Nowata Gardens Apartments Of Chickasha Inc

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

EIN: 521220711 ✦ Grapevine, TX ✦ Designated as a 501(c)(3)

Overview

What is Nowata Gardens Apartments Of Chickasha Inc?

Nowata Gardens Apartments of Chickasha Inc is a nonprofit organization based in Grapevine, Texas. Their primary mission is to offer affordable housing opportunities to low-income families and individuals aged 62 or older. This initiative is in compliance with the guidelines set by the Department of Housing and Urban Development (HUD). The housing project falls under section 202 of HUD and is subject to continuous monitoring and regulation by this governmental body. The organization's goal is to provide suitable living spaces to individuals who fall below the area's median income threshold.


Is Nowata Gardens Apartments Of Chickasha Inc legitimate?

Nowata Gardens Apartments Of Chickasha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nowata Gardens Apartments Of Chickasha 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: $180,533

For more financial information, click here


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

Mission Statement of Nowata Gardens Apartments Of Chickasha Inc

Nowata Gardens Apartments of Chickasha Inc, as a nonprofit organization, is committed to providing affordable housing solutions for low-income families and individuals who are at least 62 years old. This mission is in line with the guidelines set by the Department of Housing and Urban Development (HUD). The project, which is monitored and regulated by HUD under section 202, aims to make housing accessible to individuals whose income falls below the area median income threshold established by HUD. By offering affordable housing options, Nowata Gardens Apartments of Chickasha Inc contributes to ensuring that elderly individuals in need have a decent place to live, promoting their overall well-being and independence. This mission aligns with the organization's goal of contributing positively to the community by providing essential services that cater to the needs of its most vulnerable members.

Impact

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




Saturday, July 20, 2024

Nowata Gardens Apartments of Chickasha Inc's impact is significant in providing affordable housing to low-income families and individuals aged at least 62 years old who earn less than the area median income as established by the Department of Housing and Urban Development (HUD). This project is crucial in addressing housing needs for vulnerable populations and ensuring they have a safe and stable place to live. By offering affordable housing options, Nowata Gardens Apartments contributes to the overall well-being and quality of life for those in need within 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 2023.

  • Investment Income: $128
  • Program Service Revenue: $915,832
  • Gross Receipts: $955,563

    • Assets and Liabilities:
  • Total Assets: $1,000,699
  • Total Liabilities: $2,659,153
  • Net Assets: -$1,658,454
  • Programs

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

    Section 8 Housing Assistance

    Revenue

    $633,266

    Tenant Rental Payments

    Revenue

    $282,566

    Organization Details

    Founding Year

    1985

    Principal Officer

    Tamey Gray

    Main Address

    920 S Main Street APT 200, Grapevine, TX, 76051

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Nowata Gardens Apartments Of Chickasha 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.