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Grand Marais Apartments Incorporated

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

EIN: 416168268 ✦ Fargo, ND ✦ Designated as a 501(c)(4)

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Overview

What is Grand Marais Apartments Incorporated?

Grand Marais Apartments Incorporated is a nonprofit organization, situated in Fargo, North Dakota, specifically at 4444 Carrie Rose Lane, 58104. Their primary mission is to provide and operate rental housing units that cater to the unique needs and living requirements of eligible occupants, as per the U.S. Department's standards. This organization aims to acquire and construct facilities that are tailored to these specific needs, with a focus on offering a suitable living environment.

Is Grand Marais Apartments Incorporated legitimate?

Grand Marais Apartments Incorporated is a legitimate nonprofit organization registered as a 501(c)(4) entity. Grand Marais Apartments Incorporated 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: $7,930

For more financial information, click here

What is the mission statement of Grand Marais Apartments Incorporated?

Grand Marais Apartments Incorporated's mission is centered around acquiring, constructing, providing, and operating rental housing and related facilities that cater to the unique needs and living requirements of eligible occupants. This determination is made according to the guidelines set by the U.S. Department. The organization has provided 16 rental units in Grand Marais that are specifically designed to meet the special needs of these eligible tenants. The primary goal is to ensure that these individuals have access to suitable housing accommodations.

Who is the CEO of Grand Marais Apartments Incorporated?

Kevin Mackey is the Chair of Grand Marais Apartments Incorporated.

What is the revenue of Grand Marais Apartments Incorporated?

Grand Marais Apartments Incorporated's revenue in 2022 was $92,914.

Who are the executives of Grand Marais Apartments Incorporated and what are their salaries?


Here are 4 key members and their salaries:


Rhonda Schulte (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mackey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Petz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Spry (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grand Marais Apartments Incorporated?

Grand Marais Apartments Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grand Marais Apartments Incorporated

Grand Marais Apartments Incorporated is committed to acquiring, constructing, providing, and operating rental housing and related facilities that cater to the unique needs and living requirements of eligible occupants, as determined by the U.S. Department. The organization's mission is centered around providing suitable housing solutions for individuals with specific requirements, ensuring they have access to comfortable and suitable living spaces. By doing so, Grand Marais Apartments Incorporated contributes to enhancing the living conditions of its residents, thereby promoting their overall well-being. The organization has provided 16 rental units in Grand Marais, demonstrating its dedication to fulfilling this mission and meeting the needs of its eligible occupants.

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Impact




October, 2024

Grand Marais Apartments Incorporated significantly impacts the community by providing 16 rental housing units tailored to the specific needs of eligible occupants. Located in Fargo, North Dakota, the organization focuses on acquiring, constructing, and operating facilities that meet the special living requirements of individuals as determined by U.S. Department guidelines. This initiative not only addresses the critical need for accessible housing but also enhances the quality of life for residents, fostering stability and independence in their living situations. By prioritizing the unique needs of individuals, Grand Marais Apartments contributes to a more inclusive community, ensuring that all residents have access to safe and suitable housing options.




This information is meant to be a general summary of Grand Marais Apartments Incorporated. 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
$92,914 (2022)
Expenses
$89,418 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $229
  • Program Service Revenue: $92,685
  • Gross Receipts: $92,914

Assets and Liabilities:

  • Total Assets: $160,942
  • Total Liabilities: $313,244
  • Net Assets: -$152,302

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Programs

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

RENTAL

Revenue

$92,685

Organization Details

Founding Year

1974

Principal Officer

Kevin Mackey

Main Address

4444 CARRIE ROSE LN, FARGO, ND, 58104

NTEE Category

Code: L22 - Housing

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