Overview
What is Advanced Properties?
Advanced Properties is a charitable organization, established and headquartered in Gunnison, Utah. Their primary mission is to provide affordable housing opportunities for low to middle-income residents in rural areas. In 2022, they began construction on such units, furthering their goal of making homeownership more accessible to those in need. The organization operates with the aim of contributing positively to the local community and addressing housing affordability concerns in rural Utah.
Is Advanced Properties legitimate?
Advanced Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Properties 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:
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What is the mission statement of Advanced Properties?
Advanced Properties operates as a charitable organization, committed to providing affordable home ownership opportunities for individuals with moderate to low income residing in rural areas. The organization's primary objective is to construct and make available affordable housing units. As of 2022, the organization has initiated the construction process, fulfilling its mission to contribute to housing accessibility within this income bracket.
Who is the CEO of Advanced Properties?
Kimberly Beck is the Trustee of Advanced Properties.
What is the revenue of Advanced Properties?
Advanced Properties's revenue in 2022 was $3,088.
Who are the executives of Advanced Properties and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Advanced Properties?
Advanced Properties's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Advanced Properties
Advanced Properties, a charitable organization, is dedicated to providing affordable home ownership opportunities for low to middle-income individuals residing in rural areas. The organization's primary mission is to operate and act as a resource for these individuals, ensuring they can secure a place to call their own. In pursuit of this mission, Advanced Properties initiated the construction of affordable housing units in 2022, marking a significant step towards fulfilling its purpose. The organization's efforts aim to make the dream of home ownership more accessible, thereby enhancing the living standards of its target demographic.
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Impact
August, 2024
Advanced Properties is making a significant impact by providing affordable homeownership opportunities for low to middle-income rural Utahns in Gunnison, Utah. Through their construction of affordable housing units, they are addressing the critical need for accessible housing options in the community. This initiative not only helps individuals and families achieve the dream of homeownership but also contributes to the overall stability and well-being of the local population. Advanced Properties is playing a crucial role in improving the quality of life for residents in rural Utah by ensuring that they have a safe and affordable place to call home.
This information is meant to be a general summary of Advanced Properties. 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: $3,088
- Gross Receipts: $3,088
Assets and Liabilities:
- Total Assets: $1,438,217
- Total Liabilities: $1,079,269
- Net Assets: $358,948
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Organization Details
Founding Year
2020
Phone
(435) 851-2928Principal Officer
Kimberly Beck
Main Address
PO BOX 640, GUNNISON, UT, 84634
NTEE Category
Code: L25 - Housing
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