Overview
What is Grange Acres Nonprofit Housing Corp?
Grange Acres Nonprofit Housing Corp is a charitable organization situated at 4275 FIVE OAKS DR, Lansing, MI 48911. Their primary mission is to offer affordable housing solutions to senior citizens aged 62 or older and handicapped individuals aged 55 or above. The nonprofit manages a project comprising 104 apartment units, providing a home for those in need within this age group.
Is Grange Acres Nonprofit Housing Corp legitimate?
Grange Acres Nonprofit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Grange Acres Nonprofit Housing Corp 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:
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What is the mission statement of Grange Acres Nonprofit Housing Corp?
Grange Acres Nonprofit Housing Corp is dedicated to providing housing for a specific group of individuals. More specifically, they aim to offer housing solutions to low-income senior citizens aged 62 or older and handicapped individuals aged 55 or older. This mission is executed through the rental of apartments, as evidenced by their housing project consisting of 104 units. The organization's focus on this demographic underscores their commitment to addressing the housing needs of a vulnerable population.
Who is the CEO of Grange Acres Nonprofit Housing Corp?
Thomas Lapka is the Director of Grange Acres Nonprofit Housing Corp.
What is the revenue of Grange Acres Nonprofit Housing Corp?
Grange Acres Nonprofit Housing Corp's revenue in 2023 was $671,305.
Who are the executives of Grange Acres Nonprofit Housing Corp and what are their salaries?
There 6 volunteers at Grange Acres Nonprofit Housing Corp.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Grange Acres Nonprofit Housing Corp?
Grange Acres Nonprofit Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Grange Acres Nonprofit Housing Corp
Grange Acres Nonprofit Housing Corp is an organization dedicated to providing housing solutions for low-income senior citizens and handicapped individuals. Specifically, the nonprofit focuses on individuals who are 62 years old or older for senior citizens, and 55 years old or older for handicapped individuals. Their mission is encapsulated in the rental of apartments, with Grange Acres Nonprofit Housing Corp managing a project that includes 104 units. The goal of this project is to offer a secure and comfortable living environment for those who fall under the specified age categories, ensuring they have access to adequate housing despite their financial circumstances.
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Impact
October, 2024
Grange Acres Nonprofit Housing Corp significantly impacts the community by offering affordable housing solutions tailored specifically for low-income seniors aged 62 and older, as well as handicapped individuals aged 55 and older. By providing 104 rental units, it addresses a critical need for safe and accessible living spaces for these vulnerable populations in Lansing, MI. This initiative not only helps alleviate housing insecurity but also fosters a sense of community, allowing residents to enjoy a supportive environment as they age. The availability of these affordable apartments plays a vital role in enhancing the overall quality of life for seniors and handicapped individuals, ensuring they have a stable and comfortable place to call home.
This information is meant to be a general summary of Grange Acres Nonprofit Housing Corp. 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: $4,087
- Program Service Revenue: $667,218
- Gross Receipts: $671,305
Assets and Liabilities:
- Total Assets: $4,669,937
- Total Liabilities: $2,888,460
- Net Assets: $1,781,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$667,218
Organization Details
Founding Year
1971
Phone
(517) 887-4200Principal Officer
Thomas Lapka
Main Address
4275 FIVE OAKS DR, LANSING, MI, 48911
NTEE Category
Code: L22 - Housing
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