Community Apartments Corporation Of Metrolina 2 is located in Raleigh, NC. The organization was established in 1996. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Apartments Corporation Of Metrolina 2 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 09/2021, Community Apartments Corporation Of Metrolina 2 generated $68.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $85.6k during the year ending 09/2021. While expenses have increased by 2.5% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES HOUSING FOR PEOPLE SUFFERING FROM MENTAL ILLNESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Antkowiak Director | 0.1 | $0 | |
Carol Ann Conway Director | 0.1 | $0 | |
Robert Bradstock Director | 0.1 | $0 | |
Dawn Selby Director | 0.1 | $0 | |
Elisha Burns Director | 0.1 | $0 | |
Tim Kirk Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,362 |
Total Program Service Revenue | $25,938 |
Membership dues | $0 |
Investment income | $52 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,352 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $8,695 |
Occupancy, rent, utilities, and maintenance | $43,481 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,422 |
Total expenses | $85,598 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,922 |
Other assets | $0 |
Total assets | $396,019 |
Total liabilities | $697,932 |
Net assets or fund balances | -$301,913 |
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