Regal Oaks Apartments Inc.
Regal Oaks Apartments Inc.
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About this organization
Revenue
$163,548
Expenses
$257,867
Mission
To own and operate a 24 unit apartment complex, under Section 202 of the National Housing Act. The project is located in Hendersonville, North Carolina and is regulated by the U.S. Department of Housing and Urban Development as to rental rates and operating methods. Additionally, units in the project are covered under a project rental assistance contract with HUD and a significant portion of the project's rental income is received from HUD.
About
Own and operate a 24 unit apartment complex under Section 202 of the National Housing Act.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “Own and operate regal oaks apartments, a 24 unit apartment complex, under section 202 of the national housing act. the project is located in hendersonville, north carolina and is regulated by the u.s. department of housing and urban development as to rental rates and operating methods. additionally, units in the project are covered under a project rental assistance contract with hud and a significant portion of the project's rental income is received from hud.”.
When outlining the tasks it performs, they were referred to as: “To own and operate a 24 unit apartment complex, under section 202 of the national housing act. the project is located in hendersonville, north carolina and is regulated by the u.s. department of housing and urban development as to rental rates and operating methods. additionally, units in the project are covered under a project rental assistance contract with hud and a significant portion of the project's rental income is received from hud.”.
- The non-profit's reported state of operation is NC as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 602 KANUGA ROAD, HENDERSONVILLE, NC, 28739.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- 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 -$94,319.
- The organization has 20 independent voting members.
- The organization was formed in 2014.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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