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Rural Development Inc

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

EIN: 223139262 ✦ Turners falls, MA ✦ Designated as a 501(c)(3)

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Overview

What is Rural Development Inc?

Rural Development Inc, situated in Turners Falls, Massachusetts, is a nonprofit organization dedicated to providing affordable housing opportunities. The organization, based at 241 Millers Falls Road, serves the communities of Ashfield and Orange in Massachusetts. Their mission is multifaceted, aiming to ensure the right of all individuals in Franklin County and the North Quabbin region to inhabit environmentally responsible, energy-efficient, and affordable housing. In addition, Rural Development Inc strives to foster economic independence and promote environmental awareness, operating in a manner that respects the rural character of the region. The organization currently offers 25 units of affordable housing to low to moderate-income individuals.


Official website here: www.ruraldevelopmentinc.org

Is Rural Development Inc legitimate?

Rural Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Development 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: $0

For more financial information, click here


Official website here: www.ruraldevelopmentinc.org

What is the mission statement of Rural Development Inc?

Rural Development Inc, as per its mission, aims to uphold the right of individuals in Franklin County and the North Quabbin region to inhabit environmentally responsible, energy-efficient, and affordable housing. The organization strives to promote environmental consciousness and operates in a manner that respects the rural character of the region. Furthermore, Rural Development Inc is committed to enhancing economic independence for all people in its area of influence.


Official website here: www.ruraldevelopmentinc.org

Who is the CEO of Rural Development Inc?

Gina Govoni is the President of Rural Development Inc.


Official website here: www.ruraldevelopmentinc.org

What is the revenue of Rural Development Inc?

Rural Development Inc's revenue in 2022 was $420,362.


Official website here: www.ruraldevelopmentinc.org

Who are the executives of Rural Development Inc and what are their salaries?

There 9 volunteers at Rural Development Inc.


Here are 11 key members and their salaries:


Linda Dunlavy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Sikes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clare Higgins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Curtis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Levi Roman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Breitbart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaundell Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Cottrell (Director (Until 11/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Govoni (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ruraldevelopmentinc.org

Where can I find the form 990 for Rural Development Inc?

Rural Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ruraldevelopmentinc.org

Learn more at the official website: www.ruraldevelopmentinc.org

Mission Statement of Rural Development Inc

Rural Development Inc, or RDI, is dedicated to promoting the right of individuals in Franklin County and the North Quabbin region to live in environmentally responsible, energy-efficient, and affordable housing. The organization strives to advance economic independence while fostering environmental awareness. RDI operates with a respect for the rural character of the region, aiming to do so in a manner that is mindful of its natural surroundings. In essence, RDI's mission is to empower people by providing them with sustainable housing options and fostering an awareness of environmental responsibilities.

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Impact




October, 2024

Rural Development Inc (RDI) significantly enhances the quality of life in Franklin County and the North Quabbin region by providing access to affordable, environmentally responsible housing. With a focus on low to moderate-income individuals, RDI offers twenty-five units of affordable housing in Ashfield and Orange, Massachusetts. This initiative not only addresses housing needs but also fosters economic independence by ensuring that residents have safe and energy-efficient living environments.

Moreover, RDI promotes environmental awareness, aligning its operations with the rural character of the region. By prioritizing both sustainability and affordability, RDI empowers individuals and families with the means to improve their living conditions while respecting the local ecosystem. The organization’s efforts contribute to a healthier community, where residents can thrive economically and socially in a supportive and respectful environment.




This information is meant to be a general summary of Rural Development 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
$420,362 (2022)
Expenses
$798,795 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $62
  • Program Service Revenue: $379,542
  • Gross Receipts: $420,362

Assets and Liabilities:

  • Total Assets: $13,267,936
  • Total Liabilities: $12,442,872
  • Net Assets: $825,064

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Programs

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

RENTAL INCOME

Revenue

$332,743

INTEREST INCOME ON NOT

Revenue

$46,799

Organization Details

Founding Year

1991

Principal Officer

Gina Govoni

Main Address

241 MILLERS FALLS ROAD, TURNERS FALLS, MA, 01376

NTEE Category

Code: L20Z - Housing

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