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Nowata Gardens Inc

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

EIN: 731033962 ✦ Nowata, OK ✦ Designated as a 501(c)(3)

Overview

What is Nowata Gardens Inc?

Nowata Gardens Inc, situated in Nowata, Oklahoma, is a nonprofit organization primarily focused on managing an apartment complex. This complex, housing 60 units, receives rent subsidies from the Department of Housing and Urban Development (HUD). Under Section 8 of the National Housing Act, Nowata Gardens Inc operates this complex, ensuring adherence to HUD-regulated rent charges and operational methods. The organization's mission is to provide affordable housing options for its residents.


Is Nowata Gardens Inc legitimate?

Nowata Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nowata Gardens 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: $127,866

For more financial information, click here


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

Mission Statement of Nowata Gardens Inc

Nowata Gardens Inc, as a nonprofit organization, is dedicated to operating an apartment complex under Section 8 of the National Housing Act. This project is subject to regulation by the HUD, ensuring that the rental charges and operating methods adhere to specific guidelines. The organization's mission is to provide affordable housing solutions, with the apartment complex consisting of 60 units. These units receive subsidy payments from the HUD, making them more accessible to individuals and families who may not otherwise be able to afford housing. Nowata Gardens Inc plays a crucial role in addressing housing affordability issues, operating within the framework of federal regulations to provide a stable living environment.

Impact

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




Wednesday, July 24, 2024

Nowata Gardens Inc's impact lies in providing affordable housing options through the operation of an apartment complex under Section 8 of the National Housing Act. With a project regulated by HUD, they offer 60 units that receive rent subsidy payments, ensuring that individuals in Nowata, Oklahoma have access to safe and affordable housing. Their dedication to this mission contributes to addressing the housing needs of the community and supporting individuals in securing stable living arrangements.





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 2021.

  • Investment Income: $103
  • Program Service Revenue: $0
  • Gross Receipts: $468,183

    • Assets and Liabilities:
  • Total Assets: $444,988
  • Total Liabilities: $266,256
  • Net Assets: $178,732
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Carissa Pierce

    Main Address

    PO BOX 632, Nowata, OK, 74048

    NTEE Category

    Code: L20Z - Housing

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