Overview
What is Cambridge Apartments Inc?
Cambridge Apartments Inc is a nonprofit organization committed to providing affordable housing and essential services to families with low to moderate incomes. Their mission is achieved through the management of 33 rental apartments, offering a welcoming and supportive environment for these families. By doing so, Cambridge Apartments Inc plays a crucial role in promoting social equality and improving the living conditions of its residents.
Is Cambridge Apartments Inc legitimate?
Cambridge Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,758
For more financial information, click here
What is the mission statement of Cambridge Apartments Inc?
Cambridge Apartments Inc, as part of its mission, provides affordable housing and essential services to families with low to moderate income. They accomplish this by managing 33 rental apartments. The organization's primary goal is to support these families financially, ensuring they have a secure place to live. By offering these affordable housing options, Cambridge Apartments Inc aims to contribute positively to the community and promote social equality. The organization's commitment extends beyond housing, offering additional services to enhance the quality of life for the residents.
Who is the CEO of Cambridge Apartments Inc?
Leila A Finucane is the President & Ceo of Cambridge Apartments Inc. The CEO's salary of Cambridge Apartments Inc is $0 and their total compensation is $410,053.
What is the revenue of Cambridge Apartments Inc?
Cambridge Apartments Inc's revenue in 2022 was $443,851.
Who are the executives of Cambridge Apartments Inc and what are their salaries?
Here are 10 key members and their salaries (Cambridge Apartments Inc's CEO's salary is $0 and their total compensation is $410,053):
- Compensation: $0
- Related: $364,094
- Other: $45,959
- Compensation: $0
- Related: $244,362
- Other: $29,431
- Compensation: $0
- Related: $214,496
- Other: $38,157
- Compensation: $0
- Related: $197,403
- Other: $35,776
- Compensation: $0
- Related: $149,665
- Other: $26,588
- Compensation: $0
- Related: $134,038
- Other: $16,157
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cambridge Apartments Inc?
Cambridge Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cambridge Apartments Inc
Cambridge Apartments Inc is committed to providing affordable housing and essential services to families with modest incomes. Through their 33 rental apartments, they offer a living space that is within the financial reach of low- and moderate-income families. The organization's mission goes beyond just providing a place to live; it also includes offering necessary services to its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cambridge Apartments Inc significantly impacts the community by providing affordable housing and essential services to low- and moderate-income families in Rockville, MD. With 33 rental apartments, it creates opportunities for families to access stable living conditions that might otherwise be out of reach due to financial constraints. This support not only improves individual living situations but also fosters stronger, more resilient communities by ensuring that families have a safe and affordable place to call home. In addition to housing, the services offered may help residents gain access to resources and support systems, further enhancing their quality of life and promoting economic stability. Overall, Cambridge Apartments Inc plays a crucial role in addressing housing needs and improving the well-being of families in the area.
This information is meant to be a general summary of Cambridge 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: $1,626
- Program Service Revenue: $442,225
- Gross Receipts: $443,851
Assets and Liabilities:
- Total Assets: $2,116,256
- Total Liabilities: $2,273,852
- Net Assets: -$157,596
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Affordable Housing
Revenue
$428,179
Fees & Contracts Gov Ag
Revenue
$7,052
Miscellaneous Income
Revenue
$6,994
Organization Details
Founding Year
2000
Principal Officer
Leila A Finucane
Main Address
11400 Rockville Pike STE 505, Rockville, MD, 20852
NTEE Category
Code: L80 - Housing
If you are a representative of Cambridge Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.