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Fountain West Apartments Inc

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

EIN: 680371264 ✦ San rafael, CA ✦ Designated as a 501(c)(3)

Overview

What is Fountain West Apartments Inc?

Fountain West Apartments Inc is a nonprofit organization situated in Fresno, California, dedicated to providing affordable housing for families. Operating under section 236 of the National Housing Act, the corporation manages a 72-unit complex, adhering to HUD regulations regarding rent charges. Their mission is centered around this goal, ensuring low-income families have access to suitable and reasonably priced housing units.


Is Fountain West Apartments Inc legitimate?

Fountain West Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fountain West 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: $139,076

For more financial information, click here


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

Mission Statement of Fountain West Apartments Inc

Fountain West Apartments Inc, as a nonprofit organization, is committed to providing low-income housing. Operating a 72-unit complex in an unspecified location, Fountain West Apartments adheres to the regulations set by HUD under section 236 of the National Housing Act. Their primary mission is to offer affordable housing options, ensuring that rent charges align with these regulations. The corporation's goal is to contribute positively to the housing sector, ensuring that families in need have a place to call home.

Impact

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




Saturday, July 20, 2024

Fountain West Apartments Inc's impact lies in providing low-income housing for families in Fresno, California through its operation of a 72-unit housing complex. This initiative aligns with the organization's mission to offer affordable housing while complying with HUD regulations on rent charges. By offering housing options to low-income families, Fountain West Apartments Inc plays a vital role in addressing the housing needs of the community and supporting individuals who may otherwise struggle to find suitable accommodation.





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: $852
  • Program Service Revenue: $481,524
  • Gross Receipts: $713,033

    • Assets and Liabilities:
  • Total Assets: $2,842,462
  • Total Liabilities: $1,637,430
  • Net Assets: $1,205,032
  • Programs

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

    LAUNDRY INCOME

    Revenue

    $14

    OTHER INCOME

    Revenue

    $1,021

    TENANT CHARGES

    Revenue

    $17,471

    TENANT RENTS

    Revenue

    $463,018

    Organization Details

    Founding Year

    1995

    Principal Officer

    Blanca Castilleja

    Main Address

    22 Pelican Way, San Rafael, CA, 94901

    NTEE Category

    Code: L80 - Housing

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