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St Timothy Park Apartments

EIN: 20-4499264Cuyahoga Falls, OHZIP: 44221
L22 - Housing & Shelter501(c)(3)

Mission

ST. TIMOTHY PARK APARTMENTS, INC. (THE PROJECT), A NOT-FOR-PROFIT ENTITY, OWNS AND OPERATES A 40-UNIT APARTMENT PROJECT LOCATED IN GARFIELD HEIGHTS, OHIO. THE PROJECT COMMENCED OPERATIONS ON DECEMBER 1, 2008. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 202 CAPITAL ADVANCE WHICH PROVIDED THE MAJORITY OF THE FUNDING TO DEVELOP THE PROJECT. THE PROJECT ALSO IS SUBJECT TO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) WITH HUD, AND A PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.

Financials

YearRevenueExpensesAssets
2022$387k$0$2.5M

Compensation

MARYELLEN STAAB
Trustee
board member
$0
$0
$0
$0
T MICHAEL TOMSIK
Trustee
board member
$0
$0
$0
$0
JOAN MARTIN
Chairperson
board chair
$0
$0
$0
$0
SHARON BOOKER
Treasurer
officer (unspecified)
$0
$0
$0
$0
FR DAVE NESTLER
Trustee
board member
$0
$0
$0
$0
ANGELI PERSONS
Vice Chairperson
board vice chair
$0
$0
$0
$0
FRED BERRY
President/Secretary
chief executive officer
$0
$0
$0
$0

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