Overview
What is Townhouse Apartments Inc?
Townhouse Apartments Inc is a nonprofit organization situated in Alcester, South Dakota. Their primary mission is to offer housing opportunities for the elderly and individuals with lower income, with a specific focus on rural South Dakota residents. The organization, with a team of just two dedicated individuals, works tirelessly to provide suitable housing solutions for this demographic. They strive to make a positive impact on the community by ensuring that elderly individuals and those with financial constraints have access to safe and comfortable living spaces.
Is Townhouse Apartments Inc legitimate?
Townhouse Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Townhouse 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: $31,798
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What is the mission statement of Townhouse Apartments Inc?
Townhouse Apartments Inc has a mission to offer housing solutions for elderly individuals and those with lower income, with a specific focus on rural communities in South Dakota. Their primary objective is to provide a housing opportunity for this group, ensuring they have a suitable living space. The organization is dedicated to serving this particular demographic, making housing accessible and affordable for them. By doing so, Townhouse Apartments Inc aims to contribute positively to the well-being and livelihood of these individuals, improving their quality of life.
Who is the CEO of Townhouse Apartments Inc?
Dennis Jones is the President/Di of Townhouse Apartments Inc.
What is the revenue of Townhouse Apartments Inc?
Townhouse Apartments Inc's revenue in 2022 was $247,402.
Who are the executives of Townhouse Apartments Inc and what are their salaries?
The average compensation at Townhouse Apartments Inc during 2022 was $15,899. There are 2 employees at Townhouse Apartments Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Townhouse Apartments Inc?
Townhouse Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Townhouse Apartments Inc
Townhouse Apartments Inc, a nonprofit organization, is dedicated to providing housing opportunities for the elderly and individuals with lower income, with a specific focus on individuals residing in rural South Dakota. The mission of this organization is to offer a secure living space and support for these individuals, ensuring they have access to adequate housing. By doing so, Townhouse Apartments Inc aims to contribute to the well-being and overall quality of life of its residents, providing them with a sense of security and stability.
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Impact
October, 2024
Townhouse Apartments Inc has a significant impact on the community by addressing the critical need for affordable housing for elderly individuals and low-income families, particularly in rural South Dakota. By providing accessible and safe living spaces, the organization enhances the quality of life for residents who might otherwise struggle to find suitable accommodation. This initiative not only offers stability and security to vulnerable populations but also fosters a sense of community among residents, promoting social interaction and support networks. The focus on rural areas ensures that individuals living outside urban centers have access to necessary resources, contributing to more balanced community development. Overall, Townhouse Apartments Inc plays a vital role in improving housing opportunities and enhancing the well-being of those it serves.
This information is meant to be a general summary of Townhouse 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 2022.
- Investment Income: $871
- Program Service Revenue: $246,531
- Gross Receipts: $247,402
Assets and Liabilities:
- Total Assets: $443,487
- Total Liabilities: $432,147
- Net Assets: $11,340
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME/ELDERLY HOUSING
Revenue
$241,532
GARAGE RENTAL
Revenue
$2,801
LAUNDRY INCOME
Revenue
$2,002
OTHER INCOME
Revenue
$196
Organization Details
Founding Year
1968
Phone
(605) 934-2500Principal Officer
Dennis Jones
Main Address
PO BOX 636, ALCESTER, SD, 57001
NTEE Category
Code: L22 - Housing
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