Bethel Apartments Inc

Organization Overview

Bethel Apartments Inc is located in Alexandria, LA. The organization was established in 1976. 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. As of 06/2022, Bethel Apartments Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethel Apartments Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2022, Bethel Apartments Inc generated $595.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $707.2k during the year ending 06/2022. While expenses have increased by 2.8% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ADEQUATE DECENT HOUSING TO VERY LOW AND LOW INCOME FAMILIES IN ALEXANDRIA LOUISIANA UTILIZING SECTION 202 OF THE FEDERAL HOUSING ACT AND SECTION 8 OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTS PROGRAMS TO ASSIST VERY LOW AND LOW INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BETHEL APARTMENTS, INC.


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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$595,756
Investment income $61
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 $595,817

Peer Organizations

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