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Innovative Housing Solutions Foundation

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

EIN: 832200729 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Innovative Housing Solutions Foundation?

The Innovative Housing Solutions Foundation is a nonprofit organization dedicated to promoting and sustaining affordable and workforce housing across the United States. They achieve this goal by acquiring and financing land and properties, aiming to develop or provide housing that caters to various income levels. The foundation's mission is multifaceted, encompassing both the construction and successful operation of such housing units. Organized under the umbrella of educational, literary, charitable, or scientific purposes, the Innovative Housing Solutions Foundation strives to make a significant impact on housing accessibility and affordability.

Is Innovative Housing Solutions Foundation legitimate?

Innovative Housing Solutions Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovative Housing Solutions Foundation submitted a form 990EZ, 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.

What is the mission statement of Innovative Housing Solutions Foundation?

The Innovative Housing Solutions Foundation is committed to promoting the creation and successful operation of affordable and workforce housing across the United States. They accomplish this by investing in land and properties with the intention of developing or providing affordable housing. The organization operates with a charitable purpose, aiming to provide housing that includes a significant number of units. Its mission is to contribute to the betterment of communities by providing affordable housing options for a diverse population.

Who is the CEO of Innovative Housing Solutions Foundation?

Kemena Brooks is the President of Innovative Housing Solutions Foundation.

What is the revenue of Innovative Housing Solutions Foundation?

Innovative Housing Solutions Foundation's revenue in 2022 was $25,000.

Who are the executives of Innovative Housing Solutions Foundation and what are their salaries?


Here are 4 key members and their salaries:


Mark Etheridgde (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kemena Brooks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Cochran (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Hemminger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Innovative Housing Solutions Foundation?

Innovative Housing Solutions Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Innovative Housing Solutions Foundation

The Innovative Housing Solutions Foundation is dedicated to promoting and facilitating the construction and effective operation of affordable and workforce housing across the United States. With a focus on educational, literary, charitable, or scientific purposes, the organization seeks to develop or aid in providing housing that includes a significant number of units. Their ultimate goal is to make such housing accessible, catering to the needs of various income groups. The foundation operates with the aim of contributing to the housing sector, ensuring that affordable and workforce housing options are available, thereby contributing to a more inclusive and equitable living environment.

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Impact




August, 2024

The impact of Innovative Housing Solutions Foundation is significant in the realm of affordable and workforce housing. By owning and financing land and properties throughout the United States, the foundation is actively supporting the production and successful operation of housing units that cater to low-income individuals and families. Their mission to develop and provide affordable housing plays a crucial role in addressing the housing crisis and ensuring that individuals have access to safe and sustainable living spaces. Through their efforts, they contribute to building stronger communities and improving the quality of life for those in need.




This information is meant to be a general summary of Innovative Housing Solutions Foundation. 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
$25,000 (2022)
Expenses
$20,651 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $25,000

Assets and Liabilities:

  • Total Assets: $140,208
  • Total Liabilities: $189
  • Net Assets: $140,019

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Organization Details

Principal Officer

Kemena Brooks

Main Address

2132 THRIFT ROAD SUITE A, CHARLOTTE, NC, 28208

NTEE Category

Code: L20 - Housing

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