Overview
What is Hendersonville Affordable Housing Inc?
Hendersonville Affordable Housing Inc, located at 203 N Justice St, Hendersonville, NC 28739, is a nonprofit organization dedicated to providing affordable housing solutions for low and very low-income individuals and families, in compliance with HUD's Multi-Family program. Since October 1st, 2020, the organization has managed 352 housing units, previously public housing, which have been converted under HUD's Rental Assistance Demonstration (RAD) program. The mission of Hendersonville Affordable Housing Inc remains focused on enhancing access to affordable housing in the local community of Hendersonville, NC.
Is Hendersonville Affordable Housing Inc legitimate?
Hendersonville Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hendersonville Affordable Housing 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:
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Other Salaries and Wages: $433,402
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What is the mission statement of Hendersonville Affordable Housing Inc?
Hendersonville Affordable Housing Inc, as an organization, is committed to providing affordable housing solutions for individuals and families falling under the low and very low income brackets. Effective October 1st, 2020, the entity expanded its housing offerings, converting 352 units that were previously Public Housing under the HUD's Rental Assistance Demonstration (RAD) program. The organization's primary goal is to make housing accessible for those who need it most, contributing to a more equitable housing landscape.
Who is the CEO of Hendersonville Affordable Housing Inc?
Diana Brow is the Chairman of Hendersonville Affordable Housing Inc.
What is the revenue of Hendersonville Affordable Housing Inc?
Hendersonville Affordable Housing Inc's revenue in 2022 was $3,371,317.
Who are the executives of Hendersonville Affordable Housing Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Hendersonville Affordable Housing Inc?
Hendersonville Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hendersonville Affordable Housing Inc
Hendersonville Affordable Housing Inc, as per its mission, is committed to providing affordable housing solutions for individuals and families falling under the low and very low income brackets. Effective from October 1st, 2020, this nonprofit organization has taken ownership of 352 housing units that were previously designated as Public Housing. The transition of these units to Hendersonville Affordable Housing Inc was facilitated under HUD's RAD program, signifying a significant step towards making housing more accessible and affordable for those in need. The organization's efforts are geared towards addressing the housing needs of this specific income group, thereby contributing to a more equitable society.
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Impact
October, 2024
Hendersonville Affordable Housing Inc plays a crucial role in addressing the housing needs of low and very low-income individuals and families in Hendersonville, NC. By owning and managing 352 units, formerly part of Public Housing and now under HUD's RAD program, the organization significantly increases access to affordable housing options in the community.
Through its initiatives, it provides stable living environments that promote the well-being of residents, fostering communities where individuals can thrive. This impact extends beyond just providing shelter; it supports the economic and social stability of families, enabling them to pursue opportunities for education and employment. By enhancing housing security, Hendersonville Affordable Housing Inc contributes to the overall health and vibrancy of the community, ensuring that vulnerable populations have a place to call home in a challenging housing market.
This information is meant to be a general summary of Hendersonville Affordable Housing 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 2022.
- Investment Income: $1,547
- Program Service Revenue: $1,962,526
- Gross Receipts: $3,371,317
Assets and Liabilities:
- Total Assets: $14,870,035
- Total Liabilities: $9,568,649
- Net Assets: $5,301,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental of low income
Revenue
$1,962,526
Organization Details
Founding Year
2019
Phone
(828) 595-9020Principal Officer
Diana Brow
Main Address
203 N Justice St, Hendersonville, NC, 28739
NTEE Category
Code: Z99 - Unknown
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