Overview
What is Red Lake Senior Apartment Center Inc?
Red Lake Senior Apartment Center Inc is a nonprofit organization situated in Red Lake, Minnesota. Their primary focus is on providing affordable housing for the elderly living on the Red Lake Reservation. Funded by the U.S. Department of Housing and Urban Development (HUD) Section 202, they operate a 26-unit apartment project specifically designed for this demographic. Their mission is to ensure these senior residents have a safe and comfortable living space.
Is Red Lake Senior Apartment Center Inc legitimate?
Red Lake Senior Apartment Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Lake Senior Apartment Center 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: $9,075
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What is the mission statement of Red Lake Senior Apartment Center Inc?
Red Lake Senior Apartment Center Inc is dedicated to managing a 26-unit low-income housing project, specifically catering to the elderly population. Their primary mission is to provide a living space for this demographic, ensuring they have accessible and affordable housing options. The organization operates this project, funded by HUD Section 202, to support the elderly community residing on the Red Lake Reservation. By offering such housing, Red Lake Senior Apartment Center Inc contributes to enhancing the quality of life for the elderly, providing them with a safe and comfortable living environment.
Who is the CEO of Red Lake Senior Apartment Center Inc?
Lorena Cook is the President of Red Lake Senior Apartment Center Inc.
What is the revenue of Red Lake Senior Apartment Center Inc?
Red Lake Senior Apartment Center Inc's revenue in 2022 was $164,358.
Who are the executives of Red Lake Senior Apartment Center Inc and what are their salaries?
There 5 volunteers at Red Lake Senior Apartment Center Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Red Lake Senior Apartment Center Inc?
Red Lake Senior Apartment Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Red Lake Senior Apartment Center Inc
Red Lake Senior Apartment Center Inc is dedicated to the operation of a 26-unit low-income housing project, specifically catering to the elderly residing on the Red Lake Reservation. Their mission involves providing a comfortable living environment for this demographic, ensuring they have access to suitable housing options. The organization's project is funded by HUD Section 202, which is a government initiative aimed at supporting such housing initiatives for the elderly with limited income. By managing this apartment complex, Red Lake Senior Apartment Center Inc is contributing significantly to the well-being of the elderly community, offering them a secure and affordable place to call home.
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Impact
October, 2024
Red Lake Senior Apartment Center Inc positively impacts the community by providing 26 low-income housing units specifically designed for elderly residents living on the Red Lake Reservation. This initiative addresses a critical need for affordable housing in the area, ensuring that seniors have access to safe and stable living conditions. By operating these apartments, the center enables elderly individuals to maintain their independence while fostering a sense of community among residents. The project, funded by HUD Section 202, not only enhances the quality of life for seniors but also contributes to the overall vitality of the Red Lake Reservation, creating a supportive environment that prioritizes the well-being of its aging population.
This information is meant to be a general summary of Red Lake Senior Apartment Center 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: $197
- Program Service Revenue: $164,161
- Gross Receipts: $164,358
Assets and Liabilities:
- Total Assets: $1,675,880
- Total Liabilities: $135,127
- Net Assets: $1,540,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$160,821
Laundry & Vending Reve
Revenue
$2,942
Other Supporting Reven
Revenue
$398
Organization Details
Founding Year
2004
Phone
(218) 679-3400Principal Officer
Lorena Cook
Main Address
PO Box 135, Red Lake, MN, 566710135
NTEE Category
Code: L22 - Housing
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