Council Apartments Ii Inc
- Assets
- $6.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 05/1996
- Data as of
- 12/2021
- 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 12/2021, Council Apartments Ii Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 3.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Altman President | OfficerTrustee | 0.33 | $0 |
Mark Rubin Vice President | OfficerTrustee | 0.33 | $0 |
Keith Cohen Immediate Past 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 |
|---|---|---|
Rickey Smith Tuckpointing | 12/30/17 | $122,375 |
C&r Mechanical Heating & A/c | 12/30/17 | $143,312 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $55,481 |
| Government grants | $890,256 |
| 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 | $945,737 |
| Total Program Service Revenue | $358,135 |
| Investment income | $6,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,294,030 |
| 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 | $427,740 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,221 |
| Payroll taxes | $27,099 |
| Fees for services: Management | $87,387 |
| Fees for services: Legal | $10,246 |
| Fees for services: Accounting | $56,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $909 |
| Fees for services: Other | $0 |
| Advertising and promotion | $407 |
| Office expenses | $65,876 |
| 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 | $3,245 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $304,392 |
| Insurance | $75,324 |
| All other expenses | $1,641 |
| Total functional expenses | $1,532,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,897 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $159,289 |
| 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 | $29,763 |
| Net Land, buildings, and equipment | $5,469,558 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $854,078 |
| Total assets | $6,685,585 |
| Accounts payable and accrued expenses | $366,261 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $28,752 |
| 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 | $395,013 |
| Net assets without donor restrictions | $6,233,392 |
| Net assets with donor restrictions | $57,180 |
| 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 | $6,685,585 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Council Apartments Ii Inc has recieved totaling $55,481.
| Awarding Organization | Amount |
|---|---|
Council Apartments Inc St Louis, MO PURPOSE: PPP LOAN ALLOCATION AMOUNT FOR RELATED ORGANIZATION | $55,481 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity International Inc Omaha, NE | $36,900,454 | $19,457,975 |
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Habitat For Humanity International Inc Des Moines, IA | $24,118,438 | $12,529,342 |
Habitat For Humanity International Inc Tulsa, OK | $20,375,468 | $13,816,169 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |