Overview
What is Oak Street Senior Apartments Inc?
Oak Street Senior Apartments Inc is a nonprofit organization situated in Fenton, Michigan. Their primary mission is to offer rental assistance to eligible elderly individuals, enabling them to secure decent, safe, and sanitary housing. This mission is accomplished under the HUD Section 202 Capital Advance Program. The organization operates a 24-unit apartment complex in Flint, providing this assistance to those in need.
Is Oak Street Senior Apartments Inc legitimate?
Oak Street Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Street Senior 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: $25,824
For more financial information, click here
What is the mission statement of Oak Street Senior Apartments Inc?
Oak Street Senior Apartments Inc's mission is centered around providing rental assistance to eligible elderly individuals, enabling them to secure decent, safe, and sanitary housing. This mission is carried out under the HUD Section 202 Capital Advance Program. The organization operates with the goal of making housing more accessible for this demographic, ensuring they live in suitable living conditions. The organization, through its operations, provides a 24-unit apartment complex in an unspecified location, offering rental assistance to eligible elderly individuals.
Who is the CEO of Oak Street Senior Apartments Inc?
Glenn Wilson is the Director of Oak Street Senior Apartments Inc.
What is the revenue of Oak Street Senior Apartments Inc?
Oak Street Senior Apartments Inc's revenue in 2022 was $186,834.
Who are the executives of Oak Street Senior Apartments Inc and what are their salaries?
There 7 volunteers at Oak Street Senior Apartments Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Oak Street Senior Apartments Inc?
Oak Street Senior Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oak Street Senior Apartments Inc
Oak Street Senior Apartments Inc is committed to providing rental assistance to eligible elderly individuals, enabling them to secure decent, safe, and sanitary housing. Operating under the HUD Section 202 Capital Advance Program, this nonprofit organization strives to make housing more accessible for the elderly population, ensuring they can live in a secure and clean environment. By offering rental assistance, Oak Street Senior Apartments Inc plays a vital role in enhancing the quality of life for its beneficiaries and offering them a sense of security and comfort in their living spaces.
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Impact
October, 2024
Oak Street Senior Apartments Inc significantly impacts the community by providing essential rental assistance to elderly individuals, enabling them to secure decent, safe, and sanitary housing. With a dedicated 24-unit apartment complex in Flint, Michigan, the organization addresses a critical need for affordable housing among seniors. By participating in the HUD Section 202 Capital Advance Program, Oak Street not only helps to alleviate the financial burdens faced by eligible elderly residents but also fosters a supportive living environment that enhances their quality of life. This initiative contributes to greater stability within the community while promoting dignity and independence for senior citizens.
This information is meant to be a general summary of Oak Street Senior 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: $18
- Program Service Revenue: $73,531
- Gross Receipts: $186,834
Assets and Liabilities:
- Total Assets: $3,710,131
- Total Liabilities: $86,258
- Net Assets: $3,623,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$73,531
Organization Details
Founding Year
2012
Phone
(810) 629-9500Principal Officer
Glenn Wilson
Main Address
120 N LEROY ST, FENTON, MI, 48430
NTEE Category
Code: L22 - Housing
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