Overview
What is Florida Gulf Coast Apartments Inc?
Florida Gulf Coast Apartments Inc is a nonprofit organization situated in Tampa, Florida, with a specific focus on providing affordable housing solutions for the elderly. Operating with a team of five dedicated individuals, the organization's mission is centered around offering low-income housing options for this demographic. By doing so, they contribute to the well-being and security of elderly individuals in the community, ensuring they have a suitable living environment. The organization's primary activity lies in this area, providing a crucial service for those who may otherwise face housing challenges due to their financial circumstances.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
Florida Gulf Coast Apartments Inc has achieved a commendable rating of 94%, which indicates a strong performance in accountability and financial management. The organization's score is based entirely on its Accountability & Finance metrics, highlighting its commitment to transparency and responsible stewardship of resources. The Four-Star rating reflects the organization’s dedication to maintaining high standards in these areas.
The nonprofit boasts a fully independent board, with all eight members meeting the criteria for independence. This governance structure, combined with excellent scores in areas such as financial statements and conflict of interest policies, suggests that the organization is well-managed and operates with integrity. Additionally, it has ensured that there are no material diversions of assets, further reinforcing its reliability.
Despite the strong performance metrics, specific programmatic outcomes and impact data are not detailed in the rating summary. While financial accountability is crucial, potential donors may be interested in understanding the organization's effectiveness in delivering its mission and the direct impact of its programs on the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Gulf Coast Apartments Inc legitimate?
Florida Gulf Coast Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Gulf Coast 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: $225,750
For more financial information, click here
What is the mission statement of Florida Gulf Coast Apartments Inc?
Florida Gulf Coast Apartments Inc is dedicated to providing low-income housing solutions for the elderly. Their mission is to ensure that elderly individuals have access to affordable living accommodations. By offering this service, the organization aims to contribute to the well-being and independence of the elderly community, providing them with a secure and comfortable living environment. The organization's activities are centered around this mission, ensuring that elderly individuals have access to housing that fits their budgetary constraints. This commitment to low-income housing for the elderly is a vital contribution to the community, providing a necessary service for many elderly individuals.
Who is the CEO of Florida Gulf Coast Apartments Inc?
Jack R Nesmith is the Principal Officer of Florida Gulf Coast Apartments Inc.
What is the revenue of Florida Gulf Coast Apartments Inc?
Florida Gulf Coast Apartments Inc's revenue in 2022 was $779,992.
Who are the executives of Florida Gulf Coast Apartments Inc and what are their salaries?
The average compensation at Florida Gulf Coast Apartments Inc during 2022 was $45,150. There are 5 employees at Florida Gulf Coast Apartments Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Florida Gulf Coast Apartments Inc?
Florida Gulf Coast Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida Gulf Coast Apartments Inc
Florida Gulf Coast Apartments Inc, as stated in the provided information, is committed to providing low-income housing facilities for the elderly. This organization's mission is centered around ensuring that elderly individuals have access to suitable living arrangements, regardless of their financial circumstances. By offering low-income housing, Florida Gulf Coast Apartments Inc aims to contribute positively to the well-being and independence of the elderly population, allowing them to maintain a dignified standard of living. The organization's focus on elderly housing is a testament to its dedication to supporting a vulnerable demographic and addressing the unique housing needs they may face.
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Impact
July, 2024
Florida Gulf Coast Apartments Inc's impact can be seen in the provision of low-income housing for the elderly in Tampa, Florida. By offering affordable housing options for this vulnerable population, the organization contributes to improving their quality of life and ensuring they have a safe and secure place to call home. The availability of such housing helps address the housing needs of the elderly community, supporting their well-being and overall stability. Additionally, Florida Gulf Coast Apartments Inc's focus on providing housing for the elderly aligns with its mission to serve this specific demographic, making a meaningful impact on the lives of older individuals in the area.
This information is meant to be a general summary of Florida Gulf Coast 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: $908
- Program Service Revenue: $779,084
- Gross Receipts: $779,992
Assets and Liabilities:
- Total Assets: $1,423,508
- Total Liabilities: $95,334
- Net Assets: $1,328,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING RENTAL
Revenue
$779,084
Organization Details
Founding Year
1966
Phone
(813) 933-1020Principal Officer
Jack R Nesmith
Main Address
816 W LINEBAUGH AVE, TAMPA, FL, 33612
NTEE Category
Code: L22Z - Housing
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