Overview
What is Caspian Housing Corporation?
Caspian Housing Corporation, with its operational base in Escanaba, Michigan, is a nonprofit organization dedicated to serving the elderly community. Their primary mission is to provide subsidized housing for this demographic, currently accommodating 28 elderly individuals. The corporation operates under the name Spring Valley Apartments. Their services contribute significantly to the well-being of the elderly population in the area, ensuring they have a secure and affordable living space.
Is Caspian Housing Corporation legitimate?
Caspian Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caspian Housing Corporation 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.
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What is the mission statement of Caspian Housing Corporation?
The Caspian Housing Corporation's mission is centered around providing subsidized housing for elderly individuals. In the current year, they have successfully accommodated 28 elderly individuals under their care. The organization's primary objective is to ensure affordable housing for this demographic, aiming to enhance their quality of life. By offering subsidized housing, the Caspian Housing Corporation contributes to the well-being of elderly individuals, providing them with a secure living environment. The organization's efforts are instrumental in alleviating housing-related challenges faced by this vulnerable group.
Who is the CEO of Caspian Housing Corporation?
James Baumgartner is the President of Caspian Housing Corporation.
What is the revenue of Caspian Housing Corporation?
Caspian Housing Corporation's revenue in 2022 was $271,536.
Who are the executives of Caspian Housing Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Caspian Housing Corporation?
Caspian Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Caspian Housing Corporation
Caspian Housing Corporation is a nonprofit organization with a mission to provide subsidized housing for elderly individuals. This mission is accomplished by offering housing solutions to 28 elderly individuals in the current year. The corporation's primary goal is to cater to the housing needs of low-income elderly individuals. By doing so, it contributes to ensuring that these individuals have a safe and comfortable living environment, which is essential for their well-being.
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Impact
October, 2024
Caspian Housing Corporation significantly impacts the community by providing subsidized housing for elderly individuals, addressing a critical need for low-income seniors. In the current year, the organization has successfully housed 28 elderly individuals, ensuring they have a safe and stable living environment. This initiative not only enhances the quality of life for its residents but also promotes their overall health and well-being, as stable housing is linked to better health outcomes. By focusing on this vulnerable demographic in Escanaba, Michigan, Caspian Housing Corporation plays a vital role in fostering independence and dignity among the elderly population, contributing positively to the community's fabric.
This information is meant to be a general summary of Caspian Housing Corporation. 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: $80
- Program Service Revenue: $95,237
- Gross Receipts: $271,536
Assets and Liabilities:
- Total Assets: $350,343
- Total Liabilities: $913,158
- Net Assets: -$562,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$94,292
LAUNDRY & VENDING REVENUE
Revenue
$945
Organization Details
Founding Year
1983
Phone
(906) 786-4701Principal Officer
James Baumgartner
Main Address
C/O UPCAP SERVICES INC PO BOX 606, ESCANABA, MI, 49829
NTEE Category
Code: E91Z - Health
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