Eastwood Apartments Inc

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

EIN: 043757301 ✦ Superior, WI ✦ Designated as a 501(c)(3)

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Overview

What is Eastwood Apartments Inc?

Eastwood Apartments Inc is a nonprofit organization situated in Superior, Wisconsin, with an address at 1416 Cumming Ave. Their primary mission is to provide affordable housing for low-income individuals with developmental disabilities, eliminating the financial barrier they might face in seeking housing. This mission aligns with their commitment to Catholic Social teachings, as they aim to create a safe living environment for individuals with disabilities. The U.S. Department of Agriculture Rural Housing program subsidizes the rents for these 8 housing units, ensuring affordability.


Official website here: www.ccbsuperior.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating

Eastwood Apartments Inc has received a solid rating of 82%, indicating a commendable level of accountability and finance management. This rating is drawn solely from the organization's accountability and finance score, which reflects its commitment to transparency and responsible financial practices. The organization boasts a fully independent board, demonstrating strong governance, with all members independent and effectively managing the board size.

The nonprofit excels in several key areas, such as having no material diversion of assets, a publicly available website, and well-documented policies regarding conflicts of interest and whistleblower protections. Furthermore, their program expense ratio of 88.58% signifies that a significant portion of their expenditures directly supports their programs, indicating effective resource allocation.

While the score is impressive, it's important to recognize that the rating is limited to finance and accountability metrics. Additional information about programmatic impact and outcomes could provide a more comprehensive view of the organization's overall effectiveness and reach within the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Eastwood Apartments Inc legitimate?

Eastwood Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastwood Apartments Inc 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: $10,876

For more financial information, click here


Official website here: www.ccbsuperior.org

What is the mission statement of Eastwood Apartments Inc?

Eastwood Apartments Inc's mission is centered around providing subsidized housing for individuals with disabilities who have low income. This mission is rooted in the charitable works and traditions of the Roman Catholic Church, adhering to Catholic Social teachings. The organization strives to offer safe and affordable housing opportunities, thereby removing financial barriers for its residents. The U.S. Department of Agriculture's Rural Housing program supports this initiative by subsidizing the rents, enabling these individuals to secure housing.


Official website here: www.ccbsuperior.org

Who is the CEO of Eastwood Apartments Inc?

Alan Rock is the Principal Officer of Eastwood Apartments Inc.


Official website here: www.ccbsuperior.org

What is the revenue of Eastwood Apartments Inc?

Eastwood Apartments Inc's revenue in 2022 was $58,471.


Official website here: www.ccbsuperior.org

Who are the executives of Eastwood Apartments Inc and what are their salaries?

There 5 volunteers at Eastwood Apartments Inc.


Here are 5 key members and their salaries:


Dale Johnson (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Urbaniak (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Moran (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Welch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Rotondi (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccbsuperior.org

Where can I find the form 990 for Eastwood Apartments Inc?

Eastwood Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ccbsuperior.org

Learn more at the official website: www.ccbsuperior.org

Mission Statement of Eastwood Apartments Inc

Eastwood Apartments Inc, a nonprofit organization, is dedicated to creating safe and affordable housing opportunities for individuals with disabilities, aligning with the charitable works and teachings of the Roman Catholic Church. Their mission is to remove the financial barrier for these individuals, ensuring they can secure affordable housing. This is carried out in accordance with the Catholic Social teachings, demonstrating a commitment to supporting vulnerable populations. The organization provides 8 units of subsidized housing for low-income developmentally disabled individuals, with the rents for these units funded by the U.S. Department of Agriculture's Rural Housing program. This program plays a crucial role in enabling Eastwood Apartments Inc to provide housing opportunities that would otherwise be unattainable for these individuals.

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Impact




August, 2024

Eastwood Apartments Inc provides a critical service by offering subsidized housing for low-income developmentally disabled individuals. With 8 units of housing in SUPERIOR, WI, this organization plays a crucial role in removing the income barrier to attain affordable housing for this vulnerable population. By aligning their mission with the charitable works and traditions of the Roman Catholic Church, Eastwood Apartments Inc effectively creates homes and brings safe and affordable housing opportunities to persons with disabilities in accordance with Catholic Social teachings. Their impact extends beyond just providing housing; they are actively working to improve the quality of life for those they serve.




This information is meant to be a general summary of Eastwood Apartments Inc. 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
$58,471 (2022)
Expenses
$62,129 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Program Service Revenue: $25,916
  • Gross Receipts: $58,471

Assets and Liabilities:

  • Total Assets: $84,442
  • Total Liabilities: $227,155
  • Net Assets: -$142,713

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Programs

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

Tenant Fees

Revenue

$25,916

Organization Details

Founding Year

2003

Principal Officer

Alan Rock

Main Address

1416 Cumming Ave, Superior, WI, 54880

NTEE Category

Code: L20 - Housing

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