Overview
What is Council Apartments Ii Inc?
Council Apartments II Inc. is a nonprofit organization situated in University City, Missouri. Their primary mission is to maintain and operate an apartment complex specifically designed for elderly individuals, subsidized by the Department of Housing and Urban Development under Section 202 of the National Housing Act. The organization's primary goal is to provide a high-quality living environment and services, enabling lower-income elderly adults to live independently. Moreover, they aim to create engaging programming that encourages both residents and the broader senior community to maintain an active and healthy lifestyle.
Official website here: www.crowncenterstl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Council Apartments II Inc has achieved an impressive score of 96%, earning it a Four-Star rating from Charity Navigator, which reflects a strong commitment to accountability and finance. The organization's overall score is derived from a single beacon score, with a heavy emphasis on financial practices. The rating highlights that the organization has no material diversion of assets and maintains a high program expense ratio of 84.44%, indicating effective use of funds towards its mission.
The nonprofit demonstrates robust governance with a fully independent board, achieving 100% independent board members and an adequate size of 20 members. This governance structure, coupled with a well-established audit and oversight committee, underscores the organization's commitment to transparency and ethical practices. Furthermore, it has implemented essential policies such as conflict of interest, whistleblower, and document retention policies, all of which contribute to its high accountability scores.
While the data reflects a strong financial standing and governance, the summary does not indicate any limitations or areas of concern. Overall, Council Apartments II Inc stands out as a financially responsible organization with strong operational practices, making it a trustworthy option for donors looking to support a nonprofit with a solid record of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Council Apartments Ii Inc legitimate?
Council Apartments Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Apartments Ii 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: $419,524
For more financial information, click here
Official website here: www.crowncenterstl.org
What is the mission statement of Council Apartments Ii Inc?
Council Apartments II Inc's mission is centered around providing high-quality living and services for lower-income older adult residents residing in managed apartment buildings. The primary goal is to facilitate their independent living. Additionally, the organization creates inspiring programming to encourage an active and healthy lifestyle not only for the residents but also for the senior community at large. The mission aim is to enhance the living experiences and well-being of these individuals, fostering a vibrant and healthy community.
Official website here: www.crowncenterstl.org
What is the revenue of Council Apartments Ii Inc?
Council Apartments Ii Inc's revenue in 2024 was $1,576,502.
Official website here: www.crowncenterstl.org
Who are the executives of Council Apartments Ii Inc and what are their salaries?
There 23 volunteers at Council Apartments Ii Inc.
Here are 24 key members and their salaries:
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- Related: $185,000
- Other: $5,550
Official website here: www.crowncenterstl.org
Where can I find the form 990 for Council Apartments Ii Inc?
Council Apartments Ii Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.crowncenterstl.org
Learn more at the official website: www.crowncenterstl.org
Mission Statement of Council Apartments Ii Inc
Council Apartments II Inc is committed to providing high-quality living and services that empower lower-income older adult residents in managed apartment buildings to thrive independently. The organization strives to create inspiring programming that encourages both residents and community seniors to maintain an active and healthy lifestyle. By continually maintaining and operating an apartment complex under Section 202 of the National Housing Act, Council Apartments II Inc aims to make a substantial impact in the lives of its residents, offering them a supportive environment to flourish.
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Impact
July, 2024
Council Apartments II Inc's impact is centered around providing high-quality living and services to enable lower-income older adult residents of the managed apartment buildings to flourish independently. They also create inspiring programming to help both residents and community seniors maintain an active and healthy lifestyle. Their continuous maintenance and operation of an apartment complex for elderly individuals in University City, Missouri, subsidized by a contract with the Department of Housing and Urban Development, serves as a vital resource for ensuring affordable housing and supportive services in the community.
This information is meant to be a general summary of Council Apartments Ii 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 2024.
- Investment Income: $52,319
- Program Service Revenue: $437,282
- Gross Receipts: $1,576,502
Assets and Liabilities:
- Total Assets: $6,499,761
- Total Liabilities: $362,258
- Net Assets: $6,137,503
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT AND CHARGE
Revenue
$437,282
Organization Details
Founding Year
1991
Principal Officer
Andrew Thorp
Website
www.crowncenterstl.orgNTEE Category
Code: L20Z - Housing
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