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Broadway Apartment Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020741058 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Broadway Apartment Corp?

Broadway Apartment Corp is a nonprofit organization situated in Atlanta, Georgia, with a postal address. Their primary mission is to manage an apartment complex, catering to the needs of low-income elderly individuals. This is in accordance with the guidelines set by the Department of Housing and Urban Development. The organization's activities revolve around owning and operating a rental housing property for this specific demographic, under Section 202 of the National Housing Act. This initiative aims to provide suitable living accommodations for the elderly population who may have limited financial resources.

Is Broadway Apartment Corp legitimate?

Broadway Apartment Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadway Apartment Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,867

For more financial information, click here

What is the mission statement of Broadway Apartment Corp?

Broadway Apartment Corp's mission is centered around owning and managing a rental housing property, specifically catering to low-income elderly individuals. This is in accordance with Section 202 of the National Housing Act. Their operations and maintenance of the apartment complex adhere to the guidelines set by the Department of Housing and Urban Development, ensuring a suitable living environment for their tenants.

Who is the CEO of Broadway Apartment Corp?

Gerald E Eickhoff is the President of Broadway Apartment Corp.

What is the revenue of Broadway Apartment Corp?

Broadway Apartment Corp's revenue in 2022 was $416,796.

Who are the executives of Broadway Apartment Corp and what are their salaries?


Here are 7 key members and their salaries:


Gerald Eickhoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph F Glenn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Reynolds Delisle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth C Glenn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Gay Reagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Delacey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Reinhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Broadway Apartment Corp?

Broadway Apartment Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Broadway Apartment Corp

Broadway Apartment Corp, as a nonprofit organization, is dedicated to owning and managing a rental housing property specifically catering to low-income elderly individuals. This endeavor is in alignment with Section 202 of the National Housing Act. The corporation's mission is to provide a living space that meets the needs of this specific demographic, ensuring their comfort and security within the confines of the apartment complex. The operation and maintenance of this complex are carried out in accordance with the guidelines set by the Department of Housing and Urban Development, ensuring adherence to necessary standards and regulations.

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Impact




October, 2024

Broadway Apartment Corp plays a crucial role in addressing the housing needs of low-income elderly individuals in Atlanta, Georgia. By owning and operating a rental housing property specifically designed under Section 202 of the National Housing Act, the organization ensures that this vulnerable demographic has access to safe, affordable, and supportive living environments. The operation and maintenance of the apartment complex align with the standards set by the Department of Housing and Urban Development, fostering a high quality of life for residents.

Through its mission, Broadway Apartment Corp not only provides essential housing but also contributes to the overall well-being of low-income elderly persons, promoting their independence and dignity within their community. The focus on affordable housing helps reduce homelessness and housing insecurity among seniors, encouraging stability and enhancing the social fabric of the area.




This information is meant to be a general summary of Broadway Apartment Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$416,796 (2022)
Expenses
$502,329 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26
  • Program Service Revenue: $416,579
  • Gross Receipts: $416,796

Assets and Liabilities:

  • Total Assets: $3,013,262
  • Total Liabilities: $4,094,702
  • Net Assets: -$1,081,440

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL AND OTHER INCOM

Revenue

$416,579

Organization Details

Founding Year

2005

Principal Officer

Gerald E Eickhoff

Main Address

PO BOX 450049, ATLANTA, GA, 31145

NTEE Category

Code: L20 - Housing

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