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Academy Place Apartments Inc

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

EIN: 832581465 ✦ Knightstown, IN ✦ Designated as a 501(c)(3)

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Overview

What is Academy Place Apartments Inc?

Academy Place Apartments Inc is a nonprofit organization situated in Knightstown, Indiana, specifically at 340 N Adams St. Their primary mission is to create and maintain affordable housing opportunities for individuals residing in Knightstown and its surrounding community. By doing so, they contribute to enhancing the living conditions of the local population in a historic setting. The organization, with a modest staff of two individuals, is committed to providing affordable housing solutions, thereby promoting community development and social well-being.

Is Academy Place Apartments Inc legitimate?

Academy Place Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Place 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: $47,760

For more financial information, click here

What is the mission statement of Academy Place Apartments Inc?

Academy Place Apartments Inc is committed to providing affordable housing options for individuals within the Knightstown and surrounding community. This mission is carried out by creating and maintaining affordable housing and programs for its residents, all while preserving a historic setting. The organization's goal is to contribute to the well-being of its residents by providing them with a living environment that is both affordable and of high quality.

Who is the CEO of Academy Place Apartments Inc?

Tony Darling is the President of Academy Place Apartments Inc.

What is the revenue of Academy Place Apartments Inc?

Academy Place Apartments Inc's revenue in 2022 was $249,287.

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

The average compensation at Academy Place Apartments Inc during 2022 was $23,880. There are 2 employees and 25 volunteers at Academy Place Apartments Inc.


Here are 10 key members and their salaries:


Tony Darling (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Downey (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Carmichael (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Peacock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Gorman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Burkey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Peacock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Madison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ward (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Academy Place Apartments Inc?

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

Mission Statement of Academy Place Apartments Inc

Academy Place Apartments Inc, as a mission-driven organization, is committed to providing affordable housing for individuals residing in the Knightstown and surrounding community. Their primary goal is to create and maintain a suitable living environment that caters to the financial needs of its residents. This endeavor is carried out in a historic setting, adding a unique charm and character to the affordable housing options they offer.

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Impact




October, 2024

Academy Place Apartments Inc plays a vital role in the Knightstown community by providing affordable housing options for individuals and families. By focusing on creating and maintaining housing in a historic setting, it not only preserves the character of the area but also ensures that residents have access to comfortable living environments. The organization fosters a sense of community by offering programs that support the needs of its residents, contributing to their overall well-being and stability. This commitment to affordable housing helps alleviate the financial burden on individuals, enabling them to thrive and participate fully in the local economy and community life.




This information is meant to be a general summary of Academy Place 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
$249,287 (2022)
Expenses
$260,358 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $193,965
  • Gross Receipts: $249,287

Assets and Liabilities:

  • Total Assets: $659,051
  • Total Liabilities: $452,955
  • Net Assets: $206,096

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Programs

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

RENTALS

Revenue

$193,965

Organization Details

Founding Year

2018

Principal Officer

Tony Darling

Main Address

340 N ADAMS ST, KNIGHTSTOWN, IN, 46148

NTEE Category

Code: L20 - Housing

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