Overview
What is Rainbow Realty Development Corporation?
Rainbow Realty Development Corporation is a nonprofit organization primarily established with the aim of acquiring and managing property for the benefit of the Genesee-Livingston-Orleans-Wyoming Counties Chapter of NYSARC, Inc. Based in Batavia, New York, this organization plays a crucial role in supporting the chapter by providing them with property resources. The corporation's main objective is to contribute to their mission, although the specific activities and initiatives undertaken by the chapter are not detailed in the provided information.
Is Rainbow Realty Development Corporation legitimate?
Rainbow Realty Development Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Rainbow Realty Development Corporation 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
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What is the mission statement of Rainbow Realty Development Corporation?
Rainbow Realty Development Corporation's primary mission is to acquire and hold property, serving the benefit of the Genesee-Livingston-Orleans-Wyoming Counties Chapter of NYSARC, Inc. The corporation's express purpose is to support this chapter's activities and needs by providing it with necessary property resources. While the specific details of the property acquisitions and their utilization remain unspecified, it is clear that Rainbow Realty Development Corporation plays a crucial role in facilitating the chapter's operations and initiatives.
Who is the CEO of Rainbow Realty Development Corporation?
Martin Miskell is the CEO of Rainbow Realty Development Corporation The CEO's salary of Rainbow Realty Development Corporation is $0 and their total compensation is $275,417.
What is the revenue of Rainbow Realty Development Corporation?
Rainbow Realty Development Corporation's revenue in 2023 was $29,737.
Who are the executives of Rainbow Realty Development Corporation and what are their salaries?
There 7 volunteers at Rainbow Realty Development Corporation.
Here are 9 key members and their salaries (Rainbow Realty Development Corporation's CEO's salary is $0 and their total compensation is $275,417):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $260,000
- Other: $15,417
- Compensation: $0
- Related: $178,000
- Other: $8,900
Where can I find the form 990 for Rainbow Realty Development Corporation?
Rainbow Realty Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rainbow Realty Development Corporation
Rainbow Realty Development Corporation's mission is centered around the acquisition and maintenance of property. This organization serves the Genesee-Livingston-Orleans-Wyoming Counties Chapter of NYSARC, Inc., a nonprofit organization. The primary purpose of Rainbow Realty is to hold onto this property for the benefit of the aforementioned chapter. By acquiring and managing property, Rainbow Realty Development Corporation contributes to the overall mission of NYSARC, Inc., which aims to empower individuals with intellectual and developmental disabilities and their families. By providing property, Rainbow Realty enables NYSARC, Inc. to carry out its activities more effectively.
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Impact
October, 2024
Rainbow Realty Development Corporation focuses on acquiring and holding property to support the Genesee-Livingston-Orleans-Wyoming Counties Chapter of NYSARC, Inc. By securing and maintaining real estate, the organization aims to enhance the resources available for individuals with disabilities within these counties. This strategic approach not only facilitates the development of necessary facilities and services but also contributes to the broader goal of community improvement. The corporation’s efforts play a significant role in creating opportunities for better support and inclusion, ultimately fostering a more accessible environment for those it serves.
This information is meant to be a general summary of Rainbow Realty Development Corporation. 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 2023.
- Program Service Revenue: $28,002
- Gross Receipts: $29,737
Assets and Liabilities:
- Total Assets: $262,109
- Total Liabilities: $227,817
- Net Assets: $34,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM AFFILIATE
Revenue
$28,002
Organization Details
Founding Year
1986
Principal Officer
Martin Miskell
NTEE Category
Code: S47 - Community improvement
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