Cape Cod Apartments Inc

Organization Overview

Cape Cod Apartments Inc is located in Falmouth, MA. The organization was established in 1969. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cape Cod Apartments Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Cape Cod Apartments Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 12.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO PROVIDE MIDDLE-INCOME HOUSING FOR THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED MIDDLE-INCOME HOUSING FOR THE ELDERLY.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Adams
President
$0
Patty Erickson
Treasurer
$0
Susan Zavala
Cleark
$0
Donald Vahey Jr
Vice Preside
$0
Jim Burges
Director
$0
Christopher Alves
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $774,845
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$774,845
Total Program Service Revenue$479,829
Investment income $10,993
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,265,667

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