Council Apartments Inc

Organization Overview

Council Apartments Inc is located in St Louis, MO. The organization was established in 1965. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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 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 Inc generated $942.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 2.9% 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.

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 ORIGINALLY ESTABLISHED 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)Compensation
Sally Altman
President
$0
Keith Cohen
Immediate Past President
$0
Mark Rubin
Vice President
$0
Todd Goldenhersh
Treasurer
$0
Darryl Sagel
Assistant Treasurer
$0
Cindy Lander Wallach
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $166,800
All other contributions, gifts, grants, and similar amounts not included above$531,406
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$698,206
Total Program Service Revenue$243,058
Investment income $1,280
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 $942,544

Grants Awarded

Over the last fiscal year, Council Apartments Inc has awarded $174,589 in support to 2 organizations.

Grant RecipientAmount

COUNCIL APARTMENTS II INC

PURPOSE: PPP LOAN ALLOCATION AMOUNT FOR RELATED ORGANIZATION

$55,481

THE CROWN CENTER INC

PURPOSE: PPP LOAN ALLOCATION AMOUNT FOR RELATED ORGANIZATION

$119,108
View Grant Profile

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