Marion Town House Apartments Inc

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

EIN: 237328630 ✦ Marion, SD ✦ Designated as a 501(c)(4)

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Overview

What is Marion Town House Apartments Inc?

Marion Town House Apartments Inc is a nonprofit organization dedicated to addressing the issue of affordable housing. Situated within their public facilities, they offer affordable living arrangements to low-income households, aiming to ease the challenges associated with finding such accommodations. Their primary mission revolves around providing accessible and comfortable housing options, thereby alleviating the distress faced by individuals in this regard.

Is Marion Town House Apartments Inc legitimate?

Marion Town House Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Marion Town House 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 Marion Town House Apartments Inc?

Marion Town House Apartments Inc, as a non-profit organization, is dedicated to providing affordable housing solutions for low-income households. Their mission is to make living arrangements more accessible and help alleviate the challenges associated with finding affordable housing options. By operating public housing facilities, they aim to contribute to a more equitable housing market and improve the living conditions of those who may otherwise struggle to secure affordable housing.

Who is the CEO of Marion Town House Apartments Inc?

Glen Rapp is the President of Marion Town House Apartments Inc.

What is the revenue of Marion Town House Apartments Inc?

Marion Town House Apartments Inc's revenue in 2022 was $81,707.

Who are the executives of Marion Town House Apartments Inc and what are their salaries?


Here are 6 key members and their salaries:


Glen Rapp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barclay Smith (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Luke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Waltner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Deckert (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Borgers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Marion Town House Apartments Inc?

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

Mission Statement of Marion Town House Apartments Inc

Marion Town House Apartments Inc, a nonprofit organization, is committed to providing affordable living solutions for low-income households. Their mission is to make accessible housing arrangements available, aiming to ease the challenges associated with finding affordable housing in the community. By operating public housing facilities, Marion Town House Apartments Inc strives to alleviate the burden of high housing costs and contribute to a more equitable living environment for those who need it most.

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Impact




October, 2024

Marion Town House Apartments Inc significantly impacts the community by providing affordable housing for low-income households. By offering accessible living arrangements, it alleviates the challenges many residents face in securing housing that fits their financial circumstances. This initiative not only improves individual living situations but also fosters greater stability within the community. The presence of such affordable housing options plays a crucial role in enhancing the overall quality of life in Marion, South Dakota, by ensuring that those in need have a safe and supportive place to call home.




This information is meant to be a general summary of Marion Town House 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
$81,707 (2022)
Expenses
$78,030 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $81,667
  • Gross Receipts: $81,707

Assets and Liabilities:

  • Total Assets: $78,044
  • Total Liabilities: $20,826
  • Net Assets: $57,218

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Organization Details

Principal Officer

Glen Rapp

Main Address

701 NORTH NEBRASKA AVENUE, MARION, SD, 57043

NTEE Category

Code: L80 - Housing

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