Overview
What is Great Plains Platte Valley Apartments Inc?
Great Plains Platte Valley Apartments Inc, established in 1992 under Nebraska's not-for-profit statutes, is a corporation dedicated to providing housing for disabled veterans. It operates three 10-unit communities in Grand Island, Kearney, and North Platte, Nebraska, collectively known as Platte Valley Apartments. The corporation adheres to the provisions of the U.S. Department of Housing and Urban Development (HUD) Section 202 of the National Housing Act, as amended. Additionally, it has a regulatory agreement with the FHA section of HUD, and a Housing Assistance Payments Contract (HAP Contract) with HUD, which provides assistance to low-income families under Section 8 of the National Housing Act, as amended, for all 30 units. This nonprofit's mission is to offer suitable housing solutions for disabled veterans, ensuring they have a safe and comfortable living environment.
Is Great Plains Platte Valley Apartments Inc legitimate?
Great Plains Platte Valley Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Plains Platte 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:
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What is the mission statement of Great Plains Platte Valley Apartments Inc?
Great Plains Platte Valley Apartments Inc, established in 1992 as a not-for-profit corporation, was formed with the objective of providing housing for disabled veterans. The corporation operates three 10-unit communities, located in Grand Island, Kearney, and North Platte, Nebraska. It adheres to the provisions of the U.S. Department of Housing and Urban Development (HUD) Section 202 of the National Housing Act, ensuring compliance with stringent regulations.
The corporation has entered into a standard Federal Housing Administration (FHA) regulatory agreement with the FHA section of HUD, ensuring the operation of the communities follows FHA guidelines. Moreover, it is party to a Housing Assistance Payments Contract (HAP Contract) with HUD, which provides assistance to low-income families under Section 8 of the National Housing Act, enabling them to reside in the 30 available units.
In essence, Great Plains Platte Valley Apartments Inc serves as an affordable housing solution for disabled veterans and low-income families, adhering to HUD regulations and guidelines to ensure a safe and comfortable living environment.
Who is the CEO of Great Plains Platte Valley Apartments Inc?
Randy Squier is the President of Great Plains Platte Valley Apartments Inc.
What is the revenue of Great Plains Platte Valley Apartments Inc?
Great Plains Platte Valley Apartments Inc's revenue in 2022 was $335,169.
Who are the executives of Great Plains Platte Valley Apartments Inc and what are their salaries?
There 10 volunteers at Great Plains Platte Valley Apartments Inc.
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Where can I find the form 990 for Great Plains Platte Valley Apartments Inc?
Great Plains Platte Valley Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Great Plains Platte Valley Apartments Inc
Great Plains Platte Valley Apartments Inc, a not-for-profit corporation established in 1993, was formed with a mission to provide housing for disabled veterans. Located in Nebraska, this organization operates three 10-unit communities in Grand Island, Kearney, and North Platte. The corporation, known as Platte Valley Apartments, is under the governance of the U.S. Department of Housing and Urban Development (HUD) Section 202 of the National Housing Act. Additionally, it has entered into a regulatory agreement with the Federal Housing Administration (FHA) section of HUD and holds a Housing Assistance Payments Contract (HAP Contract) with HUD. This contract provides assistance to low-income families or individuals under Section 8 of the National Housing Act, ensuring that all 30 units are accessible to those in need. The corporation's mission is to provide a safe and supportive living environment for disabled veterans, enabling them to maintain a comfortable and independent lifestyle.
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Impact
October, 2024
Great Plains Platte Valley Apartments Inc. plays a vital role in providing accessible housing for disabled veterans in Nebraska. With three 10-unit communities located in Grand Island, Kearney, and North Platte, the organization ensures that those who have served the country have a safe and supportive living environment. By adhering to regulations set forth by the U.S. Department of Housing and Urban Development (HUD), specifically under Section 202 of the National Housing Act, the organization maintains a commitment to quality and compliance in its operations.
Furthermore, the incorporation of a Housing Assistance Payments (HAP) contract with HUD allows for assistance to low-income families and individuals, making it possible for a broader array of community members to access affordable housing. This creates a significant impact by alleviating some of the housing challenges faced by vulnerable populations in these regions, fostering stability and community integration for disabled veterans and low-income residents alike. Overall, Great Plains Platte Valley Apartments Inc. contributes substantially to the welfare and quality of life of its tenants, promoting inclusivity and support within the housing landscape.
This information is meant to be a general summary of Great Plains Platte 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $129
- Program Service Revenue: $99,834
- Gross Receipts: $335,169
Assets and Liabilities:
- Total Assets: $874,879
- Total Liabilities: $1,607,278
- Net Assets: -$732,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$99,834
Organization Details
Founding Year
1992
Phone
(402) 333-7373Principal Officer
Randy Squier
Main Address
2840 S 123RD COURT, OMAHA, NE, 68144
NTEE Category
Code: L20 - Housing
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