Overview
What is Genesis Ii Apartments Inc?
Genesis Ii Apartments Inc is a South Carolina-based nonprofit corporation, established in accordance with the state's not-for-profit statutes. The organization's primary objective is to operate a 15-unit community named Genesis II Apartments in Mullins, South Carolina. This community is specifically designed to provide housing for low-income elderly individuals, in alignment with Section 202 of the National Housing Act. The mission of Genesis Ii Apartments Inc is to offer a safe and supportive living environment for this demographic, enhancing their quality of life and contributing to their overall well-being.
Is Genesis Ii Apartments Inc legitimate?
Genesis Ii Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Ii 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.
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What is the mission statement of Genesis Ii Apartments Inc?
Genesis II Apartments Inc, as a not-for-profit corporation, was established with the objective of operating a 15-unit community housing facility. This community, named Genesis II Apartments, is located in Mullins, South Carolina. The corporation's primary purpose is to provide housing for low-income elderly individuals, adhering to Section 202 of the National Housing Act, which was amended. The organization's mission is centered around offering a safe and affordable living space for this specific demographic, aiming to contribute positively to their well-being.
Who is the CEO of Genesis Ii Apartments Inc?
Donald Reaves is the President of Genesis Ii Apartments Inc.
What is the revenue of Genesis Ii Apartments Inc?
Genesis Ii Apartments Inc's revenue in 2022 was $96,702.
Who are the executives of Genesis Ii Apartments Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Genesis Ii Apartments Inc?
Genesis Ii Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Genesis Ii Apartments Inc
Genesis II Apartments Inc, a not-for-profit corporation established in accordance with South Carolina's not-for-profit statutes, was formed with a specific purpose. This organization is dedicated to operating a 15-unit community known as Genesis II Apartments. The mission of Genesis II Apartments Inc is to provide housing for low-income elderly persons, in compliance with Section 202 of the National Housing Act, which has been amended. By offering a secure living environment, Genesis II Apartments Inc aims to contribute positively to the well-being of this vulnerable population, providing them with a sense of safety and stability.
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Impact
October, 2024
Genesis II Apartments Inc significantly impacts the lives of low-income elderly individuals in Mullins, South Carolina, by providing affordable housing solutions tailored to meet their specific needs. By operating a 15-unit community, it creates a safe and supportive environment where senior residents can live with dignity and security.
The apartments not only address the essential need for shelter but also foster a sense of community among residents. This communal atmosphere can alleviate feelings of isolation, which are often prevalent among the elderly. The establishment promotes social interaction and provides a framework for residents to engage with one another, contributing to their overall well-being.
Furthermore, by adhering to the guidelines of the National Housing Act, Genesis II Apartments Inc plays a crucial role in ensuring that vulnerable populations have access to decent housing. This initiative not only enhances the quality of life for its residents but also contributes to the stability of the community as a whole. The organization’s commitment to supporting low-income elderly individuals highlights its vital role in addressing housing disparities and promoting social equity.
This information is meant to be a general summary of Genesis Ii 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: $42
- Program Service Revenue: $42,075
- Gross Receipts: $96,702
Assets and Liabilities:
- Total Assets: $1,067,501
- Total Liabilities: $1,472,476
- Net Assets: -$404,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$42,075
Organization Details
Founding Year
2006
Phone
(803) 536-1056Principal Officer
Donald Reaves
Main Address
401 HARBISON BLVD 3A, COLUMBIA, SC, 29212
NTEE Category
Code: L21 - Housing
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