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Clinch River Apartments Inc

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

EIN: 621873825 ✦ Cookeville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Clinch River Apartments Inc?

Clinch River Apartments Inc is a nonprofit organization based in Cookeville, Tennessee, specifically at 1104 England Drive. Their primary focus is on providing affordable housing for individuals with disabilities, adhering to Section 811 of the National Housing Act. The rent and operational methods for this 19-unit complex are regulated by the Housing and Urban Development (HUD). The organization is committed to enhancing the living conditions of the disabled and strives to create a conducive environment that promotes their well-being. HUD subsidizes tenant rent to ensure affordability.

Is Clinch River Apartments Inc legitimate?

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

Clinch River Apartments Inc is dedicated to serving individuals with disabilities by providing affordable housing. The organization strives to create an environment that promotes the well-being of its residents. This is accomplished through Section 811 housing projects, which are regulated by the Department of Housing and Urban Development (HUD). The rental charges and operating methods for these apartments are governed by HUD, and the tenant's rent is subsidized by the organization. The mission of Clinch River Apartments Inc is to ensure that those with disabilities have accessible and affordable living options that support their overall well-being.

Who is the CEO of Clinch River Apartments Inc?

Myra Walker is the Chairperson of Clinch River Apartments Inc.

What is the revenue of Clinch River Apartments Inc?

Clinch River Apartments Inc's revenue in 2022 was $112,328.

Who are the executives of Clinch River Apartments Inc and what are their salaries?

There 3 volunteers at Clinch River Apartments Inc.


Here are 3 key members and their salaries:


Holly Williams (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Ferran (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Lusk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clinch River Apartments Inc?

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

Mission Statement of Clinch River Apartments Inc

Clinch River Apartments Inc is dedicated to serving the disabled community by providing affordable housing and striving to create an environment that promotes their well-being. This commitment is evident in their 19-unit apartment complex, which falls under Section 811 of the National Housing Act. The rental charges and operating methods for this complex are regulated by the Housing and Urban Development (HUD). Tenant rent in this complex is subsidized by HUD, ensuring that the disabled individuals who reside there can afford housing without undue financial burden. By focusing on affordable housing and creating a conducive living environment, Clinch River Apartments Inc aims to contribute positively to the quality of life of the disabled community.

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Impact




October, 2024

Clinch River Apartments Inc plays a crucial role in enhancing the quality of life for individuals with disabilities by providing affordable housing solutions. The 19-unit apartment complex specifically designed for this population in Cookeville, TN, ensures that residents have access to a supportive living environment.

By adhering to the regulations set by HUD and utilizing the Section 811 program of the National Housing Act, Clinch River Apartments Inc not only offers subsidized rent but also fosters a community that prioritizes the well-being of its tenants. This commitment to affordable housing empowers individuals with disabilities, allowing them to lead more independent lives while enjoying a sense of belonging and security within their homes.

Through its focus on creating a conducive living environment, Clinch River Apartments Inc significantly contributes to the overall development and stability of the disabled community, reflecting a broader commitment to social equity and inclusion.




This information is meant to be a general summary of Clinch River 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
$112,328 (2022)
Expenses
$144,922 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $58,277
  • Gross Receipts: $112,328

Assets and Liabilities:

  • Total Assets: $762,777
  • Total Liabilities: $37,754
  • Net Assets: $725,023

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Programs

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

RENTAL INCOME

Revenue

$58,277

Organization Details

Founding Year

2003

Principal Officer

Myra Walker

Main Address

1104 ENGLAND DRIVE, COOKEVILLE, TN, 38501

NTEE Category

Code: P82 - Human services

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