Overview
What is Bay Pointe Apartments Inc?
Bay Pointe Apartments Inc, situated in Prestonsburg, Kentucky, is a dedicated senior housing facility. Its primary objective is to offer affordable living accommodations to elderly individuals with limited income. The organization's mission is centered around providing suitable housing, ensuring that senior citizens have a secure and comfortable residence within their means. Bay Pointe Apartments Inc plays an essential role in the community, catering to the housing needs of its elderly population.
Is Bay Pointe Apartments Inc legitimate?
Bay Pointe Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Pointe 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: $25,823
For more financial information, click here
What is the mission statement of Bay Pointe Apartments Inc?
Bay Pointe Apartments Inc is committed to offering affordable housing for the elderly with low income. Their mission is to provide a living space for senior citizens who may be financially constrained. This retirement home or senior housing program is dedicated to ensuring that elderly individuals have a secure and comfortable living environment. By offering low-income housing, Bay Pointe Apartments Inc is contributing to the well-being of its residents and providing them with a sense of independence and dignity in their later years.
Who is the CEO of Bay Pointe Apartments Inc?
Diane Thacker is the Vp of Bay Pointe Apartments Inc.
What is the revenue of Bay Pointe Apartments Inc?
Bay Pointe Apartments Inc's revenue in 2022 was $125,874.
Who are the executives of Bay Pointe Apartments Inc and what are their salaries?
The average compensation at Bay Pointe Apartments Inc during 2022 was $6,456. There are 4 employees at Bay Pointe Apartments Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bay Pointe Apartments Inc?
Bay Pointe Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bay Pointe Apartments Inc
Bay Pointe Apartments Inc, a nonprofit organization, is dedicated to providing housing opportunities for low-income elderly individuals. Their mission is crystal clear: to offer a living space for senior citizens who find themselves in financial constraints. By providing housing, Bay Pointe Apartments Inc aims to ensure that the elderly population has access to a safe and comfortable living environment, thereby enhancing their quality of life. This commitment to their mission demonstrates Bay Pointe Apartments Inc's dedication to supporting the elderly community and ensuring they can age with dignity and independence.
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Impact
October, 2024
Bay Pointe Apartments Inc significantly impacts the community by providing essential housing solutions for low-income elderly residents in Prestonsburg, KY. By focusing on affordable living, the organization ensures that senior citizens have access to safe and supportive environments where they can thrive during their retirement years. This initiative not only addresses the critical need for affordable housing but also promotes the well-being and dignity of older adults, allowing them to maintain independence while being part of a community. Through its efforts, Bay Pointe Apartments fosters social connections among residents and contributes to a more inclusive society for seniors.
This information is meant to be a general summary of Bay Pointe 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $189
- Program Service Revenue: $125,685
- Gross Receipts: $125,874
Assets and Liabilities:
- Total Assets: $1,490,775
- Total Liabilities: $9,658
- Net Assets: $1,481,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$125,685
Organization Details
Founding Year
2006
Principal Officer
Diane Thacker
Main Address
110 RESOURCE COURT, Prestonsburg, KY, 41653
NTEE Category
Code: L20 - Housing
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