Newport Millennium Housing Corporation III

Newport Millennium Housing Corporation III

Newport, KY 410720459
Tax ID31-1762432

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About this organization

Revenue

$3,529,482

Expenses

$385,491

Mission

Create low income housing through the acquisition of property for development and operation of multi-income housing projects in Newport, Kentucky.

About

Partnered with developers for the development of a senior high rise building and a separate twenty unit building using Hope VI funds.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Create low income housing through the acquisition of property for development and operation of multi-income housing projects.”.

When explaining its purpose, the activities were described as: “Create low income housing through the acquisition of property for development and operation of multi-income housing projects in newport, kentucky.”.

  • The non-profit is legally allowed to operate in the state of KY, as reported.
  • The filing provides the non-profit's address in 2020 as 30 E 8TH ST, NEWPORT, KY, 41071.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $3,143,991.
  • The organization has 5 independent voting members.
  • The organization was formed in 2001.
  • The organization pays $227,016 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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