Annandale Apartments Inc
- Assets
- $291.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Suwanee, GA
- Founding
- 08/1979
- Data as of
- 06/2022
- EIN
- 58-1370611
Organization Overview
Annandale Apartments Inc is located in Suwanee, GA. The organization was established in 1979. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Annandale 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 06/2022, Annandale Apartments Inc generated $80.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $39.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
ANNANDALE APARTMENTS - OR HAAS APARTMENTS, AS THEY ARE LOCALLY KNOWN - PROVIDES SEMI-INDEPENDENT LIVING OPTIONS FOR ADULTS WITH DEVELOPMENTAL DISABILITIES ON THE CAMPUS OF ANNANDALE VILLAGE. THE BUILDING CONSISTS OF 12 SPACIOUS STUDIO APARTMENTS WITH FULL KITCHENS AND A LARGE SHARED ATRIUM FOR SOCIAL GATHERING AND INDOOR RECREATION. JUST OUTSIDE THE BUILDING SITS A BEAUTIFUL AMISH BUILT GAZEBO USED FOR OUTDOOR SOCIAL ACTIVITIES. HAAS APARTMENTS PROVIDES THE LEAST RESTRICTIVE RESIDENTIAL ENVIRONMENT IN THE BROAD CONTINUUM OF CARE AT ANNANDALE VILLAGE (WWW.ANNANDALE.ORG). THE BUILDING ALSO PARTICIPATES IN THE HUD SUBSIDY PROGRAM, MAKING IT AFFORDABLE FOR SOME ADULTS WITH DEVELOPMENTAL DISABILITIES WHO NORMALLY WOULD NOT BE ABLE TO ACCESS SUCH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Pomeranz President/executive Director | 1 | $0 | |
Laura Macpherson CFO | 1 | $0 | |
Susan Mollock Chair | 0.5 | $0 | |
Bryan Benfield Vice Chair | 2 | $0 | |
Lisa Jackson Secretary | 0.5 | $0 | |
Steve Gaultney Past Chair | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $79,746 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $600 |
| Total Revenue | $80,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,579 |
| Professional fees and other payments to independent contractors | $7,033 |
| Occupancy, rent, utilities, and maintenance | $26,640 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $318 |
| Total expenses | $39,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,752 |
| Other assets | $0 |
| Total assets | $291,915 |
| Total liabilities | $2,567 |
| Net assets or fund balances | $289,348 |