Overview
What is Eden Estates Inc?
Eden Estates Inc is a nonprofit organization situated in Memphis, Tennessee, with a single employee. Their primary mission is to provide affordable rental apartments for individuals with low to moderate income. Aligning with the church's purpose of serving the community's needs, Eden Estates Inc owns and operates these housing units to cater to this specific income bracket, thereby contributing to their exempt objective.
Is Eden Estates Inc legitimate?
Eden Estates Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Eden Estates 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: $39,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Eden Estates Inc?
Eden Estates Inc's mission is centered around owning and operating real estate properties to provide affordable housing for individuals with low to moderate incomes. This activity aligns with the exempt purpose of the associated church, aiming to fulfill the needs of the entire community. The primary objective of Eden Estates Inc is to offer rental apartments at affordable prices, thereby contributing to the well-being of its residents. The organization's mission is to make housing accessible for those who may not otherwise be able to afford it, thereby promoting social equality and community development.
Who is the CEO of Eden Estates Inc?
Ricky D Floyd is the President of Eden Estates Inc.
What is the revenue of Eden Estates Inc?
Eden Estates Inc's revenue in 2022 was $279,771.
Who are the executives of Eden Estates Inc and what are their salaries?
The average compensation at Eden Estates Inc during 2022 was $39,704. There is 1 employee and 3 volunteers at Eden Estates Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Eden Estates Inc?
Eden Estates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eden Estates Inc
Eden Estates Inc, a nonprofit organization, is committed to owning and operating low to moderate income housing. This mission aligns with the church's purpose of addressing the needs of the whole individual. The primary activity of Eden Estates Inc is to manage real estate properties, providing affordable rental apartments for individuals and families with limited financial resources. The goal of this endeavor is to further the exempt purpose of the church, thereby contributing to the well-being of the community as a whole. Eden Estates Inc's mission is to make a difference in the lives of its residents by offering them affordable housing options, thereby enhancing their quality of life.
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Impact
October, 2024
Eden Estates Inc significantly contributes to community improvement by providing affordable rental apartments specifically designed for low to moderate-income residents. Located in Memphis, TN, the organization addresses a critical need for accessible housing, ensuring that individuals and families can find safe and stable living environments.
By owning and operating these properties, Eden Estates Inc not only helps to combat housing insecurity but also promotes the overall well-being of the community. This initiative aligns with its mission to fill the holistic needs of residents, supporting their journey toward self-sufficiency and improved quality of life. With a focus on affordability, Eden Estates Inc plays a vital role in making homeownership attainable and nurturing a sense of community among its residents.
This information is meant to be a general summary of Eden Estates 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.
- Gross Receipts: $279,771
Assets and Liabilities:
- Total Assets: $975,076
- Total Liabilities: $143,760
- Net Assets: $831,316
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Organization Details
Principal Officer
Ricky D Floyd
Main Address
3759 N WATKINS, MEMPHIS, TN, 38127
NTEE Category
Code: S47 - Community improvement
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