Overview
What is Mount Zion Garden Apartments Inc?
Mount Zion Garden Apartments Inc is a dedicated nonprofit organization that focuses on establishing secure and wholesome communities by constructing, funding, and managing affordable housing for families and individuals. Their mission is achieved through the operation of a 148-unit apartment complex, which is administered under various sections of the National Housing Act, specifically sections 207, 223(f), and 8. This affordable housing initiative aims to cater to low-income families and individuals, thereby contributing to the overall well-being of the community.
Official website here: www.none
Is Mount Zion Garden Apartments Inc legitimate?
Mount Zion Garden Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mount Zion Garden 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: $215,259
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Official website here: www.none
What is the mission statement of Mount Zion Garden Apartments Inc?
Mount Zion Garden Apartments Inc's mission is centered around fostering stable and healthy communities. They achieve this by engaging in the development, financing, and operation of affordable housing options. Specifically, they provide low-income housing through a complex consisting of 148 units, which operates under various provisions of the National Housing Act, including sections 207, 223(f), and 8. Their goal is to make affordable housing accessible to families and individuals, contributing to the betterment of their living conditions.
Official website here: www.none
What is the revenue of Mount Zion Garden Apartments Inc?
Mount Zion Garden Apartments Inc's revenue in 2023 was $1,116,585.
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Who are the executives of Mount Zion Garden Apartments Inc and what are their salaries?
The average compensation at Mount Zion Garden Apartments Inc during 2023 was $45,785.
Here are 5 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Mount Zion Garden Apartments Inc
Mount Zion Garden Apartments Inc is committed to establishing stable and healthy communities by engaging in the development, financing, and operation of affordable housing options for families and individuals. This mission is achieved through the management of a 148-unit apartment complex, which operates under various provisions of the National Housing Act, including sections 207, 223(f), and 8. By providing low-income housing, Mount Zion Garden Apartments Inc contributes to the betterment of communities, offering a vital resource for individuals and families in need of affordable living arrangements.
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Impact
October, 2024
Mount Zion Garden Apartments Inc significantly impacts the community by creating stable and healthy living environments for families and individuals in Albany, GA. By offering 148 affordable housing units, the organization plays a crucial role in addressing the needs of low-income residents.
Through its commitment to developing, financing, and operating affordable housing under various sections of the national housing act, Mount Zion Garden Apartments serves as a vital resource for those who might otherwise struggle to find safe and secure housing. This initiative not only fosters community stability but also contributes to the overall well-being of its residents, promoting a sense of belonging and stability that is essential for thriving communities.
By prioritizing affordable housing, Mount Zion Garden Apartments facilitates access to essential services and opportunities for its residents, enhancing quality of life and supporting economic resilience in the Albany area.
This information is meant to be a general summary of Mount Zion Garden 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: $64
- Program Service Revenue: $1,116,521
- Gross Receipts: $1,116,585
Assets and Liabilities:
- Total Assets: $1,419,263
- Total Liabilities: $3,095,539
- Net Assets: -$1,676,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL INCOME
Revenue
$1,114,057
OTHER TENANT CHARGES
Revenue
$2,464
Organization Details
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