Muskegon Retirement Apartments

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

EIN: 386107781 ✦ Muskegon, MI ✦ Designated as a 501(c)(4)

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Overview

What is Muskegon Retirement Apartments?

Muskegon Retirement Apartments is a nonprofit organization situated in Muskegon, Michigan. Its primary purpose is to provide rental housing for senior citizens, adhering to Section 202 of the Housing Act of 1959, as amended. This housing service aims to cater to the needs of elderly residents, ensuring they have a suitable living environment.

Is Muskegon Retirement Apartments legitimate?

Muskegon Retirement Apartments is a legitimate nonprofit organization registered as a 501(c)(4) entity. Muskegon Retirement Apartments 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: $99,800

For more financial information, click here

What is the mission statement of Muskegon Retirement Apartments?

The Muskegon Retirement Apartments, in line with Section 202 of the Housing Act of 1959, serves as a housing provider for senior citizens. Their mission is centered around offering rental housing solutions to this specific demographic, as stipulated by the aforementioned act. This commitment to senior citizens' housing needs is a continuous endeavor, ensuring a comfortable living space for this age group.

Who is the CEO of Muskegon Retirement Apartments?

Roy Portenga is the President of Muskegon Retirement Apartments.

What is the revenue of Muskegon Retirement Apartments?

Muskegon Retirement Apartments's revenue in 2022 was $752,422.

Who are the executives of Muskegon Retirement Apartments and what are their salaries?

There 9 volunteers at Muskegon Retirement Apartments.


Here are 9 key members and their salaries:


Roy Portenga (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Minnaar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Rinsema-Sybenga (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Fethke (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Buikema (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Carrozza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Franczk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Sanderlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Sanderlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Muskegon Retirement Apartments?

Muskegon Retirement Apartments's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Muskegon Retirement Apartments

Muskegon Retirement Apartments, as a nonprofit organization, is dedicated to providing rental housing for senior citizens. This mission is in line with Section 202 of the Housing Act of 1959, which it adheres to, having been amended over the years. The organization's primary purpose is to offer a residential space that caters specifically to the elderly population, ensuring they have a suitable living environment. By doing so, Muskegon Retirement Apartments contributes to the well-being of senior citizens, providing them with a secure and comfortable home.

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Impact




October, 2024

Muskegon Retirement Apartments significantly enhances the quality of life for senior citizens in Muskegon, Michigan, by providing affordable rental housing designed specifically for their needs. By offering homes under Section 202 of the Housing Act of 1959, it creates a supportive environment that fosters independence and community among seniors. This initiative addresses the critical demand for accessible housing options, ensuring that elderly residents have a safe and stable living situation.

The presence of Muskegon Retirement Apartments helps alleviate housing insecurity for older adults, allowing them to focus on their health and well-being. With a tailored approach to senior living, the apartments promote social engagement and a sense of belonging, which are essential components for maintaining mental and emotional health in later years. Additionally, by housing seniors in a dedicated community, it encourages connections and support networks that enrich the lives of residents.




This information is meant to be a general summary of Muskegon Retirement Apartments. 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
$752,422 (2022)
Expenses
$753,190 (2022)
Efficiency

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: $728,942
  • Gross Receipts: $752,422

Assets and Liabilities:

  • Total Assets: $737,016
  • Total Liabilities: $1,607,008
  • Net Assets: -$869,992

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$728,942

Organization Details

Founding Year

1967

Principal Officer

Roy Portenga

Main Address

1077 JEFFERSON STREET, MUSKEGON, MI, 49440

NTEE Category

Code: L22 - Housing

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