Town Apartments Corporation

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

EIN: 421069892 ✦ Algona, IA ✦ Designated as a 501(c)(4)

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Overview

What is Town Apartments Corporation?

Town Apartments Corporation is a nonprofit organization situated in Algona, Iowa. Their primary purpose is to offer affordable housing options for the elderly, disabled, and families who require assistance. Committed to serving those in need, the corporation provides low-rent properties in Gilman, ensuring that these populations have access to suitable living spaces. The organization's mission extends beyond just providing housing, as they focus on making a positive impact in the community by offering affordable living options.

Is Town Apartments Corporation legitimate?

Town Apartments Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Town Apartments Corporation 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 Town Apartments Corporation?

Town Apartments Corporation's mission is centered around providing affordable housing options for the elderly, disabled, and families in need. Their primary objective is to cater to these vulnerable populations, offering them housing at reasonable prices. The corporation's programs are designed to serve these groups, currently operating in various locations, with Algona, IA, being one of them.

Who is the CEO of Town Apartments Corporation?

Kim Hulin is the President of Town Apartments Corporation.

What is the revenue of Town Apartments Corporation?

Town Apartments Corporation's revenue in 2022 was $129,237.

Who are the executives of Town Apartments Corporation and what are their salaries?


Here are 3 key members and their salaries:


Kim Hulin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Patterson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Johnson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Town Apartments Corporation?

Town Apartments Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Town Apartments Corporation

Town Apartments Corporation is committed to providing affordable living options for the elderly, disabled, and families in need of assistance. This nonprofit organization, located in Algona, Iowa, has a mission to serve these populations effectively. By offering low-rent housing, Town Apartments Corporation aims to make a positive impact on the lives of those who are most vulnerable. The corporation's programs are specifically designed to cater to the needs of these populations, ensuring that they have access to safe and affordable housing.

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Impact




October, 2024

Town Apartments Corporation plays a significant role in the community by providing low-rent housing options specifically designed for the elderly, disabled, and families in Gilman. By focusing on affordable living solutions, they address a critical need for individuals and families who may struggle to find safe and secure housing.

Located in Algona, IA, Town Apartments Corporation ensures that vulnerable populations have access to stable housing, which can lead to improved quality of life and enhanced community well-being. Their mission emphasizes inclusivity and support, helping to alleviate the financial burden on those who require assistance. Through their programs, they create a welcoming environment that fosters independence and dignity for their residents, making a lasting positive impact on the community as a whole.




This information is meant to be a general summary of Town Apartments Corporation. 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
$129,237 (2022)
Expenses
$117,317 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $329
  • Program Service Revenue: $124,675
  • Gross Receipts: $129,237

Assets and Liabilities:

  • Total Assets: $231,112
  • Total Liabilities: $68,759
  • Net Assets: $162,353

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Organization Details

Principal Officer

Kim Hulin

Main Address

PO Box 476, Algona, IA, 50511

NTEE Category

Code: L22 - Housing

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