Overview
What is Five Talents Apartments Inc?
Five Talents Apartments Inc is a nonprofit organization located in Greenwood, Mississippi. Their primary mission is to offer affordable housing to U.S. citizens living below the poverty line. Specifically, they manage an apartment complex comprising 14 independent units, which are designed to accommodate individuals with disabilities. The organization upholds this mission by providing a safe and affordable living space for those in need.
Is Five Talents Apartments Inc legitimate?
Five Talents Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Talents 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: $23,305
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What is the mission statement of Five Talents Apartments Inc?
Five Talents Apartments Inc is committed to providing affordable housing for poverty-stricken U.S. citizens. This mission is carried out through the operation of an apartment complex, which comprises 14 independent units, specifically designed to accommodate low-income individuals with disabilities. The organization's primary goal is to make housing accessible to those who are economically disadvantaged. By doing so, Five Talents Apartments Inc aims to contribute to the well-being and stability of these individuals, thereby enhancing their quality of life. The organization's work is instrumental in providing a safe and comfortable living environment for those who might otherwise struggle to secure adequate housing.
What is the revenue of Five Talents Apartments Inc?
Five Talents Apartments Inc's revenue in 2023 was $150,274.
Who are the executives of Five Talents Apartments Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Five Talents Apartments Inc?
Five Talents Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Five Talents Apartments Inc
Five Talents Apartments Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for poverty-level U.S. citizens. This mission is reflected in the provision of 14 independent housing units, designed to accommodate low-income individuals with disabilities. The organization's primary focus is on making housing accessible and affordable for those who are economically disadvantaged, thereby contributing to their overall well-being and stability. The apartments offered by Five Talents Apartments Inc serve as a beacon of hope and support for individuals who may otherwise struggle to secure adequate housing, thereby empowering them to lead more fulfilling lives.
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Impact
October, 2024
Five Talents Apartments Inc significantly impacts the community by providing affordable housing to low-income individuals with disabilities. This apartment complex, featuring 14 independent units, offers a safe and supportive environment, enabling residents to maintain their independence while accessing the necessary resources to thrive.
Located in Greenwood, MS, the organization directly addresses the urgent need for affordable housing for poverty-level U.S. citizens, particularly those with disabilities who often face barriers in finding suitable living arrangements. By ensuring that these individuals have access to stable housing, Five Talents Apartments Inc fosters a sense of belonging and community while enhancing the quality of life for its residents. Through this initiative, they contribute to breaking the cycle of poverty and improve social equity in the region.
This information is meant to be a general summary of Five Talents 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 2023.
- Investment Income: $195
- Program Service Revenue: $150,079
- Gross Receipts: $150,274
Assets and Liabilities:
- Total Assets: $1,416,955
- Total Liabilities: $22,246
- Net Assets: $1,394,709
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$150,079
Organization Details
Founding Year
2009
Principal Officer
Jean Cadney
NTEE Category
Code: L21 - Housing
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