Avondale Park Apartments Inc

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

EIN: 522028130 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Avondale Park Apartments Inc?

Avondale Park Apartments Inc is a nonprofit organization that offers 88 affordable rental apartment units, catering specifically to senior citizens with limited income. Their mission is centered around providing these individuals with both housing and associated social services. This dedicated organization aims to enhance the living conditions and well-being of its residents, ensuring they maintain their independence while benefiting from necessary support.


Is Avondale Park Apartments Inc legitimate?

Avondale Park Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avondale Park 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: $68,864

For more financial information, click here


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

Mission Statement of Avondale Park Apartments Inc

Avondale Park Apartments Inc is committed to providing affordable housing and essential services for very-low-income senior citizens who live independently. Their mission is twofold: firstly, to offer 88 rental apartment units that cater to this demographic, and secondly, to deliver related social services. The organization's primary goal is to ensure that senior citizens have access to safe and affordable living spaces, thereby enhancing their quality of life and well-being. By offering these services, Avondale Park Apartments Inc aims to contribute positively to the community and promote a supportive living environment for elderly individuals.

Impact

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




Saturday, July 20, 2024

Avondale Park Apartments Inc's impact is significant in providing affordable housing and essential services to very-low-income independent senior citizens in Maryland. Through its 88 rental apartment units, Avondale Park Apartments plays a crucial role in addressing the housing needs of this vulnerable population. By offering affordable housing and related social services, the organization contributes to improving the quality of life and overall well-being of senior citizens 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: $234
  • Program Service Revenue: $804,387
  • Gross Receipts: $804,621

    • Assets and Liabilities:
  • Total Assets: $3,584,160
  • Total Liabilities: $299,555
  • Net Assets: $3,284,605
  • Programs

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

    Affordable Housing

    Revenue

    $415,745

    Fees & Contracts Gov Ag

    Revenue

    $367,309

    Gain on Disposal of FA

    Revenue

    $1,869

    Miscellaneous Income

    Revenue

    $19,464

    Organization Details

    Founding Year

    1996

    Principal Officer

    Leila A Finucane

    Main Address

    11400 Rockville Pike STE 505, Rockville, MD, 20852

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Avondale Park 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.