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Nelda Place Apartments Inc

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

EIN: 261544494 ✦ Bastrop, LA ✦ Designated as a 501(c)(3)

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Overview

What is Nelda Place Apartments Inc?

Nelda Place Apartments Inc is a nonprofit organization situated in Bastrop, Louisiana. Their primary mission is to provide affordable housing for individuals who fall under the category of very low-income elderly persons or individuals with disabilities. To accomplish this, the organization owns and operates a 15-unit apartment complex that has been assisted by the government. The apartment complex serves as a vital resource, providing a safe and affordable living space for those who might otherwise struggle to secure suitable housing. The organization's commitment to this cause contributes positively to the community by ensuring that vulnerable individuals have access to decent housing.

Is Nelda Place Apartments Inc legitimate?

Nelda Place Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nelda Place 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: $19,477

For more financial information, click here

What is the mission statement of Nelda Place Apartments Inc?

Nelda Place Apartments Inc is committed to providing affordable housing options for individuals who fall under the category of very low-income elderly persons or individuals with disabilities. This organization fulfills its mission by owning and operating a 15-unit apartment complex, which is government-assisted, specifically designed for this target group. The goal is to ensure that these individuals have access to affordable housing, thereby enhancing their quality of life.

Who is the CEO of Nelda Place Apartments Inc?

Deloris Hamlin is the President of Nelda Place Apartments Inc.

What is the revenue of Nelda Place Apartments Inc?

Nelda Place Apartments Inc's revenue in 2023 was $84,739.

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


Here are 8 key members and their salaries:


William Alexander (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deloris Hamlin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rd Defreese Jr (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Musgrove (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Della Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Rogers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivory Smith (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zenobia Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nelda Place Apartments Inc?

Nelda Place Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nelda Place Apartments Inc

Nelda Place Apartments Inc is dedicated to providing affordable housing solutions for individuals who fall into the category of very low-income elderly persons or individuals with disabilities. This mission is carried out through the ownership and operation of a 15-unit government-assisted apartment complex. The organization's primary goal is to offer a living space that is accessible and affordable for this specific demographic, thereby contributing to their well-being and overall quality of life. By providing affordable housing, Nelda Place Apartments Inc aims to create a supportive environment where these individuals can reside with dignity and independence. The organization's commitment to this mission reflects its dedication to social justice and equity, ensuring that vulnerable populations have access to essential resources such as housing.

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Impact




October, 2024

Nelda Place Apartments Inc significantly impacts the community by providing affordable housing specifically designed for very low-income elderly individuals and persons with disabilities. By owning and operating a 15-unit government-assisted apartment complex in Bastrop, Louisiana, it plays a crucial role in addressing the housing needs of some of the most vulnerable populations. This initiative not only helps alleviate the financial burden of housing costs for these individuals but also fosters a sense of community and stability, enabling residents to live with dignity and independence. The organization's commitment to affordable housing supports the overall well-being of its residents, offering them a safe and supportive environment where they can thrive.




This information is meant to be a general summary of Nelda Place 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
$84,739 (2023)
Expenses
$131,414 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $42
  • Program Service Revenue: $84,697
  • Gross Receipts: $84,739

Assets and Liabilities:

  • Total Assets: $849,998
  • Total Liabilities: $1,359,520
  • Net Assets: -$509,522

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Organization Details

Founding Year

2007

Principal Officer

Deloris Hamlin

Main Address

PO BOX 1471, BASTROP, LA, 71221

NTEE Category

Code: L21 - Housing

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