Overview
What is Arrowhead Place Apartments Inc?
Arrowhead Place Apartments Inc is a nonprofit organization situated in Chesterfield, South Carolina. Their primary mission is to cater to individuals with developmental disabilities, ensuring they can continue living in their own homes if feasible or providing a community setting that closely resembles normal living conditions for their age and abilities. With a focus on serving twelve individuals, this organization's main objective is to meet the needs of disabled persons. Additionally, they offer affordable housing for low and moderate-income handicapped individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Arrowhead Place Apartments Inc has achieved a score of 80%, which reflects its commitment to accountability and financial health. This rating is derived solely from its Accountability & Finance beacon, indicating a strong emphasis on these areas. The organization has maintained a fully independent board, demonstrating robust governance practices.
The organization excelled in several metrics, including a perfect score for its conflict of interest policy and documentation of board meeting minutes. With a low liabilities to assets ratio of 3.76% and a program expense ratio of 75.20%, Arrowhead Place Apartments Inc shows a strong capacity to utilize its funds effectively towards its mission.
While the rating is generally positive, it is significant to note that it is based entirely on financial and governance indicators. This means there may be limited insights available regarding program effectiveness or impact, which are also important factors in assessing a nonprofit's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Arrowhead Place Apartments Inc legitimate?
Arrowhead Place Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arrowhead Place 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: $7,680
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What is the mission statement of Arrowhead Place Apartments Inc?
Arrowhead Place Apartments Inc has a mission to cater to the needs of disabled individuals. Their primary objective is to provide affordable housing for low and moderate-income handicapped individuals. The apartment complex aims to enable individuals with developmental disabilities to remain in their homes if possible, and if not, to offer a community living setting that closely resembles normal living conditions for their age and abilities. The facility serves twelve such individuals, prioritizing their well-being and ensuring they have a comfortable living space.
Who is the CEO of Arrowhead Place Apartments Inc?
Billie Stoudemire is the Principal Officer of Arrowhead Place Apartments Inc.
What is the revenue of Arrowhead Place Apartments Inc?
Arrowhead Place Apartments Inc's revenue in 2023 was $75,590.
Who are the executives of Arrowhead Place Apartments Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Arrowhead Place Apartments Inc?
Arrowhead Place Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arrowhead Place Apartments Inc
Arrowhead Place Apartments Inc is a nonprofit organization dedicated to meeting the needs of disabled individuals. Its mission is to provide affordable housing for low and moderate-income handicapped individuals. This mission is not just about providing a place to live, but also about allowing individuals with developmental disabilities to remain in their homes if possible. If that's not feasible, the organization strives to provide a community setting that closely resembles normal life for their age and abilities, serving a total of twelve individuals.
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Impact
August, 2024
Arrowhead Place Apartments Inc's impact can be seen in its mission to provide affordable housing for low and moderate-income handicapped individuals in Chesterfield, SC. By meeting the needs of disabled persons and offering a living arrangement that allows individuals with developmental disabilities to remain in their homes or in a community setting tailored to their age and capabilities, Arrowhead Place Apartments Inc is making a significant difference in the lives of the twelve individuals it serves. Through its focus on housing, this organization is helping to enhance the quality of life and independence of disabled individuals in the community.
This information is meant to be a general summary of Arrowhead Place 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 2023.
- Investment Income: $127
- Program Service Revenue: $43,996
- Gross Receipts: $75,590
Assets and Liabilities:
- Total Assets: $182,789
- Total Liabilities: $6,877
- Net Assets: $175,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT RENT REVENUE
Revenue
$43,996
Organization Details
Founding Year
2000
Phone
(843) 623-9016Principal Officer
Billie Stoudemire
Main Address
POST OFFICE BOX 151, CHESTERFIELD, SC, 29709
NTEE Category
Code: L80 - Housing
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