Overview
What is Gault Grove Apartments Inc?
Gault Grove Apartments Inc is a nonprofit organization, specifically established under Hud Project No. 054-hud046-cmi, with a purpose to construct, own, and manage a 20-unit apartment complex in Columbia, SC. Their primary mission is to offer housing and related services to low-income individuals who are also living with mental disabilities. The organization is committed to providing a supportive living environment for these individuals, aiming to improve their quality of life.
Is Gault Grove Apartments Inc legitimate?
Gault Grove Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gault Grove Apartments 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.
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What is the mission statement of Gault Grove Apartments Inc?
Gault Grove Apartments Inc, as a non-profit corporation, was established with the mission of constructing, owning, and operating a 20-unit apartment complex. Their primary objective is to provide housing and related services to individuals who fall under the category of low income and have mental disabilities. This organization is committed to offering support and a living space for this specific group, aiming to enhance their overall quality of life.
What is the revenue of Gault Grove Apartments Inc?
Gault Grove Apartments Inc's revenue in 2024 was $156,457.
Who are the executives of Gault Grove Apartments Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990EZ for Gault Grove Apartments Inc?
Gault Grove Apartments Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Gault Grove Apartments Inc
Gault Grove Apartments Inc, as a non-profit organization, was established with a mission to construct, own, and operate a 20-unit apartment complex. This mission extends beyond just providing housing; it aims to serve low-income individuals who also have mental disabilities. By doing so, the organization seeks to offer more than just a residence, but rather, a place that also provides related services. This approach is designed to support and improve the quality of life for this specific group of individuals, thereby contributing to their overall well-being.
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Impact
October, 2024
Gault Grove Apartments Inc significantly impacts the local community by providing essential housing solutions for low-income individuals with mental disabilities. The 20-unit apartment complex not only offers a safe and secure living environment but also integrates supportive services tailored to meet the unique needs of its residents.
By addressing the housing crisis faced by vulnerable populations, Gault Grove plays a crucial role in promoting stability and independence for its residents. The availability of affordable housing in Columbia, SC, reduces homelessness and provides individuals with the opportunity to thrive in a supportive community. Additionally, this initiative fosters social inclusion, enhances quality of life, and contributes to the overall well-being of individuals who may otherwise struggle to find suitable living arrangements.
Overall, Gault Grove Apartments Inc serves as a vital resource in creating a more equitable society, ensuring that individuals with mental disabilities have access to housing that empowers them to lead fulfilling lives.
This information is meant to be a general summary of Gault Grove 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $26
- Program Service Revenue: $65,404
- Gross Receipts: $156,457
Assets and Liabilities:
- Total Assets: $406,225
- Total Liabilities: $1,086,926
- Net Assets: -$680,701
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Organization Details
Principal Officer
Susan O'Neal
NTEE Category
Code: L20 - Housing
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