Belmond Community Apartments Inc

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

EIN: 421022159 ✦ Belmond, IA ✦ Designated as a 501(c)(4)

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Overview

What is Belmond Community Apartments Inc?

Belmond Community Apartments Inc is a nonprofit organization situated in Belmond, Iowa. Their primary mission is to offer affordable and comfortable housing solutions to elderly families within the community. This is achieved through renting out apartments, utilizing various programs to facilitate this process. The organization's purpose is to cater to the needs of its elderly residents, ensuring they have a suitable living environment.

Is Belmond Community Apartments Inc legitimate?

Belmond Community Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Belmond Community 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 Belmond Community Apartments Inc?

The mission of Belmond Community Apartments Inc, as reflected in its activities and description, is centered around providing suitable housing solutions. Specifically, it aims to offer affordable and comfortable apartments to elderly families. The organization's primary objective is to ensure that elderly families have access to suitable living spaces, thereby enhancing their quality of life. Through its rental programs, Belmond Community Apartments Inc fulfills its mission, providing a vital service in its community.

Who is the CEO of Belmond Community Apartments Inc?

Joseph Griffioen is the President of Belmond Community Apartments Inc.

What is the revenue of Belmond Community Apartments Inc?

Belmond Community Apartments Inc's revenue in 2023 was $638,898.

Who are the executives of Belmond Community Apartments Inc and what are their salaries?

There are 4 employees and 15 volunteers at Belmond Community Apartments Inc.


Here are 4 key members and their salaries:


Joseph Griffioen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Statlander (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Basener (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Seely (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Belmond Community Apartments Inc?

Belmond Community Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Belmond Community Apartments Inc

Belmond Community Apartments Inc, a nonprofit organization, is dedicated to providing comfortable and affordable housing options for elderly families. Its mission is centered around offering apartments as a solution, making life easier for this specific demographic in need. The community's purpose is to create a welcoming environment where elderly families can reside, ensuring their living conditions are both convenient and suitable. The organization operationalizes this mission by managing rental apartments, providing elderly families with a place they can call home.

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Impact




October, 2024

Belmond Community Apartments Inc significantly enhances the quality of life for elderly families in Belmond, IA, by offering affordable and comfortable housing options. By providing rental apartments specifically tailored for seniors, the organization addresses a crucial need for accessible living spaces, enabling residents to maintain their independence while enjoying a supportive community environment.

The impact of this initiative is profound; it not only alleviates housing insecurity among the elderly but also fosters a sense of belonging and community among residents. Moreover, the programs associated with the apartments further ensure that older adults have a place to call home, helping them to thrive in a secure and nurturing setting. Overall, Belmond Community Apartments Inc plays a vital role in enhancing the well-being and stability of elderly families in the area.




This information is meant to be a general summary of Belmond Community 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
$638,898 (2023)
Expenses
$651,333 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,931
  • Program Service Revenue: $636,967
  • Gross Receipts: $638,898

Assets and Liabilities:

  • Total Assets: $2,569,827
  • Total Liabilities: $192,223
  • Net Assets: $2,377,604

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Programs

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

RENT INCOME

Revenue

$518,624

RENT FROM GOV'T AGENCIES

Revenue

$85,460

MISCELLANEOUS

Revenue

$32,883

Organization Details

Founding Year

1975

Principal Officer

Joseph Griffioen

Main Address

116 LUICKS LANE N, BELMOND, IA, 50421

NTEE Category

Code: L22 - Housing

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