Overview
What is Madison Community Apartments Inc?
Madison Community Apartments Inc, based in Monroe, Louisiana, is a nonprofit organization dedicated to providing affordable housing solutions. Specifically, they focus on serving low and moderate income families in the Tallulah area. Their mission is to ensure that these families have access to safe and decent living spaces, contributing to the overall well-being of the community. They strive to meet this objective by offering housing options within their area of operation.
Is Madison Community Apartments Inc legitimate?
Madison Community Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Madison Community 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: $84,298
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What is the mission statement of Madison Community Apartments Inc?
Madison Community Apartments Inc is committed to providing safe and decent housing for families with low and moderate income levels. Their primary mission is to contribute to the housing needs of this demographic, ensuring a suitable living environment for them. The organization's activities are centered around offering low-income housing in the relevant area, aiming to enhance the quality of life for these families. While the specific location of Madison Community Apartments Inc is not mentioned, it is clear that they are dedicated to making a positive impact on the community by providing affordable housing solutions.
Who is the CEO of Madison Community Apartments Inc?
Unavailable
What is the revenue of Madison Community Apartments Inc?
Madison Community Apartments Inc's revenue in 2023 was $510,056.
Who are the executives of Madison Community Apartments Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Madison Community Apartments Inc?
Madison Community Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Madison Community Apartments Inc
Madison Community Apartments Inc is a dedicated organization with a mission to provide safe and decent housing for families with low to moderate incomes. This nonprofit aims to make a significant impact in the community by offering affordable housing options in an unspecified location. Their primary goal is to ensure that every family in need has a place to call home, promoting a sense of security and stability. By focusing on affordable housing, Madison Community Apartments Inc plays a crucial role in improving the living conditions of numerous families, ultimately contributing to a stronger and more equitable community.
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Impact
October, 2024
Madison Community Apartments Inc plays a vital role in enhancing the quality of life for low and moderate-income families in Tallulah, LA, by providing safe and decent housing. This initiative addresses the pressing need for affordable housing in the area, ensuring that families have access to stable living conditions. By prioritizing the needs of those who may struggle to find suitable accommodation, the organization fosters a sense of community and security. The impact extends beyond just providing shelter; it contributes to the overall well-being of individuals and families, promoting economic stability and a healthier living environment. In doing so, Madison Community Apartments Inc helps lay the foundation for a more resilient and connected community in Tallulah.
This information is meant to be a general summary of Madison Community 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 2023.
- Investment Income: $1,021
- Program Service Revenue: $83,867
- Gross Receipts: $510,056
Assets and Liabilities:
- Total Assets: $564,486
- Total Liabilities: $835,241
- Net Assets: -$270,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$79,471
TENANT CHARGES
Revenue
$4,396
Organization Details
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