Jacobs Place
Jacobs Place
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About this organization
Revenue
$652,562
Expenses
$642,017
Mission
Jacobs Place Apartments is an Iowa not-for-profit corporation that was organized to construct, own and operate an 82 unit apartment community known as Jacobs Place located in Des Moines, Iowa. The community was originally financed with a loan insured by the Department of Housing and Urban Development under Section 202 of the National Housing Act, as amended. In October 2006, the corporation refinanced its original HUD insured mortgage with a new HUD insured mortgage under Section 223(F) of the National Housing Act, as amended.
About
Jacobs Place Apartments is an Iowa not-for-profit corporation that was organized to construct, own and operate an 82 unit apartment community known as Jacobs Place located in Des Moines, Iowa. The community was originally financed with a loan insured by the Department of Housing and Urban Development under Section 202 of the National Housing Act, as amended. In October 2006, the corporation refinanced its original HUD insured mortgage with a new HUD insured mortgage under Section 223(F) of the National Housing Act, as amended.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “Jacobs place apartments is an iowa not-for-profit corporation that was organized to construct, own and operate an 82 unit apartment community known as jacobs place located in des moines, iowa. the community was originally financed with a loan insured by the department of housing and urban development under section 202 of the national housing act, as amended. in october 2006, the corporation refinanced its original hud insured mortgage with a new hud insured mortgage under section 223(f) of the national housing act, as amended.”.
When referring to its responsibilities, they were outlined as: “Jacobs place apartments is an iowa not-for-profit corporation that was organized to construct, own and operate an 82 unit apartment community known as jacobs place located in des moines, iowa. the community was originally financed with a loan insured by the department of housing and urban development under section 202 of the national housing act, as amended. in october 2006, the corporation refinanced its original hud insured mortgage with a new hud insured mortgage under section 223(f) of the national housing act, as amended.”.
- The state in which the non-profit is legally registered to operate is IA, as per legal records.
- The filing documents the non-profit's address in 2020 as 655 49TH STREET, DES MOINES, IA, 50312.
- According to the non-profit's form, they have 0 employees on their payroll as of 2020.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $10,545.
- The organization has 8 independent voting members.
- The organization was formed in 1982.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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