Saint Francis Apartments Inc

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

EIN: 640748961 ✦ Ocean springs, MS ✦ Designated as a 501(c)(3)

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Overview

What is Saint Francis Apartments Inc?

Saint Francis Apartments Inc, headquartered in Ocean Springs, Mississippi, is a dedicated nonprofit organization. Under the National Housing Act, they have an agreement with the Department of Housing and Urban Development (HUD) to provide housing specifically for the elderly. This commitment is reflected in their mission to offer suitable living spaces, ensuring the well-being of their elderly residents. The organization's primary focus is on Section 202 of the National Housing Act, through which they diligently work to meet the housing needs of the elderly population.

Is Saint Francis Apartments Inc legitimate?

Saint Francis Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Francis 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: $72,223

For more financial information, click here

What is the mission statement of Saint Francis Apartments Inc?

Saint Francis Apartments Inc, as part of its mission, provides housing for the elderly under Section 202 of the National Housing Act. This is done through an agreement with the Department of Housing and Urban Development (HUD). Their primary objective is to offer a living space for the elderly, ensuring they have a secure and suitable residence. The organization's activities are centered around meeting the housing needs of this demographic, demonstrating a commitment to their well-being and comfort. The arrangement with HUD allows Saint Francis Apartments Inc to contribute significantly to the elderly population, providing them with a vital living resource.

Who is the CEO of Saint Francis Apartments Inc?

David Green is the President of Saint Francis Apartments Inc.

What is the revenue of Saint Francis Apartments Inc?

Saint Francis Apartments Inc's revenue in 2022 was $331,433.

Who are the executives of Saint Francis Apartments Inc and what are their salaries?


There is 1 key member and their salary:


David Green (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Saint Francis Apartments Inc?

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

Mission Statement of Saint Francis Apartments Inc

Saint Francis Apartments Inc, as a nonprofit organization, is dedicated to providing housing solutions for the elderly. This commitment is rooted in Section 202 of the National Housing Act, and it operates under an agreement with the Department of Housing and Urban Development (HUD). The organization's primary mission is to offer suitable living spaces for the elderly population, ensuring they have a comfortable and secure environment to call home. By adhering to the guidelines set forth in Section 202, Saint Francis Apartments Inc strives to make a positive impact on the lives of its residents, providing them with the necessary support and resources to age gracefully.

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Impact




October, 2024

Saint Francis Apartments Inc plays a crucial role in providing affordable housing for the elderly in Ocean Springs, MS. By operating under Section 202 of the National Housing Act and collaborating with the Department of HUD, it ensures that senior citizens have access to safe and suitable living environments tailored to their needs. This initiative not only alleviates housing insecurity among the elderly but also fosters a supportive community where residents can thrive. The impact extends beyond providing a roof over their heads; it helps enhance their quality of life, promoting dignity and independence for a demographic that often faces challenges in securing adequate housing.




This information is meant to be a general summary of Saint Francis 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
$331,433 (2022)
Expenses
$347,116 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Program Service Revenue: $331,399
  • Gross Receipts: $331,433

Assets and Liabilities:

  • Total Assets: $486,279
  • Total Liabilities: $726,292
  • Net Assets: -$240,013

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Programs

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

RENTAL REVENUE

Revenue

$331,399

Organization Details

Founding Year

1991

Principal Officer

David Green

Main Address

PO BOX 1530, OCEAN SPRINGS, MS, 39566

NTEE Category

Code: L22 - Housing

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