DEMOGRAPHIC
ADDRESS
PO BOX 1218
37816
COUNTY
hamblen county, TN
IN CARE OF NAME
RAY MCELHANEY
ORGANIZATIONAL OVERVIEW & RANKINGS
PARAGON HOMES FOR ELDERLY INC is a based in MORRISTOWN, TN, focused on Housing, Shelter causes , specifically Senior Citizens' Housing/Retirement Communities. Established in February 1998, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $336,970.00, this ranks 341,967 among 2,656,690 nonprofits nationally (Top 13%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 5,497 out of 52,500 organizations in TN (Top 11%).
In hamblen county, TN, the organization ranks 83 out of 378 nonprofits by assets (Top 21%), while locally in morristown, it stands at 80 among 319 organizations (Top 21%).
The organization reported annual revenue of $68,756.00, ranking 453,076 nationally (Top 18%) and 8,466 in TN (Top 17%).
Within its specific NTEE classification (L22 - L: Housing, Shelter), which includes 3,135 similar organizations, PARAGON HOMES FOR ELDERLY INC ranks 1,875 in assets (Top 60%) and 1,894 in revenue (Top 60%).
The organization files a 990 (all other) or 990EZ return and operates on a February fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Low income housing
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
L22: Senior Citizens' Housing/Retirement Communities
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
03/2024
ACCOUNTING PERIOD
03
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$68,756.00
FORM 990 REVENUE AMOUNT
$68,756.00
RULING DATE
02/1998
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$336,970.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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