Florence Housing Developmenet Authority is located in Florence, AL. The organization was established in 1993. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florence Housing Developmenet Authority is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Florence Housing Developmenet Authority generated $32.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $36.3k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME HOUSING SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.
DEVELOP DECENT, SAFE, AND SANITARY HOUSING FOR LOW INCOME FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shaler S Roberts III Executive Di | Trustee | $0 | |
William S Gullett Jr Secretary | Trustee | $0 | |
Bradford A Lynch Treasurer | Trustee | $0 | |
Dr Sandra M Sockwell Vice-Preside | Trustee | $0 | |
James Q Stanphill Jr President | Trustee | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $29,884 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,972 |
Total Revenue | $32,856 |
Statement of Expenses | |
---|---|
Total expenses | $36,281 |
Balance Sheet | |
---|---|
Total assets | $148,458 |
Total liabilities | $2,105 |
Net assets or fund balances | $146,353 |