Graettinger Community Apartments Inc

Organization Overview

Graettinger Community Apartments Inc is located in Graettinger, IA. The organization was established in 1974. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Graettinger Community Apartments Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Graettinger 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, Graettinger Community Apartments Inc generated $213.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $186.6k during the year ending 12/2023. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE GRAETTINGER COM APTS IS TO MEET OUR COMMUNITIES HOUSING NEEDS BY PROVIDING DECENT, SAFE AND AFFORDABLE HOUSING. WE STRIVE TO ENSURE OUR RESIDENTS FEEL LIKE THEY HAVE FOUND THEIR "HOME". WE ARE COMMITTED TO SERVING THE GR COMMUNITY IN A MANNER THAT DEMONA PROFSIONALLISLM, CARE AND CONSIDERATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MISSION OF THE GRAETTINGER COM APTS IS TO MEET OUR COMMUNITIES HOUSING NEEDS BY PROVIDING DECENT, SAFE AND AFFORDABLE HOUSING. WE STRIVE TO ENSURE OUR RESIDENTS FEEL LIKE THEY HAVE FOUND THEIR "HOME". WE ARE COMMITTED TO SERVING THE GR COMMUNITY IN A MANNER THAT DEMONSTRATES PROFESSIONALISM, CARE AND CONSIDERATION.


THE MISSION OF THE GRAETTINGER COM APTS IS TO MEET OUR COMMUNITIES HOUSING NEEDS BY PROVIDING DECENT, SAFE AND AFFORDABLE HOUSING. WE STRIVE TO ENSURE OUR RESIDENTS FEEL LIKE THEY HAVE FOUND THEIR "HOME". WE ARE COMMITTED TO SERVING THE GR COMMUNITY IN A MANNER THAT DEMONSTRATES PROFESSIONALISM, CARE AND CONSIDERATION.


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Board, Officers & Key Employees

Name (title)Compensation
Josh Anderson
Board Member
$0
Scott Herke
Board Member
$0
John Petersen
Board Member
$0
Jason Peton
Board Member
$0
Kevin Petrich
Board Member
$0
Angie Sorbo
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,500
Total Program Service Revenue$194,201
Investment income $1,569
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $213,948

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