Mckee Street Apartments
- Assets
- $1.6m
- Revenue
- $79.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- 03/2015
- Data as of
- 06/2023
- EIN
- 46-3502555
Organization Overview
Mckee Street Apartments is located in Jefferson City, MO. The organization was established in 2015. 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. Mckee Street Apartments 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 06/2023, Mckee Street Apartments generated $79.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $146.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MCKEE STREET APARTMENTS, INC. IS A TWELVE BED RESIDENTIAL FACILITY. THE COMPANY'S PROJECT PROVIDES SUPPORTIVE HOUSING FOR PERSONS WITH CHRONIC MENTAL HEALTH DISABILITIES. THE FACILITY IS LOCATED IN COLUMBIA, MISSOURI. THE PROJECT IS OPERATED UNDER A REGULATORY AGREEMENT WITH THE MISSOURI HOUSING DEVELOPMENT COMMISSION IN A MANNER SIMILAR TO THE HUD REGULATIONS. FUNDING FOR THE CONSTRUCTION OF THE FACILITY WAS PROVIDED BY A MORTGAGE WITH MHDC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCKEE STREET APARTMENTS, INC'S FACILITY WAS COMPLETED AND OPENED IN JUNE 2016 AND OPERATED FOR THE FULL FISCAL YEAR OF 2022 AT NEARLY FULL CAPISITY. THE FACILITY IS A 13 BED FACILITY THAT PROVIDES 12 SUBSIDIZED UNITS TO PERSONS WITH CHRONIC MENTAL HEALTH DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chi Cheung President | OfficerTrustee | 0.1 | $0 |
Andrea Cheung Board Secret | OfficerTrustee | 0.1 | $0 |
Greg Bowman Director | Trustee | 0.1 | $0 |
Stephen Buchholz Director | Trustee | 0.1 | $0 |
Jeremy Cheung Director | Trustee | 0.1 | $0 |
Candace Treat Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $30,689 |
| Government grants | $0 |
| 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 | $30,689 |
| Total Program Service Revenue | $48,265 |
| Investment income | $402 |
| 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 | $79,356 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10 |
| Payroll taxes | $1,224 |
| Fees for services: Management | $4,089 |
| Fees for services: Legal | $6,616 |
| Fees for services: Accounting | $4,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,297 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,936 |
| Insurance | $8,404 |
| All other expenses | $0 |
| Total functional expenses | $146,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,454 |
| Savings and temporary cash investments | $123,688 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,305 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,436,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $900 |
| Total assets | $1,567,988 |
| Accounts payable and accrued expenses | $8,691 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,599,825 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,907 |
| Total liabilities | $1,612,423 |
| Net assets without donor restrictions | -$44,435 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,567,988 |