SACRED HEART MANOR, INC. (THE PROJECT), A NOT-FOR-PROFIT ENTITY, OWNS AND OPERATES A 40-UNIT APARTMENT PROJECT LOCATED IN AKRON, OHIO. THE PROJECT COMMENCED OPERATIONS IN OCTOBER 2005. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 202 CAPITAL ADVANCE WHICH PROVIDED THE MAJORITY OF THE FUNDING TO DEVELOP THE PRPOJECT. THE PROJECT ALONE IS SUBJECT TO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) WITH HUD, AND A PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.
Reported officers (all unpaid)
No paid executives reported in 2023. SACRED HEART MANOR reported 5 unpaid officers and board members on its 990.
Revenue and expenses over time
SACRED HEART MANOR reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn in Ohio
SACRED HEART MANOR reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Ohio earns a median of $44,493.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 75 organizations across 75 filings (2022 – 2023).
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