Overview
What is Main Street Apartments Corp?
Main Street Apartments Corp is a nonprofit organization situated in Huntington, West Virginia. The corporation is committed to providing affordable housing to low-income individuals, with a specific focus on those with mental impairments. They manage a 12-unit complex in Point Pleasant, targeting this segment of the population to meet their housing needs. All expenses related to the facility are attributed to it. The organization's mission is centered around ensuring affordable housing for this vulnerable group.
Is Main Street Apartments Corp legitimate?
Main Street Apartments Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Apartments Corp 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: $11,325
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What is the mission statement of Main Street Apartments Corp?
Main Street Apartments Corp's mission is centered around providing affordable housing for low-income individuals who are mentally impaired. The corporation strives to make housing accessible for this specific group, demonstrating a commitment to their well-being and inclusive housing solutions. The company's activities are focused on managing and operating a 12-unit complex, with the majority of expenses attributed to the facility. The apartments are designed to cater to the needs of disabled individuals, ensuring they have a suitable living space.
What is the revenue of Main Street Apartments Corp?
Main Street Apartments Corp's revenue in 2023 was $95,457.
Who are the executives of Main Street Apartments Corp and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Main Street Apartments Corp?
Main Street Apartments Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Main Street Apartments Corp
Main Street Apartments Corp, as a nonprofit organization, is committed to providing affordable housing to individuals who are both low-income and mentally impaired. This mission is at the heart of the corporation's operations and is reflected in its daily activities. The organization strives to provide a living environment that is accessible and affordable for those in need, ensuring that their expenses are attributed solely to the facility. By doing so, Main Street Apartments Corp is contributing to the well-being and housing stability of this vulnerable population, thereby enhancing their overall quality of life.
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Impact
October, 2024
Main Street Apartments Corp plays a crucial role in the community by providing affordable housing specifically tailored for low-income, mentally impaired individuals. By owning and operating a 12-unit complex in Point Pleasant, West Virginia, the organization ensures that this vulnerable demographic has access to safe and stable living conditions. The availability of these units helps address the significant housing challenges faced by disabled individuals in the area, promoting their independence and enhancing their quality of life. Furthermore, all expenses associated with the facility are dedicated to maintaining and improving the property, ensuring that residents receive continuous support and a nurturing environment. This commitment not only aids residents but also contributes positively to the broader community in Huntington, WV.
This information is meant to be a general summary of Main Street Apartments Corp. 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 2023.
- Investment Income: $20
- Program Service Revenue: $34,896
- Gross Receipts: $95,457
Assets and Liabilities:
- Total Assets: $542,832
- Total Liabilities: $21,261
- Net Assets: $521,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$32,354
OTHER TENANT REVENUE
Revenue
$2,542
Organization Details
Principal Officer
Frank Markun
NTEE Category
Code: L21 - Housing
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