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Willow Tree Apartments Inc

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

EIN: 833487947 ✦ Clay city, IN ✦ Designated as a 501(c)(3)

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Overview

What is Willow Tree Apartments Inc?

Willow Tree Apartments Inc, situated in Clay City, Indiana, is a compassionate nonprofit organization that specializes in providing affordable housing for the elderly and disabled. With a dedicated workforce of four individuals, the organization has consistently maintained occupancy rates above 95%. Their primary mission is to offer suitable living accommodations for this specific demographic, ensuring they can reside in comfort and dignity. The project's success is reflected in its consistent high occupancy rate, demonstrating the organization's commitment to its cause.

Is Willow Tree Apartments Inc legitimate?

Willow Tree Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willow Tree 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: $85,097

For more financial information, click here

What is the mission statement of Willow Tree Apartments Inc?

Willow Tree Apartments Inc is committed to providing affordable housing for elderly and disabled residents. Their mission is centered around ensuring that these vulnerable individuals have access to suitable living accommodations. The organization's activities primarily focus on maintaining high occupancy rates, exceeding 95% throughout the year, in their affordable housing units. Their dedication to this cause is evident in their successful provision of affordable housing.

Who is the CEO of Willow Tree Apartments Inc?

Alicia Jacobs is the Trustee/Dire of Willow Tree Apartments Inc.

What is the revenue of Willow Tree Apartments Inc?

Willow Tree Apartments Inc's revenue in 2022 was $229,745.

Who are the executives of Willow Tree Apartments Inc and what are their salaries?

The average compensation at Willow Tree Apartments Inc during 2022 was $21,274. There are 4 employees at Willow Tree Apartments Inc.


Here are 3 key members and their salaries:


Michael Jacobs (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Tiefel (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Jacobs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Willow Tree Apartments Inc?

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

Mission Statement of Willow Tree Apartments Inc

Willow Tree Apartments Inc, as a nonprofit organization, is dedicated to providing affordable housing for elderly and disabled residents. Its mission is to ensure that these vulnerable individuals have access to comfortable living spaces that cater to their unique needs. Throughout the year, the project maintained occupancy rates exceeding 95%, demonstrating its success in fulfilling this mission. By offering affordable housing, Willow Tree Apartments Inc contributes to enhancing the quality of life for its residents, providing them with a secure and supportive environment where they can thrive.

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Impact




October, 2024

Willow Tree Apartments Inc significantly enhances the quality of life for elderly and disabled residents by providing affordable housing tailored to their needs. Located in Clay City, Indiana, the organization maintains occupancy rates over 95%, demonstrating the high demand and importance of its services within the community. By focusing on accessible housing solutions, Willow Tree Apartments Inc not only offers a safe and stable living environment but also fosters a sense of community among its residents, promoting social interaction and support. The commitment to affordable housing directly addresses the challenges faced by vulnerable populations, ensuring that they have a place to call home where they can thrive.




This information is meant to be a general summary of Willow Tree 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
$229,745 (2022)
Expenses
$256,736 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,910
  • Program Service Revenue: $227,835
  • Gross Receipts: $229,745

Assets and Liabilities:

  • Total Assets: $343,024
  • Total Liabilities: $332,364
  • Net Assets: $10,660

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Programs

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

RENT INCOME

Revenue

$168,947

VOUCHER REVENUE

Revenue

$52,757

300 LANKFORD

Revenue

$2,561

SECURITY DEPOSIT

Revenue

$2,390

PET DEPOSIT INCOME

Revenue

$600

Organization Details

Principal Officer

Alicia Jacobs

Main Address

110 WEST 5TH STREET, CLAY CITY, IN, 47841

NTEE Category

Code: L80 - Housing

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