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Culver Garden Court Inc

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

EIN: 273217476 ✦ South bend, IN ✦ Designated as a 501(c)(3)

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Overview

What is Culver Garden Court Inc?

Culver Garden Court Inc, an Indiana-based nonprofit corporation, was established with the objective of constructing, owning, and managing a 13-unit apartment community in Culver, Indiana, named Culver Garden Court. This was carried out in accordance with Section 202 of the National Housing Act. The organization has a regulatory agreement with the Federal Housing Administration (FHA) section of the HUD, governing the operation of the community. Additionally, Culver Garden Court Inc has entered into a Project Rental Assistance Contract (PRAC Contract) with HUD, which offers rent assistance to low-income families or individuals, as part of the Section 8 program of the National Housing Act. The nonprofit's primary mission is to provide housing opportunities and assistance for those in need.

Is Culver Garden Court Inc legitimate?

Culver Garden Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Culver Garden Court 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: $0

For more financial information, click here

What is the mission statement of Culver Garden Court Inc?

Culver Garden Court Inc, a not-for-profit corporation, was established with the purpose of constructing, owning, and operating a 13-unit apartment community. This community, named Culver Garden Court, is situated in Culver, Indiana, in accordance with Section 202 of the National Housing Act. The corporation has entered into a regulatory agreement with HUD, which governs its operation under the Federal Housing Administration (FHA) section of HUD. Furthermore, Culver Garden Court Inc has a Project Rental Assistance Contract (PRAC Contract) with HUD, which is a rent assistance program for low-income families or individuals, as provided by the Section 8 program of the National Housing Act.

In summary, the primary objective of Culver Garden Court Inc is to provide affordable housing for low-income families or individuals through the construction, ownership, and operation of a 13-unit apartment community, in compliance with the National Housing Act, and in partnership with HUD.

Who is the CEO of Culver Garden Court Inc?

Jim Causey is the President of Culver Garden Court Inc.

What is the revenue of Culver Garden Court Inc?

Culver Garden Court Inc's revenue in 2022 was $108,635.

Who are the executives of Culver Garden Court Inc and what are their salaries?

There 15 volunteers at Culver Garden Court Inc.


Here are 15 key members and their salaries:


Jim Causey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Myers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Gehrke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Beiter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diann Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Berndt (Director (Until Sept. 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Parrish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kaufman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rainelle Dowell (Director (Until Nov. 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Balka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Ellert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Corbett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Cottrill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Culver Garden Court Inc?

Culver Garden Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Culver Garden Court Inc

Culver Garden Court Inc, a nonprofit corporation, was established with a mission to construct, own, and operate a 13-unit apartment community. This community, named Culver Garden Court, is situated in Culver, Indiana, and was established in accordance with Section 202 of the National Housing Act. The organization's mission extends beyond just housing, as it has entered into a Project Rental Assistance Contract (PRAC Contract) with HUD. This contract is part of the Section 8 program of the National Housing Act, and it provides rent assistance to low-income families or individuals. The organization's mission, therefore, is to provide affordable housing and rental assistance to those in need, aligning with the broader objectives of the National Housing Act.

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Impact




October, 2024

Culver Garden Court, Inc. plays a significant role in addressing housing needs in Culver, Indiana, by constructing, owning, and operating a 13-unit apartment community known as Culver Garden Court. This initiative supports low-income families and individuals through a structured rental assistance program, which enhances accessibility to affordable housing in the area.

By collaborating with the Federal Housing Administration (FHA) and executing a regulatory agreement with HUD, Culver Garden Court ensures adherence to standards that facilitate the provision of safe and affordable housing options. The Project Rental Assistance Contract (PRAC) further bolsters this impact by offering rental assistance, making it easier for low-income residents to secure stable housing.

Overall, Culver Garden Court, Inc. fosters community well-being by providing essential housing solutions and contributing to the social fabric of Culver, making it a vital resource for those in need of assistance.




This information is meant to be a general summary of Culver Garden Court 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
$108,635 (2022)
Expenses
$134,456 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $51,848
  • Gross Receipts: $108,635

Assets and Liabilities:

  • Total Assets: $1,139,316
  • Total Liabilities: $30,330
  • Net Assets: $1,108,986

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Programs

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

RENTAL INCOME

Revenue

$51,848

Organization Details

Founding Year

2010

Principal Officer

Jim Causey

Main Address

PO BOX 540, SOUTH BEND, IN, 46624

NTEE Category

Code: L21 - Housing

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