Elk Riverview Terrace Apartments Inc

Elk Riverview Terrace

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

EIN: 550658470 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Elk Riverview Terrace Apartments Inc?

Elk Riverview Terrace Apartments Inc is a nonprofit organization situated in Columbus, Ohio. The organization, specifically identified as Elk Riverview Terrace, operates a 36-unit apartment complex, catering to low-income, elderly, and disabled individuals. The entity's primary purpose is to provide affordable housing for this specific demographic, ensuring all associated expenses are allocated towards the facility. The mission of Elk Riverview Terrace Apartments Inc remains dedicated to offering suitable rental housing for low-income elderly and disabled individuals.

Is Elk Riverview Terrace Apartments Inc legitimate?

Elk Riverview Terrace Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elk Riverview Terrace 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: $0

For more financial information, click here

What is the mission statement of Elk Riverview Terrace Apartments Inc?

Elk Riverview Terrace Apartments Inc, as an organization, is committed to providing rental housing for low-income elderly and/or disabled individuals. Their primary mission is to ensure that these individuals have access to suitable living spaces, catering to their specific needs. The organization operates a 36-unit apartment complex, where all expenses are allocated solely to the facility. Their activities are centered around the provision of affordable housing, prioritizing the well-being and comfort of the elderly and disabled residents.

What is the revenue of Elk Riverview Terrace Apartments Inc?

Elk Riverview Terrace Apartments Inc's revenue in 2024 was $385,886.

Who are the executives of Elk Riverview Terrace Apartments Inc and what are their salaries?

There 3 volunteers at Elk Riverview Terrace Apartments Inc.

Here are 3 key members and their salaries:


Penny Graham (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debby Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Beale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elk Riverview Terrace Apartments Inc?

Elk Riverview Terrace Apartments Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Elk Riverview Terrace Apartments Inc

Elk Riverview Terrace Apartments Inc is dedicated to providing rental housing for individuals who fall under the categories of low-income, elderly, and/or disabled. This mission is reflected in their operation of a 36-unit apartment complex, where all expenses are attributed to the facility itself. The organization's primary goal is to offer a suitable living space for individuals who may be financially or physically challenged, ensuring they have a place to call home. By providing housing, Elk Riverview Terrace Apartments Inc contributes to the well-being and stability of its residents, allowing them to focus on their personal needs and daily lives.

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Impact




October, 2024

Elk Riverview Terrace Apartments Inc significantly impacts the community by providing affordable rental housing for low-income elderly and disabled individuals. By managing a 36-unit apartment complex, it ensures that vulnerable populations have access to safe and stable living conditions. This housing initiative enhances the quality of life for residents, promoting independence and security while alleviating the financial burden that often accompanies housing costs. The focus on creating a supportive living environment fosters a sense of community and belonging among residents, ultimately contributing to their well-being and dignity. Additionally, by addressing housing needs, Elk Riverview Terrace Apartments plays a crucial role in helping to maintain stability for families and individuals who might otherwise struggle to find suitable accommodation.




This information is meant to be a general summary of Elk Riverview Terrace 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
$385,886 (2024)
Expenses
$414,237 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,934
  • Program Service Revenue: $97,617
  • Gross Receipts: $396,243

Assets and Liabilities:

  • Total Assets: $1,374,512
  • Total Liabilities: $1,757,889
  • Net Assets: -$383,377

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Programs

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

RENTS - NET

Revenue

$97,617

Organization Details

Founding Year

1984

Principal Officer

Penny Graham

NTEE Category

Code: L21 - Housing

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