Overview
What is Parc Apartments Project Inc?
Parc Apartments Project Inc is a nonprofit organization that offers housing solutions for individuals with intellectual and developmental disabilities. Funded through a HUD 811 mortgage and Section 8 rent subsidy, they operate a nine-unit apartment building, providing a safe and supportive living environment. This initiative aims to promote independence and inclusion for these individuals, ensuring they have access to comfortable and affordable housing.
Is Parc Apartments Project Inc legitimate?
Parc Apartments Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parc Apartments Project 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.
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What is the mission statement of Parc Apartments Project Inc?
Parc Apartments Project Inc, as an organization, is dedicated to providing housing solutions for individuals with intellectual and developmental disabilities. Funded by HUD 811 mortgages and Section 8 rent subsidies, they operate a nine-unit apartment building specifically designed for this group. Their mission is to offer a living space that caters to the unique needs of these individuals, aiming to enhance their quality of life and promote independence.
What is the revenue of Parc Apartments Project Inc?
Parc Apartments Project Inc's revenue in 2024 was $68,724.
Who are the executives of Parc Apartments Project Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Parc Apartments Project Inc?
Parc Apartments Project Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Parc Apartments Project Inc
Parc Apartments Project Inc, a nonprofit organization, is dedicated to providing housing solutions for individuals with intellectual and developmental disabilities. Funded through a HUD 811 mortgage and Section 8 rent subsidy, the organization operates a nine-unit apartment building as its primary mission. This housing facility offers a safe and supportive living environment for its residents, enabling them to lead independent lives with dignity and respect. By offering housing solutions, Parc Apartments Project Inc contributes to the overall well-being and inclusion of individuals with intellectual and developmental disabilities in society.
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Impact
August, 2024
Parc Apartments Project Inc provides crucial housing support for individuals with intellectual and developmental disabilities in Peoria, Illinois. By operating a nine-unit apartment building funded through a HUD 811 mortgage and Section 8 rent subsidy, this organization offers a safe and supportive living environment for those who may have limited housing options. This initiative directly addresses the housing needs of a vulnerable population, ensuring they have access to suitable and affordable accommodation that meets their specific requirements. Through their work, Parc Apartments Project Inc contributes to promoting inclusivity and independence for individuals with intellectual and developmental disabilities in the community.
This information is meant to be a general summary of Parc Apartments Project 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: $1,138
- Program Service Revenue: $67,586
- Gross Receipts: $68,724
Assets and Liabilities:
- Total Assets: $367,645
- Total Liabilities: $4,907
- Net Assets: $362,738
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Organization Details
Principal Officer
Mary Carlson
NTEE Category
Code: L22 - Housing
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