Rural Homes Ltd

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061007256 ✦ Plainfield, CT ✦ Designated as a 501(c)(4)

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Overview

What is Rural Homes Ltd?

Rural Homes Ltd is a dedicated nonprofit organization, headquartered unspecified, that is committed to providing affordable housing management and development. Their mission encompasses the administration, creation, and oversight of low and moderate income housing projects, aiming to alleviate housing concerns within these income brackets. By focusing on this crucial aspect, Rural Homes Ltd contributes to the betterment of living conditions for numerous individuals and families in need.

Is Rural Homes Ltd legitimate?

Rural Homes Ltd is a legitimate nonprofit organization registered as a 501(c)(4) entity. Rural Homes Ltd submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Rural Homes Ltd?

Rural Homes Ltd, as an organization, is dedicated to the mission of managing and developing low-income and moderate-income housing projects. This commitment is a part of their broader objective to provide affordable housing solutions. They are actively involved in administering these projects and ensuring their successful execution. Their mission aligns with the goal of making housing more accessible and affordable for individuals who may not have the means to secure high-priced housing options.

Who is the CEO of Rural Homes Ltd?

Barbara Mcgrath is the Director of Rural Homes Ltd.

What is the revenue of Rural Homes Ltd?

Rural Homes Ltd's revenue in 2022 was $39,483.

Who are the executives of Rural Homes Ltd and what are their salaries?


Here are 7 key members and their salaries:


Ricciardone Demetrio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mcgrath (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Beadle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Norton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Dwyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jepson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rural Homes Ltd?

Rural Homes Ltd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rural Homes Ltd

Rural Homes Ltd, as a nonprofit organization, is dedicated to the mission of managing and developing affordable housing projects. This mission is geared towards catering to the needs of individuals and families with lower and moderate income levels. By administering and overseeing these housing projects, Rural Homes Ltd plays a significant role in ensuring that affordable housing options are available, contributing to the betterment of the community as a whole. The organization's focus on affordable housing is a testament to its commitment to making living spaces more accessible and affordable for those who might otherwise struggle with high housing costs.

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Impact




October, 2024

Rural Homes Ltd plays a crucial role in addressing the housing needs of low and moderate-income individuals and families in Plainfield, CT. By managing and developing affordable housing projects, the organization directly contributes to the improvement of community well-being and stability. Through its initiatives, Rural Homes ensures that more residents have access to safe, decent, and affordable living conditions, which in turn fosters a sense of belonging and community engagement.

The impact of Rural Homes extends beyond just housing; it promotes economic stability by providing affordable options that allow families to allocate their resources towards other essential needs, such as education and healthcare. By creating and administering these housing projects, Rural Homes helps to reduce homelessness and housing insecurity, contributing to a more equitable society.

Furthermore, the organization's efforts in overseeing housing projects ensure that they are well maintained and meet the standards required for a healthy living environment, which is vital for residents’ quality of life. In summary, Rural Homes Ltd significantly enhances the social fabric of Plainfield by championing affordable housing solutions that empower residents and strengthen the community as a whole.




This information is meant to be a general summary of Rural Homes Ltd. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$39,483 (2022)
Expenses
$33,402 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $39,483
  • Gross Receipts: $39,483

Assets and Liabilities:

  • Total Assets: $1,434,975
  • Total Liabilities: $0
  • Net Assets: $1,434,975

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LAND LEASE FEES

Revenue

$39,483

Organization Details

Founding Year

1979

Principal Officer

Barbara Mcgrath

Main Address

21 BABCOCK AVENUE, PLAINFIELD, CT, 06374

NTEE Category

Code: L20 - Housing

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