Overview
What is Prairie Tower Apartments?
Prairie Tower Apartments, located in Billings, Montana, is a dedicated retirement home or senior housing program. Its primary mission is to offer affordable living accommodations to the elderly and disabled individuals within the community, ensuring they maintain a comfortable and secure living environment. By providing low-income housing, this nonprofit organization plays a crucial role in upholding the dignity and well-being of its residents, enabling them to lead fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Prairie Tower Apartments has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance. The organization scores 80% overall, with this rating derived solely from its accountability and finance metrics, demonstrating a strong commitment to transparency and responsible financial management.
The nonprofit exhibits particularly strong performance in several key areas. It boasts 100% independent board members, ensuring that governance remains unbiased and focused on the mission. Additionally, the organization has a high program expense ratio of 93.54%, meaning that a significant portion of its expenditures directly supports its programs, which reflects effective resource allocation.
However, while the organization shows strength in financial management, there is limited information about its operational effectiveness and impact on the community served. Future assessments may benefit from a broader evaluation of its programs and outcomes to provide a more comprehensive picture of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Prairie Tower Apartments legitimate?
Prairie Tower Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Tower Apartments 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 Prairie Tower Apartments?
Prairie Tower Apartments is committed to providing low-income housing for the elderly and disabled. Their mission is to offer a living space that caters to individuals who may require additional support due to their age or disability, ensuring they have access to suitable housing options. By providing this service, Prairie Tower Apartments aims to contribute to a more inclusive community where everyone, regardless of their circumstances, has a place to call home.
Who is the CEO of Prairie Tower Apartments?
Unavailable
What is the revenue of Prairie Tower Apartments?
Prairie Tower Apartments's revenue in 2023 was $1,266,832.
Who are the executives of Prairie Tower Apartments and what are their salaries?
Here are 11 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Prairie Tower Apartments?
Prairie Tower Apartments's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Prairie Tower Apartments
Prairie Tower Apartments, as a nonprofit organization, is dedicated to providing low-income housing for the elderly and disabled. This mission is a crucial service, ensuring that vulnerable individuals have a safe and affordable place to reside. By offering housing, Prairie Tower Apartments contributes to the well-being and independence of its residents, enabling them to maintain their dignity and live with dignity. The organization's mission is a testament to its commitment to supporting those in need, providing a crucial safety net for elderly and disabled individuals who may face challenges in securing adequate housing. By offering low-income housing, Prairie Tower Apartments plays a vital role in promoting the health and well-being of its residents, helping them to live with dignity and independence.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Prairie Tower Apartments provides crucial low-income housing to elderly and disabled individuals in Billings, MT. By offering affordable housing options, this organization plays a significant role in supporting vulnerable populations to secure safe and stable living environments. Through its mission to provide housing to those in need, Prairie Tower Apartments contributes to enhancing the quality of life for seniors and individuals with disabilities in the local community.
This information is meant to be a general summary of Prairie Tower Apartments. 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: -$61,213
- Program Service Revenue: $568,653
- Gross Receipts: $1,328,061
Assets and Liabilities:
- Total Assets: $3,036,919
- Total Liabilities: $78,726
- Net Assets: $2,958,193
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONGREGATE MEALS
Revenue
$92,795
LAUNDRY & VENDING
Revenue
$5,263
MISCELLANEOUS REFUNDS
Revenue
$192
RENT REVENUES
Revenue
$467,809
TENANT CHARGES
Revenue
$2,594
Organization Details
Founding Year
1978
Phone
(406) 248-3377Main Address
725 NORTH 25TH STREET, BILLINGS, MT, 59101
NTEE Category
Code: L21Z - Housing
If you are a representative of Prairie Tower Apartments and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.