Overview
What is Sparta Retirement Community Inc?
Sparta Retirement Community Inc, also known as Harvest Way Retirement Community, is a nonprofit organization situated in Grand Rapids, Michigan. Their primary mission is to offer affordable housing solutions for low-income elderly individuals by renting out 45 subsidized apartments, funded by the U.S. Department of Housing and Urban Development. The organization is committed to fostering a welcoming and inclusive environment, as reflected in their motto, "Welcoming all, partnering together, enriching lives." With a workforce of just three individuals, Sparta Retirement Community Inc strives to improve the living conditions and enrich the lives of its elderly residents, focusing on the overall well-being of its community.
Official website here: www.brio.org
Is Sparta Retirement Community Inc legitimate?
Sparta Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparta Retirement Community 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: $65,335
For more financial information, click here
Official website here: www.brio.org
What is the mission statement of Sparta Retirement Community Inc?
Sparta Retirement Community Inc's mission is centered around welcoming a diverse group of individuals and working together to enrich their lives. This mission is reflected in their day-to-day activities, which involve providing affordable housing for the elderly with low income. The U.S. Department of Housing and Urban Development subsidizes 45 apartments in their facility, allowing them to serve this specific demographic effectively. By welcoming all and partnering with residents, Sparta Retirement Community Inc strives to create a living environment that is enriching and supportive for its elderly residents.
Official website here: www.brio.org
Who is the CEO of Sparta Retirement Community Inc?
Kim Hoppe is the Cfo / Director of Sparta Retirement Community Inc. The CEO's salary of Sparta Retirement Community Inc is $0 and their total compensation is $497,951.
Official website here: www.brio.org
What is the revenue of Sparta Retirement Community Inc?
Sparta Retirement Community Inc's revenue in 2022 was $284,006.
Official website here: www.brio.org
Who are the executives of Sparta Retirement Community Inc and what are their salaries?
The average compensation at Sparta Retirement Community Inc during 2022 was $21,778. There are 3 employees and 6 volunteers at Sparta Retirement Community Inc.
Here are 8 key members and their salaries (Sparta Retirement Community Inc's CEO's salary is $0 and their total compensation is $497,951):
- Compensation: $0
- Related: $468,694
- Other: $29,257
- Compensation: $0
- Related: $267,464
- Other: $27,806
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brio.org
Where can I find the form 990 for Sparta Retirement Community Inc?
Sparta Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brio.org
Learn more at the official website: www.brio.org
Mission Statement of Sparta Retirement Community Inc
Sparta Retirement Community Inc, a nonprofit organization, is committed to its mission of welcoming all individuals and partnering with them to enrich their lives. This mission is achieved primarily through the provision of affordable housing for the elderly with low incomes. The organization accomplishes this by renting out 45 apartments, which are subsidized by the U.S. Department of Housing and Urban Development. By offering affordable housing, Sparta Retirement Community Inc is not just providing a place to live but also contributing to the well-being of its residents, allowing them to lead fulfilling lives.
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Impact
October, 2024
Sparta Retirement Community Inc significantly impacts the Grand Rapids community by providing affordable housing for low-income elderly individuals. With 45 apartments that are subsidized by the U.S. Department of Housing and Urban Development, the community serves as a vital resource for seniors in need of safe, stable, and affordable living options. Its mission focuses on inclusivity, collaboration, and enrichment of lives, fostering a welcoming environment where residents can thrive.
By partnering with local organizations and stakeholders, Sparta Retirement Community enhances the quality of life for its residents through social engagement and supportive services. This approach not only addresses housing needs but also promotes a sense of community among seniors, ultimately contributing to their well-being and independence. The organization's commitment to enriching lives plays a crucial role in alleviating the challenges faced by low-income elderly individuals in Grand Rapids, enhancing both individual lives and the broader community fabric.
This information is meant to be a general summary of Sparta Retirement Community 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 2022.
- Investment Income: $9
- Program Service Revenue: $209,714
- Gross Receipts: $284,006
Assets and Liabilities:
- Total Assets: $1,561,692
- Total Liabilities: $2,948,965
- Net Assets: -$1,387,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$186,437
Laundry and Vending
Revenue
$4,374
Cable charges & other Misc resident revenue
Revenue
$18,903
Organization Details
Founding Year
1999
Phone
(616) 301-0158Principal Officer
Kim Hoppe
Main Address
3600 E Fulton, Grand Rapids, MI, 49546
Website
www.brio.orgNTEE Category
Code: L22 - Housing
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