nonprofit logo

Bt Of Ark Inc

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

EIN: 581524603 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Bt Of Ark Inc?

Bt Of Ark Inc, based in Atlanta, Georgia, is a nonprofit organization that primarily focuses on providing housing for low-income elderly individuals. Operating under the guidelines set by the Department of Housing and Urban Development, Bt Of Ark Inc manages an apartment complex that offers suitable living accommodations for this specific demographic. Their mission is to own and operate a rental property under Section 202 of the National Housing Act, thereby contributing positively to the community's elderly population.


Is Bt Of Ark Inc legitimate?

Bt Of Ark Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bt Of Ark 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: $73,455

For more financial information, click here


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

Mission Statement of Bt Of Ark Inc

Bt Of Ark Inc, as a nonprofit organization, is committed to owning and operating a rental housing property specifically designed for low-income elderly individuals. Adhering to Section 202 of the National Housing Act, this mission is geared towards providing a safe and comfortable living environment for this vulnerable population. The operation and maintenance of the apartment complex by Bt Of Ark Inc are carried out in accordance with the requirements set by the Department of Housing and Urban Development, ensuring that the living conditions meet the necessary standards for the elderly residents. By fulfilling this mission, Bt Of Ark Inc contributes to the well-being and stability of low-income elderly individuals, providing them with a secure and suitable housing solution.

Impact

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




Wednesday, July 24, 2024

Bt Of Ark Inc's impact is centered around providing affordable and safe housing for low-income elderly individuals in Atlanta, Georgia. By owning and operating a rental housing property under Section 202 of the National Housing Act, this organization plays a crucial role in meeting the housing needs of this vulnerable population.

The operation and maintenance of an apartment complex specifically designed for low-income elderly persons align with the requirements set forth by the Department of Housing and Urban Development. Through their mission to provide affordable housing for elderly individuals in need, Bt Of Ark Inc contributes to improving the quality of life and well-being of those they serve.

Overall, Bt Of Ark Inc's impact can be seen in their commitment to addressing the housing challenges faced by low-income elderly individuals, ensuring they have a secure and affordable place to call home.





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: $1,464
  • Program Service Revenue: $608,240
  • Gross Receipts: $616,394

    • Assets and Liabilities:
  • Total Assets: $456,278
  • Total Liabilities: $812,981
  • Net Assets: -$356,703
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $395,248

    RENTAL AND OTHER INCOM

    Revenue

    $212,992

    Organization Details

    Founding Year

    1988

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Bt Of Ark 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.