Overview
What is Arcs Aligned Inc?
Arcs Aligned Inc is a nonprofit organization dedicated to addressing housing challenges for disadvantaged individuals. Utilizing distressed assets, they aim to combat blight, chronic homelessness, and displacement. The organization has successfully acquired, redeveloped, and sold a 2-unit distressed rental property, and currently, they are engaged in the redevelopment of another such property. Their mission encompasses providing housing programs, services, and opportunities to those in need, thereby contributing positively to their community.
Is Arcs Aligned Inc legitimate?
Arcs Aligned Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arcs Aligned Inc submitted a form 990EZ, 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.
What is the mission statement of Arcs Aligned Inc?
Arcs Aligned Inc's mission is centered around providing housing solutions for disadvantaged individuals. Utilizing distressed assets, the organization aims to combat blight, chronic homelessness, and displacement. Their activities involve acquiring, redeveloping, and selling distressed properties, with a current focus on redeveloping one such property. The ultimate goal is to eradicate these issues and offer housing opportunities for those in need.
What is the revenue of Arcs Aligned Inc?
Arcs Aligned Inc's revenue in 2020 was $137,585.
Who are the executives of Arcs Aligned Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Arcs Aligned Inc?
Arcs Aligned Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Arcs Aligned Inc
Arcs Aligned Inc is dedicated to addressing housing issues for disadvantaged individuals. Their mission is twofold: firstly, to utilize distressed assets to develop and provide housing programs, services, and opportunities, and secondly, to combat blight, chronic homelessness, and displacement. In pursuit of this mission, Arcs Aligned Inc has already demonstrated its capabilities by acquiring, redeveloping, and selling a 2-unit distressed rental property. Currently, they are engaged in the redevelopment of another distressed rental property, further demonstrating their commitment to this cause. By focusing on these areas, Arcs Aligned Inc aims to make a significant impact in providing housing solutions for those in need, ultimately contributing to a more equitable and secure living environment for all.
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Impact
October, 2024
Arcs Aligned Inc plays a crucial role in addressing housing challenges faced by disadvantaged clients in New Orleans. By acquiring and redeveloping distressed properties, the organization not only provides essential housing services but also contributes to community improvement by eradicating blight. Their efforts directly combat chronic homelessness and displacement, creating stable living environments for those in need. The successful redevelopment and sale of a two-unit rental property demonstrate their commitment to transforming neglected assets into viable housing solutions. Currently engaged in the redevelopment of another distressed property, Arcs Aligned Inc continues to make a tangible impact on the lives of individuals and families in the community, fostering resilience and stability in an often precarious housing market.
This information is meant to be a general summary of Arcs Aligned 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 2020.
- Gross Receipts: $151,800
Assets and Liabilities:
- Total Assets: $228,278
- Total Liabilities: $0
- Net Assets: $228,278
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Organization Details
NTEE Category
Code: S30 - Community improvement
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