1. Directory
  2. North Carolina
  3. Smithfield
  4. Triangle Elderly Housing Corporation
EIN 27-2090858

Triangle Elderly Housing Corporation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Smithfield
State
North Carolina
Year formed
2011
Most recent tax filings
2022-12-01
NTEE code, primary
L21: Public Housing Facilities
Description
Triangle Elderly Housing Corporation merged Cary Central Elderly Housing, Smithfield Elderly Housing, Princeton Elderly Housing, and Kenly Central Elderly Housing in June 2011 with the goal of providing affordable housing for elderly citizens. Alongside the merger, the corporation underwent refinancing to further aid its mission. It is located in Smithfield, NC.
Total revenues
$622,913
2022
Total expenses
$604,014
2022
Total assets
$1,845,868
2022
Num. employees
5
2022

Program areas at Triangle Elderly Housing Corporation

In june of 2011, cary central Elderly Housing, smithfield Elderly Housing, princeton Elderly Housing and kenly central Elderly Housing were merged together to form Triangle Elderly Housing Corporation. Concurrent with this merger, each project refinanced their hud section 202 direct loan with one hud mortgage insured under section 223(f) of the national Housing act. The project consists of 74 hud-assisted Elderly Housing units in eastern north carolina. Occupancy is restricted by hud to very low-income households with at least one person 62 years of age or older. The project's mortgage is its major hud program. The project's section 8 rental assistance contract is its non-major program. For the year ended december 31, 2022, rental revenue from hud totaled 329,638, representing 56.6% of total revenue.

Personnel at Triangle Elderly Housing Corporation

NameTitleCompensation
Jimmy ParkerChair$0
Sandy GodwinPersonnel and Finance Manager
Steve StricklandVice Chair$0
Bill WenzelSecretary and Treasurer$0
Dwight MorrisChair

Financials for Triangle Elderly Housing Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$329,638
Program services$293,068
Investment income and dividends$207
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$622,913

Form 990s for Triangle Elderly Housing Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-14990View PDF
2020-122021-11-05990View PDF
2019-122021-03-01990View PDF
2018-122019-12-13990View PDF
...and 7 more Form 990s

Organizations like Triangle Elderly Housing Corporation

OrganizationLocationRevenue
Marian PlazaDenver, CO$1,615,502
CMRS WhitefieldManchester, NH$361,640
Ahepa 127 Ii ApartmentsMount Healthy, OH$468,884
Lurie TerraceAnn Arbor, MI$1,277,787
Ellicott Place ApartmentsBuffalo, NY$221,040
Ahepa 310-xiMobile, AL$362,437
Passumpsic ViewLyndonville, VT$246,540
Buckelew Community Housing Development OrganizationSan Rafael, CA$567,600
DBH Shelter IiiManchester, NH$812,853
Indiana Oic Senior Housing Ta Opportunities Park ApartmentsIndianapolis, IN$441,977
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
October 5, 2021
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
1363 W Market St
Smithfield, NC 27577
Metro area
Raleigh-Cary, NC
County
Johnston County, NC
Phone
(919) 934-6066
IRS details
EIN
27-2090858
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
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
Independent
Free account sign-up

Want updates when Triangle Elderly Housing Corporation has new information, or want to find more organizations like Triangle Elderly Housing Corporation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy