Overview
What is Cic Arms Inc?
Cic Arms Inc, situated in McGehee, Arkansas, is a nonprofit entity primarily known for its fifty-unit apartment complex. This complex serves as a vital resource, offering affordable housing options to its residents. The organization's primary mission is to provide low-rent accommodations, thereby contributing to the local community by addressing housing needs and promoting accessibility.
Is Cic Arms Inc legitimate?
Cic Arms Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cic Arms 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: $103,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,219
For more financial information, click here
What is the mission statement of Cic Arms Inc?
CIC Arms Inc, as a housing entity, is committed to offering affordable living solutions to its residents. The organization operates a fifty-unit apartment complex, providing low-cost housing to its tenants. While the information does not provide a formal mission statement, it can be inferred that CIC Arms Inc's primary mission is to ensure accessible and affordable housing for its residents, promoting a sense of community and housing stability.
Who is the CEO of Cic Arms Inc?
John Ellis is the President of Cic Arms Inc.
What is the revenue of Cic Arms Inc?
Cic Arms Inc's revenue in 2022 was $335,042.
Who are the executives of Cic Arms Inc and what are their salaries?
The average compensation at Cic Arms Inc during 2022 was $28,417. There are 6 employees at Cic Arms Inc.
Here are 7 key members and their salaries:
- Compensation: $84,548
- Related: $0
- Other: $0
- Compensation: $6,065
- Related: $0
- Other: $0
- Compensation: $3,615
- Related: $0
- Other: $0
- Compensation: $3,565
- Related: $0
- Other: $0
- Compensation: $3,040
- Related: $0
- Other: $0
- Compensation: $1,590
- Related: $0
- Other: $0
- Compensation: $860
- Related: $0
- Other: $0
Where can I find the form 990 for Cic Arms Inc?
Cic Arms Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cic Arms Inc
CIC Arms Inc, as a mission-driven organization, is dedicated to providing affordable housing solutions. Specifically, it operates as a fifty-unit apartment complex, catering to tenants in need of low-rent accommodations. This nonprofit's primary objective is to ensure that individuals and families have access to secure and reasonably priced housing, thereby contributing to their overall well-being and stability. By offering this service, CIC Arms Inc plays a significant role in promoting community development and social equality, ensuring that housing remains a basic human need that is within reach for all.
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Impact
October, 2024
Cic Arms Inc has a significant impact on the McGehee, Arkansas community by providing affordable housing options through its fifty-unit apartment complex. By offering low rent accommodations, Cic Arms plays a crucial role in addressing the housing needs of local residents, particularly those who may face financial challenges. This initiative not only helps to stabilize families but also contributes to the overall economic health of the community by ensuring more individuals have access to secure and safe living conditions. Ultimately, Cic Arms Inc fosters a sense of community and belonging for its tenants, enhancing their quality of life and supporting their various needs.
This information is meant to be a general summary of Cic Arms 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: $244
- Program Service Revenue: $334,798
- Gross Receipts: $335,042
Assets and Liabilities:
- Total Assets: $355,743
- Total Liabilities: $70,339
- Net Assets: $285,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$259,012
Miscellaneous income
Revenue
$643
Rents collected
Revenue
$75,143
Organization Details
Founding Year
1970
Phone
(870) 222-5276Principal Officer
John Ellis
Main Address
S Second Martin Drive, McGehee, AR, 71654
NTEE Category
Code: L22 - Housing
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