Overview
What is Rest Easy Apartments Inc?
Rest Easy Apartments Inc, with the Doing Business As Name of REST EASY APARTMENTS, is a nonprofit organization based in Gallatin, Missouri. Their primary mission is to provide affordable housing for the elderly and low-income individuals, leveraging assistance programs from the USDA Rural Development Rural Housing Service and the Department of Housing and Urban Development (HUD). They manage a low-income and elderly complex, generating revenue from tenant rents and related sources. Their operations are centered around ensuring the comfort and well-being of their residents, with a total workforce of one dedicated individual.
Is Rest Easy Apartments Inc legitimate?
Rest Easy Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Rest Easy 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: $26,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rest Easy Apartments Inc?
Rest Easy Apartments Inc's mission is centered around providing affordable housing for the elderly and individuals with low income. Utilizing assistance programs from the USDA Rural Development Rural Housing Service and the Department of Housing and Urban Development (HUD), they aim to offer residential rental housing in rural communities. Their mission is to accommodate eligible individuals based on age and income requirements, and they receive rental assistance from these organizations to subsidize tenants' rents. This assistance helps ensure that the housing remains affordable, making it possible for those in need to secure a place to live.
Who is the CEO of Rest Easy Apartments Inc?
Candy Hughes is the Manager of Rest Easy Apartments Inc.
What is the revenue of Rest Easy Apartments Inc?
Rest Easy Apartments Inc's revenue in 2022 was $181,179.
Who are the executives of Rest Easy Apartments Inc and what are their salaries?
The average compensation at Rest Easy Apartments Inc during 2022 was $26,400. There is 1 employee at Rest Easy Apartments Inc.
Here are 9 key members and their salaries:
- Compensation: $26,400
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rest Easy Apartments Inc?
Rest Easy Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rest Easy Apartments Inc
Rest Easy Apartments Inc, a nonprofit organization, is dedicated to providing residential housing for the elderly and individuals with low income. Their mission is to fulfill this need under the guidance of the USDA Rural Development Rural Housing Service and the Department of Housing and Urban Development (HUD). The organization receives rental assistance from these entities to ensure that eligible individuals, based on age and income requirements, can afford housing. By leveraging USDA RD and HUD assistance programs, Rest Easy Apartments Inc is able to offer low-cost housing in rural communities, thereby addressing a critical need for affordable housing options for vulnerable populations.
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Impact
October, 2024
Rest Easy Apartments Inc plays a vital role in providing affordable residential rental housing for elderly and low-income individuals in Gallatin, Missouri. By utilizing assistance programs from USDA Rural Development and the Department of Housing and Urban Development (HUD), the organization ensures that eligible residents can access safe and stable living arrangements.
The impact is significant, as it not only addresses the pressing need for low-cost housing in the rural community but also fosters a supportive environment for those who may otherwise struggle to find suitable accommodations. Through the timely collection of tenant rents and efficient management of housing operations, Rest Easy Apartments Inc contributes to the overall well-being of its residents, promoting independence and enhancing their quality of life.
By focusing on age and income requirements, the organization effectively targets resources where they are needed most, helping to alleviate some of the financial burdens faced by vulnerable populations. In this way, Rest Easy Apartments Inc not only provides essential housing services but also strengthens the fabric of the community by ensuring that elderly and low-income individuals have a place they can call home.
This information is meant to be a general summary of Rest Easy 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: $11
- Program Service Revenue: $178,069
- Gross Receipts: $181,179
Assets and Liabilities:
- Total Assets: $280,121
- Total Liabilities: $98,449
- Net Assets: $181,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income- Tenants
Revenue
$141,017
Rental assistance
Revenue
$37,052
Organization Details
Founding Year
1975
Phone
(660) 663-2692Principal Officer
Candy Hughes
Main Address
604 E GRAND ST APT OFFICE APT 23, GALLATIN, MO, 64640
NTEE Category
Code: L22 - Housing
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