Meadows Apartment Ownership Inc

Organization Overview

Meadows Apartment Ownership Inc is located in Denver, CO. The organization was established in 1994. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Meadows Apartment Ownership 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 12/2021, Meadows Apartment Ownership Inc generated $396.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $396.6k during the year ending 12/2021. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OWN AND OPERATE A LOW-INCOME HOUSING RESIDENTIAL PROPERTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEADOWS APARTMENT OWNERSHIP, INC. WAS ORGANIZED ON NOVEMBER 9, 1993 AS A CALIFORNIA NONPROFIT CORPORATION FOR THE PURPOSE OF ACQUIRING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 236 AND 241(F) OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. MEADOWS APARTMENT CONSISTS OF 30 UNITS LOCATED IN JACKSON, CALIFORNIA.


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Board, Officers & Key Employees

Name (title)Compensation
Diana Stafford
President/director
$0
Eugina Banes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $225,369
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$225,369
Total Program Service Revenue$170,812
Investment income $55
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 $396,236

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