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Key Vista Apartments Inc

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

EIN: 593280134 ✦ Lecanto, FL ✦ Designated as a 501(c)(3)

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Overview

What is Key Vista Apartments Inc?

Key Vista Apartments Inc is a nonprofit organization situated in Lecanto, Florida. Their primary mission is to offer affordable housing solutions to low-income adults, including those with developmental disabilities and intellectual impairments. The organization's activities are focused on providing a suitable living environment for these individuals, ensuring they have access to safe and comfortable housing. The organization's address is 5399 W Gulf Lake Hwy, Lecanto, FL 34461.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

Key Vista Apartments Inc demonstrates strong accountability and finance management, as evidenced by its high scores in areas like independent board governance and a favorable liabilities to assets ratio. The organization has maintained a significant program expense ratio of 91.12%, indicating that the majority of its funds are directed towards its mission-related activities. These strengths suggest a commitment to operating efficiently and effectively.

However, the organization faces some notable limitations, particularly concerning governance policies. Key Vista Apartments Inc has received no points for missing critical policies such as conflict of interest, whistleblower, and document retention and destruction policies. Additionally, the absence of tax forms on the nonprofit's website reflects a lack of transparency that could be a concern for potential donors and stakeholders. Overall, while the organization shows solid financial management, the gaps in its policies may affect its operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Key Vista Apartments Inc legitimate?

Key Vista Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key Vista 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: $0

For more financial information, click here

What is the mission statement of Key Vista Apartments Inc?

Key Vista Apartments Inc, as an organization, is committed to providing housing for low-income adults who are developmentally disabled or mentally retarded. Their mission is centered around offering affordable living spaces to this specific group of individuals, aiming to enhance their quality of life. The organization's activities are geared towards catering to the unique needs of these adults, providing them with a supportive housing environment. By doing so, Key Vista Apartments Inc contributes to fostering a sense of independence and community for these individuals, thereby improving their overall well-being.

Who is the CEO of Key Vista Apartments Inc?

Melissa Walker is the Secretary of Key Vista Apartments Inc.

What is the revenue of Key Vista Apartments Inc?

Key Vista Apartments Inc's revenue in 2022 was $78,670.

Who are the executives of Key Vista Apartments Inc and what are their salaries?


Here are 4 key members and their salaries:


Ruth L Levins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Moling (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Zemanik (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Key Vista Apartments Inc?

Key Vista Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Key Vista Apartments Inc

Key Vista Apartments Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals who fall under the low-income category and are diagnosed with developmental disabilities or mental retardation. This mission is central to their activity and aligns with their overall purpose, which is to offer affordable housing options that cater to the unique needs of these individuals. By providing a safe and supportive living environment, Key Vista Apartments Inc plays a crucial role in enabling these adults to lead fulfilling lives with dignity and independence. The organization's commitment to this cause is evident in its consistent efforts to ensure that the housing it provides is accessible, affordable, and conducive to the well-being of its residents.

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Impact




August, 2024

Key Vista Apartments Inc has a substantial impact on the community by providing affordable housing to low-income, developmentally disabled, and mentally retarded adults in Lecanto, Florida. Through their mission of offering housing to those in need, Key Vista Apartments Inc plays a critical role in supporting vulnerable individuals in accessing stable and secure living arrangements. Their focus on human services ensures that marginalized populations have a place to call home, promoting dignity, independence, and a better quality of life for those they serve.




This information is meant to be a general summary of Key Vista 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
$78,670 (2022)
Expenses
$100,207 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $78,667
  • Gross Receipts: $78,670

Assets and Liabilities:

  • Total Assets: $423,958
  • Total Liabilities: $22,140
  • Net Assets: $401,818

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENT REVENUE

Revenue

$78,667

Organization Details

Founding Year

1993

Principal Officer

Melissa Walker

Main Address

5399 W GULF TO LAKE HWY, LECANTO, FL, 34461

NTEE Category

Code: P82Z - Human services

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