THE ORGANIZATION WAS FORMED AS A NON-PROFIT CORPORATION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE PROJECT CONSISTS OF 36 HUD-ASSISTED ELDERLY HOUSING UNITS AND 1 MARKET RATE UNIT CURRENTLY BEING USED AS AN ADMINISTRATIVE RENT-FREE UNIT IN CLAYTON, NORTH CAROLINA AND IS CURRENTLY OPERATING UNDER THE NAME OF VILLAGE GARDENS. OCCUPANCY WAS APPROVED BY HUD ON OCTOBER 21, 1996. 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 A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC). DURING THE YEAR ENDED DECEMBER 31, 2024, RENTAL REVENUE FROM HUD TOTALED 88,049, REPRESENTING 37.9% OF TOTAL REVENUE. FINANCING WAS PROVIDED BY HUD WITH A SECTION 202 CAPITAL ADVANCE. THE PROJECT'S CAPITAL ADVANCE TOGETHER WITH IT
Reported officers (all unpaid)
No paid executives reported in 2024. COA SENIOR HOUSING INC reported 3 unpaid officers and board members on its 990.
Revenue and expenses over time
COA SENIOR HOUSING INC reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn
COA SENIOR HOUSING 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).
See full Housing & Shelter compensation data →Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.