Appletree Court

Breckenridge, MN

Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Ruling year info

1946

Principal Officer

DAVID NELSON

Main address

601 Oak St

Breckenridge, MN 56520 United States

EIN

41-1850500

NTEE code info

Senior Citizens' Housing/Retirement Communities (L22)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: IRS Form 990

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Program 1

APPLETREE COURT WAS INCORPORATED AS A 501(C)(3) INDEPENDENT, INCOME-BASED, SENIOR HOUSING UNIT IN 1998. THIS 20 APARTMENT COMPLEX WAS ESTABLISHED TO PROVIDE CLEAN, COMFORTABLE, SAFE, AND AFFORDABLE HOUSING FOR ELDERLY, LOW-INCOME RESIDENTS OF THE BRECKENRIDGE COMMUNITY. APPLETREE COURT'S 11-MEMBER BOARD OF DIRECTORS AND THE DIRECTOR OVERSEE THE OPERATIONS OF THE HOUSING COMPLEX AND PROVIDE REDUCED RENTS TO ITS TENANTS. THE RENT ON THE APARTMENTS IS ADJUSTED BASED ON EACH TENANT'S INCOME. IF THE RENT IS LESS THAN THE HOUSING AND URBAN DEVELOPMENT (HUD) ESTABLISHED MINIMUM, $410, HUD MAKES UP THE DIFFERENCE. HOWEVER, $410 IS LESS THAN THE MARKET RATE FOR SIMILAR HOUSING DEVELOPMENTS IN OUR COMMUNITY, THUS ALLOWING THE TENANTS TO LIVE IN HOUSING OF A HIGHER QUALITY THAN THEY COULD OTHERWISE AFFORD. APPLETREE COURT ALSO PROVIDES SOCIAL AND RECREATIONAL ACTIVITIES FOR THE TENANTS OF THE COMPLEX. IN ADDITION, APPLETREE COURT PROVIDES MEETING SPACE FREE OF CHARGE TO SEVERAL HEALTH-RELATED COMMUNITY GROUPS, SUCH AS WEIGHT LOSS, GRIEF SUPPORT, ETC. TENANTS ARE ALSO ENCOURAGED TO USE THE COMMUNITY AREAS FREE OF CHARGE. THE COMMUNITY BENEFIT AMOUNT OF $390 FOR FY20 IS LOWER THAN FY19 DUE TO PUBLIC HEALTH RESTRICTIONS ON IN-PERSON, INDOOR GATHERINGS DURING THE COVID-19 PANDEMIC.

Expenses
$100,246
Revenue
$77,230

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Financials

Appletree Court
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Operations

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This organization has no recorded board members.