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Ponderosa Apartments Inc.

Ponderosa Apartments Inc.

Spearfish, SD 57783
Tax ID23-7232223

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About this organization

Revenue

$2,678,672

Expenses

$2,901,682

Mission

To provide housing and related facilities for the elderly and disabled persons of the area based upon their respective incomes rural development provides rental assistance for the low and very low income persons for most of the buildings.

About

Ponderosa Apartments, Inc provides and operates 6 apartment complexes with a total of 436 units for eligible elderly occupants as determined by rural development guidelines. This also includes subsidized meal service for the elderly.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “To provide housing and related facilities for the elderly and disabled persons of the area. based upon their respective incomes, rural development provides rental assistance for the low and very low income persons for most buildings”.

When explaining its purpose, the activities were described as: “To provide housing and related facilities for the elderly and disabled persons of the area based upon their respective incomes rural development provides rental assistance for the low and very low income persons for most of the buildings.”.

  • The non-profit is legally allowed to operate in the state of SD, as reported.
  • The filing provides the non-profit's address in 2020 as 430 ORIOLE DRIVE, SPEARFISH, SD, 57783.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$223,010.
  • The organization has 6 independent voting members.
  • The organization was formed in 1972.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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