Overview
What is Independence Apartments Inc?
Independence Apartments Inc is a nonprofit organization situated in Little Rock, Arkansas, specifically at 8101 Interstate 30 Suite A, ZIP Code 72209. Their primary mission is to provide affordable housing options for low-income families within Batesville, Arkansas, in accordance with the guidelines set by the U.S. Department of Housing & Urban Development. They aim to contribute positively to the community by offering suitable living spaces to families in need.
Is Independence Apartments Inc legitimate?
Independence Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence 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: $20,458
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What is the mission statement of Independence Apartments Inc?
Independence Apartments Inc is committed to providing low-income housing opportunities for families, adhering to the guidelines set by the U.S. Department of Housing & Urban Development. Their mission is centered around offering suitable housing solutions, ensuring that families in need have a place to call home. This organization's activities are guided by the regulations established by the U.S. Department of Housing & Urban Development, thereby providing a reliable and affordable housing option for eligible families.
What is the revenue of Independence Apartments Inc?
Independence Apartments Inc's revenue in 2024 was $123,661.
Who are the executives of Independence 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 Independence Apartments Inc?
Independence Apartments Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Independence Apartments Inc
Independence Apartments Inc, as a nonprofit organization, is committed to providing low-income housing solutions for families. Under the guidelines set by the U.S. Department of Housing & Urban Development, this institution offers a sanctuary for families in need, ensuring they have a place to call home. The mission of Independence Apartments Inc is to make a tangible impact on the lives of those who are economically disadvantaged, providing them with a stable and secure living environment. By adhering to the guidelines established by the U.S. Department of Housing & Urban Development, Independence Apartments Inc is able to make a significant contribution to the well-being of its residents, offering them a chance to focus on other aspects of their lives.
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Impact
October, 2024
Independence Apartments Inc plays a vital role in the Batesville, Arkansas community by providing low-income housing options for families in need. By adhering to U.S. Department of Housing and Urban Development guidelines, the organization ensures that residents have access to safe, affordable living conditions. This initiative not only helps stabilize families facing financial hardships but also contributes to the overall well-being of the community by fostering a sense of security and belonging. By offering these housing solutions, Independence Apartments Inc addresses critical housing challenges, ultimately promoting a healthier, more resilient community.
This information is meant to be a general summary of Independence 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 2024.
- Investment Income: $130
- Program Service Revenue: $123,531
- Gross Receipts: $123,661
Assets and Liabilities:
- Total Assets: $513,949
- Total Liabilities: $15,666
- Net Assets: $498,283
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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
$118,250
MISCELLANEOUS REVENUE
Revenue
$3,500
LAUNDRY AND VENDING REVENUE
Revenue
$964
TENANT CHARGES
Revenue
$817
Organization Details
Founding Year
1999
Principal Officer
Ccarl Schultz
NTEE Category
Code: L20 - Housing
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