Manly Retirement Apartments Inc

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

EIN: 237303564 ✦ Manly, IA ✦ Designated as a 501(c)(4)

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Overview

What is Manly Retirement Apartments Inc?

Manly Retirement Apartments Inc, situated in Manly, Iowa, is a dedicated nonprofit organization that offers affordable living accommodations for the elderly. Acting as a senior citizens' housing and retirement community, its primary mission is to provide low-cost apartments for the elderly population. The organization's activities are centered around providing a comfortable and supportive environment for senior citizens, fostering a sense of community and helping them enjoy their retirement years in a secure and economical manner.

Is Manly Retirement Apartments Inc legitimate?

Manly Retirement Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Manly Retirement 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: $600
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,230

For more financial information, click here

What is the mission statement of Manly Retirement Apartments Inc?

Manly Retirement Apartments Inc. is committed to providing affordable housing options for the elderly. Acting as a senior citizens' housing and retirement community, the organization offers low-cost apartments to cater to this specific demographic. Their mission is centered around providing a supportive living environment for the elderly, enabling them to live with dignity and independence. The focus is on ensuring that elderly individuals have access to affordable housing, thereby enhancing their quality of life.

Who is the CEO of Manly Retirement Apartments Inc?

Sandy Holden is the President of Manly Retirement Apartments Inc.

What is the revenue of Manly Retirement Apartments Inc?

Manly Retirement Apartments Inc's revenue in 2022 was $99,846.

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

The average compensation at Manly Retirement Apartments Inc during 2022 was $3,610. There are 3 employees at Manly Retirement Apartments Inc.


Here are 7 key members and their salaries:


Sherri Hutzel (Secretary/Treas)
  • Compensation: $600
  • Related: $0
  • Other: $0
Pastor Cory Allard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Linda Johnson Prestholt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Davies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Edgar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Holden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Manly Retirement Apartments Inc?

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

Mission Statement of Manly Retirement Apartments Inc

Manly Retirement Apartments Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly. Serving as a senior citizens' housing and retirement community, this establishment offers low-cost apartments, catering specifically to the elderly population. The mission of Manly Retirement Apartments Inc is to ensure that elderly individuals have access to suitable living arrangements, thereby enhancing their quality of life during their retirement years.

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Impact




October, 2024

Manly Retirement Apartments Inc significantly impacts the community by providing low-cost housing options specifically designed for the elderly. By offering affordable apartments, it addresses the critical need for safe and suitable living arrangements for seniors in Manly, IA. This initiative not only enhances the quality of life for elderly residents but also fosters a sense of community and belonging among them. Through its focus on senior citizens, Manly Retirement Apartments plays a vital role in supporting the well-being of the aging population, ensuring they have access to comfortable living spaces that meet their needs.




This information is meant to be a general summary of Manly Retirement 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
$99,846 (2022)
Expenses
$128,293 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $159
  • Program Service Revenue: $99,687
  • Gross Receipts: $99,846

Assets and Liabilities:

  • Total Assets: $395,798
  • Total Liabilities: $60,000
  • Net Assets: $335,798

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Programs

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

APARTMENT RENTAL INCOME

Revenue

$99,687

Organization Details

Founding Year

1966

Principal Officer

Sandy Holden

Main Address

PO BOX 413, MANLY, IA, 50456

NTEE Category

Code: L22 - Housing

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