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Coosa Valley Seniors Housing Inc.

Coosa Valley Seniors Housing Inc.

Birmingham, AL 35205
Tax ID31-1665967

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About this organization

Revenue

$249,492

Expenses

$233,897

Website

spm.net

Mission

Provided low cost housing to the elderly and/or disabled

About

Coosa Valley Housing Main, Inc. d/b/a Main Avenue Apartments (Project) is a 24-unit apartment complex for the elderly located in Sylacauga, Alabama. The project is operated under Section 202 of the National Housing Act and regulated by the United States Department of Housing and Urban Development (HUD) with respect to rental charges and operating methods. The project is also subject to a Project Rental Assistance Contract (PRAC) agreement with HUD, and a significant portion of the project's rental income is received from HUD. During the year ended September 30, 2019, rental revenue from HUD totaled $159,648. Rent subsidy payments are subject to availability of sufficient appropriations, as determined by HUD.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “Provide low cost housing to the elderly and disabled”.

When outlining the tasks it performs, they were referred to as: “Provided low cost housing to the elderly and/or disabled”.

  • The non-profit's reported state of operation is AL as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is 1103 RICHARD ARRINGTON BLVD S, BIRMINGHAM, AL, 35205.
  • As of 2020, the non-profit has 0 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $15,595.
  • The organization has 8 independent voting members.
  • The organization was formed in 2001.
  • The organization pays $55,220 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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