Overview
What is Kay Goss Apartments Inc?
Kay Goss Apartments Inc is a nonprofit organization situated in Searcy, Arkansas. Its primary mission is to provide affordable housing options for individuals with disabilities, adhering to the guidelines set by the U.S. Department of Housing & Urban Development. By offering low-income housing, they aim to contribute positively to the community and support those with disabilities in need of a suitable living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% - Three-Star out of Four Star Rating
Kay Goss Apartments Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is entirely derived from a strong accountability and finance score of 80%, indicating that the organization is managing its resources effectively and transparently.
The nonprofit demonstrates commendable governance practices, with 100% of its board members being independent and a well-sized board contributing to its oversight. The organization has also shown excellence in financial management, evidenced by low liabilities to assets and a high program expense ratio, suggesting that a significant portion of its funds is directed towards its mission-related activities.
While the organization's financial health appears strong, the rating does not provide comprehensive insights into its programmatic impact or community outreach effectiveness. Therefore, while Kay Goss Apartments Inc demonstrates solid governance and financial responsibility, additional information on its overall effectiveness in achieving its mission would provide a more complete picture.
This AI summary has been generated from information found on Charity Navigator.
Is Kay Goss Apartments Inc legitimate?
Kay Goss Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kay Goss 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: $26,899
For more financial information, click here
What is the mission statement of Kay Goss Apartments Inc?
Kay Goss Apartments Inc is committed to providing affordable housing for individuals with disabilities, adhering to the regulations set by the U.S. Department of Housing and Urban Development. Their mission is centered around accommodating this specific group of people, ensuring they have a suitable living environment. The organization strives to meet the housing needs of these individuals, upholding the guidelines established by the U.S. Department of Housing and Urban Development.
Who is the CEO of Kay Goss Apartments Inc?
C Carl Schultz is the Treasurer of Kay Goss Apartments Inc.
What is the revenue of Kay Goss Apartments Inc?
Kay Goss Apartments Inc's revenue in 2023 was $105,097.
Who are the executives of Kay Goss Apartments Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kay Goss Apartments Inc?
Kay Goss Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kay Goss Apartments Inc
Kay Goss Apartments Inc, a nonprofit organization, is committed to providing low-income housing for individuals with disabilities. This mission is guided by the regulations established by the U.S. Department of Housing & Urban Development. The organization's primary goal is to ensure that individuals with disabilities have access to suitable housing, thus contributing to their overall well-being. By adhering to these regulations, Kay Goss Apartments Inc plays a crucial role in offering a supportive living environment for those who require it. The organization's mission is not only about providing housing but also about ensuring that the housing meets the specific needs of individuals with disabilities, thereby promoting their independence and quality of life.
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Impact
October, 2024
Kay Goss Apartments Inc significantly impacts the community by providing low-income housing specifically designed for individuals with disabilities in Searcy, Arkansas. By adhering to the requirements established by the U.S. Department of Housing and Urban Development, the organization ensures accessibility and affordability for a vulnerable population often facing barriers to housing. This initiative not only promotes independence for residents but also fosters inclusion and dignity within the community. By stabilizing housing for persons with disabilities, Kay Goss Apartments Inc contributes to the overall well-being and quality of life for its residents, enhancing their opportunities for personal growth and social integration.
This information is meant to be a general summary of Kay Goss 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: $17
- Program Service Revenue: $105,080
- Gross Receipts: $105,097
Assets and Liabilities:
- Total Assets: $505,911
- Total Liabilities: $44,487
- Net Assets: $461,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$92,389
MISCELLANEOUS REVENUE
Revenue
$11,694
LAUNDRY AND VENDING REVENUE
Revenue
$575
TENANT CHARGES
Revenue
$422
Organization Details
Founding Year
2002
Phone
(501) 280-0037Principal Officer
C Carl Schultz
Main Address
8101 INTERSTATE 30 SUITE A, LITTLE ROCK, AR, 72209
NTEE Category
Code: L22 - Housing
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