IRS 990 Nonprofit Profile

Kidron Korner

The not for profit corporation was organized to construct, own and operate a 30-unit apartment community in lexington, north carolina, known as kidron korner. it was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern the operation of the community, with the federal housing administration section of hud. a housing assistance payment contract (hap contract) provides rent assistance for low income families (or persons) as provided by section 8 program of the national housing act.

Filing year

2014

Total revenue

$247K

Total expenses

$247K

Program expenses

$197K

Administration

$50K

Fundraising

$0

Program share of expenses

80%

EIN

581896409

Location

Lexington, NC