AI Summary
WFEH Incorporated C/O DHIC is a nonprofit organization focused on senior assisted living and group homes, operating the Turnberry Apartments, a 41-unit community in Wake Forest, NC. Established under Section 202 of the National Housing Act, the organization provides rental assistance for low-income families through a Project Rental Assistance Contract with HUD. With an operating budget of $335.9K and total revenue of $308.4K for the filing year 2024, the organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO DEVELOP, OWN AND OPERATE A 41 UNIT APARTMENT COMMUNITY IN WAKE FOREST, NC KNOWN AS TURNBERRY APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT AGREEMENT (PRAC) WITH HUD PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).
Cause Areas
2
Senior assisted living
Group homes
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is WFEH INCORPORATED C/O DHIC’s budget?
In 2024, WFEH INCORPORATED C/O DHIC reported an annual operating budget of around $336 thousand. More detailed financial information is available to registered users.
What causes does WFEH INCORPORATED C/O DHIC support?
WFEH INCORPORATED C/O DHIC supports work in Senior assisted living and Group homes.
Where does WFEH INCORPORATED C/O DHIC operate?
WFEH INCORPORATED C/O DHIC is headquartered in RALEIGH, NC.
What is WFEH INCORPORATED C/O DHIC’s reliance on government grants?
WFEH INCORPORATED C/O DHIC relied on government grants for more than 45% of their total revenue in 2024.