THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN WINSTON SALEM, NC KNOWN AS ASSEMBLY TERRACE APARTMENTS. 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 PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).
Reported officers (all unpaid)
No paid executives reported in 2024. ASSEMBLY TERRACE INC reported 8 unpaid officers and board members on its 990.
Revenue and expenses over time
ASSEMBLY TERRACE INC reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn
ASSEMBLY TERRACE INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization nationwide earns a median of $58,635.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 2,122 organizations across 2,122 filings (2021 – 2023).
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