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Aspen Park Inc

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

EIN: 820481308 ✦ Idaho falls, ID ✦ Designated as a 501(c)(3)

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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 CEO of Aspen Park Inc The CEO's salary of Aspen Park Inc is $0 and their total compensation is $0.


Official website here: www.eicap.org

What is the revenue of Aspen Park Inc?

Aspen Park Inc's revenue in 2023 was $684,551.


Official website here: www.eicap.org

Who are the executives of Aspen Park Inc and what are their salaries?

There 11 volunteers at Aspen Park Inc.

Here are 17 key members and their salaries (Aspen Park Inc's CEO's salary is $0 and their total compensation is $0):


Devon Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Bruington (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi Taylor (Secretary (Thru 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ryner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Workman (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wil Empey (Director (Thru 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariel Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Merrill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Smith (Director (Thru 12/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Salcido (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Whitfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Doman (Chief Exec Officer (Thru 11/2022))
  • Compensation: $0
  • Related: $133,741
  • Other: $34,873
John Radford (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Espinoza (Chief Financial Officer)
  • Compensation: $0
  • Related: $99,755
  • Other: $36,583


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 2023 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.

Revenue
$684,551 (2023)
Expenses
$519,506 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $226
  • Program Service Revenue: $681,825
  • Gross Receipts: $684,551

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

$681,825

Organization Details

Founding Year

1994

Principal Officer

John Radford

NTEE Category

Code: L21 - Housing

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