Overview
What is The Apartments Of River Trace Inc?
The Apartments of River Trace Inc is a nonprofit organization situated in Des Moines, Iowa. Their primary mission is to provide affordable housing for senior citizens with low income, adhering to the guidelines set by the U.S. Department of Housing and Urban Development (HUD). They manage one apartment building, offering individual leases to eligible individuals. The organization's purpose is to contribute positively to the community by offering suitable living spaces for senior citizens who require financial assistance.
Is The Apartments Of River Trace Inc legitimate?
The Apartments Of River Trace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Apartments Of River Trace 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: $65,417
For more financial information, click here
What is the mission statement of The Apartments Of River Trace Inc?
The Apartments of River Trace Inc. is dedicated to providing rental apartments for low-income senior citizens, adhering to the requirements set by the U.S. Department of Housing and Urban Development (HUD). Their mission is centered around offering housing solutions for elderly individuals with limited income. The corporation operates a single apartment building, following the guidelines of the HUD program to cater to this specific demographic. By doing so, The Apartments of River Trace Inc. contributes to ensuring that senior citizens with financial constraints have access to suitable living arrangements.
Who is the CEO of The Apartments Of River Trace Inc?
Terrance N Vorbrich is the Principal Officer of The Apartments Of River Trace Inc.
What is the revenue of The Apartments Of River Trace Inc?
The Apartments Of River Trace Inc's revenue in 2022 was $265,393.
Who are the executives of The Apartments Of River Trace Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Apartments Of River Trace Inc?
The Apartments Of River Trace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Apartments Of River Trace Inc
The Apartments of River Trace Inc, as a nonprofit organization, is committed to providing rental apartments to low-income senior citizens. This mission aligns with the applicable requirements set by the U.S. Department of Housing and Urban Development (HUD). The corporation's primary goal is to ensure that elderly individuals who fall under the low-income category have access to affordable housing, thereby enhancing their quality of life. By adhering to HUD program requirements, The Apartments of River Trace Inc contributes to the well-being of the senior community, offering them a safe and comfortable living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Apartments of River Trace Inc. plays a crucial role in providing affordable housing options for low-income senior citizens in Des Moines, Iowa. By leasing individual apartments in its dedicated building, it addresses the specific needs of this vulnerable population, ensuring they have safe and stable living conditions that comply with U.S. Department of Housing and Urban Development (HUD) program requirements.
This initiative not only helps alleviate housing instability among elderly residents but also fosters a sense of community, enabling seniors to live independently while surrounded by their peers. The Apartments of River Trace Inc. positively impacts the local community by contributing to the well-being of its senior citizens, enhancing their quality of life and promoting dignity as they navigate their later years.
This information is meant to be a general summary of The Apartments Of River Trace 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.
- Investment Income: $101
- Program Service Revenue: $134,054
- Gross Receipts: $265,393
Assets and Liabilities:
- Total Assets: $1,564,742
- Total Liabilities: $2,406,397
- Net Assets: -$841,655
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$134,054
Organization Details
Founding Year
2000
Phone
(515) 288-4398Principal Officer
Terrance N Vorbrich
Main Address
1717 SIXTH AVENUE, DES MOINES, IA, 50314
NTEE Category
Code: L22 - Housing
If you are a representative of The Apartments Of River Trace Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.