Overview
What is Multi-Family Mission Ministries Louisiana Affordable Housing Inc?
Multi-Family Mission Ministries Louisiana Affordable Housing Inc, also known as Louisiana Affordable Housing, is a nonprofit organization headquartered at 21059 Blair Road, Conroe, Texas. Its primary mission is to support Multi-Family Mission Ministries and affiliated organizations that manage and operate qualified multifamily residential housing. They aim to provide affordable housing for low-income families in Louisiana, operating two apartment projects for this purpose. The organization employs a team of four individuals, dedicated to making a difference in the community by ensuring affordable housing options are available.
Is Multi-Family Mission Ministries Louisiana Affordable Housing Inc legitimate?
Multi-Family Mission Ministries Louisiana Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Multi-Family Mission Ministries Louisiana Affordable Housing 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,673
For more financial information, click here
What is the mission statement of Multi-Family Mission Ministries Louisiana Affordable Housing Inc?
Multi-Family Mission Ministries Louisiana Affordable Housing Inc is dedicated to supporting Multifamily Mission Ministries and providing financing to affiliated organizations that manage and operate qualified multi-family residential housing, primarily for low-income families. Their mission also involves operating two apartment projects that offer affordable housing options. The organization's primary goal is to support the provision of affordable housing, thereby contributing to the well-being of families in need.
Who is the CEO of Multi-Family Mission Ministries Louisiana Affordable Housing Inc?
Homer Allison is the President of Multi-Family Mission Ministries Louisiana Affordable Housing Inc.
What is the revenue of Multi-Family Mission Ministries Louisiana Affordable Housing Inc?
Multi-Family Mission Ministries Louisiana Affordable Housing Inc's revenue in 2022 was $1,468,841.
Who are the executives of Multi-Family Mission Ministries Louisiana Affordable Housing Inc and what are their salaries?
The average compensation at Multi-Family Mission Ministries Louisiana Affordable Housing Inc during 2022 was $22,418. There are 4 employees at Multi-Family Mission Ministries Louisiana Affordable Housing Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $87,200
- Other: $0
- Compensation: $0
- Related: $76,861
- Other: $0
Where can I find the form 990 for Multi-Family Mission Ministries Louisiana Affordable Housing Inc?
Multi-Family Mission Ministries Louisiana Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Multi-Family Mission Ministries Louisiana Affordable Housing Inc
Multi-Family Mission Ministries Louisiana Affordable Housing Inc is dedicated to providing support and financing to organizations that manage and operate qualified multifamily residential housing for low-income families. The primary goal of this nonprofit is to operate two apartment projects that offer affordable housing options. By supporting these affiliated organizations, Multi-Family Mission Ministries Louisiana Affordable Housing Inc aims to contribute to the well-being of families in need, ensuring they have access to safe and affordable housing. The nonprofit's expenses are primarily focused on supporting the work of Multi-Family Mission Ministries, thereby playing a crucial role in providing affordable housing solutions for low-income families.
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Impact
October, 2024
Multi-Family Mission Ministries Louisiana Affordable Housing Inc plays a significant role in enhancing the availability of affordable housing for low-income families in Louisiana. By providing financial support and resources to affiliated organizations, it ensures that multifamily residential housing is effectively owned, managed, and operated. This initiative not only addresses the immediate need for affordable housing but also fosters community stability and growth.
Through the operation of apartment projects dedicated to low-income families, the organization directly impacts the lives of those who struggle to find affordable living options. By creating viable housing solutions, it helps alleviate the burden of high housing costs, allowing families to focus on other essential needs such as education, healthcare, and employment.
The overall mission emphasizes the importance of accessible housing as a foundation for thriving communities, thereby contributing to the economic and social well-being of Louisiana's residents. This multifaceted approach helps create sustainable living environments, promoting a better quality of life for families while supporting the broader goal of community development.
This information is meant to be a general summary of Multi-Family Mission Ministries Louisiana Affordable Housing 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: $156,503
- Program Service Revenue: $1,148,307
- Gross Receipts: $3,031,829
Assets and Liabilities:
- Total Assets: $13,150,566
- Total Liabilities: $428,687
- Net Assets: $12,721,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT INCOME
Revenue
$605,094
RENTAL AND TENANT INCOME
Revenue
$543,213
Organization Details
Founding Year
1994
Phone
(281) 298-7999Principal Officer
Homer Allison
Main Address
21059 BLAIR ROAD, CONROE, TX, 77385
NTEE Category
Code: L80L - Housing
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