Community Apartments Inc

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

EIN: 237147816 ✦ Algona, IA ✦ Designated as a 501(c)(4)

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Overview

What is Community Apartments Inc?

Community Apartments Inc is a nonprofit organization committed to providing affordable housing solutions for families in need, particularly those who are low income, disabled, and elderly. Their mission is centered around making homes accessible for everyone, ensuring that cost is not a barrier to secure a place to live. By prioritizing affordability, Community Apartments Inc aims to contribute positively to the community, ensuring that housing remains a basic necessity for all.

Is Community Apartments Inc legitimate?

Community Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Community Apartments Inc submitted a form 990EZ, 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.

What is the mission statement of Community Apartments Inc?

Community Apartments Inc, as an organization, is committed to providing affordable housing for low-income families, individuals with disabilities, and the elderly. They prioritize affordability as a key element in their mission, aiming to make homes accessible for all. Through their programs, they strive to make housing a reality for those who might otherwise struggle with high costs. This mission is a testament to their dedication to social equity and inclusivity, ensuring that everyone has a place to call home.

Who is the CEO of Community Apartments Inc?

Terry Struecker is the President of Community Apartments Inc.

What is the revenue of Community Apartments Inc?

Community Apartments Inc's revenue in 2022 was $45,291.

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


Here are 5 key members and their salaries:


Terry Struecker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethel Klepper (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Gralapp (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Banwart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Community Apartments Inc?

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

Mission Statement of Community Apartments Inc

Community Apartments Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for low-income families, individuals with disabilities, and the elderly. Their mission is centered around making homes accessible and affordable for everyone who falls under these categories. By prioritizing affordability, Community Apartments Inc strives to ensure that housing is within reach for those in need, thereby contributing to a more inclusive and equitable community.

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Impact




October, 2024

Community Apartments Inc significantly impacts the Algona community by providing affordable housing solutions for low-income, disabled, and elderly families. By prioritizing affordability, they ensure that safe and stable homes are accessible to those who might otherwise struggle to secure adequate housing. Their programs are designed not only to meet the immediate needs of these vulnerable populations but also to contribute to the overall well-being of the community by fostering an inclusive environment where everyone has the opportunity for a better quality of life. This commitment to affordable housing directly alleviates housing insecurity, allowing families to focus on other essential aspects of their lives, such as health, education, and employment.




This information is meant to be a general summary of Community 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
$45,291 (2022)
Expenses
$53,789 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $45,291
  • Gross Receipts: $45,291

Assets and Liabilities:

  • Total Assets: $161,044
  • Total Liabilities: $5,385
  • Net Assets: $155,659

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Organization Details

Principal Officer

Terry Struecker

Main Address

208 E State St, Algona, IA, 50511

NTEE Category

Code: L22 - Housing

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