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Rccc Villa

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

EIN: 202799032 ✦ Ruthven, IA ✦ Designated as a 501(c)(3)

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Overview

What is Rccc Villa?

Rccc Villa is a nonprofit organization situated in Ruthven, Iowa, primarily dedicated to supporting elderly citizens. Their mission revolves around providing affordable housing for this demographic, making them a significant resource within the senior citizen housing and retirement communities sector. The nonprofit organization, RCCC Villa, prides itself on offering a cost-effective living solution for the elderly, thereby ensuring they have access to suitable accommodations without facing financial hardships.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Star Rating

Rccc Villa has received a low rating of 58%, indicating areas of concern in its financial accountability and transparency. The organization has a solid score in governance, with a fully independent board and no material diversion of assets, which demonstrates strong ethical oversight. However, its overall performance reflects significant issues, particularly in financial health, as indicated by a high liabilities to assets ratio.

The charity excels in program expense ratio, allocating 74.18% of its budget directly to its programs, which is a positive indicator of its commitment to its mission. Yet, the absence of critical governance policies, such as a conflict of interest policy and a whistleblower policy, raises questions about its operational practices. Additionally, missing documentation on its website further detracts from its transparency.

Overall, while Rccc Villa shows strengths in board independence and program funding, its financial health and governance practices require improvement. Stakeholders may want to consider these factors when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Rccc Villa legitimate?

Rccc Villa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rccc Villa 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: $12,480

For more financial information, click here

What is the mission statement of Rccc Villa?

RCCC Villa's mission is centered around providing affordable housing for the elderly. This non-profit organization specializes in senior citizen housing and retirement communities, offering a primary program that caters to the affordable accommodation needs of the elderly population. The main objective of RCCC Villa is to ensure that elderly citizens have access to low-cost housing, thereby enhancing their living standards.

Who is the CEO of Rccc Villa?

Dennis King is the President of Rccc Villa.

What is the revenue of Rccc Villa?

Rccc Villa's revenue in 2022 was $54,453.

Who are the executives of Rccc Villa and what are their salaries?


Here are 7 key members and their salaries:


Pete Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Langner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace White (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis King (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Neighbors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rccc Villa?

Rccc Villa's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rccc Villa

Rccc Villa, a nonprofit organization, is dedicated to providing an essential service for the elderly population. Its mission is centered around offering affordable housing, serving as a sanctuary for senior citizens in need. The organization specializes in senior citizen housing and retirement communities, providing a comfortable living environment for its residents. At the heart of its operations is the provision of low-cost housing, ensuring that elderly individuals can maintain their independence and dignity without the financial burden of exorbitant housing costs. By offering this service, Rccc Villa contributes significantly to the well-being and quality of life for elderly citizens, allowing them to age gracefully with the support they need.

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Impact




August, 2024

RCCC Villa's impact lies in providing low-cost housing to elderly citizens in Ruthven, IA. By offering affordable accommodation, RCCC Villa supports senior citizens to live comfortably in retirement. This initiative addresses the crucial need for accessible housing for the elderly, contributing to their well-being and quality of life.




This information is meant to be a general summary of Rccc Villa. 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
$54,453 (2022)
Expenses
$141,077 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Program Service Revenue: $44,735
  • Gross Receipts: $54,453

Assets and Liabilities:

  • Total Assets: $1,102,576
  • Total Liabilities: $1,846,169
  • Net Assets: -$743,593

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Programs

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

Rent Revenue

Revenue

$44,735

Organization Details

Founding Year

2005

Principal Officer

Dennis King

Main Address

2701 E Mitchell St, Ruthven, IA, 51358

NTEE Category

Code: L22 - Housing

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