Wake County Opportunities Housing Corp

Housing & shelter organization based in Raleigh, NC.0 Exempt under §501(c)(3).

MissionTHE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 40 UNIT APARTMENT COMMUNITY IN HOLLY SPRINGS, NC KNOWN AS HOLLY SPRINGS II APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA

EIN
56-2124379
State
NC
Sector
Housing & shelter
Budget band
$250K–$500K
Latest filing
TY 2023
Records
—

Financial snapshot · TY 2023

$289K
Total revenue
$369K
Total expenses
$1.9M
Net assets

Financial health · TY 2023

41
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-55.9 months of expenses
Program efficiency
52
70.9% spent on programs
Revenue diversity
100
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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Wake County Opportunities Housing Corp Executive Compensation | 990 Data | DoubleNine