Community Apartments Inc
- Assets
- $155.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 12/1971
- Data as of
- 12/2023
- EIN
- 23-7147816
Organization Overview
Community Apartments Inc is located in Algona, IA. The organization was established in 1971. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Apartments Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Community Apartments Inc generated $46.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE AFFORDABLE HOUSING FOR ELDERLY, DISABLED AND LOW-INCOME FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Struecker President | 0 | $0 | |
Ethel Klepper Vice President | 0 | $0 | |
Judy Gralapp Secretary/treasurer | 0 | $0 | |
Don Banwart Director | 0 | $0 | |
Gary Schneider Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,106 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,106 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,436 |
| Occupancy, rent, utilities, and maintenance | $26,433 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,266 |
| Total expenses | $52,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,175 |
| Other assets | $0 |
| Total assets | $155,703 |
| Total liabilities | $6,073 |
| Net assets or fund balances | $149,630 |