Overview

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Est.

1998

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ANOINTED ACRES HOUSING DEVELOPMENT is a nonprofit organization based in Greensboro, North Carolina, dedicated to providing affordable housing through its 59-unit apartment community known as NBA Anointed Acres. The organization operates under the guidelines of the Federal Housing Administration and offers rental assistance to low-income families via the Section 8 program. With an operating budget of $464.3K and total revenue of $353.3K for the 2024 filing year, ANOINTED ACRES is committed to its mission without relying on a single funder for more than 50% of its revenue.

Mission Statement

THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 59-UNIT APARTMENT COMMUNITY IN GREENSBORO, NORTH CAROLINA, KNOWN AS NBA ANOINTED ACRES, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
Revenues
$353.3K
Expenses
$464.3K
Net Income:
-$111K
Assets
$2.2M
Liabilities
$94.6K
Net Assets:
+$2.1M
Operating Budget
$464.3K
Operating Budget by Year

Due Diligence

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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
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C
Claretta Witherspoon
Board Member
A
Amy Yandell
Board Member
M
M Ruth McCoy
Board Member

Frequently Asked Questions

What is ANOINTED ACRES HOUSING DEVELOPMENT’s budget?
In 2024, ANOINTED ACRES HOUSING DEVELOPMENT reported an annual operating budget of around $464 thousand. More detailed financial information is available to registered users.
What causes does ANOINTED ACRES HOUSING DEVELOPMENT support?
ANOINTED ACRES HOUSING DEVELOPMENT supports work in Christianity.
Where does ANOINTED ACRES HOUSING DEVELOPMENT operate?
ANOINTED ACRES HOUSING DEVELOPMENT is headquartered in Greensboro, NC.
What is ANOINTED ACRES HOUSING DEVELOPMENT’s reliance on government grants?
ANOINTED ACRES HOUSING DEVELOPMENT relied on government grants for more than 25% of their total revenue in 2024.