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Bicentennial Apartments Inc

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

EIN: 810374973 ✦ Dillon, MT ✦ Designated as a 501(c)(3)

Overview

What is Bicentennial Apartments Inc?

Bicentennial Apartments Inc is a charitable organization based in Dillon, Montana, specifically at 76 W Center. Its primary mission is to offer housing facilities for elderly individuals, adhering to Section 8 of the National Housing Act. The organization has a modest workforce of four employees. Notably, the apartment complex managed by Bicentennial Apartments Inc was transferred to a separate entity on June 2, 2022. Despite the sale, Bicentennial Apartments Inc continues its dedication to providing housing solutions for the elderly within the scope of its mission.


Is Bicentennial Apartments Inc legitimate?

Bicentennial Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bicentennial 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: $48,505

For more financial information, click here


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

Mission Statement of Bicentennial Apartments Inc

Bicentennial Apartments Inc, as a nonprofit organization, is dedicated to serving the elderly community. Its primary mission is to provide suitable housing facilities for elderly individuals, adhering to Section 8 of the National Housing Act. The organization's purpose is to ensure that the elderly have access to comfortable living spaces, thereby contributing to their overall well-being and quality of life. Unfortunately, the information does not provide details about the specific services or amenities offered at these housing facilities or the length of time the organization has been serving this vulnerable population. However, it can be inferred that Bicentennial Apartments Inc plays a crucial role in providing affordable and secure housing for elderly individuals, enabling them to live with dignity and independence. After being in operation for an unspecified period, Bicentennial Apartments Inc recently underwent a significant transition on June 2, 2022, when it was sold to an unrelated party. Despite this change in ownership, the mission to serve the elderly community remains unaltered.

Impact

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




Saturday, July 20, 2024

Bicentennial Apartments Inc has had a significant impact on the lives of elderly persons by providing housing facilities under Section 8 of the National Housing Act. Their mission to offer affordable and comfortable housing to this demographic has been essential in ensuring the well-being and security of senior citizens in the community. By operating as a nonprofit organization, Bicentennial Apartments Inc has demonstrated a commitment to serving a specific and often vulnerable population. The sale of the apartment complex on June 2, 2022, while transferring ownership to an unrelated party, underscores the lasting legacy and impact of Bicentennial Apartments Inc's work in supporting elderly individuals in Dillon, MT.





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: $1,736,821
  • Program Service Revenue: $226,138
  • Gross Receipts: $3,759,286

    • Assets and Liabilities:
  • Total Assets: $5,329,749
  • Total Liabilities: $1,636
  • Net Assets: $5,328,113
  • Programs

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

    Apartment Rent

    Revenue

    $105,922

    Miscellaneous

    Revenue

    $10,001

    Tenant Assistance Payments

    Revenue

    $110,215

    Organization Details

    Founding Year

    1982

    Principal Officer

    James A Mcisaac

    Main Address

    76 W Center, Dillon, MT, 59725

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Bicentennial 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.