Overview
What is Sands Horizon Ii Inc?
Sands Horizon II Inc, a nonprofit organization headquartered in Valdosta, Georgia, was established with a specific purpose: managing and maintaining a rental housing project. This project, consisting of 30 units, falls under Section 202 of the National Housing Act, aiming to provide affordable housing opportunities for low-income elderly individuals. The corporation's mission revolves around owning and operating this housing project, ensuring the well-being and comfort of its residents. With a small workforce of 5 employees, Sands Horizon II Inc plays a significant role in providing housing solutions for a vulnerable demographic in the community.
Is Sands Horizon Ii Inc legitimate?
Sands Horizon Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sands Horizon Ii Inc 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: $25,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,589
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What is the mission statement of Sands Horizon Ii Inc?
Sands Horizon II Inc was established with the primary objective of managing a rental housing project. This project falls under Section 202 of the National Housing Act, which is a U.S. legislation aimed at providing affordable housing options. The corporation's mission is to operate and maintain this project, consisting of 30 units, specifically catering to the needs of low-income elderly individuals. By doing so, Sands Horizon II Inc contributes to enhancing housing accessibility for a segment of society that often faces financial challenges. The project under Sands Horizon II Inc aims to provide a safe, comfortable, and affordable living space for this demographic.
Who is the CEO of Sands Horizon Ii Inc?
Henry E Wright Ii is the President of Sands Horizon Ii Inc.
What is the revenue of Sands Horizon Ii Inc?
Sands Horizon Ii Inc's revenue in 2023 was $223,449.
Who are the executives of Sands Horizon Ii Inc and what are their salaries?
The average compensation at Sands Horizon Ii Inc during 2023 was $7,787. There are 5 employees at Sands Horizon Ii Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $12,318
- Related: $13,028
- Other: $0
Where can I find the form 990 for Sands Horizon Ii Inc?
Sands Horizon Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sands Horizon Ii Inc
Sands Horizon II Inc, as a nonprofit organization, was established with the primary mission of owning and operating a rental housing project. This project falls under Section 202 of the National Housing Act, a program designed to provide affordable housing options for low-income elderly individuals. The corporation's mission is to ensure that these elderly individuals have access to secure and affordable living spaces, contributing to their overall well-being and quality of life. The operation and maintenance of the 30-unit rental housing project under Section 202 are key aspects of Sands Horizon II Inc's mission, providing a vital service to this vulnerable population.
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Impact
October, 2024
Sands Horizon II Inc significantly impacts the Valdosta, GA community by providing affordable housing specifically designed for low-income elderly residents. By operating a rental housing project consisting of 30 units under Section 202 of the National Housing Act, it addresses a critical need in the community for accessible and affordable living options for older adults.
This initiative not only promotes stability in housing for seniors but also enhances their quality of life by allowing them to live independently in a supportive environment. The focus on affordable housing contributes to reducing homelessness among elderly individuals and alleviates the financial burden many face, ensuring that they can prioritize their health and well-being. Overall, Sands Horizon II Inc plays a vital role in fostering a more inclusive and supportive community for senior citizens in Valdosta.
This information is meant to be a general summary of Sands Horizon Ii Inc. 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 2023.
- Investment Income: $128
- Program Service Revenue: $223,321
- Gross Receipts: $223,449
Assets and Liabilities:
- Total Assets: $1,822,667
- Total Liabilities: $77,357
- Net Assets: $1,745,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT CHARGES
Revenue
$116,162
RENTAL INCOME
Revenue
$106,041
LAUNDRY AND VENDING
Revenue
$1,118
Organization Details
Founding Year
2006
Phone
(229) 242-4025Principal Officer
Henry E Wright Ii
Main Address
1195 OLD STATENVILLE ROAD, VALDOSTA, GA, 31601
NTEE Category
Code: L22 - Housing
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