Community Reinvestment Foundation Xiv Inc

Providence Place Of Bloomington Ii

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

EIN: 204067007 ✦ Plainfield, IN ✦ Designated as a 501(c)(3)

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Overview

What is Community Reinvestment Foundation Xiv Inc?

Community Reinvestment Foundation Xiv Inc, based in Plainfield, Indiana, is a dedicated nonprofit organization. Its primary mission is to provide affordable housing for low-income individuals, specifically focusing on senior citizens. They achieve this by owning and managing a 24-unit apartment community located in Bloomington, Indiana. The rental rates at this community are regulated by the U.S. Department of Housing and Urban Development. By offering subsidized housing, this foundation contributes significantly to the well-being and comfort of its community members.


Official website here: www.crf.net

Is Community Reinvestment Foundation Xiv Inc legitimate?

Community Reinvestment Foundation Xiv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Reinvestment Foundation Xiv 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,048

For more financial information, click here


Official website here: www.crf.net

What is the mission statement of Community Reinvestment Foundation Xiv Inc?

Community Reinvestment Foundation Xiv Inc's mission is centered around providing affordable housing for individuals with low income. In pursuit of this goal, the foundation owns and manages a 24-unit apartment community. This housing is specifically designed for senior citizens, demonstrating their commitment to catering to the needs of this particular segment of the low-income population. The rents charged in this community are subsidized and regulated by the U.S. Department of Housing and Urban Development, ensuring that the service remains accessible to those who need it most.


Official website here: www.crf.net

Who is the CEO of Community Reinvestment Foundation Xiv Inc?

David Cooper is the Director of Community Reinvestment Foundation Xiv Inc.


Official website here: www.crf.net

What is the revenue of Community Reinvestment Foundation Xiv Inc?

Community Reinvestment Foundation Xiv Inc's revenue in 2023 was $184,250.


Official website here: www.crf.net

Who are the executives of Community Reinvestment Foundation Xiv Inc and what are their salaries?


Here are 5 key members and their salaries:


Adam Bocik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cooper (President)
  • Compensation: $0
  • Related: $299,012
  • Other: $10,103
Tim Paino (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Shrout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Tibbets (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.crf.net

Where can I find the form 990 for Community Reinvestment Foundation Xiv Inc?

Community Reinvestment Foundation Xiv Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.crf.net

Learn more at the official website: www.crf.net

Mission Statement of Community Reinvestment Foundation Xiv Inc

Community Reinvestment Foundation XIV, Inc., a nonprofit organization, is committed to providing affordable housing for low-income individuals, with a particular focus on senior citizens. Their mission is to ensure that housing remains accessible and affordable for those in need, thus contributing to a more inclusive and equitable community. By owning and managing a 24-unit apartment community, this organization is able to offer subsidized rents, regulated by the U.S. Department of Housing and Urban Development. This dedication to affordable housing allows low-income seniors to maintain a stable living situation, providing them with a sense of security and independence.

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Impact




October, 2024

Community Reinvestment Foundation Xiv Inc significantly enhances the quality of life for low-income seniors by providing affordable housing opportunities. Located in Bloomington, Indiana, it owns and operates a 24-unit apartment community where residents can access safe and stable living accommodations. The foundation's commitment to affordability is reflected in its subsidized rent structure, regulated by the U.S. Department of Housing and Urban Development. This ensures that seniors can live independently without being burdened by excessive housing costs, allowing them to allocate their limited resources toward other essential needs. Through its efforts, the foundation plays a crucial role in fostering a supportive community for vulnerable populations, ultimately contributing to their well-being and dignity.




This information is meant to be a general summary of Community Reinvestment Foundation Xiv 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.

Revenue
$184,250 (2023)
Expenses
$251,516 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15
  • Program Service Revenue: $184,235
  • Gross Receipts: $184,250

Assets and Liabilities:

  • Total Assets: $1,430,552
  • Total Liabilities: $31,634
  • Net Assets: $1,398,918

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Programs

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

LOW INCOME RENTS

Revenue

$182,100

LAUNDRY AND VENDING

Revenue

$1,279

OTHER TENANT CHARGES

Revenue

$466

MISCELLANEOUS

Revenue

$390

Organization Details

Founding Year

2005

Principal Officer

David Cooper

Main Address

2489 PERRY CROSSING WAY 260, PLAINFIELD, IN, 46168

NTEE Category

Code: L22 - Housing

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