Overview
What is George Gervin Retirement Apartments?
George Gervin Retirement Apartments is a nonprofit organization established in 2011, situated in San Antonio, Texas. The primary purpose of this organization is to acquire and manage an apartment complex, comprising 42 units, under the National Affordable Housing Act, specifically Section 202. This project is regulated by HUD with regards to rental charges and operational methods. The organization officially began its operations in August 2015, providing affordable housing solutions to its residents.
Is George Gervin Retirement Apartments legitimate?
George Gervin Retirement Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Gervin Retirement Apartments 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: $83,802
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What is the mission statement of George Gervin Retirement Apartments?
The George Gervin Retirement Apartments were established as a non-profit corporation on January 11, 2011, with the intention to acquire interest in a property in Texas and construct a 42-unit apartment complex. This project falls under Section 202 of the National Affordable Housing Act, which is regulated by HUD in terms of rent charges and operation methods. The organization began operating effectively from August 2015.
In essence, the mission of George Gervin Retirement Apartments is to provide affordable housing for its residents, adhering to the regulations set by the HUD. The organization's primary goal is to construct and operate the apartment complex, ensuring that rent charges and operating methods are in compliance with the National Affordable Housing Act. The apartment complex serves as an affordable housing solution, contributing to the housing needs of its community.
Who is the CEO of George Gervin Retirement Apartments?
Nathan Hawkins is the Vice Preside of George Gervin Retirement Apartments.
What is the revenue of George Gervin Retirement Apartments?
George Gervin Retirement Apartments's revenue in 2022 was $317,325.
Who are the executives of George Gervin Retirement Apartments and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for George Gervin Retirement Apartments?
George Gervin Retirement Apartments's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of George Gervin Retirement Apartments
George Gervin Retirement Apartments was established as a non-profit corporation on January 11, 2011, with a mission to acquire an interest in real property in San Antonio, Texas, and construct an apartment complex of 42 units. This project falls under Section 202 of the National Affordable Housing Act, which requires regulation by HUD in terms of rent charges and operational methods. The organization began its operations effectively in August 2015.
In simpler terms, George Gervin Retirement Apartments was founded with the purpose of providing affordable housing for its residents. It achieved this by acquiring property and constructing an apartment complex, which is subject to monitoring and regulation by the U.S. Department of Housing and Urban Development (HUD). The organization became operational in August 2015, offering rent-controlled and regulated living spaces to its residents.
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Impact
October, 2024
George Gervin Retirement Apartments plays a significant role in enhancing the quality of life for seniors in San Antonio, Texas. By providing affordable housing options specifically designed for elderly residents, it addresses a critical need in the community, particularly in a time when affordable senior housing is increasingly scarce.
The complex consists of 42 units that are operated under guidelines set by HUD, ensuring that rent charges remain within reasonable limits while maintaining a standard of living that meets the needs of its residents. By prioritizing affordability and accessibility, the apartments contribute to a stable living environment where seniors can thrive.
Additionally, the creation of this community not only helps to alleviate housing insecurity among the elderly but also fosters a sense of belonging and support among residents. With operations beginning in August 2015, the Apartments have likely become a cornerstone for social engagement among seniors, promoting interaction and community-building activities that combat loneliness and isolation.
Overall, George Gervin Retirement Apartments serves as a vital resource, significantly impacting the local community by ensuring that seniors have access to safe, affordable, and supportive housing options that allow them to maintain their independence while enjoying a fulfilling lifestyle.
This information is meant to be a general summary of George Gervin Retirement Apartments. 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: $904
- Program Service Revenue: $316,421
- Gross Receipts: $317,325
Assets and Liabilities:
- Total Assets: $4,288,422
- Total Liabilities: $44,343
- Net Assets: $4,244,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE
Revenue
$316,421
Organization Details
Founding Year
2011
Phone
(830) 372-2600Principal Officer
Nathan Hawkins
Main Address
6903 SUNBELT DR SOUTH, SAN ANTONIO, TX, 78218
NTEE Category
Code: L21 - Housing
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