Public Charity

EAST 5TH STREET APARTMENTS INC

EAST 5TH STREET APARTMENTS INC is a Public Charity headquartered in CHARLOTTE, NC. Financial data from the 2025 filing: $54K revenue, $74K expenses, $758K total assets.

EIN: 450705485 CHARLOTTE, NC Homeless Shelters NTEE: L41 Latest filing: 2025
Total Revenue$54K
Total Expenses$74K
Total Assets$758K
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE PERMANENT HOUSING FOR HOMELESS INDIVIDUALS.

Where $100 goes at East 5TH Street Apartments Inc

How East 5TH Street Apartments Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$93
Operating as 8 unit apartment complex to provide permanent housing for homeless individuals
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Ahaz Armstrong
PRESIDENT Craig Peatross
DIRECTOR Diane Evans
DIRECTOR Garry Merritt
SECRETARY Mallory Oldham
OUTGOING TREASURER Tammy Vernon

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $54K $74K $758K
2024 $27K $96K $767K
2023 $53K $79K $831K
2022 $54K $75K $849K
2021 $52K $91K $865K

Between 2021 and 2025, reported annual revenue grew from $52K to $54K (+4%), with total assets most recently reported at $758K.

Interactive year-over-year charts and full filing details available with membership.

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