Overview
What is John Sparks Manor Inc?
John Sparks Manor Inc is a nonprofit organization located in Union City, Georgia, specializing in operating an 84-unit retirement apartment complex catering to elderly and qualified low-income residents. In 2019, the organization's board of trustees made a significant decision to sell four of their properties, including John Sparks Manor, to an unrelated party for $19 million. The sale of John Sparks Manor was finalized in October 2021 for $7.14 million. The nonprofit maintains a small staff of four individuals dedicated to managing and maintaining the retirement community, providing a comfortable and supportive living environment for its elderly residents.
Official website here: www.christiancity.org
Is John Sparks Manor Inc legitimate?
John Sparks Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Sparks Manor 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: $27,229
For more financial information, click here
Official website here: www.christiancity.org
What is the mission statement of John Sparks Manor Inc?
John Sparks Manor Inc's mission is centered around operating an 84-unit retirement apartment complex, catering to elderly individuals and qualified low-income residents. The organization's primary goal is to provide a living space for this specific demographic, ensuring they have a comfortable and suitable environment for their retirement years. In 2019, the board of trustees made a significant decision to sell four of their properties, including John Sparks Manor, to an external party for $19 million. The sale of John Sparks Manor was finalized in October 2021, fetching $7.14 million. Despite the sale, John Sparks Manor Inc's core mission remains unchanged, focusing on providing a safe and affordable living option for the elderly and low-income residents.
Official website here: www.christiancity.org
Who is the CEO of John Sparks Manor Inc?
Keith Horton is the Ceo/President of John Sparks Manor Inc. The CEO's salary of John Sparks Manor Inc is $0 and their total compensation is $180,801.
Official website here: www.christiancity.org
What is the revenue of John Sparks Manor Inc?
John Sparks Manor Inc's revenue in 2022 was $5,675,234.
Official website here: www.christiancity.org
Who are the executives of John Sparks Manor Inc and what are their salaries?
The average compensation at John Sparks Manor Inc during 2022 was $6,807. There are 4 employees and 20 volunteers at John Sparks Manor Inc.
Here are 20 key members and their salaries (John Sparks Manor Inc's CEO's salary is $0 and their total compensation is $180,801):
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Official website here: www.christiancity.org
Where can I find the form 990 for John Sparks Manor Inc?
John Sparks Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.christiancity.org
Learn more at the official website: www.christiancity.org
Mission Statement of John Sparks Manor Inc
John Sparks Manor Inc is dedicated to operating an 84-unit retirement apartment complex catering to the elderly and qualified low-income residents. This nonprofit organization's mission is to provide a living space that is both comfortable and affordable for the elderly, ensuring they can enjoy their retirement years with dignity and security. During 2019, the board of trustees made a significant decision to sell four HUD properties, including John Sparks Manor, to an unrelated party for $19 million. The sale of John Sparks Manor Inc was finalized on October 29, 2021, for $7,137,850. Despite the sale, the mission of John Sparks Manor Inc remains unchanged, focusing on providing a suitable living environment for its elderly residents.
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Impact
October, 2024
John Sparks Manor Inc significantly contributes to the community by operating an 84-unit retirement apartment complex designed to serve the elderly and low-income residents. This facility provides essential housing solutions, ensuring that vulnerable populations have access to affordable living arrangements in a supportive environment.
By catering specifically to low-income residents, John Sparks Manor Inc plays a crucial role in enhancing the quality of life for its residents, offering them stability and security. The complex not only addresses housing needs but also fosters a sense of community among its inhabitants, which can be vital for social engagement and mental well-being in seniors.
The recent sale of the property, finalized in October 2021 for over $7 million, reflects the ongoing importance of maintaining and operating such facilities in the face of economic challenges. This transaction also signifies a commitment to sustaining the operations and possibly improving the living conditions for current and future residents. Overall, John Sparks Manor Inc's impact extends beyond mere housing; it supports the dignity, independence, and welfare of elderly individuals in Union City, GA.
This information is meant to be a general summary of John Sparks Manor 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,363,289
- Program Service Revenue: $281,881
- Gross Receipts: $7,450,023
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTS RENTAL REVENUE
Revenue
$281,881
Organization Details
Founding Year
2005
Phone
(770) 964-3301Principal Officer
Keith Horton
Main Address
7350 LESTER ROAD, UNION CITY, GA, 302912338
Website
www.christiancity.orgNTEE Category
Code: L21 - Housing
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