Macon Housing Development Corporation

Unknown organization based in Franklin, NC.0 Exempt under §501(c)(3).

MissionMACON HOUSING DEVELOPMENT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 32-UNIT APARTMENT COMMUNITY IN FRANKLIN, NORTH CAROLINA, KNOWN AS OAK FOREST APARTMENTS, PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE

Financial snapshot · TY 2024

$295K
Total revenue
$234K
Total expenses
$560K
Net assets

Financial health · TY 2024

37
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-23 months of expenses
Program efficiency
46
68.6% spent on programs
Revenue diversity
92
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Macon Housing Development Corporation Executive Compensation | 990 Data | DoubleNine