Overview
What is Rainbow Village Apts Inc?
Rainbow Village Apts Inc is a nonprofit organization situated in Springfield, Oregon, primarily focused on providing low-income housing under Section 236 of the National Housing Act. Overseeing its operations are the regulations set by the U.S. Department of Housing and Urban Development (HUD). The complex consists of 80 residential units, serving as a vital resource for individuals with limited financial means. This initiative is a collaboration between local Presbyterian churches, demonstrating their commitment to community service and social welfare.
Is Rainbow Village Apts Inc legitimate?
Rainbow Village Apts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Village Apts 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.
Here 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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Mission Statement of Rainbow Village Apts Inc
Rainbow Village Apts Inc, a non-profit entity, is driven by a mission to provide low-income housing. This mission is carried out by a collaboration of local Presbyterian churches, demonstrating their commitment to social welfare. The complex operates under Section 236 of the National Housing Act, adhering to the regulations set by the Department of Housing and Urban Development (HUD). With 80 units at its disposal, Rainbow Village Apts Inc plays a crucial role in offering affordable housing solutions for those in need. The corporation's mission is to contribute to a more equitable living environment, ensuring that individuals and families who may not have the means to secure housing can find a home within the Rainbow Village Apts Inc community.
Impact
This information is meant to be a general summary of Rainbow Village Apts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Rainbow Village Apts Inc's impact is centered around providing low-income housing through an apartment complex managed by local Presbyterian churches. Their mission is to offer affordable housing opportunities to those in need, operating under the guidelines of HUD and the National Housing Act. With 80 units in Springfield, Oregon, this organization plays a crucial role in addressing housing insecurity and supporting individuals and families facing financial challenges.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$479,780
LAUNDRY AND VENDING INCOME
Revenue
$9,782
TENANT CHARGES
Revenue
$1,888
Organization Details
Founding Year
1976
Phone
(541) 344-6444
Principal Officer
Jerry Kalina
Main Address
1250 RAINBOW DRIVE, SPRINGFIELD, OR, 97477
NTEE Category
Code: L21 - Housing
If you are a representative of Rainbow Village Apts Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.