Overview
What is Corinthian Gardens Inc?
Corinthian Gardens Inc is a supporting organization affiliated with the Corinthian Baptist Church, located in West Des Moines, Iowa. Their primary mission is to offer affordable housing for senior citizens of modest means. In 2016, they sold the property they owned to Corinthian Gardens Associates, LP, which then underwent substantial rehabilitation to meet the affordable housing program requirements under IRC Section 42. Corinthian Gardens, Inc. continues to serve as the sole member of Corinthian Gardens GP, LLC, the general partner of Corinthian Gardens Associates, LP. The organization's mission is to provide objective and independent leadership, helping to meet the physical, social, and emotional needs of low-income elderly or disabled persons through the development of service facilities and programs. They work with various public and private agencies to extend these services to those in need, offering low-income affordable housing for eligible individuals and coordinating programs for their welfare, focusing on rehabilitation, therapy, health, and wellness.
Is Corinthian Gardens Inc legitimate?
Corinthian Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corinthian Gardens 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:
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What is the mission statement of Corinthian Gardens Inc?
Corinthian Gardens Inc's mission is centered around providing assistance to low-income elderly and disabled individuals. The organization aims to offer objective and independent leadership in addressing their physical, social, and emotional needs. This is achieved through the development of suitable service facilities and programs. Corinthian Gardens Inc collaborates with various national, state, and local agencies, organizations, and institutions to extend these services further. They also provide affordable housing for those in need, who cannot afford adequate housing on their own. Additionally, the organization develops, coordinates, and administers programs focusing on rehabilitation, therapy, health, and welfare, helping these individuals adjust to their surroundings.
Who is the CEO of Corinthian Gardens Inc?
Rev Sarai Schnucker Rice is the Director of Corinthian Gardens Inc.
What is the revenue of Corinthian Gardens Inc?
Corinthian Gardens Inc's revenue in 2022 was $18,263.
Who are the executives of Corinthian Gardens Inc and what are their salaries?
There 11 volunteers at Corinthian Gardens Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Corinthian Gardens Inc?
Corinthian Gardens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corinthian Gardens Inc
Corinthian Gardens Inc, a nonprofit organization, is dedicated to providing low-income housing for the elderly and physically or visually impaired individuals. Its mission is multifaceted and aims to meet the physical, social, and emotional needs of these vulnerable individuals. To achieve this, Corinthian Gardens Inc develops service facilities and programs that are appropriate for their usage. The organization works in collaboration with various public and private national, state, and local agencies, organizations, and institutions to extend these services further.
One of the key objectives of Corinthian Gardens Inc is to provide low-income, affordable housing for individuals who lack the means to secure adequate housing for themselves. The organization is committed to completing and performing any necessary actions to ensure the successful conduct of an affordable housing program. In addition, Corinthian Gardens Inc develops, coordinates, and administers programs for low-income elderly and/or disabled persons, focusing on rehabilitation, therapy, health, and welfare. This approach aims to assist them in adjusting to themselves and their environment.
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Impact
October, 2024
Corinthian Gardens Inc significantly impacts the community by providing low-income housing specifically designed for elderly individuals and those who are physically or visually impaired. By focusing on this vulnerable demographic, the organization addresses critical housing shortages and ensures that seniors of modest means have access to affordable, quality living spaces.
The organization collaborates with the Corinthian Baptist Church to uphold its mission, working not only to deliver housing but also to meet the physical, social, and emotional needs of its residents. This holistic approach includes the development of service facilities and programs that cater directly to the unique requirements of low-income elderly and disabled persons.
Through its strategic sale of land and property to Corinthian Gardens Associates, L.P., the organization has facilitated substantial rehabilitation of housing under the Affordable Housing Program. This partnership exemplifies a commitment to enhancing living conditions for seniors, ensuring that they live in dignity and comfort.
By partnering with various public and private entities, Corinthian Gardens Inc is instrumental in extending crucial services that promote the welfare of the elderly and disabled in Iowa. Its proactive stance fosters a supportive environment where these individuals can thrive, adjust to their circumstances, and maintain a quality life despite their challenges.
This information is meant to be a general summary of Corinthian Gardens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $18,263
- Gross Receipts: $18,263
Assets and Liabilities:
- Total Assets: $766,744
- Total Liabilities: $0
- Net Assets: $766,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEV. FEES - HOUSING PROJECT
Revenue
$18,263
Organization Details
Founding Year
1986
Phone
(515) 243-5823Principal Officer
Rev Sarai Schnucker Rice
Main Address
3408 WOODLAND AVENUE SUITE 504, WEST DES MOINES, IA, 50266
NTEE Category
Code: L20 - Housing
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