Interesting data from their 2019 990 filing

The purpose of the non-profit is outlined in the filing as “The not for profit corporation was organized to own and operate a 32 unit apartment community in cary, north carolina known as highland manor apartments. it was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern 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).”.

When discussing its operations, they were defined as: “The not for profit corporation was organized to own and operate a 32 unit apartment community in cary, north carolina known as highland manor apartments. it was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which goveron 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).”.

• The state where the non-profit operates has been legally reported as NC.
• The filing indicates that the non-profit's address in 2019 is located at 113 S WILMINGTON STREET, RALEIGH, NC, 27601.
• The non-profit has reported 0 employees on their form as of 2019.
• 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 -$34,974.
• The organization has 5 independent voting members.
• The organization was formed in 2002.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.