Overview
What is Dale Community Apartments Inc?
Dale Community Apartments Inc is a nonprofit organization situated in Dale, Indiana, primarily focused on providing rental housing opportunities for eligible residents. Operating under the Federal Housing and Mortgage Administration (FMHA) subsidized housing program, their mission is to offer affordable living solutions to qualified individuals. The organization's activities are centered around this mission, ensuring that eligible occupants have access to suitable housing options.
Is Dale Community Apartments Inc legitimate?
Dale Community Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Dale Community 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: $3,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,395
For more financial information, click here
What is the mission statement of Dale Community Apartments Inc?
Dale Community Apartments Inc is committed to providing rental housing for eligible occupants, as part of the FMHA Subsidized Housing Program. Their mission is to offer housing solutions for those who qualify, aiming to contribute to a stable living environment for these individuals. The organization's primary activity revolves around meeting the housing needs of eligible occupants through this subsidized program. By doing so, Dale Community Apartments Inc seeks to contribute positively to the lives of those in need, providing them with a roof over their heads.
Who is the CEO of Dale Community Apartments Inc?
Mark Lubbehausen is the Chairman of Dale Community Apartments Inc.
What is the revenue of Dale Community Apartments Inc?
Dale Community Apartments Inc's revenue in 2022 was $296,256.
Who are the executives of Dale Community Apartments Inc and what are their salaries?
There 5 volunteers at Dale Community Apartments Inc.
Here are 5 key members and their salaries:
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $75
- Related: $0
- Other: $0
- Compensation: $75
- Related: $0
- Other: $0
Where can I find the form 990 for Dale Community Apartments Inc?
Dale Community Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dale Community Apartments Inc
Dale Community Apartments Inc, as a nonprofit organization, is dedicated to providing rental housing opportunities for eligible occupants under the FMHA Subsidized Housing Program. Their mission is to offer viable living spaces that cater to individuals who meet specific eligibility criteria, facilitated by the Federal Housing Administration (FHA). By offering subsidized housing, Dale Community Apartments Inc aims to make affordable housing more accessible, thereby contributing to the well-being and stability of its residents. The organization's commitment to this mission is evident in its focus on offering rental housing solutions within the framework of the FMHA Subsidized Housing Program.
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Impact
October, 2024
Dale Community Apartments Inc plays a crucial role in providing affordable rental housing for eligible residents in Dale, Indiana. By participating in the FMHA subsidized housing program, it ensures that individuals and families with limited financial resources have access to safe and stable living conditions. This impactful work not only helps to alleviate housing insecurity but also contributes to the overall well-being of the community by allowing residents to focus on other essential aspects of their lives, such as employment, education, and health. The provision of affordable housing fosters a sense of community, stability, and opportunity for residents, which can lead to improved quality of life and stronger local neighborhoods.
This information is meant to be a general summary of Dale Community 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 2022.
- Investment Income: $534
- Program Service Revenue: $265,219
- Gross Receipts: $296,256
Assets and Liabilities:
- Total Assets: $836,341
- Total Liabilities: $343,827
- Net Assets: $492,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$265,219
Organization Details
Founding Year
1978
Phone
(812) 937-2255Principal Officer
Mark Lubbehausen
Main Address
PO BOX 40, DALE, IN, 47523
NTEE Category
Code: L21 - Housing
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