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Orha Development Corporation

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

EIN: 820651125 ✦ Oak ridge, TN ✦ Designated as a 501(c)(3)

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Overview

What is Orha Development Corporation?

Orha Development Corporation is a nonprofit organization situated in Oak Ridge, Tennessee. Their primary mission is to foster community development and renovation by offering affordable housing options to local residents. By carrying out this mission, they aim to contribute positively to their community's overall well-being. The corporation operates with a commitment to providing housing opportunities, which is reflected in their activities and mission statement.

Is Orha Development Corporation legitimate?

Orha Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orha 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,656

For more financial information, click here

What is the mission statement of Orha Development Corporation?

Orha Development Corporation's mission is centered around fostering development and renovation within the community. They strive to achieve this by offering affordable housing opportunities to those residing in the area. By doing so, they aim to contribute to the betterment of their community and ensure that housing remains accessible to a wide range of individuals. The corporation's activities are primarily focused on providing affordable housing solutions, thereby promoting community growth and development.

Who is the CEO of Orha Development Corporation?

Maria Catron is the Chairperson of Orha Development Corporation.

What is the revenue of Orha Development Corporation?

Orha Development Corporation's revenue in 2022 was $198,895.

Who are the executives of Orha Development Corporation and what are their salaries?


Here are 5 key members and their salaries:


Tom Beehan (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Crane (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Dunthorn (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Lantrip (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Palmer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Orha Development Corporation?

Orha Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Orha Development Corporation

Orha Development Corporation is committed to promoting development and redevelopment within its community by offering affordable housing opportunities to its residents. This mission-driven organization aims to make a significant impact on the lives of its community members by providing them with housing options that are within their financial reach. By doing so, Orha Development Corporation contributes to the overall development and redevelopment of its community, enhancing the living standards of its residents.

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Impact




October, 2024

Orha Development Corporation plays a vital role in enhancing community welfare in Oak Ridge, TN, by focusing on affordable housing opportunities. Their efforts significantly promote development and redevelopment, addressing the critical need for accessible housing within the community. By offering affordable housing options, they empower individuals and families, fostering stability and growth. This initiative not only improves living conditions but also stimulates local economic development, creating a ripple effect that benefits the entire community. Orha Development Corporation's commitment to facilitating affordable housing is essential in ensuring that all community members have the opportunity to thrive.




This information is meant to be a general summary of Orha 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.

Revenue
$198,895 (2022)
Expenses
$34,874 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Gross Receipts: $198,895

Assets and Liabilities:

  • Total Assets: $981,362
  • Total Liabilities: $696,021
  • Net Assets: $285,341

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Organization Details

Founding Year

2017

Principal Officer

Maria Catron

Main Address

10 VAN HICKS RD, OAK RIDGE, TN, 37830

NTEE Category

Code: L20 - Housing

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