Overview
What is Aspen Park Inc?
Aspen Park Inc, located in Idaho Falls, Idaho, is a nonprofit organization dedicated to addressing the need for affordable housing. The primary mission of Aspen Park Inc is to plan, construct, develop, and manage housing projects that cater to low-income families in the area. As of now, they operate a 72-unit apartment complex, providing a much-needed resource for this demographic. Their activities are centered around assisting individuals and families in Idaho Falls, Idaho, to secure suitable housing within their means.
Official website here: www.eicap.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating)
Aspen Park Inc demonstrates a strong commitment to accountability and finance, evidenced by its impressive 91% rating. This rating indicates a high level of transparency and responsible financial management, which is crucial for building trust with donors and stakeholders. The charity's governance structure is robust, featuring a fully independent board and comprehensive financial oversight, further enhancing its credibility.
Strengths of Aspen Park Inc include its 100% program expense ratio, indicating that all funds are dedicated to its programs rather than administrative costs. The organization also adheres to best practices in governance, maintaining clear policies related to conflicts of interest, whistleblower protections, and document retention. These factors highlight the nonprofit's focus on ethical operations and accountability.
Despite the strong performance in financial management and governance, the liabilities to assets ratio of 56.18% suggests a significant level of debt relative to its assets. While this is not uncommon in nonprofits, it may prompt potential donors to seek more information about the organization's financial stability and long-term sustainability. Overall, Aspen Park Inc is positioned well in terms of accountability and transparency, making it a reliable choice for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Aspen Park Inc legitimate?
Aspen Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Park 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
Official website here: www.eicap.org
What is the mission statement of Aspen Park Inc?
Aspen Park Inc's mission revolves around assisting individuals and families in need by facilitating the use of affordable housing. The organization's primary activity is planning, constructing, developing, and managing affordable housing projects. Although the specific information provided does not detail the geographical location, it is implied that Aspen Park Inc focuses on serving the community in Idaho Falls, Idaho. The company operates a 72-unit apartment project, providing multifamily housing for low-income families in the area. This project plays a crucial role in ensuring that these families have access to decent and affordable housing.
Official website here: www.eicap.org
Who is the CEO of Aspen Park Inc?
John Radford is the Past President of Aspen Park Inc. The CEO's salary of Aspen Park Inc is $0 and their total compensation is $160,460.
Official website here: www.eicap.org
What is the revenue of Aspen Park Inc?
Aspen Park Inc's revenue in 2022 was $651,898.
Official website here: www.eicap.org
Who are the executives of Aspen Park Inc and what are their salaries?
There 16 volunteers at Aspen Park Inc.
Here are 18 key members and their salaries (Aspen Park Inc's CEO's salary is $0 and their total compensation is $160,460):
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- Related: $123,955
- Other: $36,505
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- Related: $65,716
- Other: $38,213
Official website here: www.eicap.org
Where can I find the form 990 for Aspen Park Inc?
Aspen Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eicap.org
Learn more at the official website: www.eicap.org
Mission Statement of Aspen Park Inc
Aspen Park Inc, a nonprofit organization, is dedicated to planning, constructing, developing, and managing affordable housing for the public. Their mission is to assist individuals and families in the Idaho Falls, Idaho area to utilize low-income housing. To achieve this, Aspen Park Inc operates a 72-unit apartment project that provides multifamily housing for low-income families in Idaho Falls, Idaho. By offering affordable housing options, this organization plays a significant role in improving the living conditions of those in need and contributing to a more equitable community.
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Impact
July, 2024
Aspen Park Inc's impact is significant in the Idaho Falls community, where they operate a 72-unit apartment project providing multifamily housing for low-income families. Through their efforts to plan, construct, develop, and manage affordable housing, Aspen Park Inc plays a crucial role in assisting individuals and families in accessing much-needed affordable housing options. Their focus on addressing the housing needs of low-income residents enhances the overall community welfare and contributes to greater stability and well-being for those in need.
This information is meant to be a general summary of Aspen Park 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: $33
- Program Service Revenue: $650,855
- Gross Receipts: $651,898
Assets and Liabilities:
- Total Assets: $1,903,977
- Total Liabilities: $1,069,709
- Net Assets: $834,268
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING REVENUE
Revenue
$650,855
Organization Details
Founding Year
1994
Phone
(208) 522-5391Principal Officer
John Radford
Main Address
935 EAST LINCOLN ROAD, IDAHO FALLS, ID, 83401
Website
www.eicap.orgNTEE Category
Code: L21 - Housing
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