Calvary Development Apartments Inc

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

EIN: 391784362 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Calvary Development Apartments Inc?

Calvary Development Apartments Inc is a nonprofit organization situated in Milwaukee, Wisconsin, specifically at 3161 N Martin Luther King Drive. Their primary mission is to provide affordable housing to the elderly and individuals with disabilities, ensuring a total of 40 units are available for this purpose. Their activity or mission description highlights their dedication to offering low-cost housing, thus addressing the essential need for housing security for this specific demographic.

Is Calvary Development Apartments Inc legitimate?

Calvary Development Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calvary Development 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 Calvary Development Apartments Inc?

Calvary Development Apartments Inc's mission is centered around providing housing solutions. Specifically, the organization aims to offer 40 units of affordable housing to the elderly and handicapped community. This mission is carried out with the goal of providing a living space that is accessible and affordable for individuals who may require additional support due to age or disability. The organization's activities are focused on meeting this need, ensuring that these individuals have a suitable place to call home.

Who is the CEO of Calvary Development Apartments Inc?

Lafayette Mckinney is the President of Calvary Development Apartments Inc.

What is the revenue of Calvary Development Apartments Inc?

Calvary Development Apartments Inc's revenue in 2022 was $271,909.

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


Here are 10 key members and their salaries:


Lafayette Mc Kinney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Gary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita L Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Culbreath (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Bynum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Craig (Vp & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter J Burk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Calvary Development Apartments Inc?

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

Mission Statement of Calvary Development Apartments Inc

Calvary Development Apartments Inc is dedicated to providing housing solutions for the elderly and individuals with disabilities. Their primary mission is to offer 40 units of low-cost housing, catering specifically to this demographic. By doing so, they contribute to creating a living environment that is both accessible and affordable for this vulnerable group, thereby enhancing their quality of life.

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Impact




October, 2024

Calvary Development Apartments Inc significantly enhances the quality of life for elderly and handicapped individuals by providing 40 units of low-cost housing in Milwaukee, WI. By focusing on accessible living solutions, the organization addresses critical housing needs within these vulnerable populations, ensuring they have safe, affordable places to reside. This initiative not only fosters independence among residents but also creates a supportive community environment that promotes social interaction and wellbeing. The impact is profound, as it alleviates housing insecurity for those who may struggle to find suitable accommodations, thus enabling them to maintain dignity and stability in their daily lives.




This information is meant to be a general summary of Calvary Development 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
$271,909 (2022)
Expenses
$303,290 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $132
  • Program Service Revenue: $110,658
  • Gross Receipts: $271,909

Assets and Liabilities:

  • Total Assets: $1,163,010
  • Total Liabilities: $2,521,720
  • Net Assets: -$1,358,710

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Programs

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

TENANT PAYMENTS

Revenue

$122,081

VACANCIES

Revenue

-$12,932

LAUNDRY & VENDING

Revenue

$1,509

Organization Details

Founding Year

1986

Principal Officer

Lafayette Mckinney

Main Address

3161 N MARTIN LUTHER KING DR, MILWAUKEE, WI, 53212

NTEE Category

Code: L22 - Housing

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