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Red Lake Senior Apartment Center Inc
Senior ServicesMNRed LakeEst. 2003EIN 56-2338756
65
Efficiency score — Good
Better than 15% of senior nonprofits in Minnesota
Annual revenue
$169K
2023 Form 990
Total assets
$1.6M
990 filings available Tax-deductible Est. 2003
About AI summarized
Red Lake Senior Apartment Center Inc provides affordable and supportive housing options for older adults in Red Lake, MN. Their mission is to enhance the quality of life for seniors by offering essential services within a community setting.
Affordable senior housingCommunity social activitiesOn-site facility maintenanceSafety and security servicesReferrals for supportive care
Revenue trend IRS Form 990
2023
$169K
2022
$164K
2021
$191K
2020
$173K
2019
$179K
2018
$230K
2014
$122K
Revenue grew 39% between 2014 and 2023, from $122K to $169K over 9 years of filings. That is a compound annual growth rate of about +3.7% per year.
Frequently asked questions FAQ Schema
How much revenue does Red Lake Senior Apartment Center Inc report?
Red Lake Senior Apartment Center Inc reported $169K in total revenue for 2023, according to its most recently filed IRS Form 990.
How has Red Lake Senior Apartment Center Inc’s revenue changed over time?
Revenue grew 39% between 2014 and 2023, from $122K to $169K over 9 years of filings. That is a compound annual growth rate of about +3.7% per year. Figures are drawn directly from 7 years of IRS Form 990 filings.
What is Red Lake Senior Apartment Center Inc’s Efficiency Score?
Red Lake Senior Apartment Center Inc has an Efficiency Score of 65/100 (Good), higher than 15% of senior nonprofits in Minnesota. The score is calculated from overhead ratio, revenue growth, transparency, and organizational size — see our methodology for details.
What are Red Lake Senior Apartment Center Inc’s total assets?
Red Lake Senior Apartment Center Inc reported $1.6M in total assets on its 2023 Form 990 filing.
When was Red Lake Senior Apartment Center Inc recognized as tax-exempt?
Red Lake Senior Apartment Center Inc received its IRS tax-exempt determination in 2003, according to public IRS records.