AI Summary
The Navigator Corporation, identified by EIN 57-0551240, is a nonprofit organization dedicated to housing development and retirement housing, specifically operating Christopher Towers, a 225-unit apartment community in Columbia, South Carolina. With an operating budget of $2.8 million and total revenue of $3 million for the 2024 filing year, the organization aims to provide safe and affordable housing for the elderly, functioning under the provisions of the National Housing Act of 1959 with mortgage insurance from the U.S. Department of Housing and Urban Development (HUD). The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE NAVIGATOR CORPORATION WAS ORGANIZED FOR THE PURPOSE OF DEVELOPING AND OPERATING CHRISTOPHER TOWERS, A 225 UNIT APARTMENT COMMUNITY IN COLUMBIA, SOUTH CAROLINA, IN ORDER TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR THE ELDERLY. THE CORPORATION OPERATES THE PROJECT UNDER THE PROVISIONS OF SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT OF 1959, WITH MORTGAGE INSURANCE PROVIDED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
Cause Areas
2
Retirement housing
Housing development
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Explore this org's ecosystem
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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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Funder
Total Funding
Funding Share
ANCHOR HOUSING CORPORATION
Matthews, NC, US
$100K
100%
Frequently Asked Questions
What is THE NAVIGATOR CORPORATION’s budget?
In 2024, THE NAVIGATOR CORPORATION reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does THE NAVIGATOR CORPORATION support?
THE NAVIGATOR CORPORATION supports work in Retirement housing and Housing development.
Where does THE NAVIGATOR CORPORATION operate?
THE NAVIGATOR CORPORATION is headquartered in MATTHEWS, NC.
Who funded THE NAVIGATOR CORPORATION recently?
In 2023, THE NAVIGATOR CORPORATION received grants from ANCHOR HOUSING CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE NAVIGATOR CORPORATION received in 2023?
The largest grant to THE NAVIGATOR CORPORATION in 2023 exceeds $100 thousand.
What is THE NAVIGATOR CORPORATION’s reliance on government grants?
THE NAVIGATOR CORPORATION relied on government grants for more than 60% of their total revenue in 2024.