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James Valley Apartments Inc

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

EIN: 466016291 ✦ Menno, SD ✦ Designated as a 501(c)(3)

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Overview

What is James Valley Apartments Inc?

James Valley Apartments Inc is a nonprofit organization based in Menno, South Dakota, dedicated to addressing the housing needs of individuals with limited financial resources. They achieve this by managing six well-maintained apartment buildings, each containing four units. With a high occupancy rate of 99%, this apartment complex serves as a vital resource for those in need of affordable housing. The organization's mission is to provide a welcoming living environment while ensuring the well-being of its residents.

Is James Valley Apartments Inc legitimate?

James Valley Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Valley 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: $17,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of James Valley Apartments Inc?

James Valley Apartments Inc, as a organization, is committed to providing low-income rental housing. They achieve this through the maintenance of six buildings, each housing four apartments, and boasting a 99% occupancy rate. The mission of James Valley Apartments Inc is to make affordable housing accessible to those in need, serving as a vital resource for individuals who require such housing solutions. This organization's mission is not limited to providing housing; it extends to ensuring that the accommodations are well-maintained, thereby enhancing the quality of life for its residents.

Who is the CEO of James Valley Apartments Inc?

Gary Schelske is the President of James Valley Apartments Inc.

What is the revenue of James Valley Apartments Inc?

James Valley Apartments Inc's revenue in 2022 was $124,647.

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

The average compensation at James Valley Apartments Inc during 2022 was $17,940. There is 1 employee and 5 volunteers at James Valley Apartments Inc.


Here are 6 key members and their salaries:


Gary Schelske (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Stepanek (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Steffensen (Manager)
  • Compensation: $10,916
  • Related: $0
  • Other: $0
Trudi Schaeffer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Thranum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Crick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for James Valley Apartments Inc?

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

Mission Statement of James Valley Apartments Inc

James Valley Apartments Inc, a nonprofit organization, is dedicated to providing low-income rental housing. With a strong commitment to affordability, the organization maintains six well-kept buildings, each containing four apartments. This housing complex, known for its high occupancy rate of 99%, serves as a shelter for those in need. The mission of James Valley Apartments Inc is to make a significant impact in the community by offering affordable housing solutions, thereby providing a valuable service to those who require it.

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Impact




October, 2024

James Valley Apartments Inc has a significant positive impact on the community by providing essential low-income rental housing in Menno, SD. With its six well-maintained buildings, each containing four apartments, it offers affordable living solutions to those in need. Boasting a remarkable 99% occupancy rate, it clearly meets a vital demand in the area, ensuring that individuals and families have secure and stable homes. By maintaining these living spaces, James Valley Apartments not only fosters a sense of community but also contributes to the overall well-being of its residents, allowing them to thrive in a supportive environment.




This information is meant to be a general summary of James Valley 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
$124,647 (2022)
Expenses
$127,177 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $153
  • Program Service Revenue: $79,724
  • Gross Receipts: $124,647

Assets and Liabilities:

  • Total Assets: $574,016
  • Total Liabilities: $559,787
  • Net Assets: $14,229

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Organization Details

Founding Year

1967

Principal Officer

Gary Schelske

Main Address

PO BOX 353, MENNO, SD, 57045

NTEE Category

Code: L20Z - Housing

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