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Cheyenne Trails Corporation

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

EIN: 850438515 ✦ Farmington, NM ✦ Designated as a 501(c)(3)

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Overview

What is Cheyenne Trails Corporation?

Cheyenne Trails Corporation is a nonprofit organization situated in Farmington, New Mexico. Their primary focus is on providing affordable housing for elderly individuals, specifically designed to cater to their unique needs. This housing complex, consisting of 46 units, is dedicated to supporting the independent living of senior citizens. The corporation's mission aligns with this purpose, aiming to offer a comfortable and suitable living environment for the elderly population.

Is Cheyenne Trails Corporation legitimate?

Cheyenne Trails Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheyenne Trails Corporation 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: $33,994

For more financial information, click here

What is the mission statement of Cheyenne Trails Corporation?

Cheyenne Trails Corporation is dedicated to providing affordable housing solutions, specifically tailored for the independent living needs of the elderly. This commitment is exemplified through their establishment of a 46-unit apartment complex, designed to cater to the unique requirements of low-income elderly individuals. The corporation's mission is centered around ensuring that the elderly have access to suitable living arrangements, thereby enhancing their quality of life.

Who is the CEO of Cheyenne Trails Corporation?

Sandy Chancey is the President of Cheyenne Trails Corporation.

What is the revenue of Cheyenne Trails Corporation?

Cheyenne Trails Corporation's revenue in 2022 was $291,070.

Who are the executives of Cheyenne Trails Corporation and what are their salaries?


Here are 3 key members and their salaries:


Sandy Chancey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Fishburn (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Watkins (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cheyenne Trails Corporation?

Cheyenne Trails Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cheyenne Trails Corporation

Cheyenne Trails Corporation is a nonprofit organization dedicated to providing affordable housing for elderly individuals living independently. Their mission is centered around creating a specialized living environment that caters to the unique needs of this demographic. They have accomplished this by establishing a 46-unit apartment complex, specifically designed for low-income elderly persons. This complex serves as a sanctuary where these individuals can maintain their independence while enjoying a supportive and accommodating living arrangement. The focus of Cheyenne Trails Corporation is on ensuring the well-being and comfort of the elderly, providing them with a secure and affordable housing solution.

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Impact




October, 2024

Cheyenne Trails Corporation significantly impacts the community by providing affordable housing for elderly individuals seeking independent living. The organization has developed a 46-unit apartment complex in Farmington, NM, specifically designed to cater to the needs of low-income elderly residents. This initiative addresses the critical demand for accessible housing options, ensuring that seniors can live independently in a supportive environment. With its focus on affordable and relevant living arrangements, Cheyenne Trails Corporation enhances the quality of life for elderly individuals while fostering a sense of community among residents.




This information is meant to be a general summary of Cheyenne Trails Corporation. 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
$291,070 (2022)
Expenses
$368,169 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Program Service Revenue: $152,255
  • Gross Receipts: $291,070

Assets and Liabilities:

  • Total Assets: $1,092,679
  • Total Liabilities: $2,420,842
  • Net Assets: -$1,328,163

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Programs

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

RESIDENTIAL APARTMENTS

Revenue

$152,255

Organization Details

Founding Year

1996

Principal Officer

Sandy Chancey

Main Address

1816 EAST MOJAVE STREET, FARMINGTON, NM, 87401

NTEE Category

Code: L22 - Housing

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