Overview
What is Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc?
Anderson Place Apartments Inc, under the umbrella of Cain Center For The Disabled Inc, is a nonprofit organization situated in Louisville, Kentucky. Established with a charitable purpose, this organization has constructed an 11-unit apartment complex specifically designed to accommodate handicapped individuals. Operating under the name Anderson Place Apartments, their mission is to provide and maintain these facilities on a non-profit basis, offering a safe and accessible living environment for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is particularly significant as it highlights the charity's commitment to transparency and responsible financial management, evident in its high scores across several key indicators.
The organization boasts a fully independent board, which is a positive aspect of its governance structure, as reflected in a perfect score for having 100% independent members. Furthermore, it has established comprehensive policies addressing conflicts of interest, whistleblower protections, and document retention, which enhances its operational integrity. The charity also effectively manages its resources, evidenced by a low liabilities-to-assets ratio of 7.32% and an impressive program expense ratio of 83.36%, indicating that a large portion of its funds is utilized directly for its programs.
While the organization demonstrates strong financial stewardship and governance practices, continuous monitoring of its operational effectiveness and program impact will be essential in maintaining its high standards. Overall, Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc stands out as a responsible nonprofit committed to serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc legitimate?
Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anderson Place Apartments Inc C/O Cain Center For The Disabled 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
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What is the mission statement of Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc?
Anderson Place Apartments Inc, as a charitable and non-profit organization, was established with the primary mission of providing housing facilities. Specifically, it has constructed an 11-unit apartment complex, designed to accommodate handicapped individuals. Operating under the name Anderson Place Apartments, its purpose is to offer a living space for those with disabilities, all while operating on a benevolent and non-profit basis.
Who is the CEO of Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc?
Curtis Thrush is the President of Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc.
What is the revenue of Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc?
Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc's revenue in 2022 was $70,998.
Who are the executives of Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc?
Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anderson Place Apartments Inc C/O Cain Center For The Disabled Inc
Anderson Place Apartments Inc, under the umbrella of Cain Center For The Disabled Inc, was established with a mission to provide housing facilities for handicapped individuals. Operating on a charitable and non-profit basis, this organization constructed an 11-unit apartment complex specifically designed for this purpose. The organization, known as Anderson Place Apartments, is committed to housing and providing a living space for individuals with disabilities, demonstrating its dedication to their well-being and independent living. The mission of Anderson Place Apartments Inc is to contribute positively to the lives of handicapped individuals by providing them with a suitable living environment.
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Impact
August, 2024
Anderson Place Apartments Inc, operated through the Cain Center For the Disabled Inc, has made a significant impact by providing housing facilities for handicapped individuals in Louisville, Kentucky. This nonprofit organization has constructed an 11-unit apartment complex specifically designed to accommodate the needs of disabled residents. By offering this specialized housing option, Anderson Place Apartments Inc is not only meeting a critical need in the community but also enhancing the quality of life for those with disabilities. Their mission to provide accessible and supportive housing aligns with their charitable and nonprofit goals, making a tangible difference in the lives of the individuals they serve.
This information is meant to be a general summary of Anderson Place Apartments Inc C/O Cain Center For The Disabled 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: $8
- Program Service Revenue: $28,557
- Gross Receipts: $70,998
Assets and Liabilities:
- Total Assets: $466,804
- Total Liabilities: $38,146
- Net Assets: $428,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$28,557
Organization Details
Founding Year
1998
Phone
(502) 589-3030Principal Officer
Curtis Thrush
Main Address
924 EAST LIBERTY, LOUISVILLE, KY, 40204
NTEE Category
Code: L20 - Housing
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