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EIN 59-1403029

Mount Olive Gardens No 1

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Fort Lauderdale
State
Florida
Year formed
1969
Most recent tax filings
2024-08-01
NTEE code, primary
L21: Public Housing Facilities
Description
To promote and advance the welfare of the community. The organization was formed for the purpose of constructing, maintaining and operating a multifamily government assisted housing project of 60 units, under section 221(d)(3) of the national housing act, for elderly and low-to-moderate income residents.
Total revenues
$795,420
2024
Total expenses
$1,035,812
2024
Total assets
$973,595
2024
Num. employees
0
2024

Program areas at Mount Olive Gardens No 1

Mount Olive Gardens No. 1, Inc. (hud project No. 066-35032) has a section 8 housing assistance payment contract (the hap contract) for 59 units. The hap contract is for a ten-year period beginning june 1, 2017, and provides for funds based on availability of sufficient appropriations in the amount determined by hud to be sufficient for covering the project expenses. The major hud assisted program for mog is the below-market rate interest loan assistance under section 221. The section 221 program imposes rent restrictions and other requirements.

Financials for Mount Olive Gardens No 1

RevenuesFYE 08/2024
Total grants, contributions, etc.$0
Program services$766,436
Investment income and dividends$28,984
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$795,420

Organizations like Mount Olive Gardens No 1

OrganizationLocationRevenue
Housing VenturesColumbus, OH$1,344,101
Nu-DimensionsHickory, NC$3,262,773
Affordable Homes for AllMinneapolis, MN$944,222
Academy Arms Housing Development Fund CompanyOneonta, NY$264,676
Gideon Court Resident CouncilChicago, IL$2,431,367
Asi FlorenceSaint Paul, MN$261,917
Allesandro Housing 811-01Los Angeles, CA$217,705
Bluebonnet GardensCorpus Christi, TX$2,942,724
Battle Creek Housing CorporationGrand Rapids, MI$1,334,444
The Safe Alliance Affordable Housing CorporationAustin, TX$2,273,005
Data update history
March 27, 2025
Posted financials
Added Form 990 for fiscal year 2024
March 25, 2025
Updated personnel
Identified 5 new personnel
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Tax deductible donationsNo full-time employeesLegally formed as corporation
General information
Address
400 NW 9th Ave
Fort Lauderdale, FL 33311
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Broward County, FL
Phone
(954) 463-5126
IRS details
EIN
59-1403029
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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