Overview
What is Ponderosa Apartments Inc?
Ponderosa Apartments Inc is a nonprofit organization situated in Spearfish, South Dakota, specifically at 430 Oriole Drive. Their primary mission is to provide and manage six apartment complexes, housing a total of 420 units, specifically for eligible elderly occupants, as per Rural Development guidelines. These apartments come with subsidized meal services for the elderly residents. The organization's purpose is to offer housing and related facilities for elderly and disabled individuals in the area, providing rental assistance for low and very low-income persons for most of their buildings, thanks to Rural Development. This assistance ensures that affordable housing options are readily available for those in need.
Is Ponderosa Apartments Inc legitimate?
Ponderosa Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ponderosa 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: $0
For more financial information, click here
What is the mission statement of Ponderosa Apartments Inc?
Ponderosa Apartments Inc is committed to providing housing and related facilities for elderly and disabled individuals within their community. The organization bases its offerings on the income levels of the residents, offering rental assistance for low and very low income individuals for most of its buildings, as facilitated by Rural Development. Ponderosa Apartments Inc operates six apartment complexes, totaling 420 units, designed for eligible elderly occupants, as determined by Rural Development guidelines. Additionally, the organization provides subsidized meal service for the elderly residents. In essence, Ponderosa Apartments Inc aims to ensure affordable housing and essential services for the elderly and disabled population.
Who is the CEO of Ponderosa Apartments Inc?
Jeff Christenson is the President of Ponderosa Apartments Inc.
What is the revenue of Ponderosa Apartments Inc?
Ponderosa Apartments Inc's revenue in 2022 was $3,089,734.
Who are the executives of Ponderosa Apartments Inc and what are their salaries?
- Darrin Donat (President) [Trustee/Director]
- Bryan Walker (Vice President) [Trustee/Director]
- Chris Mitchel (Member) [Trustee/Director]
- Terry Caudill (Member) [Trustee/Director]
- Kay Schallenkamp (Member) [Trustee/Director]
Where can I find the form 990 for Ponderosa Apartments Inc?
The Ponderosa Apartments Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Ponderosa Apartments Inc
Ponderosa Apartments Inc, a nonprofit organization, is committed to providing housing and related facilities for the elderly and disabled individuals in the area. The organization's mission is rooted in its responsibility to cater to these populations based on their respective income levels. Rural Development, a supporting entity, extends rental assistance to the low and very low income individuals for most of the buildings operated by Ponderosa Apartments Inc.
In essence, Ponderosa Apartments Inc serves as a beacon of hope for the elderly and disabled, offering them a place to call home. The nonprofit manages six apartment complexes, housing a total of 420 units specifically designed for eligible elderly occupants, in line with Rural Development guidelines. Moreover, the organization provides subsidized meal services for the elderly, ensuring their nutritional needs are met. By offering affordable housing and essential amenities, Ponderosa Apartments Inc contributes significantly to enhancing the quality of life for the elderly and disabled in the community.
Impact
This information is meant to be a general summary of Ponderosa Apartments Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Ponderosa Apartments Inc's impact is significant in providing housing and related facilities for elderly and disabled individuals in the Spearfish, South Dakota area. With 6 apartment complexes totaling 420 units, they cater to eligible elderly occupants based on Rural Development guidelines. Additionally, they offer subsidized meal services for the elderly, making it easier for low and very low-income individuals to access affordable housing and essential amenities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$2,515,461
CABLE TV
Revenue
$77,625
LAUNDRY & VENDING
Revenue
$38,686
MEALS
Revenue
$3,088
AC RENT
Revenue
$2,160
Organization Details
Founding Year
1972
Phone
(605) 642-4744
Principal Officer
Jeff Christenson
Main Address
430 ORIOLE DRIVE, SPEARFISH, SD, 57783
NTEE Category
Code: L21 - Housing
If you are a representative of Ponderosa 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.