Aplington Community Senior Citizens Housing Inc

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

EIN: 421076201 ✦ Algona, IA ✦ Designated as a 501(c)(4)

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Overview

What is Aplington Community Senior Citizens Housing Inc?

Aplington Community Senior Citizens Housing Inc is a charitable organization situated in Aplington. Its primary mission is to offer affordable housing options for the elderly, disabled, and families in need. The rent is calculated based on 30% of the tenant's annual adjusted income, and the USDA/Rural Development covers the remaining costs, ensuring that a total of twelve families have secure and comfortable residences. This nonprofit serves as a vital resource in the community, providing affordable housing solutions that cater to various demographic groups.

Is Aplington Community Senior Citizens Housing Inc legitimate?

Aplington Community Senior Citizens Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Aplington Community Senior Citizens Housing 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 Aplington Community Senior Citizens Housing Inc?

Aplington Community Senior Citizens Housing Inc is committed to providing affordable housing for the elderly, disabled, and families. Their mission is to offer safe and comfortable living spaces at reasonable rents. The rent is calculated as 30% of the applicant's yearly adjusted income, with the remaining cost being subsidized by USDA/Rural Development. This arrangement has enabled twelve families to secure a home within their means. The organization's goal is to contribute positively to the community by making housing accessible to those in need.

Who is the CEO of Aplington Community Senior Citizens Housing Inc?

Larry Bolhuis is the President of Aplington Community Senior Citizens Housing Inc.

What is the revenue of Aplington Community Senior Citizens Housing Inc?

Aplington Community Senior Citizens Housing Inc's revenue in 2022 was $52,496.

Who are the executives of Aplington Community Senior Citizens Housing Inc and what are their salaries?


Here are 3 key members and their salaries:


Larry Bolhuis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Weber (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schipper (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Aplington Community Senior Citizens Housing Inc?

Aplington Community Senior Citizens Housing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Aplington Community Senior Citizens Housing Inc

Aplington Community Senior Citizens Housing Inc is committed to providing affordable living accommodations for the elderly, disabled, and families in need. Their mission is threefold: firstly, to offer safe and comfortable housing at a reasonable cost; secondly, this cost is determined by calculating 30% of the applicant's yearly adjusted income; and thirdly, the remaining cost is subsidized by the USDA/Rural Development. This strategic arrangement has successfully found homes for twelve families within their community.

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Impact




October, 2024

Aplington Community Senior Citizens Housing Inc significantly impacts the lives of elderly, disabled individuals, and families by offering low-rent housing options in Aplington. Its commitment to providing affordable accommodation ensures that residents pay rent determined by just 30% of their yearly adjusted income, making housing more accessible. The partnership with USDA/Rural Development to subsidize remaining costs enables twelve families to secure safe and comfortable homes. This initiative not only alleviates financial burdens but also fosters a sense of community and stability among residents, ultimately contributing to their overall well-being and quality of life.




This information is meant to be a general summary of Aplington Community Senior Citizens Housing 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
$52,496 (2022)
Expenses
$46,069 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31
  • Program Service Revenue: $48,240
  • Gross Receipts: $52,496

Assets and Liabilities:

  • Total Assets: $145,769
  • Total Liabilities: $40,474
  • Net Assets: $105,295

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Organization Details

Principal Officer

Larry Bolhuis

Main Address

PO Box 476, Algona, IA, 50511

NTEE Category

Code: L22 - Housing

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