Overview
What is Tipton Senior Park Inc?
Tipton Senior Park Inc is a nonprofit corporation situated in Independence, Iowa, dedicated to addressing the housing needs of elderly individuals with modest or low incomes. Their primary mission involves acquiring, constructing, and managing rental properties and associated facilities to cater to the living requirements of this demographic. By doing so, they help provide affordable housing options for rural seniors, thereby enhancing their quality of life.
Is Tipton Senior Park Inc legitimate?
Tipton Senior Park Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tipton Senior Park 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: $14,842
For more financial information, click here
What is the mission statement of Tipton Senior Park Inc?
Tipton Senior Park Inc. is committed to fulfilling its mission by offering moderate and low-income housing for senior citizens. The corporation actively works towards the acquisition, construction, and operation of suitable rental properties and facilities, catering to the living needs of elderly individuals with limited financial means. By providing such housing, Tipton Senior Park Inc. aims to enhance the quality of life for senior residents, ensuring they can live comfortably and with dignity.
Who is the CEO of Tipton Senior Park Inc?
Kimberly Regennitter is the President of Tipton Senior Park Inc.
What is the revenue of Tipton Senior Park Inc?
Tipton Senior Park Inc's revenue in 2022 was $223,376.
Who are the executives of Tipton Senior Park Inc and what are their salaries?
The average compensation at Tipton Senior Park Inc during 2022 was $14,842. There is 1 employee at Tipton Senior Park Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Tipton Senior Park Inc?
Tipton Senior Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tipton Senior Park Inc
Tipton Senior Park Inc, a nonprofit organization, is committed to fulfilling its mission by providing moderate and low-income senior housing. The corporation actively works towards acquiring, constructing, and operating rental properties and related facilities. This dedicated effort aims to cater to the living needs of elderly individuals with low or moderate income. By undertaking these tasks, Tipton Senior Park Inc strives to create an environment that suits the specific requirements of this demographic, thereby contributing to their overall well-being.
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Impact
October, 2024
Tipton Senior Park Inc plays a crucial role in enhancing the quality of life for moderate and low-income seniors in Independence, IA. By focusing on the acquisition, construction, and operation of affordable rental housing, the organization addresses the pressing need for safe and suitable living conditions among elderly rural residents. This commitment not only provides essential housing options but also fosters a sense of community and belonging for seniors, allowing them to maintain their independence while living in a supportive environment. Ultimately, Tipton Senior Park Inc significantly contributes to the well-being of its residents, ensuring they have access to the resources and facilities necessary for a dignified and fulfilling life.
This information is meant to be a general summary of Tipton Senior Park 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: $374
- Program Service Revenue: $216,573
- Gross Receipts: $223,376
Assets and Liabilities:
- Total Assets: $829,394
- Total Liabilities: $321,438
- Net Assets: $507,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$149,976
RENTAL ASSISTANCE
Revenue
$62,970
LAUNDRY
Revenue
$3,421
TENANT CHARGES
Revenue
$206
Organization Details
Founding Year
1974
Phone
(319) 334-7110Principal Officer
Kimberly Regennitter
Main Address
301 1ST STREET EAST, INDEPENDENCE, IA, 50644
NTEE Category
Code: L22 - Housing
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