Overview
What is Mccreary Apartments Inc?
Mccreary Apartments Inc is a nonprofit organization situated in Whitley City, Kentucky. Their primary mission is to offer affordable housing solutions for families with limited income or senior citizens living on a fixed income. They achieve this by providing subsidized rents that are contingent on the income level and family size of the residents. This approach ensures that low-income individuals and families have access to suitable living accommodations.
Is Mccreary Apartments Inc legitimate?
Mccreary Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccreary 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: $73,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,500
For more financial information, click here
What is the mission statement of Mccreary Apartments Inc?
Mccreary Apartments Inc is committed to providing appropriate housing for families with limited or moderate income and senior citizens living on a fixed income. They fulfill this mission by offering subsidized rents that are determined by an individual's income level and family size. This allows Mccreary Apartments to cater to the low-income housing needs of their residents. The company's goal is to make adequate housing accessible to those who require it the most. While the specific location of the apartments is Whitley City, KY, the mission statement itself is focused on the provision of low-income housing services.
Who is the CEO of Mccreary Apartments Inc?
David Perry is the Manager of Mccreary Apartments Inc.
What is the revenue of Mccreary Apartments Inc?
Mccreary Apartments Inc's revenue in 2022 was $313,150.
Who are the executives of Mccreary Apartments Inc and what are their salaries?
The average compensation at Mccreary Apartments Inc during 2022 was $56,550. There are 2 employees at Mccreary Apartments Inc.
Here are 6 key members and their salaries:
- Compensation: $73,600
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mccreary Apartments Inc?
Mccreary Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mccreary Apartments Inc
Mccreary Apartments Inc, a nonprofit organization, is dedicated to providing adequate housing for families with low or moderate income and senior citizens who live on fixed income. This mission is accomplished by offering subsidized rents that are based on an individual's income level and family size. By doing so, Mccreary Apartments Inc fulfills its commitment to providing low-income housing, ensuring that individuals and families in need have access to a secure and comfortable living environment. The organization's mission is crucial in addressing the housing needs of vulnerable populations and promoting social equality and stability.
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Impact
October, 2024
Mccreary Apartments Inc plays a significant role in the community by addressing the critical need for affordable housing. By providing low-income housing options for families and senior citizens on fixed incomes in Whitley City, KY, they ensure that vulnerable populations have access to safe and adequate living conditions.
With subsidized rents based on income level and family size, Mccreary Apartments makes it possible for residents to allocate their limited financial resources to other essential needs such as healthcare, education, and daily living expenses. This supportive housing environment not only helps stabilize families and individuals but also promotes a sense of community and belonging.
The impact of Mccreary Apartments extends beyond just providing shelter; it fosters economic stability and improves the overall quality of life for its residents. By alleviating housing costs, they contribute to a stronger community fabric where individuals and families can thrive despite financial constraints. In summary, Mccreary Apartments Inc is a vital resource aimed at enhancing living conditions and empowering those who face economic challenges in Whitley City.
This information is meant to be a general summary of Mccreary 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: $553
- Program Service Revenue: $78,751
- Gross Receipts: $313,150
Assets and Liabilities:
- Total Assets: $642,539
- Total Liabilities: $19,060
- Net Assets: $623,479
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant rents
Revenue
$72,270
Laundry income
Revenue
$5,393
Late fees
Revenue
$1,088
Organization Details
Founding Year
1976
Phone
(606) 376-5688Principal Officer
David Perry
Main Address
317 OLD BAILEY ROAD, WHITLEY CITY, KY, 42653
NTEE Category
Code: L21Z - Housing
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