Garden Court Downtown Inc.
Garden Court Downtown Inc.
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About this organization
Revenue
$295,605
Expenses
$308,838
Mission
Garden Court Downtown, Inc. is an Indiana not-for-profit and was organized to construct, own and operate a 30 unit apartment complex in New Albany, Indiana known as Garden Court Downtown. It was organized pursuant to Section 202 of the National Housing Act as amended. The organization has executed the standard regulatory agreements with HUD that govern the operations of the community with the Federal Housing Administration (FHA). In addition, the corporation has also entered into a housing assistance payment (HAP) contract with HUD. The HAP contract is a rent assistance program for low income families or persons as provided by Section 8 of the National Housing Act.
About
Garden Court Downtown, Inc. is an Indiana not-for-profit and was organized to construct, own and operate a 30 unit apartment complex in New Albany, Indiana known as Garden Court Downtown. It was organized pursuant to Section 202 of the National Housing Act as amended. The organization has executed the standard regulatory agreements with HUD that govern the operations of the community with the Federal Housing Administration (FHA). In addition, the corporation has also entered into a housing assistance payment (HAP) contract with HUD. The HAP contract is a rent assistance program for low income families or persons as provided by Section 8 of the National Housing Act.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “Garden court downtown, inc. is an indiana not-for-profit and was organized to construct, own and operate a 30 unit apartment complex in new albany, indiana known as garden court downtown. it was organized pursuant to section 202 of the national housing act as amended. the organization has executed the standard regulatory agreements with hud that govern the operations of the community with the federal housing administration (fha). in addition, the corporation has also entered into a housing assistance payment (hap) contract with hud. the hap contract is a rent assistance program for low income families or persons as provided by section 8 of the national housing act.”.
When detailing its functions, they were listed as: “Garden court downtown, inc. is an indiana not-for-profit and was organized to construct, own and operate a 30 unit apartment complex in new albany, indiana known as garden court downtown. it was organized pursuant to section 202 of the national housing act as amended. the organization has executed the standard regulatory agreements with hud that govern the operations of the community with the federal housing administration (fha). in addition, the corporation has also entered into a housing assistance payment (hap) contract with hud. the hap contract is a rent assistance program for low income families or persons as provided by section 8 of the national housing act.”.
- According to the law, the state where the non-profit operates has been reported as IN.
- The filing specifies that the non-profit's address in 2020 was 315 W GARRO STREET, PLYMOUTH, IN, 46563.
- As of 2020, the non-profit's form shows they have a total of 0 employees.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$13,233.
- The organization has 16 independent voting members.
- The organization was formed in 1987.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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