Cumberland Valley Apartments Inc

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

EIN: 610960827 ✦ Burkesville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Cumberland Valley Apartments Inc?

Cumberland Valley Apartments Inc, established in Burkesville, Kentucky, serves as a vital resource for 20 underprivileged individuals by providing them with subsidized housing. As a low-income housing facility, its mission is to alleviate housing-related struggles for those in need, ensuring they can live with dignity and stability. The organization plays a crucial role in its local community by offering affordable housing options.

Is Cumberland Valley Apartments Inc legitimate?

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

Cumberland Valley Apartments Inc, as a organization, is dedicated to providing subsidized housing for 20 economically disadvantaged individuals. Its mission is centered around offering a residential solution to those in need, thereby contributing to their living situation. This facility operates with the goal of making housing more accessible and affordable, thereby enhancing the living conditions of its residents.

Who is the CEO of Cumberland Valley Apartments Inc?

Bob Hale is the Pres of Cumberland Valley Apartments Inc.

What is the revenue of Cumberland Valley Apartments Inc?

Cumberland Valley Apartments Inc's revenue in 2023 was $167,564.

Who are the executives of Cumberland Valley Apartments Inc and what are their salaries?


Here are 4 key members and their salaries:


Bob Hale (Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Castillo (Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mosby (Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Cash (Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cumberland Valley Apartments Inc?

Cumberland Valley Apartments Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Cumberland Valley Apartments Inc

Cumberland Valley Apartments, as a nonprofit organization, is dedicated to providing subsidized housing for 20 individuals who are in need. Their mission is to offer affordable living spaces, thereby aiding those who may struggle financially. By providing this service, Cumberland Valley Apartments contributes to the betterment of the community by offering a stable living environment to its residents.

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Impact




October, 2024

Cumberland Valley Apartments Inc plays a vital role in the Burkesville community by providing a safe and affordable living environment for individuals and families in need. By offering subsidized housing to 20 residents, the facility alleviates financial burdens and enhances the overall quality of life for those who may struggle to secure stable accommodations in the private housing market.

The impact of this initiative extends beyond simply providing shelter; it fosters a sense of community and support among residents, allowing them to focus on personal growth and stability. Access to affordable housing can significantly reduce stress levels, promote well-being, and lead to better health outcomes for individuals living in challenging financial circumstances. Moreover, it contributes to the overall economic stability of the area by allowing residents to allocate more of their limited resources toward education, healthcare, and other essential needs.

In summary, Cumberland Valley Apartments Inc is essential for addressing housing insecurity in Burkesville, creating opportunities for its residents, and enriching the community as a whole.




This information is meant to be a general summary of Cumberland Valley 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
$167,564 (2023)
Expenses
$159,746 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $166,747
  • Gross Receipts: $167,564

Assets and Liabilities:

  • Total Assets: $280,515
  • Total Liabilities: $110,267
  • Net Assets: $170,248

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Organization Details

Principal Officer

Bob Hale

Main Address

542 CARY LANE, BURKESVILLE, KY, 42717

NTEE Category

Code: L21 - Housing

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