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La Colonia Apartments Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208725313 ✦ Topeka, KS ✦ Designated as a 501(c)(3)

Overview

What is La Colonia Apartments Inc?

La Colonia Apartments Inc is a nonprofit organization dedicated to providing affordable housing options for the elderly. Situated within their facilities, they offer fifty-five family units specifically designed for this demographic. Their mission encompasses extending a hand to individuals with limited income, making it easier for the elderly to secure a suitable living space.


Is La Colonia Apartments Inc legitimate?

La Colonia Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Colonia Apartments Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,667

For more financial information, click here


What is the mission statement of La Colonia Apartments Inc?
Who is the CEO of La Colonia Apartments Inc?
What is the revenue of La Colonia Apartments Inc?
Who are the executives of La Colonia Apartments Inc and what are their salaries?
Where can I find the form 990 for La Colonia Apartments Inc?

Mission Statement of La Colonia Apartments Inc

La Colonia Apartments Inc, a nonprofit organization, is dedicated to providing low-income housing opportunities for the elderly. Specifically, they offer fifty-five family units that cater to this demographic, ensuring affordable housing options for this vulnerable group. By offering such accommodations, La Colonia Apartments Inc contributes to the well-being of elderly individuals, providing them with a secure and affordable living environment.

Impact

This information is meant to be a general summary of La Colonia Apartments Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

La Colonia Apartments Inc's impact lies in providing low-income housing for the elderly in Topeka, Kansas. By offering fifty-five family units with affordable housing options, this organization plays a crucial role in addressing the housing needs of this demographic. Their focus on providing low-income rental housing demonstrates a commitment to ensuring that elderly individuals have access to a safe and affordable place to live. This impact directly contributes to improving the quality of life and housing stability for elderly residents in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $57
  • Program Service Revenue: $181,880
  • Gross Receipts: $566,167

    • Assets and Liabilities:
  • Total Assets: $615,833
  • Total Liabilities: $1,445,065
  • Net Assets: -$829,232
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOW INCOME & ELDERLY HOUSING

    Revenue

    $195,610

    SPECIAL CLAIMS REVENUE

    Revenue

    $1,931

    VACANCY LOSS

    Revenue

    $-15,661

    Organization Details

    Founding Year

    2007

    Principal Officer

    Arthur Balandran

    Main Address

    331 NE GOLDEN, TOPEKA, KS, 666161379

    NTEE Category

    Code: L22 - Housing

    If you are a representative of La Colonia Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.