Overview
What is Community Reinvestment Foundation Xv Inc?
Community Reinvestment Foundation Xv Inc, located in PLAINFIELD, INDIANA, is a nonprofit organization committed to providing affordable housing for low-income seniors. Specifically, they own and manage a 21-unit apartment community in Marion, Indiana. The rental rates for these residents are regulated by the U.S. Department of Housing and Urban Development, ensuring affordability for this demographic. Their mission revolves around enhancing the living conditions of elderly individuals with limited income.
Official website here: www.crf.net
Is Community Reinvestment Foundation Xv Inc legitimate?
Community Reinvestment Foundation Xv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Reinvestment Foundation Xv 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: $33,950
For more financial information, click here
Official website here: www.crf.net
What is the mission statement of Community Reinvestment Foundation Xv Inc?
Community Reinvestment Foundation Xv Inc is committed to providing affordable housing for a specific demographic. This organization operates a 21-unit apartment community, catering to low-income elderly individuals. The mission of the foundation is to ensure that housing is within reach for this vulnerable population, with rents regulated by the U.S. Department of Housing and Urban Development to maintain affordability. By providing such housing, the foundation aims to contribute positively to the lives of low-income elderly persons, enhancing their living conditions and promoting a sense of community.
Official website here: www.crf.net
Who is the CEO of Community Reinvestment Foundation Xv Inc?
David Cooper is the President of Community Reinvestment Foundation Xv Inc.
Official website here: www.crf.net
What is the revenue of Community Reinvestment Foundation Xv Inc?
Community Reinvestment Foundation Xv Inc's revenue in 2023 was $160,896.
Official website here: www.crf.net
Who are the executives of Community Reinvestment Foundation Xv Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $299,012
- Other: $10,103
- 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.crf.net
Where can I find the form 990 for Community Reinvestment Foundation Xv Inc?
Community Reinvestment Foundation Xv 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 Xv Inc
Community Reinvestment Foundation XV Inc is dedicated to providing affordable housing for low-income elderly individuals. This nonprofit organization achieves its mission by owning and operating a 21-unit apartment community. The rents charged in this community are subsidized and regulated by the U.S. Department of Housing and Urban Development, ensuring that the elderly residents can afford to live there comfortably. By offering affordable housing, Community Reinvestment Foundation XV Inc is able to contribute to the well-being of its elderly population, providing them with a secure and comfortable living environment.
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Impact
October, 2024
Community Reinvestment Foundation Xv Inc plays a crucial role in addressing housing needs for low-income seniors by providing affordable housing options. The organization owns and operates a 21-unit apartment community in Marion, Indiana, specifically designed to meet the needs of elderly residents.
By offering subsidized rents regulated by the U.S. Department of Housing and Urban Development, the foundation reduces the financial burden on low-income seniors, allowing them to secure stable and safe living conditions. This approach not only enhances the quality of life for its residents but also fosters a sense of community among them. The foundation's efforts contribute to improving housing security, promoting independence, and ensuring that seniors have access to affordable living, which is vital for their well-being.
This information is meant to be a general summary of Community Reinvestment Foundation Xv 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 2023.
- Investment Income: $9
- Program Service Revenue: $160,887
- Gross Receipts: $160,896
Assets and Liabilities:
- Total Assets: $1,122,036
- Total Liabilities: $122,088
- Net Assets: $999,948
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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
$158,460
LAUNDRY AND VENDING
Revenue
$1,380
TENANT CHARGES
Revenue
$1,047
Organization Details
Founding Year
2005
Phone
(317) 554-2100Principal Officer
David Cooper
Main Address
2498 PERRY CROSSING WAY 260, PLAINFIELD, IN, 46168
Website
www.crf.netNTEE Category
Code: L22 - Housing
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