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Casa Mia Senior Apartments Inc

Casa Mia Apartments

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

EIN: 742465161 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Casa Mia Senior Apartments Inc?

Casa Mia Senior Apartments Inc is a nonprofit organization that was established to manage and operate a 64-unit apartment complex in Phoenix, Arizona, named Casa Mia Apartments. This endeavor aligns with Section 202 of the National Affordable Housing Act. The assets and liabilities of the apartment community were transferred from Casa Mia Mutual Housing Association, Inc. to the corporation on August 2, 2011, with the approval of the U.S. Department of Housing and Urban Development (HUD) on June 23, 2011. The corporation now oversees the apartment community under the standard regulatory agreements with the Federal Housing Administration section of HUD. The main purpose of Casa Mia Senior Apartments Inc is to provide affordable housing options in Phoenix, Arizona.


Is Casa Mia Senior Apartments Inc legitimate?

Casa Mia Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa Mia Senior 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: $111,034

For more financial information, click here


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

Mission Statement of Casa Mia Senior Apartments Inc

Casa Mia Senior Apartments Inc is an organization dedicated to owning and operating a 64-unit apartment community, known as Casa Mia Apartments. This endeavor is carried out in accordance with Section 202 of the National Affordable Housing Act, which has been amended over time. The transition of the assets and liabilities of the apartment community from Casa Mia Mutual Housing Association, Inc. to Casa Mia Senior Apartments Inc occurred on August 2, 2011, and was approved by the Federal Housing Administration (FHA) section of HUD on June 23, 2011. Following the transfer, Casa Mia Senior Apartments Inc entered into standard regulatory agreements with the FHA, governance of the community's operation.

In essence, Casa Mia Senior Apartments Inc serves as the custodian of affordable housing for senior residents, ensuring compliance with regulations set forth by the National Affordable Housing Act and overseen by the FHA. By undertaking this mission, the organization contributes to the well-being of seniors in need of housing, providing them with a secure and comfortable living environment.

Impact

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




Wednesday, July 24, 2024

Casa Mia Senior Apartments Inc's impact lies in providing affordable housing for seniors in Phoenix, Arizona. By owning and operating a 64-unit apartment community known as Casa Mia Apartments, the organization ensures that elderly individuals have a safe and comfortable place to call home. This initiative aligns with the mission of Casa Mia Senior Apartments Inc to offer housing options in accordance with the National Affordable Housing Act. The organization's dedication to serving the senior community through affordable housing reflects its commitment to addressing housing needs for this demographic in the region.





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: $0
  • Program Service Revenue: $265,972
  • Gross Receipts: $526,368

    • Assets and Liabilities:
  • Total Assets: $3,363,950
  • Total Liabilities: $6,087,933
  • Net Assets: -$2,723,983
  • Programs

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

    RENTAL INCOME

    Revenue

    $243,435

    FORGIVENESS OF DEBT

    Revenue

    $22,537

    Organization Details

    Founding Year

    1987

    Principal Officer

    David Adame

    Main Address

    1112 EAST BUCKEYE ROAD, PHOENIX, AZ, 85034

    NTEE Category

    Code: L99 - Housing

    If you are a representative of Casa Mia Senior Apartments 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.