Overview
What is Uncle Sam's Inc?
Uncle Sam's Inc is a nonprofit organization that focuses on providing affordable housing solutions for the elderly and disabled. Utilizing federally subsidized loans and rental assistance, they offer very low-cost housing options. In the recent year, their occupancy rate was 82%, while they managed to reach an impressive 97% in 2014. Their mission is to ensure these vulnerable populations have access to safe and comfortable living spaces.
Is Uncle Sam's Inc legitimate?
Uncle Sam's Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uncle Sam's Inc submitted a form 990EZ, 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.
What is the mission statement of Uncle Sam's Inc?
Uncle Sam's Inc, as an organization, is dedicated to providing very low rental housing for the elderly and disabled. They accomplish this by utilizing federally subsidized loans and rental assistance. The primary goal of Uncle Sam's Inc is to ensure that these vulnerable groups have access to affordable housing. In the current year, the organization managed an occupancy rate of 82%, while in 2014, they achieved an impressive 97% occupancy rate.
Who is the CEO of Uncle Sam's Inc?
Frank Shults is the President of Uncle Sam's Inc.
What is the revenue of Uncle Sam's Inc?
Uncle Sam's Inc's revenue in 2022 was $82,554.
Who are the executives of Uncle Sam's Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990EZ for Uncle Sam's Inc?
Uncle Sam's Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Uncle Sam's Inc
Uncle Sam's Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and disabled. They achieve this mission through the use of federally subsidized loans and rental assistance. The organization prides itself on maintaining a high occupancy rate, currently at 82%, demonstrating their success in meeting the housing needs of their target population. Interestingly, Uncle Sam's Inc had an even higher occupancy rate in 2014, reaching an impressive 97%. This indicates their commitment to providing stable housing solutions over the years.
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Impact
October, 2024
Uncle Sam's Inc. plays a crucial role in providing affordable housing options for the elderly and disabled in Grinnell, IA. By leveraging federally subsidized loans and rental assistance, the organization ensures that some of the most vulnerable members of the community have access to very low rental housing. This commitment is reflected in its current occupancy rate of 82%, which illustrates its ongoing efforts to meet the housing needs of those it serves.
The organization's impact is particularly notable considering its previous occupancy peak of 97% in 2014, demonstrating both its capacity and the demand for affordable housing in the area. By maintaining a strong focus on accessibility, Uncle Sam's Inc. not only addresses immediate housing needs but also fosters a safe and supportive environment for its residents, addressing social isolation and promoting community engagement. Overall, Uncle Sam's Inc. significantly contributes to enhancing the quality of life for the elderly and disabled in the community.
This information is meant to be a general summary of Uncle Sam's 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: $37
- Program Service Revenue: $82,517
- Gross Receipts: $82,554
Assets and Liabilities:
- Total Assets: $259,380
- Total Liabilities: $494,676
- Net Assets: -$235,296
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Organization Details
Phone
(563) 432-6160Principal Officer
Frank Shults
Main Address
214 4TH AVE WEST, GRINNELL, IA, 50112
NTEE Category
Code: L20 - Housing
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