Otsego Senior Apartments Inc

Baraga Manor Apartments

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

EIN: 382530577 ✦ Otsego, MI ✦ Designated as a 501(c)(3)

Overview

What is Otsego Senior Apartments Inc?

Otsego Senior Apartments Inc is a nonprofit organization situated in Otsego, Michigan, specifically at 301 Washington Street. Their primary mission is to offer safe and affordable housing for senior citizens and mobility-impaired adults. The apartment building they manage houses 48 units, with residents paying a fixed percentage of their income as rent. Amenities within the complex include laundry facilities on each floor and a community center. The organization's goal is to provide a secure living space for individuals who may face mobility challenges, contributing positively to their overall well-being.


Official website here: www.ccdok.org/baraga-manor

Is Otsego Senior Apartments Inc legitimate?

Otsego Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otsego Senior 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: $153,500

For more financial information, click here


Official website here: www.ccdok.org/baraga-manor

What is the mission statement of Otsego Senior Apartments Inc?

Otsego Senior Apartments Inc's mission is centered around providing safe and affordable housing for senior citizens and mobility-impaired adults. The organization operates a 48-unit apartment building, ensuring that its residents pay only 30% of their income as rent. Amenities within the building include laundry facilities on each floor and a community center, enhancing the living experience for its inhabitants. In essence, Otsego Senior Apartments Inc is dedicated to offering a secure and budget-friendly living environment for its elderly and mobility-challenged residents.


Official website here: www.ccdok.org/baraga-manor

Who is the CEO of Otsego Senior Apartments Inc?

Toni Newell is the Executive Di of Otsego Senior Apartments Inc.


Official website here: www.ccdok.org/baraga-manor

What is the revenue of Otsego Senior Apartments Inc?

Otsego Senior Apartments Inc's revenue in 2022 was $528,989.


Official website here: www.ccdok.org/baraga-manor

Who are the executives of Otsego Senior Apartments Inc and what are their salaries?

Here are 5 key members and their salaries:

    Toni Newell (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Wilson (Board Presid) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Holton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel T Field (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Salisbury (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ccdok.org/baraga-manor

    Where can I find the form 990 for Otsego Senior Apartments Inc?

    The Otsego Senior Apartments Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ccdok.org/baraga-manor

    Learn more at the official website: www.ccdok.org/baraga-manor

    Mission Statement of Otsego Senior Apartments Inc

    Otsego Senior Apartments Inc is dedicated to providing a secure and budget-friendly living environment for senior citizens and mobility-impaired adults. Their primary mission is to ensure the availability of safe and affordable housing options for this demographic. By operating a 48-unit apartment building, Otsego Senior Apartments Inc offers a home where residents can pay a rent that equates to 30% of their income. The amenities within the building cater to the needs of its residents, featuring laundry facilities on each floor and a community center. This housing complex serves as a sanctuary that fosters a sense of community and security for its senior and mobility-impaired residents.

    Impact

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




    Wednesday, July 24, 2024

    Otsego Senior Apartments Inc provides a vital service by offering safe and affordable housing for senior citizens and mobility-impaired adults in Otsego, MI. With its operation of a 48-unit apartment building, this organization ensures that residents have a comfortable living environment while paying rent based on their income, making housing accessible to those who may face financial challenges. The amenities provided, such as laundry facilities on each floor and a community center, contribute to creating a supportive and inclusive community for its residents. By fulfilling its mission to provide housing for these specific demographic groups, Otsego Senior Apartments Inc plays a significant role in addressing the housing needs of seniors and mobility-impaired individuals in the area.





    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: $1,045
  • Program Service Revenue: $180,415
  • Gross Receipts: $528,989

    • Assets and Liabilities:
  • Total Assets: $1,397,632
  • Total Liabilities: $367,147
  • Net Assets: $1,030,485
  • Programs

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

    APARTMENT RENTS

    Revenue

    $196,791

    LAUNDRY AND VENDING

    Revenue

    $1,942

    TENANT CHARGES

    Revenue

    $1,188

    VACANCIES

    Revenue

    $-19,506

    Organization Details

    Founding Year

    1984

    Principal Officer

    Toni Newell

    Main Address

    301 WASHINGTON STREET, OTSEGO, MI, 49078

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Otsego Senior 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.