Dunbar Improvement Association Inc

Palm City Garden Apartments

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

EIN: 591960272 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

Overview

What is Dunbar Improvement Association Inc?

Dunbar Improvement Association Inc, located in Fort Myers, Florida, is a nonprofit organization dedicated to offering affordable housing and essential services to low-income and handicapped individuals. They manage 100 Project Based Section 8 units, adhering to HUD regulations and guidelines. The organization took significant steps to improve its housing facilities, securing SHIP grants in 2017, 2018, 2019, 2020, and 2021, as well as restructuring long-term debt and securing additional funding in 2018. Following the restructuring, they completed a major renovation in December 2019, and continued renovations in 2021 and 2022 at other areas of the development. The organization operates under the name Palm City Garden Apartments.


Is Dunbar Improvement Association Inc legitimate?

Dunbar Improvement Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dunbar Improvement Association 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: $139,192

For more financial information, click here


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

Mission Statement of Dunbar Improvement Association Inc

Dunbar Improvement Association Inc is a nonprofit organization dedicated to providing affordable housing and essential services to low-income elderly and handicapped individuals. By owning and managing 100 Project Based Section 8 units, subject to HUD regulations and guidelines, the association offers a home to those in need in Fort Myers, Florida. The organization's mission extends beyond simply providing housing, as they also engage consultants to develop plans and secure funding for renovations and improvements to their facilities. Over the years, Dunbar Improvement Association Inc has successfully secured SHIP grants in 2017, 2018, 2019, 2020, and 2021, enabling them to restructure their long-term debt and secure additional funding for major renovations. Completed in 2019, the renovation of their 100-unit development significantly improved the living conditions for their residents. In 2021 and 2022, the association continued renovating other areas of their development, demonstrating their ongoing commitment to providing quality housing and services for their community's most vulnerable members.

Impact

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




Saturday, July 20, 2024

Dunbar Improvement Association Inc's impact is substantial in providing affordable housing and services to low-income elderly and handicapped individuals in Fort Myers, Florida. The organization owns and operates 100 Project Based Section 8 units, adhering to HUD regulations and guidelines. Through strategic planning, funding procurement, and successful renovations, the agency has significantly improved the living conditions of its residents and positively contributed to the community. Their consistent receipt of SHIP grants and successful debt restructuring have enabled them to continue their mission of providing essential housing support to those in need. By prioritizing the development and renovation of their properties, Dunbar Improvement Association Inc has made a tangible difference in enhancing the quality of life for those they serve.





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: $455
  • Program Service Revenue: $947,989
  • Gross Receipts: $948,889

    • Assets and Liabilities:
  • Total Assets: $6,569,978
  • Total Liabilities: $6,732,742
  • Net Assets: -$162,764
  • Programs

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

    GOVERNMENTAL RENTAL ASSISTANCE

    Revenue

    $758,322

    TENANT RENTAL REVENUE

    Revenue

    $189,667

    Organization Details

    Founding Year

    1979

    Principal Officer

    Audrea Anderson

    Main Address

    1625 Marsh Ave, Fort Myers, FL, 33905

    NTEE Category

    Code: L20 - Housing

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