Overview
What is Workforce Housing Development Corporation?
The Workforce Housing Development Corporation is a nonprofit organization, situated in Matthews, North Carolina. Their primary mission is to aid in the construction, operation, and preservation of workforce housing. This type of housing is primarily intended for low and moderate-income families, whose earnings fall within the range of 30% to 80% of the area median income. The corporation's activities contribute to the betterment of these households by providing them with affordable housing options.
Is Workforce Housing Development Corporation legitimate?
Workforce Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce 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.
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What is the mission statement of Workforce Housing Development Corporation?
The Workforce Housing Development Corporation's mission is centered around assisting in the construction, operation, and preservation of housing. This housing is primarily designed to cater to low and moderate-income families, falling within the income bracket of 30% to 80% of the area median income. The corporation's objective is to provide affordable housing solutions for this demographic, thereby contributing to a more inclusive and equitable housing market. Their activities may also involve the operation and preservation of these housing units to ensure they continue to serve their intended purpose effectively.
Who is the CEO of Workforce Housing Development Corporation?
Douglas Koch is the Secretary of Workforce Housing Development Corporation.
What is the revenue of Workforce Housing Development Corporation?
Workforce Housing Development Corporation's revenue in 2022 was $20,079.
Who are the executives of Workforce Housing Development Corporation and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Workforce Housing Development Corporation?
Workforce Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Workforce Housing Development Corporation
The Workforce Housing Development Corporation is committed to aiding in the construction, operation, and preservation of housing primarily intended for low and moderate-income families. This organization aims to serve households whose income falls between 30% and 80% of the area median income. In simpler terms, the Workforce Housing Development Corporation works tirelessly to provide affordable housing solutions for a significant portion of the community, ensuring that everyone has a decent place to call home.
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Impact
August, 2024
Workforce Housing Development Corporation positively impacts the community by actively assisting in the construction, operation, and preservation of workforce housing designed to serve low and moderate-income households earning between 30% and 80% of the area median income. Their efforts contribute to addressing the housing needs of individuals and families in the community who may not have access to affordable housing options. Through their mission-driven work, they play a crucial role in promoting economic stability and ensuring that a diverse range of individuals have access to safe and sustainable housing options.
This information is meant to be a general summary of Workforce 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $20,079
Assets and Liabilities:
- Total Assets: $1,671,859
- Total Liabilities: $1,286,000
- Net Assets: $385,859
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Organization Details
Principal Officer
Douglas Koch
Main Address
4301 HORSESHOE BEND, MATTHEWS, NC, 28104
NTEE Category
Code: L22 - Housing
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