Overview
What is Advance Senior Citizens Apartments Inc?
Advance Senior Citizens Apartments Inc is a nonprofit organization situated in Advance, Missouri. With a mission to cater to the needs of disabled, elderly, and low-to-moderate income residents, they offer one-bedroom apartments equipped with essential utilities, maintenance, and lawn care services. Their primary objective is to acquire, construct, provide, and operate rental housing, ensuring it meets the specific requirements of their target demographic. With a modest workforce of two individuals, they strive to enhance the living conditions and provide comfort for their residents.
Is Advance Senior Citizens Apartments Inc legitimate?
Advance Senior Citizens Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Advance Senior Citizens 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: $67,490
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What is the mission statement of Advance Senior Citizens Apartments Inc?
Advance Senior Citizens Apartments Inc is an organization dedicated to serving the needs of elderly and disabled individuals with low to moderate incomes. Their mission involves acquiring, constructing, providing, and operating rental housing suitable for this demographic. Their primary goal is to offer one-bedroom apartments for these residents, ensuring that utilities are included and maintenance and lawn care are taken care of. In essence, they strive to provide comfortable living spaces for this specific population group.
What is the revenue of Advance Senior Citizens Apartments Inc?
Advance Senior Citizens Apartments Inc's revenue in 2023 was $345,669.
Who are the executives of Advance Senior Citizens Apartments Inc and what are their salaries?
The average compensation at Advance Senior Citizens Apartments Inc during 2023 was $33,745. There are 2 employees at Advance Senior Citizens Apartments Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Advance Senior Citizens Apartments Inc?
Advance Senior Citizens Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Advance Senior Citizens Apartments Inc
Advance Senior Citizens Apartments Inc is committed to serving the needs of elderly and disabled individuals with low to moderate incomes. The organization's primary mission is to acquire, construct, provide, and operate rental housing that is specifically designed to cater to this demographic. By doing so, Advance Senior Citizens Apartments Inc aims to offer a living environment that is both suitable and accessible for its residents.
In order to achieve this mission, the nonprofit provides one-bedroom apartments that are equipped with utilities, as well as maintaining the property and taking care of the lawn. This not only ensures that the living conditions are comfortable but also alleviates any additional financial burden on the residents. By offering these amenities, Advance Senior Citizens Apartments Inc is able to provide a safe and secure living environment for its elderly and disabled residents, enabling them to live with dignity and independence.
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Impact
October, 2024
Advance Senior Citizens Apartments Inc significantly enhances the quality of life for elderly and disabled residents in Advance, MO, by providing affordable and accessible housing solutions. The organization focuses on acquiring, constructing, and managing rental housing specifically designed to meet the needs of low to moderate-income individuals. By offering one-bedroom apartments that include essential utilities, maintenance, and lawn care, it alleviates the financial burden on residents, allowing them to live independently and comfortably.
The impact extends beyond mere housing; it fosters a sense of community and belonging among seniors and disabled individuals who often face social isolation. By creating a supportive environment tailored for their needs, Advance Senior Citizens Apartments Inc contributes to the overall well-being, dignity, and independence of its residents, making a vital difference in their lives.
This information is meant to be a general summary of Advance Senior Citizens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,778
- Program Service Revenue: $340,891
- Gross Receipts: $345,669
Assets and Liabilities:
- Total Assets: $698,721
- Total Liabilities: $840,397
- Net Assets: -$141,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$340,891
Organization Details
Founding Year
1980
Principal Officer
David Harris
NTEE Category
Code: L22 - Housing
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