Summit Apartments Inc

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

EIN: 391225718 ✦ Barneveld, WI ✦ Designated as a 501(c)(4)

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Overview

What is Summit Apartments Inc?

Summit Apartments Inc, located in Barneveld, Wisconsin, is a dedicated nonprofit organization. Their primary mission is to offer safe and affordable housing options for low- and moderate-income senior citizens, as well as handicapped and disabled individuals. This endeavor is in line with their belief in providing essential living spaces for those who may require additional support. The organization operates with a clear commitment to this cause, ensuring that their residences cater to the unique needs of their residents.

Is Summit Apartments Inc legitimate?

Summit Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Summit Apartments 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: $0

For more financial information, click here

What is the mission statement of Summit Apartments Inc?

Summit Apartments Inc is committed to a mission aimed at providing safe and affordable housing for individuals who fall under the categories of low and moderate income senior citizens, as well as handicapped and disabled individuals. This organization strives to make housing accessible for these groups, ensuring they have a secure living space that suits their financial capabilities. The mission of Summit Apartments Inc is to serve as a haven for these vulnerable groups, offering them a place to call home with dignity and comfort.

Who is the CEO of Summit Apartments Inc?

Peggy Jones is the President of Summit Apartments Inc.

What is the revenue of Summit Apartments Inc?

Summit Apartments Inc's revenue in 2022 was -$187,948.

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


Here are 7 key members and their salaries:


Peggy Jones (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schaller (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rowena Kirschbaum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Kleppe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Theobald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Brindley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Dyreson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Summit Apartments Inc?

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

Mission Statement of Summit Apartments Inc

Summit Apartments Inc, as a mission-driven organization, is committed to providing safe and affordable housing for low-income senior citizens, as well as handicapped and disabled individuals. Their primary goal is to ensure that these vulnerable groups have access to suitable living spaces that cater to their unique needs and circumstances. By offering affordable housing options, Summit Apartments Inc aims to alleviate the financial burden often associated with housing, enabling these individuals to focus on other aspects of their lives. This mission is a testament to the organization's dedication to promoting inclusivity and equality, ensuring that everyone, regardless of their age or disability status, has the right to live with dignity and independence.

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Impact




October, 2024

Summit Apartments Inc significantly impacts the community by providing safe and affordable housing for low and moderate-income senior citizens, as well as handicapped and disabled individuals. This commitment addresses a critical need in Barneveld, WI, ensuring that vulnerable populations have access to suitable living conditions. By focusing on these demographics, Summit Apartments Inc not only enhances the quality of life for residents but also fosters a sense of community and belonging. The organization plays a vital role in promoting stability and independence among those who often face housing challenges, leading to improved overall well-being and social engagement for its residents.




This information is meant to be a general summary of Summit 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
-$187,948 (2022)
Expenses
$119,256 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$304,197
  • Program Service Revenue: $116,249
  • Gross Receipts: $116,291

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RENTAL INCOME

Revenue

$115,464

UTILITY REIMBURSEMENT

Revenue

$574

LAUNDRY INCOME

Revenue

$211

Organization Details

Founding Year

1975

Principal Officer

Peggy Jones

Main Address

106 ARNESON ROAD, BARNEVELD, WI, 53507

NTEE Category

Code: L21 - Housing

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