Prairie West Apartments Inc

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

EIN: 873163621 ✦ Lemmon, SD ✦ Designated as a 501(c)(3)

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Overview

What is Prairie West Apartments Inc?

Prairie West Apartments Inc is a nonprofit organization located in Lemmon, South Dakota, at 206 6th St E. Their primary mission is to provide affordable housing for low-income individuals and families. They operate a project called Prairie West Apartments, though it's important to note that the revenue generated does not cover the initial investment in the land and building. The organization's activities are focused on this housing provision, aiming to contribute positively to the local community by offering suitable living spaces to those in need.

Is Prairie West Apartments Inc legitimate?

Prairie West Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie West 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: $0

For more financial information, click here

What is the mission statement of Prairie West Apartments Inc?

Prairie West Apartments Inc is committed to providing housing for individuals and families who fall under the low-income bracket. Their mission, as outlined, is centered around operating a low-income housing project. While the revenue generated does not cover the initial investment in the land and building, their primary focus remains on providing affordable housing solutions.

Who is the CEO of Prairie West Apartments Inc?

Cathy Evans is the Executive Director of Prairie West Apartments Inc.

What is the revenue of Prairie West Apartments Inc?

Prairie West Apartments Inc's revenue in 2022 was $618,912.

Who are the executives of Prairie West Apartments Inc and what are their salaries?

There 5 volunteers at Prairie West Apartments Inc.


Here are 6 key members and their salaries:


Cathy Evans (Executive Director)
  • Compensation: $0
  • Related: $50,575
  • Other: $0
Tim Kvale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ericsson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deloris Wells (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Van Beek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Haase (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Prairie West Apartments Inc?

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

Mission Statement of Prairie West Apartments Inc

Prairie West Apartments Inc, as a nonprofit organization, is committed to providing housing opportunities for low-income individuals and families. This mission is evident in their operation of the Prairie West Apartments project, which is specifically designed to cater to this demographic. It should be noted that while the organization generates revenue from this project, it does not represent the initial investment in the land and building. By offering affordable housing, Prairie West Apartments Inc contributes significantly to the well-being of its community, enabling individuals and families to maintain stable living conditions despite financial constraints.

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Impact




July, 2024

Prairie West Apartments Inc impacts the community by providing affordable housing for low-income individuals and families in Lemmon, SD. By offering the Prairie West Apartments project, the organization plays a vital role in addressing the housing needs of those who might not otherwise have access to safe and stable housing options. Through their mission, Prairie West Apartments Inc contributes to enhancing the quality of life for individuals and families facing financial constraints by ensuring they have a place to call home.




This information is meant to be a general summary of Prairie West 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
$618,912 (2022)
Expenses
$73,990 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $119,371
  • Gross Receipts: $618,912

Assets and Liabilities:

  • Total Assets: $548,545
  • Total Liabilities: $3,523
  • Net Assets: $545,022

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Programs

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

Dwelling Rent

Revenue

$118,229

Other Charges

Revenue

$1,142

Organization Details

Founding Year

2022

Principal Officer

Cathy Evans

Main Address

206 6th St E, Lemmon, SD, 57638

NTEE Category

Code: L20 - Housing

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