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Carver Apartments Inc

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

EIN: 570537717 ✦ West columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Carver Apartments Inc?

Carver Apartments Inc is a nonprofit organization situated in West Columbia, South Carolina. Their primary focus is on delivering affordable housing solutions to low-income families. They accomplish this through their operation of a 32-unit apartment complex, which is supported by Section 221(d)(3) of the National Housing Act. The organization's mission is deeply rooted in the provision of affordable living spaces, aiming to contribute positively to the community.

Is Carver Apartments Inc legitimate?

Carver Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carver 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 Carver Apartments Inc?

Carver Apartments Inc, as an organization, is committed to providing affordable housing to low-income families. Operating under section 221(d)(3) of the National Housing Act, this company runs a 32-unit apartment community with the primary objective of addressing the housing needs of families who fall under the low-income category.

Who is the CEO of Carver Apartments Inc?

Michael Chestnut is the Chairman of Carver Apartments Inc.

What is the revenue of Carver Apartments Inc?

Carver Apartments Inc's revenue in 2022 was $401,826.

Who are the executives of Carver Apartments Inc and what are their salaries?


Here are 11 key members and their salaries:


Michael Chestnut (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John King (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Markus Chestnut (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Middleton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mike Fitzgerald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Galloway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Oliver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carver Apartments Inc?

Carver Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carver Apartments Inc

Carver Apartments Inc, a nonprofit organization, is dedicated to fulfilling its mission of providing affordable housing to low-income families. Situated under section 221(d)(3) of the National Housing Act, this community-focused entity operates a 32-unit apartment complex in West Columbia, South Carolina. The primary objective of Carver Apartments Inc is to cater to families with limited financial resources, ensuring they have access to decent and affordable living spaces. By following this mission, Carver Apartments Inc plays a significant role in improving the living conditions of its residents, contributing positively to the local community.

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Impact




October, 2024

Carver Apartments Inc plays a crucial role in addressing the housing needs of low-income families in West Columbia, SC, by providing affordable housing options in a community setting. With a focus on creating a stable living environment, the 32-unit apartment community allows families to secure safe and decent housing, fostering improvements in their overall quality of life. By adhering to the guidelines of section 221(d)(3) of the National Housing Act, Carver Apartments Inc not only helps alleviate the challenges of housing affordability but also contributes to the local community's social and economic stability. Their commitment to affordable living spaces supports families in achieving self-sufficiency and enhances the well-being of residents, ultimately enriching the fabric of the surrounding area.




This information is meant to be a general summary of Carver 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
$401,826 (2022)
Expenses
$453,320 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $87,461
  • Gross Receipts: $401,826

Assets and Liabilities:

  • Total Assets: $491,101
  • Total Liabilities: $186,948
  • Net Assets: $304,153

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Programs

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

RENT

Revenue

$87,461

Organization Details

Founding Year

1969

Principal Officer

Michael Chestnut

Main Address

1403 JARET COURT, WEST COLUMBIA, SC, 29169

NTEE Category

Code: L25 - Housing

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