Aiken Apartments Inc
- Assets
- $72.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aiken, SC
- Founding
- 04/1989
- Data as of
- 06/2023
- EIN
- 57-0883999
Organization Overview
Aiken Apartments Inc is located in Aiken, SC. The organization was established in 1989. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Aiken 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 06/2023, Aiken Apartments Inc generated $152.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $126.3k during the year ending 06/2023. While expenses have increased by 2.5% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR EXEMPT PURPOSE IS TO PROVIDE RENTAL APARTMENTS TO TWENTY INTELLECTUALLY DISABLED INDIVIDUALS. WE ALSO PROVIDE STAFF ON SITE ON A 24 HOUR BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Hookness Chair | 1 | $0 | |
Mary Mccormack Sec/treasurer | 1 | $0 | |
Mary Farmer Member | 1 | $0 | |
Al Spack Member | 1 | $0 | |
Breck Klein Member | 1 | $0 | |
David Rosling Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,012 |
| Total Program Service Revenue | $80,302 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,329 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,772 |
| Professional fees and other payments to independent contractors | $21,717 |
| Occupancy, rent, utilities, and maintenance | $78,237 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,584 |
| Total expenses | $126,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,353 |
| Other assets | $0 |
| Total assets | $71,958 |
| Total liabilities | $256,083 |
| Net assets or fund balances | -$184,125 |