Independence Square Apartments Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382581584 ✦ Fort gratiot, MI ✦ Designated as a 501(c)(3)

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Overview

What is Independence Square Apartments Inc?

Independence Square Apartments Inc is a nonprofit organization situated in Fort Gratiot, Michigan. Their primary mission is to address the physical, social, and psychological needs of elderly and disabled individuals. They accomplish this by providing suitable housing facilities and services, specifically catering to low-income handicapped adults under an agreement with HUD. The organization, currently housing 8 tenants, is dedicated to enhancing the quality of life for its residents.

Is Independence Square Apartments Inc legitimate?

Independence Square Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Square Apartments 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.

What is the mission statement of Independence Square Apartments Inc?

Independence Square Apartments Inc, as an organization, is committed to addressing the comprehensive needs of elderly and handicapped individuals. This is achieved through its housing facilities and services. Under a contract with H.U.D., the apartment complex accommodates a limited number of tenants who are low income handicapped adults, providing them with a living space that caters to their physical, social, and psychological needs. The mission of Independence Square Apartments Inc is centered around creating a supportive environment that enhances the quality of life for its residents.

Who is the CEO of Independence Square Apartments Inc?

Helen Ruffing is the President of Independence Square Apartments Inc.

What is the revenue of Independence Square Apartments Inc?

Independence Square Apartments Inc's revenue in 2022 was $99,187.

Who are the executives of Independence Square Apartments Inc and what are their salaries?


Here are 7 key members and their salaries:


Harry Oldenburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Buechler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Zito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Ruffing (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Worthington (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Ward (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Koch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Independence Square Apartments Inc?

Independence Square Apartments Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Independence Square Apartments Inc

Independence Square Apartments Inc is dedicated to catering to the physical, social, and psychological needs of elderly and handicapped individuals. This nonprofit organization accomplishes this mission through its housing facilities and services. Under a contract with HUD, it provides homes for a limited number of low-income handicapped adults, with a total of 8 tenants. The apartments located at Fort Gratiot, MI, play a significant role in addressing the unique challenges faced by this vulnerable population. By offering a safe, supportive living environment, Independence Square Apartments Inc contributes to their overall well-being and quality of life.

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Impact




October, 2024

Independence Square Apartments Inc significantly impacts the lives of elderly and handicapped individuals in Fort Gratiot, MI, by providing essential housing facilities and comprehensive support services. By focusing on the physical, social, and psychological needs of its residents, the organization fosters a nurturing environment that promotes independence and well-being.

Catering specifically to low-income handicapped adults, Independence Square Apartments serves a vital role in the community by offering affordable housing options under a contract with HUD. With a small but dedicated tenant base of eight individuals, the organization ensures personalized attention and care for each resident, alleviating isolation and enhancing overall quality of life.

The services provided not only address housing needs but also create avenues for social engagement and emotional support, contributing to a greater sense of community among the tenants. This holistic approach ultimately empowers residents to lead fulfilling lives, enhancing their ability to maintain independence while having access to a supportive network.




This information is meant to be a general summary of Independence Square 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.

Revenue
$99,187 (2022)
Expenses
$91,323 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19
  • Program Service Revenue: $17,855
  • Gross Receipts: $99,187

Assets and Liabilities:

  • Total Assets: $181,887
  • Total Liabilities: $376,604
  • Net Assets: -$194,717

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Organization Details

Principal Officer

Helen Ruffing

Main Address

3051 COMMERCE DRIVE STE 5, FORT GRATIOT, MI, 48059

NTEE Category

Code: L21 - Housing

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