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Campbell Apartments Inc

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

EIN: 455043866 ✦ King, NC ✦ Designated as a 501(c)(3)

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Overview

What is Campbell Apartments Inc?

Campbell Apartments Inc is a nonprofit organization based in King, North Carolina. Their primary focus is on providing affordable housing for individuals with disabilities, specifically for the elderly population. Operating a Section 811 apartment complex, they are committed to making housing accessible and inclusive for this group. Their mission encompasses the provision of low-income housing, ensuring that those with disabilities have a secure living environment.


Official website here: www.nchsm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Campbell Apartments Inc has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health. This rating is derived solely from its Accountability & Finance score, which highlights the organization's commitment to responsible financial practices. Notably, the organization has achieved a perfect score for its independent board composition and the absence of material diversion of assets, reflecting strong governance.

However, there are significant areas for improvement, as the organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions could pose risks to the organization's integrity and transparency. Furthermore, while its program expense ratio is commendably high at 95.83%, suggesting that a large portion of its funding is utilized for its programs, the absence of broader metrics related to leadership, community impact, and adaptability means that stakeholders may not have a complete view of the organization’s effectiveness.

Overall, while Campbell Apartments Inc demonstrates strong financial accountability, it should address the gaps in its governance policies to enhance its operational transparency and ensure the trust of its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Campbell Apartments Inc legitimate?

Campbell Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Campbell 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: $0

For more financial information, click here


Official website here: www.nchsm.org

What is the mission statement of Campbell Apartments Inc?

Campbell Apartments Inc is dedicated to providing low-income housing opportunities. Specifically, the organization focuses on accommodating individuals with disabilities. This is achieved through the operation of a Section 811 apartment complex, which offers housing for such individuals. The mission of Campbell Apartments Inc is to ensure that these individuals have access to suitable living accommodations, thereby enhancing their quality of life.


Official website here: www.nchsm.org

Who is the CEO of Campbell Apartments Inc?

Garry Merritt is the President of Campbell Apartments Inc.


Official website here: www.nchsm.org

What is the revenue of Campbell Apartments Inc?

Campbell Apartments Inc's revenue in 2022 was $79,438.


Official website here: www.nchsm.org

Who are the executives of Campbell Apartments Inc and what are their salaries?

There 8 volunteers at Campbell Apartments Inc.


Here are 8 key members and their salaries:


Garry Merritt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Colter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Holt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Kiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Redding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horace Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nchsm.org

Where can I find the form 990 for Campbell Apartments Inc?

Campbell Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nchsm.org

Learn more at the official website: www.nchsm.org

Mission Statement of Campbell Apartments Inc

Campbell Apartments Inc, a nonprofit organization, is dedicated to providing low-income housing for individuals with disabilities. Their mission is to create an inclusive living environment where these individuals can thrive. The organization operates a Section 811 apartment complex, specifically designed for low-income persons with disabilities, ensuring they have access to safe, affordable, and suitable housing options. By offering such housing, Campbell Apartments Inc is contributing significantly to enhancing the quality of life for individuals with disabilities, enabling them to live with dignity and independence.

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Impact




August, 2024

Campbell Apartments Inc's impact is focused on providing low-income housing for the elderly and persons with disabilities through the operation of a Section 811 apartment complex in King, North Carolina. Their mission is centered around offering affordable and accessible housing options for individuals who may face financial challenges or disabilities. By fulfilling this important need, Campbell Apartments Inc positively impacts the lives of vulnerable populations by ensuring they have a safe and comfortable place to call home.




This information is meant to be a general summary of Campbell 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
$79,438 (2022)
Expenses
$122,542 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Program Service Revenue: $44,373
  • Gross Receipts: $79,438

Assets and Liabilities:

  • Total Assets: $1,483,607
  • Total Liabilities: $17,912
  • Net Assets: $1,465,695

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$43,896

TENANT CHARGES

Revenue

$477

Organization Details

Founding Year

2012

Principal Officer

Garry Merritt

Main Address

PO BOX 1194, KING, NC, 27021

NTEE Category

Code: L20 - Housing

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