Council Apartments Ii Inc
- Assets
- $6.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 43-1577970
Organization Overview
Council Apartments Ii Inc is located in St Louis, MO. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council Apartments Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Council Apartments Ii Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HIGH QUALITY LIVING AND SERVICES TO ENABLE LOWER INCOME OLDER ADULT RESIDENTS OF THE MANAGED APARTMENT BUILDINGS TO FLOURISH INDEPENDENTLY; AND CREATE INSPIRING PROGRAMMING TO ENABLE BOTH RESIDENTS AND COMMUNITY SENIORS TO MAINTAIN AN ACTIVE AND HEALTHY LIFESTYLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONTINUOUS MAINTENANCE AND OPERATION OF AN APARTMENT COMPLEX FOR ELDERLY INDIVIDUALS IN UNIVERSITY CITY, MISSOURI UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND SUBSIDIZED BY A CONTRACT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Altman President | OfficerTrustee | 0.33 | $0 |
Keith Cohen Immediate Past President | OfficerTrustee | 0.33 | $0 |
Mark Rubin Vice President | OfficerTrustee | 0.33 | $0 |
Todd Goldenhersh Treasurer | OfficerTrustee | 0.33 | $0 |
Darryl Sagel Assistant Treasurer | OfficerTrustee | 0.33 | $0 |
Cindy Lander Wallach Secretary | OfficerTrustee | 0.33 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
C&r Mechanical Heating & A/c | 12/30/17 | $143,312 |
Rickey Smith Tuckpointing | 12/30/17 | $122,375 |
C&r Mechanical Heating & A/c | 12/30/17 | $143,312 |
Rickey Smith Tuckpointing | 12/30/17 | $122,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $975,824 |
| 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 | $975,824 |
| Total Program Service Revenue | $384,802 |
| Investment income | $3,282 |
| 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 | $1,363,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $417,207 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,189 |
| Payroll taxes | $25,565 |
| Fees for services: Management | $90,497 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $46,368 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $583 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $73,884 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,054 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $315,652 |
| Insurance | $75,401 |
| All other expenses | $614 |
| Total functional expenses | $1,505,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,660 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,809 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $31,355 |
| Net Land, buildings, and equipment | $5,326,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $986,702 |
| Total assets | $6,499,761 |
| Accounts payable and accrued expenses | $331,311 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $30,947 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $362,258 |
| Net assets without donor restrictions | $6,137,503 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,499,761 |