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Orion Area Not-For-Profit Housing Corp

Orion Area Not-For-Profit Housing Corp

Farmingtn Hls, MI 483339184
Tax ID38-2477142

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About this organization

Revenue

$576,483

Expenses

$598,990

Mission

Provide low income housing for elderly and handicapped individuals

About

Orion Area Not-For-Profit Housing Corporation owns, operates and manages a 57-unit multi-family apartment complex (the 'project') for elderly and handicapped individuals located in Lake Orion, Michigan under Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development ('HUD') with respect to rental charges and operating methods. The project receives rent supplements from the federal government under the Section 8 program and is subject to a mortgage from HUD. The project's major programs are its Section 202 direct loan and the assistance received from the Section 8 program.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “Low income housing for elderly and handicapped individuals”.

When discussing its purpose, they were characterized as: “Provide low income housing for elderly and handicapped individuals”.

  • The state in which the non-profit is legally authorized to operate is MI, as reported.
  • The filing confirms that the non-profit's address in 2020 was 17410 COLLEGE PKWY SUITE 200, LIVONIA, MI, 48152.
  • The form of the non-profit reports 0 employees as of 2020.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$22,507.
  • The organization has 7 independent voting members.
  • The organization was formed in 1983.
  • The organization pays $188,334 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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