CULLMAN SENIOR HOUSING INC
1103 RICHARD ARRINGTON JR BLVD S, BIRMINGHAM, AL 35205 www.spm.net

Total Revenue
$492,564
Total Expenses
$499,509
Net Assets
$-620,140

Organizations Filed Purposes: PROVIDE LOW COST HOUSING TO THE ELDERLY AND/OR DISABLED.

CULLMAN SENIOR HOUSING D/B/A NESMITH PARK APARTMENTS (PROJECT) IS A 53-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN CULLMAN, ALABAMA. THE PROJECT WAS ORIGINALLY FINANCED AND CONSTRUCTED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AND WAS RESTRUCTURED UNDER THE 223(F) PROGRAM. THE PROJECT IS 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 SECTION 8 HOUSING ASSISTANCE PROGRAM (HAP) AGREEMENT WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. DURING THE YEAR ENDED SEPTEMBER 30, 2020, RENTAL REVENUE FROM HUD TOTALED $345,222. RENT SUBSIDY PAYMENTS ARE SUBJECT TO AVAILABILITY OF SUFFICIENT APPROPRIATIONS, AS DETERMINED BY HUD.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dan StevensBOARD MEMBER2$0
Barbara TrigoSECRETARY/TREASURER2$0
Shelia GentryVICE PRESIDENT2$0
Tayana MillwoodPRESIDENT2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100419349300800_public.xml