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Laurel Place Apartments Inc

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

EIN: 311522627 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Laurel Place Apartments Inc?

Laurel Place Apartments Inc is a dedicated nonprofit organization situated in Knoxville, Tennessee. Its primary focus is to offer affordable housing solutions for low-income and elderly individuals. They achieve this mission by providing HUD-assisted housing, ensuring accessible living for their tenants. The organization's commitment extends to ensuring that its apartments cater specifically to the needs of these groups, thereby enhancing their living conditions.

Is Laurel Place Apartments Inc legitimate?

Laurel Place Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Place Apartments Inc submitted a form 990EZ, 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 Laurel Place Apartments Inc?

Laurel Place Apartments Inc, as a mission, focuses on providing affordable housing for individuals with low income and the elderly. Their objective is to ensure that living conditions are accessible for this demographic. To achieve this, they offer HUD-assisted housing programs. The organization does not specify the location in the provided information.

What is the revenue of Laurel Place Apartments Inc?

Laurel Place Apartments Inc's revenue in 2024 was $39,643.

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

Here are 6 key members and their salaries:


Eric Seay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Linkous (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Linkous (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Cole (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Broyles (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derring Darling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Laurel Place Apartments Inc?

Laurel Place Apartments Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Laurel Place Apartments Inc

Laurel Place Apartments Inc, a nonprofit organization, is committed to providing affordable housing for individuals with low income and the elderly. Their mission is centered around ensuring accessible living for these groups. To achieve this, they offer HUD-assisted housing programs, catering specifically to this demographic. By offering such housing options, Laurel Place Apartments Inc aims to make living arrangements more accessible and affordable for those in need.

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Impact




August, 2024

Laurel Place Apartments Inc provides a vital service by offering affordable housing to low-income and elderly individuals in Knoxville, TN. By ensuring accessible living through HUD-assisted housing programs, Laurel Place Apartments plays a crucial role in addressing the housing needs of vulnerable populations in the community. Their impact can be seen in the improved quality of life and stability that residents experience through safe and affordable housing options. This organization's work directly contributes to the well-being and security of individuals who may otherwise struggle to find suitable housing options.




This information is meant to be a general summary of Laurel 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
$39,643 (2024)
Expenses
$67,728 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $8,351
  • Gross Receipts: $39,643

Assets and Liabilities:

  • Total Assets: $110,476
  • Total Liabilities: $330,729
  • Net Assets: -$220,253

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Organization Details

Principal Officer

Katie Linkous

NTEE Category

Code: L99 - Housing

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