Organizations Filed Purposes:
THE ORGANIZATION WAS FORMED AS A NON-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF NORTH CAROLINA FOR THE PURPOSE OF CONSTRUCTING AND OPERATING TWO RENTAL HOUSING PROJECTS (DOLAN MANOR I A 30 UNIT APARTMENT COMMUNITY AND DOLAN MANOR II A 24 UNIT APARTMENT COMMUNITY) UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. OCCUPANCY IS RESTRICTED BY HUD TO VERY LOW-INCOME HOUSEHOLDS WITH AT LEAST ONE-PERSON 62 YEARS OF AGE OR OLDER. A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD UNDER ASSISTANCE PAYMENTS CONTRACTS. FINANCING HAS BEEN PROVIDED BY A HUD INSURED LOAN UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND A SECTION 202 CAPITAL ADVANCE.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
Name | Title | Hours Per Week | Total Salary |
Stefano Rosic | TREASURER | 0 | $0 |
Debora Ritzel | VICE CHAIR | 0 | $0 |
John Proia | DIRECTOR | 0 | $0 |
Gail Mcgrail | DIRECTOR | 0 | $0 |
Susan Lowe | DIRECTOR | 0 | $0 |
Andy Clark | SECRETARY | 0 | $0 |
Russ Bell | DIRECTOR | 0 | $0 |
Al Abram | CHAIRMAN | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202001939349300730_public.xml