Ben-Nor Apartments Inc

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

EIN: 431106036 ✦ Farmington, MO ✦ Designated as a 501(c)(4)

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Overview

What is Ben-Nor Apartments Inc?

Ben-Nor Apartments Inc, situated in Farmington, Missouri, is a nonprofit organization dedicated to providing affordable housing opportunities for approximately 120 low-income senior or disabled individuals. Their mission is centered around offering housing solutions for those who may face challenges related to age or disability. With a team of three employees, Ben-Nor Apartments Inc is committed to enhancing the living situations of this specific population, contributing positively to their community.

Is Ben-Nor Apartments Inc legitimate?

Ben-Nor Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Ben-Nor Apartments 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: $106,582

For more financial information, click here

What is the mission statement of Ben-Nor Apartments Inc?

Ben-Nor Apartments Inc is committed to providing housing for individuals who fall under the categories of low income seniors and individuals with disabilities or handicaps. This mission is carried out through the provision of affordable housing facilities. As of now, the organization has successfully housed approximately 120 such individuals. The primary goal of Ben-Nor Apartments Inc is to cater to the housing needs of this specific demographic, ensuring they have a secure and comfortable living environment.

Who is the CEO of Ben-Nor Apartments Inc?

E Eileen Wright is the Manager of Ben-Nor Apartments Inc.

What is the revenue of Ben-Nor Apartments Inc?

Ben-Nor Apartments Inc's revenue in 2023 was $485,187.

Who are the executives of Ben-Nor Apartments Inc and what are their salaries?

The average compensation at Ben-Nor Apartments Inc during 2023 was $35,527. There are 3 employees at Ben-Nor Apartments Inc.


Here are 5 key members and their salaries:


E Eileen Wright (Manager)
  • Compensation: $44,204
  • Related: $0
  • Other: $0
John Pipkin (Treasurer)
  • Compensation: $37,313
  • Related: $0
  • Other: $0
Susan Faenger (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velma Harper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Pritchett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ben-Nor Apartments Inc?

Ben-Nor Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ben-Nor Apartments Inc

Ben-Nor Apartments Inc is dedicated to providing housing for individuals who fall under the categories of low income, senior citizens, and those with disabilities or handicaps. This nonprofit organization's mission is centered around ensuring that these vulnerable groups have access to suitable living arrangements. By offering affordable housing, Ben-Nor Apartments Inc plays a significant role in providing a safe and comfortable living environment for approximately 120 clients. This commitment to social responsibility is a testament to the organization's dedication to supporting those who may otherwise struggle to find adequate housing options.

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Impact




October, 2024

Ben-Nor Apartments Inc significantly enhances the quality of life for low-income seniors and handicapped or disabled individuals in Farmington, MO. By providing affordable housing, the organization serves approximately 120 clients, addressing a critical need for accessible living spaces in the community. The impact is profound, as secure and stable housing allows these individuals to maintain their independence, improve their overall well-being, and foster a sense of community. The commitment to equitable housing helps mitigate homelessness and offers a supportive environment for those who may face challenges due to their financial situation or disabilities. Through its mission, Ben-Nor Apartments Inc creates a vital resource that contributes to the social fabric of the community and promotes dignity and respect for some of its most vulnerable members.




This information is meant to be a general summary of Ben-Nor Apartments 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
$485,187 (2023)
Expenses
$525,650 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,926
  • Program Service Revenue: $463,789
  • Gross Receipts: $486,706

Assets and Liabilities:

  • Total Assets: $1,576,841
  • Total Liabilities: $735,935
  • Net Assets: $840,906

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT

Revenue

$406,678

RENTAL ASSISTANCE

Revenue

$28,372

A/C AND FREEZER RECEIPTS

Revenue

$15,437

OVERAGE

Revenue

$9,595

LAUNDRY RECEIPTS

Revenue

$3,707

Organization Details

Founding Year

1977

Principal Officer

E Eileen Wright

Main Address

800 E LIBERTY, FARMINGTON, MO, 63640

NTEE Category

Code: L22 - Housing

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