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Natchitoches-Thomas Apts Inc

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

EIN: 720910397 ✦ Natchitoches, LA ✦ Designated as a 501(c)(3)

Overview

What is Natchitoches-Thomas Apts Inc?

Natchitoches-Thomas Apts Inc is a nonprofit organization situated in Natchitoches, Louisiana. Their primary mission is to provide affordable housing units for low-income individuals within the Natchitoches area. The organization operates by renting multi-family apartment housing units to qualified tenants who meet the income eligibility criteria. With a team of 13 dedicated employees, Natchitoches-Thomas Apts Inc strives to contribute positively to the local community by offering housing solutions for those in need.


Is Natchitoches-Thomas Apts Inc legitimate?

Natchitoches-Thomas Apts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Natchitoches-Thomas Apts 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: $200,639

For more financial information, click here


What is the mission statement of Natchitoches-Thomas Apts Inc?
What is the revenue of Natchitoches-Thomas Apts Inc?
Who are the executives of Natchitoches-Thomas Apts Inc and what are their salaries?
Where can I find the form 990 for Natchitoches-Thomas Apts Inc?

Mission Statement of Natchitoches-Thomas Apts Inc

Natchitoches-Thomas Apts Inc, as a nonprofit organization, is committed to providing multi-family apartment housing units to eligible low-income tenants in a descriptive manner. Their mission is centered around offering affordable housing options, serving as a vital resource for individuals and families who may not have access to such accommodations otherwise. By doing so, Natchitoches-Thomas Apts Inc plays a significant role in enhancing living conditions and promoting a sense of stability for its residents. The organization's mission is deeply rooted in the belief that everyone deserves a safe and comfortable place to call home, regardless of their financial circumstances.

Impact

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




Saturday, July 20, 2024

Natchitoches-Thomas Apts Inc provides crucial affordable housing solutions to low-income individuals and families in the Natchitoches, Louisiana area. By offering rental opportunities for multi-family apartment units to eligible tenants, this organization directly addresses the pressing need for accessible housing options in the community. Through their mission, Natchitoches-Thomas Apts Inc contributes to enhancing the quality of life for those in need by providing a safe and stable living environment. This impact extends beyond just shelter, as having affordable housing can positively influence various aspects of tenants' lives, such as financial stability, access to education and healthcare, and overall well-being.





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: $49
  • Program Service Revenue: $143,344
  • Gross Receipts: $902,510

    • Assets and Liabilities:
  • Total Assets: $1,318,563
  • Total Liabilities: $2,885,031
  • Net Assets: -$1,566,468
  • Programs

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

    MISCELLANEOUS

    Revenue

    $5,828

    RENT INCOME

    Revenue

    $132,462

    TENANT CHARGES

    Revenue

    $5,054

    Organization Details

    Founding Year

    1981

    Main Address

    500 NORTH ST, NATCHITOCHES, LA, 71457

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Natchitoches-Thomas Apts 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.