Overview
What is Rockland Housing Action Coalition Inc?
Rockland Housing Action Coalition Inc (RHAC) is a nonprofit organization situated in New City, New York, specifically at 475 ROUTE 304. The primary mission of RHAC is to enhance the availability of affordable housing for low-income families and individuals in Rockland County, as per HUD's definition. To achieve this, RHAC has successfully obtained funding from various sources, such as the New York State Division of Housing and Community Renewal, to implement initiatives like the Covid-19 rental assistance program, which assists up to 42 households and has been extended through grant applications. In 2019, RHAC acquired two tax credit properties, Spring Valley Site III and Spring Valley Site IV, offering 53 apartments for active adults and 55 apartments for low-income households, respectively. Additionally, RHAC has developed Valley Spring Apartments, a project consisting of 50 affordable rental units in the Village of Spring Valley. RHAC has also partnered with other organizations to construct more affordable housing units and has been awarded funding to construct 33 units of rental housing in the Village of Nyack, with nine units reserved for individuals with disabilities. RHAC manages several affordable housing developments in Rockland and Orange Counties, totaling 410 apartments. Moreover, RHAC offers various counseling services, including budget, credit, mortgage, homeownership, and foreclosure prevention, to approximately 550 individuals annually, with services available in Spanish, Creole, and English. The organization is also actively seeking new sites to develop affordable housing for residents of the lower Hudson Valley.
Official website here: www.rhachomes.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Rockland Housing Action Coalition Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored exceptionally well on the accountability and finance beacon, reflecting its commitment to transparency and responsible financial management. The evaluation for FY2023 shows that the charity's operations are guided by a majority independent board, ensuring effective governance.
The organization's financial practices are commendable, as demonstrated by its 89.99% program expense ratio, which indicates that the vast majority of its funds go directly to program services. Additionally, the absence of any material diversion of assets and the presence of robust policies related to conflict of interest and whistleblower protections further strengthen its credibility.
Overall, the Rockland Housing Action Coalition Inc demonstrates strong organizational strengths, particularly in governance and financial management. However, the summary does not indicate any specific limitations or areas for improvement, suggesting that the organization is operating effectively within its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Rockland Housing Action Coalition Inc legitimate?
Rockland Housing Action Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockland Housing Action Coalition Inc 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: $285,213
Professional Fundraising Fees: $0
Other Salaries and Wages: $512,548
For more financial information, click here
Official website here: www.rhachomes.org
What is the mission statement of Rockland Housing Action Coalition Inc?
Rockland Housing Action Coalition Inc's mission is centered around increasing the availability of affordable housing for individuals with low and moderate incomes. The organization works tirelessly to develop and implement strategies to provide such housing, as demonstrated by their successful acquisition of several properties and partnerships with other organizations. Furthermore, Rockland Housing Action Coalition Inc offers various counseling services to support individuals in managing their finances, maintaining their homes, and navigating housing-related issues. They also actively seek out new sites to develop affordable housing in the lower Hudson Valley.
Official website here: www.rhachomes.org
Who is the CEO of Rockland Housing Action Coalition Inc?
Gerri Levy is the Executive Director of Rockland Housing Action Coalition Inc.
Official website here: www.rhachomes.org
What is the revenue of Rockland Housing Action Coalition Inc?
Rockland Housing Action Coalition Inc's revenue in 2022 was $1,188,967.
Official website here: www.rhachomes.org
Who are the executives of Rockland Housing Action Coalition Inc and what are their salaries?
The average compensation at Rockland Housing Action Coalition Inc during 2022 was $31,910. There are 25 employees and 13 volunteers at Rockland Housing Action Coalition Inc.
Here are 11 key members and their salaries:
- Compensation: $129,405
- Related: $0
- Other: $35,537
- Compensation: $101,103
- Related: $0
- Other: $0
- Compensation: $19,167
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhachomes.org
Where can I find the form 990 for Rockland Housing Action Coalition Inc?
Rockland Housing Action Coalition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rhachomes.org
Learn more at the official website: www.rhachomes.org
Mission Statement of Rockland Housing Action Coalition Inc
Rockland Housing Action Coalition Inc, a nonprofit organization, is dedicated to increasing the availability of affordable housing for low and moderate-income individuals in their community. Their primary mission is to develop and implement strategies that ensure a minimum of 62 affordable housing units for those in need. They have successfully secured funding from various sources, including the New York State Division of Housing and Community Renewal, to carry out their mission.
In addition to increasing the supply of affordable housing, Rockland Housing Action Coalition Inc also offers various counseling services to help individuals manage their budgets, credit, mortgages, and home maintenance. They provide these services in multiple languages, including Spanish, Creole, and English, to cater to a diverse population. Furthermore, the coalition is always on the lookout for new sites to develop affordable housing, demonstrating their commitment to addressing the housing needs of the lower Hudson Valley community.
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Impact
August, 2024
Rockland Housing Action Coalition Inc works tirelessly to increase the supply of affordable housing available to low and moderate-income individuals and families in Rockland County. Their impactful initiatives include the development of multiple affordable housing projects, securing funding for rental assistance programs, and partnering with organizations to create sustainable housing solutions. By managing various affordable housing developments and offering counseling services to hundreds of individuals annually, RHAC plays a crucial role in addressing the housing needs of the community. Their commitment to ensuring access to safe and affordable housing for vulnerable populations demonstrates a profound and positive impact on the local housing landscape.
This information is meant to be a general summary of Rockland Housing Action Coalition Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $48
- Program Service Revenue: $642,708
- Gross Receipts: $1,188,967
Assets and Liabilities:
- Total Assets: $2,152,682
- Total Liabilities: $768,100
- Net Assets: $1,384,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES & MISC.
Revenue
$604,376
PROJECT REVENUE
Revenue
$38,332
Organization Details
Founding Year
1987
Phone
(845) 708-5797Principal Officer
Gerri Levy
Main Address
475 ROUTE 304, NEW CITY, NY, 10956
Website
www.rhachomes.orgNTEE Category
Code: L20Z - Housing
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