Overview
What is Ken-Rock Elderly Apartments Inc?
Ken-Rock Elderly Apartments Inc is a nonprofit organization located at 1631 Hamilton Avenue, Rockford, Illinois. The organization operates a 31-unit housing development specifically designed for the elderly and individuals with disabilities, adhering to regulations under HUD's Section 207 and Section 223(F) of the National Housing Act. The primary mission of Ken-Rock Elderly Apartments Inc is to provide elderly and handicapped residents with housing facilities and services tailored to meet their physical, social, and psychological needs. This aim is driven by the organization's goal of promoting their health, security, happiness, and overall well-being in their later years.
Is Ken-Rock Elderly Apartments Inc legitimate?
Ken-Rock Elderly Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ken-Rock Elderly 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: $69,703
For more financial information, click here
What is the mission statement of Ken-Rock Elderly Apartments Inc?
Ken-Rock Elderly Apartments Inc's mission is centered around providing specialized housing facilities and services for the elderly and handicapped individuals, aiming to cater to their physical, social, and psychological needs. The organization's primary goal is to promote their health, security, happiness, and usefulness in longer living. By doing so, Ken-Rock Elderly Apartments Inc aims to enhance the overall well-being and quality of life for these individuals. The organization operates under the regulation of the HUD, adhering to Section 207 of the National Housing Act, specifically Section 223(F).
Who is the CEO of Ken-Rock Elderly Apartments Inc?
Vicki Anderson is the President of Ken-Rock Elderly Apartments Inc. The CEO's salary of Ken-Rock Elderly Apartments Inc is $0 and their total compensation is $0.
What is the revenue of Ken-Rock Elderly Apartments Inc?
Ken-Rock Elderly Apartments Inc's revenue in 2023 was $302,462.
Who are the executives of Ken-Rock Elderly Apartments Inc and what are their salaries?
There 2 volunteers at Ken-Rock Elderly Apartments Inc.
Here are 9 key members and their salaries (Ken-Rock Elderly Apartments Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Ken-Rock Elderly Apartments Inc?
Ken-Rock Elderly Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ken-Rock Elderly Apartments Inc
Ken-Rock Elderly Apartments Inc is committed to providing elderly and handicapped individuals with housing facilities and services tailored to meet their physical, social, and psychological needs. The organization's mission is to promote their health, security, happiness, and usefulness in longer living. By owning and operating a 31-unit housing development under the regulation of HUD, Ken-Rock Elderly Apartments Inc aims to offer a living environment that caters to the unique needs of its elderly and handicapped residents, ensuring their well-being and overall quality of life. The organization operates under Section 207 of the National Housing Act, as amended by Section 223(F), demonstrating its dedication to providing suitable housing solutions for its target population.
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Impact
October, 2024
Ken-Rock Elderly Apartments Inc plays a crucial role in enhancing the quality of life for elderly and handicapped individuals by providing safe and accessible housing options tailored to their unique needs. By owning and operating a 31-unit housing development in Rockford, Illinois, the organization addresses the physical, social, and psychological challenges faced by residents.
The thoughtfully designed facilities not only cater to essential needs but also promote health, security, and a sense of community, encouraging longer, happier lives for its residents. Through its dedicated services, Ken-Rock Elderly Apartments Inc fosters an environment that enables seniors to maintain their independence while also receiving the support necessary for their well-being. This approach significantly contributes to the overall health and happiness of its residents, making a positive impact on their lives and the broader community.
This information is meant to be a general summary of Ken-Rock Elderly 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: $78
- Program Service Revenue: $302,384
- Gross Receipts: $302,462
Assets and Liabilities:
- Total Assets: $425,228
- Total Liabilities: $855,344
- Net Assets: -$430,116
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$100,221
TENANT ASSISTANCE PMTS
Revenue
$202,102
TENANT CHARGES
Revenue
$61
Organization Details
Founding Year
1986
Phone
(815) 398-8864Principal Officer
Vicki Anderson
Main Address
1631 HAMILTON AVENUE, ROCKFORD, IL, 61109
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