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Osborne Apartments Inc

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

EIN: 411374298 ✦ Spring lake park, MN ✦ Designated as a 501(c)(3)

Overview

What is Osborne Apartments Inc?

Osborne Apartments Inc is a nonprofit organization situated in Spring Lake Park, Minnesota, with a specific focus on providing quality housing for low-income senior citizens. The organization manages 60 rental units, catering to this demographic in need. Its core mission is to ensure the senior citizens residing there have access to comfortable and suitable living spaces, thereby enhancing their overall quality of life. The organization is dedicated to this cause and strives to make a positive impact in the community.


Is Osborne Apartments Inc legitimate?

Osborne Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osborne 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: $107,647

For more financial information, click here


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

Mission Statement of Osborne Apartments Inc

Osborne Apartments Inc, a nonprofit organization, is committed to providing quality housing for low-income senior citizens. Their mission is centered around creating a comfortable living environment for this specific demographic. The organization operates a senior citizen housing project, which encompasses 60 rental units. This project serves as a home for 60 elderly individuals who are financially disadvantaged, ensuring they have access to decent living conditions.

Impact

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




Wednesday, July 24, 2024

Osborne Apartments Inc's impact can be seen in the provision of quality housing to low-income senior citizens in Spring Lake Park, MN. Through their senior citizen housing project with 60 rental units, this organization directly contributes to improving the living conditions and overall well-being of 60 seniors in need. By focusing on the critical need for affordable and safe housing for seniors, Osborne Apartments Inc fulfills its mission of providing essential support to a vulnerable population.





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: $318
  • Program Service Revenue: $685,564
  • Gross Receipts: $685,882

    • Assets and Liabilities:
  • Total Assets: $3,209,456
  • Total Liabilities: $4,693,453
  • Net Assets: -$1,483,997
  • Programs

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

    PROGRAM SERV REV-RELAT

    Revenue

    $685,564

    Organization Details

    Founding Year

    1980

    Principal Officer

    James Hoeft

    Main Address

    659 OSBORNE ROAD NE, SPRING LAKE PARK, MN, 55432

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Osborne 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.