Overview
What is 205 Corporation Inc?
205 Corporation Inc, doing business as Angels Acres, is a nonprofit organization located in Shawnee, Oklahoma. With a modest workforce of three individuals, they are committed to providing affordable housing solutions for individuals with developmental disabilities. The organization has developed 30 units specifically designed to cater to this demographic, ensuring they have a safe and comfortable living environment.
Is 205 Corporation Inc legitimate?
205 Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 205 Corporation 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: $42,608
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What is the mission statement of 205 Corporation Inc?
205 Corporation Inc's mission is centered around providing housing solutions. Specifically, they aim to offer 30 units of affordable housing for individuals with developmental disabilities. This mission is driven by a commitment to make housing accessible for this particular group, thereby contributing to their overall well-being and independence. The corporation's activities are focused on this goal, providing a safe and suitable living environment for these individuals.
Who is the CEO of 205 Corporation Inc?
Melanie Corter is the Board Member of 205 Corporation Inc.
What is the revenue of 205 Corporation Inc?
205 Corporation Inc's revenue in 2022 was $261,896.
Who are the executives of 205 Corporation Inc and what are their salaries?
The average compensation at 205 Corporation Inc during 2022 was $14,203. There are 3 employees and 4 volunteers at 205 Corporation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 205 Corporation Inc?
205 Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 205 Corporation Inc
205 Corporation Inc, as a nonprofit organization, is devoted to providing a crucial service. Its mission lies in offering affordable housing to individuals with developmental disabilities, specifically catering to 30 units within this category. This endeavor aims to ensure that these individuals have a secure and suitable living environment, thereby enhancing their quality of life. By providing low-income housing, 205 Corporation Inc is contributing to the overall well-being of this vulnerable group, enabling them to live independently and with dignity.
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Impact
October, 2024
205 Corporation Inc significantly impacts the community of Shawnee, Oklahoma, by providing essential low-income housing specifically designed for developmentally disabled persons. By offering 30 units of housing, the organization addresses a critical need for accessible living options, improving the quality of life for individuals who often face challenges in finding suitable accommodations. This initiative not only fosters a sense of community and belonging among residents but also promotes their independence and overall well-being. By focusing on health and housing stability, 205 Corporation Inc plays a vital role in enhancing the social and economic conditions for a vulnerable segment of the population, contributing to a more inclusive and supportive environment for all.
This information is meant to be a general summary of 205 Corporation 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: $981
- Program Service Revenue: $70,312
- Gross Receipts: $261,896
Assets and Liabilities:
- Total Assets: $913,819
- Total Liabilities: $888,964
- Net Assets: $24,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$68,231
Laundry and Vending
Revenue
$2,081
Organization Details
Founding Year
1985
Principal Officer
Melanie Corter
Main Address
1901 North Kickapoo St, Shawnee, OK, 74804
NTEE Category
Code: E00 - Health
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