Sumac Trail Apartments Inc

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

EIN: 391915496 ✦ Superior, WI ✦ Designated as a 501(c)(3)

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Overview

What is Sumac Trail Apartments Inc?

Sumac Trail Apartments Inc is a non-profit organization, based in Superior, Wisconsin, that specializes in providing affordable housing for individuals with chronic mental illnesses. By offering subsidized units, the organization aims to enable these individuals to live independently in the community. Notably, the organization's mission aligns with the charitable works and teachings of the Roman Catholic Church, ensuring its activities are carried out in accordance with Catholic Social teachings. In essence, Sumac Trail Apartments Inc is dedicated to creating safe, affordable homes for people with disabilities, enhancing their quality of life and promoting independent living.


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)

Sumac Trail Apartments Inc has received an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The organization has scored exceptionally well across various categories, particularly for having a fully independent board and no material diversion of assets, which reflects its commitment to ethical governance and financial integrity.

The nonprofit's fiscal responsibility is evident with a program expense ratio of 81.66%, indicating that a significant portion of its resources is directed towards its core mission. Furthermore, its financial liabilities are low at just 10.55% of assets, suggesting sound financial management and stability. The charity also maintains robust policies, including conflict of interest and whistleblower protections, which contribute to its transparent operational framework.

While the rating is significantly positive, the summary does not indicate any specific weaknesses or areas needing improvement. Overall, Sumac Trail Apartments Inc demonstrates a strong and accountable approach to its operations, making it a reliable choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Sumac Trail Apartments Inc legitimate?

Sumac Trail Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sumac Trail 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: $7,332

For more financial information, click here


Official website here: www.ccbsuperior.org

What is the mission statement of Sumac Trail Apartments Inc?

Sumac Trail Apartments Inc is dedicated to providing safe and affordable housing for individuals with disabilities, particularly those suffering from chronic mental illness. This mission aligns with the charitable works and traditions of the Roman Catholic Church, and is guided by Catholic Social teachings. The organization aims to help these individuals live independently in the community, offering 6 units of subsidized housing as a part of its efforts. By doing so, Sumac Trail Apartments Inc contributes to creating homes and improving the quality of life for those in need.


Official website here: www.ccbsuperior.org

Who is the CEO of Sumac Trail Apartments Inc?

Alan Rock is the Principal Officer of Sumac Trail Apartments Inc.


Official website here: www.ccbsuperior.org

What is the revenue of Sumac Trail Apartments Inc?

Sumac Trail Apartments Inc's revenue in 2022 was $44,334.


Official website here: www.ccbsuperior.org

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

There 5 volunteers at Sumac Trail Apartments Inc.


Here are 5 key members and their salaries:


Dale Johnson (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Urbaniak (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Moran (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Welch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Rotondi (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccbsuperior.org

Where can I find the form 990 for Sumac Trail Apartments Inc?

Sumac Trail Apartments 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 Sumac Trail Apartments Inc

Sumac Trail Apartments Inc, a nonprofit organization rooted in the teachings of the Roman Catholic Church, is committed to creating homes for persons with disabilities, specifically for those battling chronic mental illness. Operating under the principles of Catholic Social teachings, the organization strives to provide safe and affordable housing opportunities, enabling individuals to live independently within their communities. By offering subsidized housing for six units, Sumac Trail Apartments Inc enables these individuals to lead more independent lives, fostering a sense of dignity and self-sufficiency. The mission of Sumac Trail Apartments Inc is to offer a sanctuary for those in need, providing them with a stable home and a supportive environment where they can rebuild their lives.

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Impact




June, 2024

Sumac Trail Apartments Inc's impact is specifically focused on providing subsidized housing for low-income individuals with chronic mental illness. Their work involves offering 6 units of subsidized housing in SUPERIOR, WI, enabling chronically mentally ill individuals to live independently within the community. By creating safe and affordable housing opportunities in line with the charitable works and traditions of the Roman Catholic Church, Sumac Trail Apartments Inc is actively supporting individuals with disabilities, in accordance with Catholic Social teachings. Their commitment to promoting mental health through this housing initiative is significant in improving the quality of life for those they serve.




This information is meant to be a general summary of Sumac Trail 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
$44,334 (2022)
Expenses
$40,012 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $51
  • Program Service Revenue: $21,786
  • Gross Receipts: $44,334

Assets and Liabilities:

  • Total Assets: $327,076
  • Total Liabilities: $40,834
  • Net Assets: $286,242

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Programs

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

Tenant Fees

Revenue

$21,786

Organization Details

Founding Year

2003

Principal Officer

Alan Rock

Main Address

1416 Cumming Ave, Superior, WI, 54880

NTEE Category

Code: F00 - Mental health

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