Overview
What is Apple River Inc?
Apple River Inc is a nonprofit organization situated in Superior, Wisconsin, dedicated to providing affordable housing for individuals with chronic mental illnesses. The organization, guided by the Roman Catholic Church's charitable works and teachings, aims to create safe and affordable living spaces for people with disabilities. To achieve this goal, Apple River Inc receives subsidies from the U.S. Department of Housing and Urban Development, enabling it to cater to low-income individuals, thereby eliminating financial barriers. With 8 units of housing, Apple River Inc contributes to improving the living conditions of those in need, promoting a sense of community and fostering a dignified living environment.
Official website here: www.ccbsuperior.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Apple River Inc demonstrates a strong commitment to accountability and financial health, as evidenced by its perfect score in this category, which makes up 100% of its overall rating. The organization has an entirely independent board, reflecting its governance strength. Additionally, it adheres to best practices in its policies, including conflict of interest and whistleblower protections, which are all documented and accessible.
Financially, Apple River Inc shows a robust program expense ratio of 84.60%, indicating that the majority of its expenses directly support its programs rather than administrative costs. The organization maintains a healthy liabilities to assets ratio of 14.84%, which suggests sound financial management. Overall, the high rating and thorough governance practices illustrate a nonprofit that is well-managed and focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Apple River Inc legitimate?
Apple River Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apple River 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: $11,451
For more financial information, click here
Official website here: www.ccbsuperior.org
What is the mission statement of Apple River Inc?
Apple River Inc's mission is centered around providing housing opportunities for individuals with disabilities, specifically those with chronic mental illnesses. This is done in adherence to the charitable works and traditions of the Roman Catholic Church, guided by Catholic Social teachings. The organization offers 8 units of subsidized housing, funded by the U.S. Department of Housing and Urban Development, to eliminate the financial barrier and make housing affordable. The goal is to create a safe and affordable living environment for these individuals.
Official website here: www.ccbsuperior.org
Who is the CEO of Apple River Inc?
Alan Rock is the Principal Officer of Apple River Inc.
Official website here: www.ccbsuperior.org
What is the revenue of Apple River Inc?
Apple River Inc's revenue in 2022 was $67,550.
Official website here: www.ccbsuperior.org
Who are the executives of Apple River Inc and what are their salaries?
There 5 volunteers at Apple River Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.ccbsuperior.org
Where can I find the form 990 for Apple River Inc?
Apple River Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccbsuperior.org
Learn more at the official website: www.ccbsuperior.org
Mission Statement of Apple River Inc
Apple River Inc, a nonprofit organization, is committed to fulfilling its mission in line with the charitable works and traditions of the Roman Catholic Church. This mission revolves around providing safe and affordable housing opportunities for individuals with disabilities, specifically those with chronic mental illnesses. In accordance with Catholic Social teachings, Apple River Inc strives to remove financial barriers, such as income constraints, to ensure that these individuals can secure housing. The organization achieves this through the operation of eight subsidized housing units, with rents assisted by the U.S. Department of Housing and Urban Development. This initiative allows low-income individuals with chronic mental illnesses to access affordable housing options.
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Impact
August, 2024
Apple River Inc's impact is significant as it provides subsidized housing for low-income individuals with chronic mental illness. By offering 8 units of affordable housing in SUPERIOR, WI, Apple River Inc effectively removes the income barrier that often prevents this vulnerable population from accessing safe and stable housing. Through their mission of creating homes and ensuring that persons with disabilities have access to housing in line with the charitable works of the Roman Catholic Church, Apple River Inc plays a vital role in promoting social justice and equality. Their work aligns with Catholic Social teachings, highlighting their commitment to serving those in need and improving the lives of individuals with chronic mental illness. By addressing the housing needs of this specific demographic, Apple River Inc makes a meaningful impact on the overall well-being and stability of the community.
This information is meant to be a general summary of Apple River 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: $30
- Program Service Revenue: $21,280
- Gross Receipts: $67,550
Assets and Liabilities:
- Total Assets: $249,720
- Total Liabilities: $35,406
- Net Assets: $214,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Fees
Revenue
$21,280
Organization Details
Founding Year
1997
Phone
(715) 394-6617Principal Officer
Alan Rock
Main Address
1416 Cumming Ave, Superior, WI, 54880
Website
www.ccbsuperior.orgNTEE Category
Code: P70 - Human services
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