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

Total Revenue
$498,280
Total Expenses
$520,826
Net Assets
$-703,167

Organizations Filed Purposes: PROVIDE LOW COST HOUSING TO ELDERLY & DISABLED

SHELBY SENIOR HOUSING, INC. D/B/A SHELBY WOODS APARTMENTS (PROJECT) IS A 53-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN COLUMBIANA, 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 $338,688. 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
Marrene WilsonBOARD MEMBER0$0
Eric JeffriesSECRETARY/TREASURER0$0
Peg HillVICE PRESIDENT0$0
Ouida MayfieldPRESIDENT0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202120419349300512_public.xml