SHARON MANOR HOMES INC
EIN 56-1404398 · Senior Citizens Housing & Retirement Communities (L22)
What they do
SHARON MANOR HOMES, INC. (THE CORPORATION) WAS FORMED AS A NON-PROFIT CORPORATION UNDER THE LAWS of THE STATE of NORTH CAROLINA for THE PURPOSE of CONSTRUCTING and OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 202 of THE NATIONAL HOUSING ACT OPERATING AS SHARON MANOR HOMES (THE PROJECT). IN JANUARY of 2007, THE PROJECT REFINANCED ITS HUD SECTION 202 LOAN WITH ONE COVERED BY HUD MORTGAGE INSURANCE UNDER SECTION 223(F) of THE NATIONAL HOUSING ACT. IN FEBRUARY 2021, THE PROJECTS MORTGAGE WAS REFINANCED AGAIN and is INSURED BY HUD UNDER SECTION 207/223(F) PURSUANT to SECTION 223(A) (7) of THE NATIONAL HOUSING ACT, AS AMENDED and THE REGULATIONS PUBLISHED THEREUNDER IN EFFECT ON DECEMBER 30, 2020. THE PROJECT CONSISTS of 39 HUD-ASSISTED ELDERLY HOUSING UNITS IN CHARLOTTE, NORTH CAROLINA and is CURRENTLY OPERATING UNDER THE NAME of SHARON MANOR HOMES. SUCH PROJECTS ARE REGULATED BY HUD AS to RENT CHARGES and OPERATING METHODS. OCCUPANCY is RESTRICTED BY HUD to VERY LOW-INCOME HOUSEHOLDS
Should I give to this charity?
Of every $100 spent, about $86.70 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2024The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders5 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
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Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
Where each $100 of expenses went
The first percentage is the spending mix. The second compares that amount with the charity’s revenue.
Has the pattern changed?
Each bar shows the share of annual spending reported for mission work, management, and fundraising.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
See everyone listed on the board or leadership roster (5)
DR JAMES THOMASCHAIR
GRACE SOLOMONASSISTANT SE
OLONDA CARRDIRECTOR
WALTER R NELSONDIRECTOR
WARREN LASANEDIRECTOR
About this charity
- Recognized since
- January 1984
- Location
- C/O BMC 408 BATTLEGROUND AVE, GREENSBORO, NC 27401
- County
- Guilford
- In care of
- DR JAMES THOMAS
- Primary officer
- DR JAMES THOMAS, CHAIR
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- O DOUGLAS COVINGTON
- NTEE classification
- Senior Citizens Housing & Retirement Communities (L22)
- IRS tax category
- Senior Citizens Housing & Retirement Communities