact extends beyond just housing; it fosters a sense of community, contributes to economic stability, and empowers low-income families by alleviating the financial burden of housing costs.
This information is meant to be a general summary of Coleman Housing Development 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 2022.
- Investment Income: $2,370
- Program Service Revenue: $359,998
- Gross Receipts: $362,368
Assets and Liabilities:
- Total Assets: $2,095,330
- Total Liabilities: $59,838
- Net Assets: $2,035,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DWELLING RENTAL
Revenue
$156,085
DWELLING RENTAL - HAP
Revenue
$203,913
Organization Details
Phone
(325) 625-5018Principal Officer
Natosha Wiseman
Main Address
605 WEST 2ND ST, COLEMAN, TX, 76834
NTEE Category
Code: L21Z - Housing
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