The First Apartments Inc

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

EIN: 480767534 ✦ Topeka, KS ✦ Designated as a 501(c)(4)

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Overview

What is The First Apartments Inc?

The First Apartments Inc, located in Topeka, Kansas, is a nonprofit organization with a mission to provide affordable and high-quality housing for seniors. Their goal is to enable these individuals to live independently while being part of a secure, communal environment. The organization, with a team of 13 dedicated employees, focuses on creating a home-like atmosphere where seniors can thrive.


Official website here: www.thefirstapartments.org

Is The First Apartments Inc legitimate?

The First Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The First 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: $57,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,100

For more financial information, click here


Official website here: www.thefirstapartments.org

What is the mission statement of The First Apartments Inc?

The mission of The First Apartments Inc. is centered around providing affordable and high-quality housing for seniors, enabling them to live independently within a safe, communal environment. This organization strives to create a home-like atmosphere where seniors can thrive, fostering their independence and enhancing their overall living experience.


Official website here: www.thefirstapartments.org

Who is the CEO of The First Apartments Inc?

Randolph Mccoy is the President of The First Apartments Inc.


Official website here: www.thefirstapartments.org

What is the revenue of The First Apartments Inc?

The First Apartments Inc's revenue in 2022 was $644,537.


Official website here: www.thefirstapartments.org

Who are the executives of The First Apartments Inc and what are their salaries?

The average compensation at The First Apartments Inc during 2022 was $13,212. There are 13 employees and 8 volunteers at The First Apartments Inc.


Here are 9 key members and their salaries:


Steve Mccoy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Wentzel (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Vaughn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bixler (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenda Yocom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamey Kendall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Gideon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jewell Welch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Crow (Adminitrative Director)
  • Compensation: $60,047
  • Related: $0
  • Other: $0


Official website here: www.thefirstapartments.org

Where can I find the form 990 for The First Apartments Inc?

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


Official website here: www.thefirstapartments.org

Learn more at the official website: www.thefirstapartments.org

Mission Statement of The First Apartments Inc

The First Apartments Inc is committed to providing affordable, high-quality housing that enables seniors to live independently and as part of a safe, home-like community. Their mission is centered around creating an environment where seniors can maintain their independence while feeling secure and supported. By offering affordable housing, The First Apartments Inc aims to ensure that senior citizens have access to a suitable living situation, without the financial burden often associated with such accommodations. This community-like setting allows seniors to connect with their peers, fostering a sense of belonging and overall well-being.

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Impact




October, 2024

The First Apartments Inc significantly impacts the community by providing affordable, quality housing that empowers seniors to live independently. By fostering a safe, home-like environment, the organization enhances the quality of life for older adults, encouraging autonomy while reducing feelings of isolation. Through its commitment to creating a supportive community, The First Apartments Inc plays a crucial role in ensuring that seniors in Topeka, KS, can thrive in a secure setting that meets their housing needs. This focus on accessible living not only benefits the residents but also strengthens the overall community by promoting inclusivity and support for the aging population.




This information is meant to be a general summary of The First 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
$644,537 (2022)
Expenses
$608,775 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $622
  • Program Service Revenue: $641,355
  • Gross Receipts: $644,537

Assets and Liabilities:

  • Total Assets: $534,480
  • Total Liabilities: $69,564
  • Net Assets: $464,916

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENTAL REVENUE

Revenue

$478,473

HUD

Revenue

$135,649

LAUNDRY & VENDING

Revenue

$24,446

TENANT CHARGES

Revenue

$2,787

Organization Details

Founding Year

1965

Principal Officer

Randolph Mccoy

Main Address

3805 SW 18TH STREET, TOPEKA, KS, 66604

NTEE Category

Code: L22 - Housing

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