Colonial Place Apartments Inc
- Assets
- $377.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hialeah, FL
- Founding
- 07/1987
- Data as of
- 09/2023
- EIN
- 59-2775363
Organization Overview
Colonial Place Apartments Inc is located in Hialeah, FL. The organization was established in 1987. 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. Colonial Place 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 09/2023, Colonial Place Apartments Inc generated $145.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $192.5k during the year ending 09/2023. While expenses have increased by 4.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING AND RELATED SERVICES TO 9 DEVELOPMENTALLY DISABLED AND HANDICAPPED ADULTS WHO ARE LOW INCOME TENANTS APPROVED AND SUBSIDIZED BY US DEPT OF HOUSING AND URBAN DEVELOPMENT PROVIDES 3,285 DAYS OF HOUSING AT 100% OCCUPANCY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Siegel Member | 0.5 | $0 | |
Peter D Slavis Member | 0.5 | $0 | |
Anne Steinhart Member | 0.5 | $0 | |
Karen M Gottlieb Member | 0.5 | $0 | |
Molly A Hime Member | 0.5 | $0 | |
P Shields Ferber Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $144,995 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $144,998 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,588 |
| Professional fees and other payments to independent contractors | $5,376 |
| Occupancy, rent, utilities, and maintenance | $90,209 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,292 |
| Total expenses | $192,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,694 |
| Other assets | $0 |
| Total assets | $377,807 |
| Total liabilities | $648,581 |
| Net assets or fund balances | -$270,774 |