Overview
What is Laurel Court Apartments Inc?
Laurel Court Apartments Inc is a nonprofit organization primarily focused on providing low-income housing. The exact location or specifics about its size and team are not provided in the information, but it can be inferred that it is dedicated to this mission. The organization's primary activity revolves around offering housing solutions for individuals or families who may not have the financial means to secure adequate housing otherwise. Although more detailed information about their services, initiatives, or additional activities is not available, it is clear that Laurel Court Apartments Inc is committed to making a positive impact in the realm of affordable housing.
Is Laurel Court Apartments Inc legitimate?
Laurel Court Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Court 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: $46,142
For more financial information, click here
What is the mission statement of Laurel Court Apartments Inc?
Laurel Court Apartments Inc is committed to providing low-income housing. Their mission, as stated, is to cater to this specific demographic, implying a focus on making affordable housing options available. However, the provided information does not provide further details about the specific goals or objectives beyond providing low-income housing. Therefore, a comprehensive mission statement could not be derived from the given data.
Who is the CEO of Laurel Court Apartments Inc?
Jeffrey Reed is the Chief Executive Officer of Laurel Court Apartments Inc. The CEO's salary of Laurel Court Apartments Inc is $0 and their total compensation is $616,715.
What is the revenue of Laurel Court Apartments Inc?
Laurel Court Apartments Inc's revenue in 2022 was $246,477.
Who are the executives of Laurel Court Apartments Inc and what are their salaries?
Here are 12 key members and their salaries (Laurel Court Apartments Inc's CEO's salary is $0 and their total compensation is $616,715):
- Compensation: $0
- Related: $555,107
- Other: $61,608
- Compensation: $0
- Related: $333,052
- Other: $35,717
- Compensation: $0
- Related: $405,876
- Other: $56,798
- Compensation: $0
- Related: $237,553
- Other: $54,480
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Laurel Court Apartments Inc?
Laurel Court Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laurel Court Apartments Inc
Laurel Court Apartments Inc is dedicated to providing affordable housing for individuals and families with low incomes. Their mission is to make a significant impact in people's lives by offering them a safe and comfortable place to reside. This nonprofit organization strives to ensure that everyone, regardless of their financial status, has access to a decent living space. Although the provided information is limited, it is clear that Laurel Court Apartments Inc is committed to making a difference in the lives of those in need of affordable housing.
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Impact
October, 2024
Laurel Court Apartments Inc significantly impacts the local community by providing affordable housing options for low-income individuals and families in Christiansburg, Virginia. By offering accessible living spaces, it helps residents secure stable homes, which is crucial for their overall well-being and economic stability. The availability of low-income housing plays a vital role in reducing homelessness and housing insecurity within the area.
Additionally, Laurel Court Apartments fosters a sense of community among its residents, promoting social cohesion and support networks that can enhance the quality of life. This initiative contributes to the economic vibrancy of Christiansburg by allowing residents to allocate more of their income toward necessities, education, and other opportunities, thereby stimulating the local economy. Through its commitment to affordable living, Laurel Court Apartments Inc addresses critical societal needs and promotes equitable access to housing for all members of the community.
This information is meant to be a general summary of Laurel Court 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: $736
- Program Service Revenue: $245,741
- Gross Receipts: $246,477
Assets and Liabilities:
- Total Assets: $1,973,475
- Total Liabilities: $84,242
- Net Assets: $1,889,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$245,741
Organization Details
Founding Year
1995
Phone
(540) 382-2002Principal Officer
Jeffrey Reed
Main Address
448 DEPOT STREET, CHRISTIANSBURG, VA, 24073
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