
Heritage Place Phase III Inc.
Heritage Place Phase III Inc.
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About this organization
Revenue
$133,416
Expenses
$198,879
Mission
To provide low income housing for the elderly. The project is a U.S. Department of Housing and Urban Development subsidized Section 202 program.
About
Heritage Place Phase III is an Idaho nonprofit corporation operating an elderly housing complex consisting of 25 units on a year round basis subsidized under Section 202. As such it is regulated by the U.S. Department of Housing and Urban Development as to rent charges and operating methods. The project depends on economic assistance from HUD in the form of rental supplements to assist in meeting operating expenses of the project. The project was almost 100% occupied during the year. This speaks of the great need for such projects in the area.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “To provide low income housing for the elderly. the project is a u.s. department of housing and urban development subsidized section 202 program.”.
When referring to its tasks, they were referred to as: “To provide low income housing for the elderly. the project is a u.s. department of housing and urban development subsidized section 202 program.”.
- The non-profit's state of operation has been legally reported as ID.
- According to the latest filing, the non-profit's address in 2020 is 702 W WALNUT, COEUR DALENE, ID, 83814.
- The total number of employees reported by the non-profit on their form for 2020 is 0.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$65,463.
- The CEO compensation policy within the organization is established through an impartial evaluation and approval.
- The organization has a written policy that delegates the management duties.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 12 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $43,339 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.