Overview
What is Summit Apartments Inc?
Summit Apartments Inc is a nonprofit organization situated in Bozeman, Montana, dedicated to meeting the housing needs of individuals with limited financial resources. They accomplish this mission by operating Summit Place Apartments, an initiative that resulted from obtaining property assets from the Department of Housing and Urban Development. This nonprofit exemplifies the integration of social responsibility and quality real estate, as it offers affordable housing options to the community.
Is Summit Apartments Inc legitimate?
Summit Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Apartments Inc submitted a form 990EZ, 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.
What is the mission statement of Summit Apartments Inc?
Summit Apartments Inc is committed to addressing the need for affordable housing. They accomplish this mission by operating Summit Place Apartments, a project born from acquiring resources from the Department of Housing and Urban Development. The organization's primary goal is to provide affordable accommodation, demonstrating how quality real estate can contribute positively to social needs.
Who is the CEO of Summit Apartments Inc?
Heather Grenier is the President of Summit Apartments Inc.
What is the revenue of Summit Apartments Inc?
Summit Apartments Inc's revenue in 2022 was $61,111.
Who are the executives of Summit Apartments Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Summit Apartments Inc?
Summit Apartments Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Summit Apartments Inc
Summit Apartments Inc, a nonprofit organization, is dedicated to addressing the need for affordable housing. They accomplish this mission by operating Summit Place Apartments, which was established through the acquisition of physical assets from the Department of Housing and Urban Development. This initiative serves as a prime example of how quality real estate can be utilized to cater to the social needs of low-income individuals. In essence, Summit Apartments Inc is committed to making affordable accommodation a reality, enhancing the living standards for those who may otherwise struggle with housing costs.
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Impact
August, 2024
Summit Apartments Inc's impact is significant in providing affordable accommodation for low-income individuals. Through Summit Place Apartments in Bozeman, MT, Summit Apartments fulfills a critical social need by offering quality housing options to those who may otherwise struggle to find affordable housing. By acquiring physical assets from the Department of Housing and Urban Development, Summit Apartments plays a vital role in addressing the housing challenges faced by low-income individuals in the region. Their commitment to offering affordable accommodation showcases their dedication to enhancing the quality of life for those in need in the community.
This information is meant to be a general summary of Summit 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: $20
- Program Service Revenue: $60,341
- Gross Receipts: $61,111
Assets and Liabilities:
- Total Assets: $376,641
- Total Liabilities: $445,793
- Net Assets: -$69,152
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Organization Details
Phone
(406) 587-4486Principal Officer
Heather Grenier
Main Address
32 S TRACEY AVE, BOZEMAN, MT, 59715
NTEE Category
Code: L21 - Housing
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