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Bicentennial Apartments Inc

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

EIN: 753146166 ✦ Spearfish, SD ✦ Designated as a 501(c)(3)

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Overview

What is Bicentennial Apartments Inc?

Bicentennial Apartments Inc, located in Spearfish, South Dakota (specifically at 430 Oriole Drive), is a nonprofit organization that specializes in housing assistance. Under the guidelines set by the U.S. Department of Housing and Urban Development (HUD), they provide affordable housing to 22 eligible low-income elderly families. Their primary mission revolves around offering a secure living environment for this demographic, ensuring they have access to essential housing services.

Is Bicentennial Apartments Inc legitimate?

Bicentennial Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bicentennial 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: $0

For more financial information, click here

What is the mission statement of Bicentennial Apartments Inc?

Bicentennial Apartments Inc, as a organization, provides housing for 22 families who meet the criteria of being low-income elderly individuals, according to the guidelines set by the HUD. The primary goal of Bicentennial Apartments Inc is to offer a living space for this specific demographic, ensuring they have a secure and comfortable home environment. By doing so, the organization aims to contribute positively to the community, providing a vital service for those in need. The organization adheres strictly to the HUD guidelines in selecting eligible families for housing, ensuring the fair distribution of resources.

Who is the CEO of Bicentennial Apartments Inc?

Jeff Christenson is the President of Bicentennial Apartments Inc.

What is the revenue of Bicentennial Apartments Inc?

Bicentennial Apartments Inc's revenue in 2022 was $121,135.

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

There 4 volunteers at Bicentennial Apartments Inc.


Here are 4 key members and their salaries:


Don Cale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Hollenback (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Hopkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Bishop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bicentennial Apartments Inc?

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

Mission Statement of Bicentennial Apartments Inc

Bicentennial Apartments Inc, a nonprofit organization, is dedicated to providing housing solutions for eligible low-income elderly individuals. Under the guidelines set by the HUD, this organization extends its services to 22 families, ensuring they have a secure and comfortable living space. By offering housing, Bicentennial Apartments Inc plays a significant role in supporting the community's elderly population, providing them with a sense of stability and security. The organization's mission is grounded in the belief that everyone deserves a safe and comfortable living environment, regardless of their financial situation.

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Impact




October, 2024

Bicentennial Apartments Inc significantly contributes to the community by providing stable housing for 22 low-income elderly families in Spearfish, SD. This initiative ensures that vulnerable populations have access to safe and affordable living conditions, directly addressing the housing needs outlined by HUD guidelines. By prioritizing this demographic, Bicentennial Apartments fosters a supportive environment that promotes dignity and quality of life for elderly residents, enhancing their overall well-being and stability. The organization plays a crucial role in combating housing insecurity among the elderly in the region, offering them a vital resource that enables them to thrive in their later years.




This information is meant to be a general summary of Bicentennial 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
$121,135 (2022)
Expenses
$192,283 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $116,810
  • Gross Receipts: $121,135

Assets and Liabilities:

  • Total Assets: $1,482,567
  • Total Liabilities: $2,173,781
  • Net Assets: -$691,214

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Programs

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

RENT

Revenue

$106,216

CABLE

Revenue

$6,313

MISC TENANT CHARGES

Revenue

$2,930

LAUNDRY/VENDING

Revenue

$1,351

Organization Details

Founding Year

2004

Principal Officer

Jeff Christenson

Main Address

430 ORIOLE DRIVE, SPEARFISH, SD, 57783

NTEE Category

Code: L21 - Housing

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