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Twin Oaks Apartments Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582044967 ✦ Batesville, AR ✦ Designated as a 501(c)(3)

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Overview

What is Twin Oaks Apartments Inc?

Twin Oaks Apartments Inc is a government-backed housing project, overseen by the U.S. Department of Housing and Urban Development. Its primary objective is to offer affordable living accommodations for elderly individuals and those with disabilities who have limited income. The project is dedicated to ensuring that these individuals have access to affordable housing, thereby improving their overall living conditions.

Is Twin Oaks Apartments Inc legitimate?

Twin Oaks Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Oaks 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 Twin Oaks Apartments Inc?

Twin Oaks Apartments Inc, as a project under the U.S. Department of Housing and Urban Development, is committed to providing affordable housing for low-income elderly and handicapped individuals. Their primary mission is to ensure that elderly individuals with limited financial resources have access to suitable living accommodations. By offering affordable housing, Twin Oaks Apartments Inc aims to enhance the quality of life for this specific demographic, providing them with a secure and comfortable living environment.

Who is the CEO of Twin Oaks Apartments Inc?

Lamar Wright is the President of Twin Oaks Apartments Inc.

What is the revenue of Twin Oaks Apartments Inc?

Twin Oaks Apartments Inc's revenue in 2022 was $128,616.

Who are the executives of Twin Oaks Apartments Inc and what are their salaries?


Here are 6 key members and their salaries:


Lamar Wright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Kennedy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kennedy (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Lyons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Lyons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Twin Oaks Apartments Inc?

Twin Oaks Apartments Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Twin Oaks Apartments Inc

Twin Oaks Apartments Inc is a mission-driven organization, overseen by the U.S. Department of Housing and Urban Development. Its primary goal is to offer affordable housing opportunities for low-income elderly and handicapped individuals. By providing such accommodations, Twin Oaks Apartments Inc aims to offer a living space that is within reach for those who might otherwise struggle to secure appropriate housing due to their financial circumstances. This initiative serves as a crucial safety net, ensuring that these individuals can maintain their independence and dignity while residing in a secure and supportive environment.

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Impact




October, 2024

Twin Oaks Apartments Inc significantly impacts the Batesville, AR community by providing affordable housing for low-income elderly and handicapped individuals. By addressing a critical need for safe and accessible living conditions, Twin Oaks helps enhance the quality of life for its residents.

The apartments offer a stable environment where elderly individuals can maintain their independence while benefiting from a supportive community. This housing initiative alleviates financial burdens for low-income families, allowing seniors to allocate their limited resources towards healthcare and living essentials.

Moreover, by providing a comfortable and affordable living space, Twin Oaks Apartments fosters social connections among residents, reducing feelings of isolation that many elderly individuals face. This commitment to creating a supportive community contributes to the overall well-being and dignity of its residents, making a lasting positive impact on their lives.




This information is meant to be a general summary of Twin Oaks 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.

Revenue
$128,616 (2022)
Expenses
$133,229 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $49
  • Program Service Revenue: $58,765
  • Gross Receipts: $128,616

Assets and Liabilities:

  • Total Assets: $327,646
  • Total Liabilities: $10,824
  • Net Assets: $316,822

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Organization Details

Principal Officer

Lamar Wright

Main Address

PO Box 2637, Batesville, AR, 72501

NTEE Category

Code: L22Z - Housing

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