Overview
What is Bethel Apartments Inc?
Bethel Apartments Inc is a nonprofit organization situated in Alexandria, Louisiana. Their primary mission is to provide suitable and decent housing for families with low and very low incomes. They accomplish this by leveraging Section 202 of the Federal Housing Act and Section 8 programs from the Department of Housing and Urban Development. By doing so, they offer assistance to these income groups, ensuring they have access to comfortable accommodations in the Alexandria area. The organization works closely with HUD to make this a reality.
Official website here: www.none
Is Bethel Apartments Inc legitimate?
Bethel Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bethel 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: $118,712
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Official website here: www.none
What is the mission statement of Bethel Apartments Inc?
Bethel Apartments Inc's mission is centered around providing adequate and decent housing to families with low and very low income levels. They achieve this by leveraging Section 202 of the Federal Housing Act and Section 8 of the Department of Housing and Urban Development's programs. The organization's primary goal is to assist these income groups in securing housing, working in collaboration with HUD. By doing so, Bethel Apartments Inc strives to contribute to the well-being and stability of these families.
Official website here: www.none
Who is the CEO of Bethel Apartments Inc?
Lydell Scott is the Exec. Vice President of Bethel Apartments Inc.
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What is the revenue of Bethel Apartments Inc?
Bethel Apartments Inc's revenue in 2022 was $595,817.
Official website here: www.none
Who are the executives of Bethel Apartments Inc and what are their salaries?
The average compensation at Bethel Apartments Inc during 2022 was $14,839. There are 8 employees at Bethel Apartments Inc.
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Bethel Apartments Inc
Bethel Apartments Inc, a nonprofit organization, is committed to providing adequate and decent housing to families with low and very low income levels. This mission is carried out through the utilization of two key programs: Section 202 of the Federal Housing Act and Section 8 of the Department of Housing and Urban Developments programs. By leveraging these programs, Bethel Apartments Inc aims to assist these income-restricted families in Alexandria, Louisiana. The organization's goal is to provide not just housing but adequate housing, ensuring that the living spaces meet necessary standards for comfort and safety. Working in collaboration with the HUD, Bethel Apartments Inc strives to make a significant impact on the community, providing housing solutions to those in need.
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Impact
October, 2024
Bethel Apartments Inc significantly impacts the Alexandria, Louisiana community by addressing the critical need for adequate housing among very low and low-income families. By leveraging Section 202 of the Federal Housing Act and Section 8 of the Department of Housing and Urban Development (HUD) programs, it helps ensure that families in need have access to safe and decent living conditions.
This organization plays a vital role in enhancing the quality of life for residents by providing stable housing options that alleviate the stress of housing insecurity. By collaborating with federal programs, Bethel Apartments Inc not only facilitates affordable housing but also contributes to the overall economic stability of the community, allowing families to focus on other essential aspects of life, such as education and employment.
Overall, Bethel Apartments Inc fosters a healthier, more resilient community by prioritizing housing stability for some of its most vulnerable residents.
This information is meant to be a general summary of Bethel 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 2022.
- Investment Income: $61
- Program Service Revenue: $595,756
- Gross Receipts: $595,817
Assets and Liabilities:
- Total Assets: $2,898,638
- Total Liabilities: $4,043,023
- Net Assets: -$1,144,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$590,622
Tenant Charges and Fees
Revenue
$5,134
Organization Details
Founding Year
1969
Phone
(318) 424-8720Principal Officer
Lydell Scott
Main Address
724 C WILLOW GLEN, ALEXANDRIA, LA, 713025400
Website
www.noneNTEE Category
Code: L21 - Housing
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