IRS 990 Nonprofit Profile

Mount Zion Sheltering Arms For The Elderly INC

The corporation is a nonprofit corporation organized under the laws of the state of texas, for the purpose of developing and operating an apartment complex of 40 units in san antonio, texas. the project is sponsored by mount zion first baptist church and provides subsidized housing to the elderly. the corporation will operate under the provisions of section 8 and 207/223(f) of the national affordable housing act and be regulated by the u.S. department of housing and urban development (hud) with respect to rental charges and operating methods. the regulatory agreement does not permit any distributions to the corporation since it is a non-profit entity. the project operates under the provisions of section 8, with mortgage insurance provided by the federal housing administration of the department of housing and urban development (hud).

Filing year
2024
Total revenue
$457K
Total expenses
$412K
Program expenses
$372K
Administration
$41K
Fundraising
$0
Program share of expenses
90%
EIN
742291678
Location
San Antonio, TX

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Financial data on this page is sourced from IRS Form 990 filings.