Overview
What is Basic Independent Apartments Inc?
Basic Independent Apartments Inc is a nonprofit organization that receives housing assistance from the U.S. Department of Housing and Urban Development. Their primary mission is to offer affordable housing for individuals with less severe disabilities. They operate an Independent housing facility, accommodating 16 tenants in 16 units. This facility provides a supportive living environment for those in need, aiming to enhance their quality of life.
Is Basic Independent Apartments Inc legitimate?
Basic Independent Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Basic Independent 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.
What is the mission statement of Basic Independent Apartments Inc?
Basic Independent Apartments Inc's mission is centered around providing affordable Independent housing for individuals with less severe disabilities. The United States Department of Housing and Urban Development supports this mission by offering assistance for 16 less severely handicapped tenants in a housing facility of 16 units. The goal is to offer an Independent living environment, promoting independence and self-sufficiency for these individuals. The housing facility is designed to cater to their specific needs, aiming to enhance their quality of life.
Who is the CEO of Basic Independent Apartments Inc?
Gary Smith is the President of Basic Independent Apartments Inc.
What is the revenue of Basic Independent Apartments Inc?
Basic Independent Apartments Inc's revenue in 2022 was $65,253.
Who are the executives of Basic Independent Apartments Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Basic Independent Apartments Inc?
Basic Independent Apartments Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Basic Independent Apartments Inc
Basic Independent Apartments Inc is committed to providing affordable Independent housing for less severely handicapped individuals. This nonprofit, supported by the U.S. Department of Housing and Urban Development, operates an Independent housing facility with 16 units, catering to 16 tenants. The primary goal of Basic Independent Apartments Inc is to offer a living space that is accessible and suitable for individuals with mild to moderate disabilities, ensuring their independent living experience is comfortable and supportive. The housing assistance provided by the U.S. Department of Housing and Urban Development enables Basic Independent Apartments Inc to maintain affordable rental rates, making it an attractive option for those in need. By offering a safe, supportive, and affordable living environment, Basic Independent Apartments Inc empowers less severely handicapped individuals to lead independent and fulfilling lives.
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Impact
August, 2024
Basic Independent Apartments Inc's impact is centered around providing affordable independent housing for less severely handicapped individuals. Through its 16-unit housing facility in Mountain Home, AR, the organization receives housing assistance from the U.S. Department of Housing and Urban Development to support 16 tenants. This initiative helps individuals with disabilities live independently and contributes to their overall well-being and quality of life.
This information is meant to be a general summary of Basic Independent 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: $2
- Program Service Revenue: $65,251
- Gross Receipts: $65,253
Assets and Liabilities:
- Total Assets: $369,737
- Total Liabilities: $450,224
- Net Assets: -$80,487
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Organization Details
Phone
(870) 425-4515Principal Officer
Gary Smith
Main Address
1635 LEO DAVIS DR, MOUNTAIN HOME, AR, 72653
NTEE Category
Code: L21Z - Housing
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