Overview
What is Northport Apartments Corporation?
Northport Apartments Corporation is a nonprofit organization situated in Milwaukee, Wisconsin, with a focus on providing affordable housing and essential services to low-income families and individuals. They manage 140 rental units and are committed to offering more than just a place to live. Their mission encompasses delivering social services and training programs, aiming to uplift and empower the community they serve. The corporation's team consists of 24 dedicated individuals, working tirelessly to ensure the well-being and improvement of low-income families in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Northport Apartments Corporation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization achieved an impressive score of 90% in the Accountability & Finance category, which indicates a high level of transparency and effective management of resources. The rating is significant as it highlights the nonprofit's reliability and credibility in its operations.
The organization's strengths are notable, especially its governance structure, which includes a fully independent board with 100% independent members. The presence of an audit and oversight committee, alongside strong policies for conflict of interest and whistleblower protection, further reinforces its commitment to ethical standards. Additionally, Northport Apartments Corporation demonstrates a solid financial foundation with a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its resources is devoted to its core mission.
While the ratings are quite positive, the summary does not mention any specific challenges or limitations faced by the organization. Overall, the data presents Northport Apartments Corporation as a well-managed nonprofit that prioritizes transparency and accountability in its operations, making it a trustworthy choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Northport Apartments Corporation legitimate?
Northport Apartments Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northport Apartments 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $478,857
For more financial information, click here
What is the mission statement of Northport Apartments Corporation?
Northport Apartments Corporation has a mission to provide low-income housing, social services, and training programs to families in need. This organization is dedicated to assisting individuals and families who are financially disadvantaged. Through its efforts, it offers 140 rental units as housing solutions. Moreover, Northport Apartments Corporation extends its support by offering social services and training programs to aid the personal growth and well-being of its residents.
Who is the CEO of Northport Apartments Corporation?
Carmen Porco is the Vice President of Northport Apartments Corporation.
What is the revenue of Northport Apartments Corporation?
Northport Apartments Corporation's revenue in 2023 was $1,900,041.
Who are the executives of Northport Apartments Corporation and what are their salaries?
The average compensation at Northport Apartments Corporation during 2023 was $19,952. There are 24 employees and 11 volunteers at Northport Apartments Corporation.
Here are 11 key members and their salaries:
- 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
- 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
Where can I find the form 990 for Northport Apartments Corporation?
Northport Apartments Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Northport Apartments Corporation
Northport Apartments Corporation is an organization with a mission to provide low-income families with housing, social services, and training programs. This mission is underscored by the organization's provision of 140 rental units, catering to individuals and families who fall under the low-income bracket. Beyond housing, Northport Apartments Corporation extends its support to these families through social services and training programs. These initiatives aim to empower and uplift the community, contributing to their overall well-being and self-sufficiency. The organization's mission is a testament to its commitment to addressing the housing and socio-economic challenges faced by lower-income families, thereby contributing to a more equitable society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Northport Apartments Corporation has a significant impact on the community of Milwaukee, Wisconsin by providing much-needed low-income housing to families and individuals. With 140 rental units available, the organization plays a crucial role in addressing the housing needs of lower-income residents in the area. Additionally, their provision of social services and training programs further supports these individuals and families in achieving stability and self-sufficiency. Northport Apartments Corporation's dedication to its mission of providing housing, social services, and training programs directly contributes to improving the quality of life for low-income individuals and families in Milwaukee.
This information is meant to be a general summary of Northport Apartments 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 2023.
- Program Service Revenue: $1,876,463
- Gross Receipts: $1,900,041
Assets and Liabilities:
- Total Assets: $4,155,445
- Total Liabilities: $193,954
- Net Assets: $3,961,491
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTS
Revenue
$1,863,263
HEAD START RENTS
Revenue
$13,200
Organization Details
Founding Year
1964
Phone
(414) 352-7120Principal Officer
Carmen Porco
Main Address
3744 WEST GREENTREE ROAD, MILWAUKEE, WI, 53209
NTEE Category
Code: L21 - Housing
If you are a representative of Northport Apartments Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.