Community Apartments Corporation Of Watauga County
- Assets
- $316.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 07/1992
- Data as of
- 09/2023
- EIN
- 56-1775587
Organization Overview
Community Apartments Corporation Of Watauga County is located in Raleigh, NC. The organization was established in 1992. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building 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 Watauga County 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 Watauga County generated $44.8k 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 (5.4%) each year. All expenses for the organization totaled $60.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. 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 | $30,587 |
| Total Program Service Revenue | $14,109 |
| Membership dues | $0 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,767 |
| 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 | $5,168 |
| Occupancy, rent, utilities, and maintenance | $32,724 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,067 |
| Total expenses | $59,959 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,329 |
| Other assets | $0 |
| Total assets | $316,065 |
| Total liabilities | $642,266 |
| Net assets or fund balances | -$326,201 |