Corporate Overview
Unity Homes, Inc. is a nonprofit corporation, registered in the state of Mississippi on April 9, 2007, pursuant to the Mississippi Nonprofit Corporation Act.
Unity Homes, Inc. exists for the charitable purpose of promoting, manufacturing, and installing healthy, high-quality, energy-efficient and affordable modular homes, while stimulating local and regional economic growth through long-term job training and employment opportunities.
Nonprofit corporations are formed for the purpose of serving the public or for a purpose other than the pursuit or accumulation of profits. Any distribution of assets, income or profits must conform with the mission of the corporation.
However, because Unity Homes is not presently a 501(c)(3) tax-exempt organization, the organization will not be exempt from paying income tax on any business income. Also, as a non-profit, income may not be distributed to Unity Homes’ officers, trustees, or other private persons, except for specific services rendered.