Dowling Park Apartments Inc

Organization Overview

Dowling Park Apartments Inc, operating under the name Carter House, is located in Live Oak, FL. The organization was established in 1980. 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. As of 06/2022, Carter House employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carter House 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, Carter House generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE 100 LOW COST HOUSING UNITS FOR SENIOR CITIZENS UNDER SEC 202 OF THE NATIONAL HOUSING ACT. ADDITIONALLY, THE FACILITY PARTICIPATES IN HUDS CONGREGATE HOUSING SERVICE PROGRAM TO PROVIDE SERVICES SUCH AS: MEALS, PERSONAL ASSISTANCE, AND HOUSEKEEPING TO RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SENIOR HOUSING-THE ORGANIZATION PROVIDES 100 APARTMENTS TO SENIOR ADULTS AT A DISCOUNT FROM FAIR MARKET RENT. THIS DISCOUNT IS BASED UPON INCOME LEVEL OF THE RESIDENT. THE RENT SUBSIDY PROGRAM IS ADMINISTERED IN CONJUNCTION WITH THE FEDERAL DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.


CONGREGATE HOUSING SERVICE PROGRAM-THIS PROGRAM SPONSORED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PROVIDES SERVICES, SUCH AS: MEALS, PERSONAL ASSISTANCE, AND HOUSEKEEPING, TO RESIDENTS BASED ON A COST SHARING ARRANGEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Rolly Chambers
Chairman
$0
Steve Ross
Vice Chairman
$0
Craig Carter
Presidentceo
$0
Rev Jim Lee
Board Member
$0
Rev Dwight Dean
Board Member
$0
Ronnie Poole
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
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$0
Total Program Service Revenue$1,049,484
Investment income $0
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 $1,055,284

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