Overview
What is Laurel Estates Inc?
Laurel Estates Inc is a nonprofit organization situated in Columbia, South Carolina, dedicated to the provision of affordable housing. They manage a low to moderate income housing project, featuring 20 one-bedroom units, to cater to the needs of local residents. Their operations are solely focused on maintaining this project, ensuring all expenses are directly related to its upkeep. By offering affordable housing options, Laurel Estates Inc plays a significant role in enhancing the living standards of the community.
Is Laurel Estates Inc legitimate?
Laurel Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Estates Inc submitted a form 990EZ, 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.
What is the mission statement of Laurel Estates Inc?
Laurel Estates Inc, as a organization, is committed to providing affordable housing for the local community. Their mission is centered around operating a low to moderate housing project, which comprises 20 one-bedroom units. This initiative is solely aimed at catering to the housing needs of citizens residing in the surrounding area. All expenses related to this project are directly attributed to its operations.
Who is the CEO of Laurel Estates Inc?
Kim Gasque is the President of Laurel Estates Inc.
What is the revenue of Laurel Estates Inc?
Laurel Estates Inc's revenue in 2022 was $134,266.
Who are the executives of Laurel Estates Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Laurel Estates Inc?
Laurel Estates Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Laurel Estates Inc
Laurel Estates Inc, as a nonprofit organization, is dedicated to providing affordable housing for the community. With a focus on low to moderate income individuals, Laurel Estates maintains a project comprising of 20 one-bedroom units. The organization's mission is to cater to the housing needs of the surrounding area, ensuring that affordable living options are available for its citizens. The expenses incurred by Laurel Estates are solely attributed to the operations of this housing project.
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Impact
October, 2024
Laurel Estates Inc has a significant impact on the Columbia, SC community by providing affordable housing options for residents in need. With a dedicated project that includes 20 one-bedroom units, it addresses the critical issue of housing affordability in the area. The organization focuses on low to moderate income citizens, ensuring that individuals and families have access to safe and stable living environments. By operating solely on the expenses related to the housing project, Laurel Estates emphasizes its commitment to sustaining this essential service. This initiative not only improves the quality of life for its residents but also contributes to the overall well-being of the community by promoting economic stability and social inclusion.
This information is meant to be a general summary of Laurel Estates 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: $54
- Program Service Revenue: $70,515
- Gross Receipts: $134,266
Assets and Liabilities:
- Total Assets: $208,313
- Total Liabilities: $24,158
- Net Assets: $184,155
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Organization Details
Phone
(803) 788-3800Principal Officer
Kim Gasque
Main Address
PO Box 23589, Columbia, SC, 29224
NTEE Category
Code: L20Z - Housing
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