Overview
What is Lumber River Cog Housing Corporation?
Lumber River Cog Housing Corporation is a nonprofit organization located in North Carolina. Its primary mission is to enhance living conditions in the region by providing repairs to existing public housing units. Moreover, the organization aims to expand its reach by developing and constructing low-income, multi-family housing units within these communities. By utilizing funding resources effectively, Lumber River Cog Housing Corporation aims to contribute positively to the socio-economic well-being of the local population.
Is Lumber River Cog Housing Corporation legitimate?
Lumber River Cog Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumber River Cog Housing 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:
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What is the mission statement of Lumber River Cog Housing Corporation?
The Lumber River Cog Housing Corporation's mission is centered around improving living conditions for communities with limited income. They aim to achieve this by utilizing available funding resources to develop and construct multifamily housing units. The organization's primary focus is on repairing public housing, with a goal to extend these facilities to the communities in need. By doing so, they aim to provide decent and affordable living spaces, contributing to the overall well-being of the community.
What is the revenue of Lumber River Cog Housing Corporation?
Lumber River Cog Housing Corporation's revenue in 2024 was $186,423.
Who are the executives of Lumber River Cog Housing Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Lumber River Cog Housing Corporation?
Lumber River Cog Housing Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lumber River Cog Housing Corporation
Lumber River Cog Housing Corporation is committed to serving its mission of providing essential repairs to public housing in North Carolina. The organization utilizes available funding resources to further its goal of developing and constructing affordable, low-income multifamily housing within these communities. By undertaking these projects, Lumber River Cog Housing Corporation aims to improve the living conditions of those in need, contributing to the betterment of local communities.
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Impact
October, 2024
Lumber River Cog Housing Corporation plays a significant role in enhancing the quality of life for residents in North Carolina by providing essential repairs to public housing. Its efforts ensure that low-income families have access to safe and stable living conditions. By focusing on the development and construction of low-income multifamily housing, the organization addresses the critical need for affordable housing in underserved communities. This not only helps to revitalize neighborhoods but also fosters community stability and growth. Through its initiatives, Lumber River Cog Housing Corporation contributes to the overall well-being of residents and promotes equitable housing solutions in the region.
This information is meant to be a general summary of Lumber River Cog Housing 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 2024.
- Investment Income: $7,244
- Program Service Revenue: $166,240
- Gross Receipts: $186,423
Assets and Liabilities:
- Total Assets: $4,767,134
- Total Liabilities: $6,311
- Net Assets: $4,760,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$166,240
Organization Details
Founding Year
2017
Principal Officer
Walter David Richardson
NTEE Category
Code: L20 - Housing
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