Community Apartments Corporation Of Rutherford County 2
- Assets
- $496.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 05/2002
- Data as of
- 09/2023
- EIN
- 30-0046623
Organization Overview
Community Apartments Corporation Of Rutherford County 2 is located in Raleigh, NC. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Community Apartments Corporation Of Rutherford County 2 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 09/2023, Community Apartments Corporation Of Rutherford County 2 generated $53.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $83.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES HOUSING FOR PEOPLE SUFFERING FROM MENTAL ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Antkowiak Director | 0.1 | $0 | |
Marvin Alligood Director | 0.1 | $0 | |
Dawn Selby Director | 0.1 | $0 | |
Daphne Hall Director | 0.1 | $0 | |
Jennifer Pfaltzgraff Director | 0.1 | $0 | |
Clementine Brown Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,442 |
| Total Program Service Revenue | $18,925 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $53,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,148 |
| Occupancy, rent, utilities, and maintenance | $50,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,661 |
| Total expenses | $83,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,165 |
| Other assets | $0 |
| Total assets | $496,393 |
| Total liabilities | $782,241 |
| Net assets or fund balances | -$285,848 |