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New Smyrna Beach Housing Development Corporation

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

EIN: 822953378 ✦ New smyrna beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is New Smyrna Beach Housing Development Corporation?

New Smyrna Beach Housing Development Corporation, based in New Smyrna Beach, Florida, is a nonprofit organization devoted to supplying affordable housing options for low- and moderate-income individuals and families. Their mission entails developing, rehabilitating, constructing, and acquiring such housing opportunities, including mixed-income and mixed-use properties. Their primary focus is on New Smyrna Beach and its surrounding areas, and their initiatives are aimed at making housing more accessible for a wide range of income levels. The organization maintains 20 employees and is situated at 1101 South Dixie Freeway, New Smyrna Beach, FL 32168.


Official website here: www.newsmyrnahousing.com/

Is New Smyrna Beach Housing Development Corporation legitimate?

New Smyrna Beach Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Smyrna Beach 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newsmyrnahousing.com/

What is the mission statement of New Smyrna Beach Housing Development Corporation?

The New Smyrna Beach Housing Development Corporation's mission is centered around providing, developing, renovating, and acquiring affordable housing options for individuals and families with moderate to low income levels. This includes mixed income and mixed use properties, extending beyond their primary location in New Smyrna Beach, Florida. The organization's activities encompass the construction and development of ADA-accessible senior housing and affordable family dwellings. Their goal is to make housing opportunities more accessible, contributing to a more equitable living situation for a diverse group of people.


Official website here: www.newsmyrnahousing.com/

Who is the CEO of New Smyrna Beach Housing Development Corporation?

Teresa Pope is the Commissioner of New Smyrna Beach Housing Development Corporation.


Official website here: www.newsmyrnahousing.com/

What is the revenue of New Smyrna Beach Housing Development Corporation?

New Smyrna Beach Housing Development Corporation's revenue in 2022 was $427,108.


Official website here: www.newsmyrnahousing.com/

Who are the executives of New Smyrna Beach Housing Development Corporation and what are their salaries?

There are 20 employees at New Smyrna Beach Housing Development Corporation.


Here are 5 key members and their salaries:


Timothy Foldy (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grove Miller Jr (Resident Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Reiker (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regis Anne Sloan (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Walker (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newsmyrnahousing.com/

Where can I find the form 990 for New Smyrna Beach Housing Development Corporation?

New Smyrna Beach Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newsmyrnahousing.com/

Learn more at the official website: www.newsmyrnahousing.com/

Mission Statement of New Smyrna Beach Housing Development Corporation

New Smyrna Beach Housing Development Corporation, or NSBHDC, was established with a mission to offer affordable housing opportunities for low and moderate-income individuals and families. This nonprofit organization goes beyond providing just housing, as it also focuses on mixed income and mixed-use properties. Its main objective is to construct, rehabilitate, acquire, and develop such properties, primarily in New Smyrna Beach, Florida, and its surrounding areas. Additionally, NSBHDC is committed to the development of affordable ADA-accessible senior housing and family housing, ensuring that a wide range of individuals can find suitable and affordable living spaces.

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Impact




October, 2024

New Smyrna Beach Housing Development Corporation (NSBHDC) plays a vital role in addressing the housing needs of low and moderate-income individuals and families in New Smyrna Beach, Florida, and its surrounding areas. By focusing on the development, rehabilitation, construction, and acquisition of affordable housing, NSBHDC not only promotes accessibility but also enhances the quality of life for its residents.

The organization emphasizes the creation of mixed-income and mixed-use properties, which fosters community integration and economic diversity. Its efforts include the development of affordable, ADA-accessible senior housing and family-oriented living spaces, making it a critical resource for vulnerable populations. Through these initiatives, NSBHDC significantly contributes to alleviating housing shortages, promoting inclusivity, and ensuring that individuals and families have access to safe and affordable living options.




This information is meant to be a general summary of New Smyrna Beach 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.

Revenue
$427,108 (2022)
Expenses
$115,612 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $87,792
  • Gross Receipts: $427,108

Assets and Liabilities:

  • Total Assets: $1,919,350
  • Total Liabilities: $174,890
  • Net Assets: $1,744,460

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT REVENUE

Revenue

$87,792

Organization Details

Founding Year

2017

Principal Officer

Teresa Pope

Main Address

1101 South Dixie Freeway, New Smyrna Beach, FL, 32168

NTEE Category

Code: L20 - Housing

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