Overview
What is Canal Apartments Inc?
Canal Apartments Inc is a nonprofit organization situated in Bluffton, South Carolina. Their primary mission is to provide subsidized housing for individuals in need, with a special focus on those struggling with mental health issues. By offering affordable housing options, they aim to support and uplift this vulnerable population, contributing to their overall well-being.
Is Canal Apartments Inc legitimate?
Canal Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canal 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
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What is the mission statement of Canal Apartments Inc?
Canal Apartments Inc. is committed to providing subsidized housing for individuals in need, with a particular focus on those struggling with mental health issues. Their mission is to offer a supportive living environment, ensuring that these individuals have access to housing they might otherwise be unable to afford. By providing this service, Canal Apartments Inc. aims to contribute positively to the lives of these individuals, helping them maintain their independence and dignity while managing their mental health challenges.
Who is the CEO of Canal Apartments Inc?
Steven Caywood is the Chair of Canal Apartments Inc.
What is the revenue of Canal Apartments Inc?
Canal Apartments Inc's revenue in 2022 was $213,482.
Who are the executives of Canal Apartments Inc and what are their salaries?
There 4 volunteers at Canal Apartments Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Canal Apartments Inc?
Canal Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Canal Apartments Inc
Canal Apartments Inc, as a nonprofit organization, is dedicated to providing subsidized housing specifically for individuals who are in need, with a focus on those struggling with mental illness. The mission of Canal Apartments Inc is to offer a safe and supportive living environment for these individuals, ensuring they have access to the housing they require. By doing so, the organization aims to contribute positively to their well-being and overall quality of life.
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Impact
October, 2024
Canal Apartments Inc significantly impacts the community by offering subsidized housing to those in need, particularly individuals dealing with mental illness. This organization addresses a critical gap in the housing market, providing a safe and stable environment for individuals who may otherwise struggle to find affordable living options.
By focusing on this vulnerable population, Canal Apartments Inc plays a vital role in promoting mental health and well-being. Stable housing is essential for recovery and management of mental health conditions, allowing residents to access necessary support services, build relationships, and integrate into the community.
Located in Bluffton, SC, Canal Apartments Inc not only alleviates the burden of housing insecurity but also contributes to the overall health and resilience of the community by ensuring that some of its most vulnerable members have a place to call home. This commitment to supporting those with mental health challenges fosters a sense of dignity and self-worth, ultimately enriching the social fabric of the area.
This information is meant to be a general summary of Canal 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 2022.
- Investment Income: $19,624
- Program Service Revenue: $193,600
- Gross Receipts: $222,273
Assets and Liabilities:
- Total Assets: $408,415
- Total Liabilities: $0
- Net Assets: $408,415
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$193,600
Organization Details
Founding Year
1998
Phone
(843) 757-3900Principal Officer
Steven Caywood
Main Address
PO BOX 1925, BLUFFTON, SC, 29910
NTEE Category
Code: P32 - Human services
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