Overview
What is Arc Apartments Inc?
Arc Apartments Inc is a not-for-profit corporation, located at 471 Albany Avenue, Kingston, New York 12401. Their primary mission, as stated under Section 202 of the Housing Act of 1959, is to provide housing for the elderly and disabled individuals. Specifically, they operate a supervised individual residential alternative living apartments program for mentally disabled adults, certified by the New York State Office for People With Developmental Disabilities (OPWDD). This program includes providing residential housing and shelter, along with 24-hour staffing to assist with daily appointments. With a small workforce of just two employees, Arc Apartments Inc aims to improve the living conditions and support system for individuals with disabilities.
Official website here: www.arcmh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Arc Apartments Inc has achieved an impressive score of 97%, indicating a strong commitment to accountability and finance. This rating highlights the organization’s full compliance in key areas, including having an independent board and no material diversion of assets. Such factors contribute significantly to the organization's credibility and financial health.
The nonprofit demonstrates excellent financial metrics, with a program expense ratio of 90.28%, meaning that a high percentage of its funding is directed towards its programs rather than administrative costs. Additionally, it showcases robust governance with policies for conflict of interest, whistleblower protection, and document retention all in place, further solidifying its operational integrity.
Although the data primarily reflects financial and governance performance, there is no current information regarding the impact of the organization’s programs on its beneficiaries or the broader community. Nonetheless, the strong rating suggests that Arc Apartments Inc is well-managed and financially sound, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Arc Apartments Inc legitimate?
Arc Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arc 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: $0
For more financial information, click here
Official website here: www.arcmh.org
What is the mission statement of Arc Apartments Inc?
Arc Apartments Inc, as a not-for-profit corporation, is primarily committed to providing housing for the elderly and individuals with disabilities, in accordance with Section 202 of the Housing Act of 1959. The organization's mission extends to developing and maintaining a supervised residential living program for mentally disabled adults. This program, certified by the New York State Office for People With Developmental Disabilities (OPWDD), offers residential housing along with 24-hour staffing to assist residents with their daily appointments. The goal is to provide a supportive living environment that caters to the unique needs of these individuals.
Official website here: www.arcmh.org
Who is the CEO of Arc Apartments Inc?
Sheree Cross is the President of Arc Apartments Inc. The CEO's salary of Arc Apartments Inc is $0 and their total compensation is $398,999.
Official website here: www.arcmh.org
What is the revenue of Arc Apartments Inc?
Arc Apartments Inc's revenue in 2022 was $86,532.
Official website here: www.arcmh.org
Who are the executives of Arc Apartments Inc and what are their salaries?
There are 2 employees and 6 volunteers at Arc Apartments Inc.
Here are 8 key members and their salaries (Arc Apartments Inc's CEO's salary is $0 and their total compensation is $398,999):
- Compensation: $0
- Related: $322,625
- Other: $76,374
- Compensation: $0
- Related: $171,712
- Other: $34,881
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.arcmh.org
Where can I find the form 990 for Arc Apartments Inc?
Arc Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arcmh.org
Learn more at the official website: www.arcmh.org
Mission Statement of Arc Apartments Inc
Arc Apartments Inc, as a not-for-profit corporation, is dedicated to serving a significant population. Its principal purpose, as outlined by the Housing Act of 1959, is to provide housing for the elderly and those with disabilities, falling under Section 202 of the act. Beyond this, Arc Apartments Inc has also established a supervised residential program for mentally disabled adults. This program, certified by the NYS OPWDD, offers residential housing and shelter, alongside 24-hour staffing. The staff's role is to assist these individuals with their daily appointments, ensuring they maintain a stable and supportive living environment.
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Impact
October, 2024
Arc Apartments Inc significantly impacts the community by providing safe and supportive housing for aged and handicapped individuals, particularly mentally disabled adults. By developing and maintaining a supervised residential program, the organization ensures that residents have access to essential services and support. With 24-hour staffing, residents receive assistance with daily appointments and personal needs, fostering a greater sense of independence and dignity.
Located in Kingston, NY, Arc Apartments Inc plays a vital role in promoting inclusive living environments that cater to the unique needs of vulnerable populations. Through its commitment to quality housing under the Housing Act of 1959, the organization not only addresses the immediate need for shelter but also enhances the overall well-being of its residents. This holistic approach helps individuals build a sense of community, improving their social connections and quality of life.
This information is meant to be a general summary of Arc 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: $28
- Program Service Revenue: $86,504
- Gross Receipts: $86,532
Assets and Liabilities:
- Total Assets: $359,684
- Total Liabilities: $6,879
- Net Assets: $352,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$86,504
Organization Details
Founding Year
1986
Phone
(845) 331-4300Principal Officer
Sheree Cross
Main Address
471 Albany Avenue, Kingston, NY, 12401
Website
www.arcmh.orgNTEE Category
Code: L22 - Housing
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