Belmond Community Apartments Inc

Organization Overview

Belmond Community Apartments Inc is located in Belmond, IA. The organization was established in 1974. 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. As of 06/2024, Belmond Community Apartments Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmond 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 06/2024, Belmond Community Apartments Inc generated $675.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $707.8k during the year ending 06/2024. While expenses have increased by 2.7% per year over the past 9 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE APARTMENTS TO ELDERLY FAMILES IN BELMOND, IA

Describe the Organization's Program Activity:

Part 3 - Line 4a

APARTMENTS AVAILABLE TO THE COMMUNITY FOR RENT.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Griffioen
President
$0
Tom Statlander
Vice Preside
$0
Wanda Basener
Treasurer
$0
Julie Berneman
Secretary
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$672,788
Investment income $2,767
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 $675,555

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