Overview
What is Retirement Homes Inc?
Retirement Homes Inc, located in Cuba, Missouri, is a small yet impactful nonprofit organization. Their primary focus is to provide and maintain 31 rental housing units, catering specifically to senior citizens and individuals with disabilities who fall under the low or moderate income bracket. The organization is dedicated to enhancing the living conditions of these individuals, ensuring they have access to safe and comfortable housing. With a modest workforce of one employee, Retirement Homes Inc plays a significant role in supporting the community's elderly and handicapped population.
Is Retirement Homes Inc legitimate?
Retirement Homes Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Retirement Homes 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: $12,395
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What is the mission statement of Retirement Homes Inc?
Retirement Homes Inc, as a organization, is dedicated to providing and maintaining rental housing units for senior citizens and individuals with disabilities who fall under the categories of low or moderate income. Their mission is to ensure these individuals have access to suitable living spaces, thereby contributing to their well-being and overall quality of life. The organization diligently works to maintain these 31 units to ensure they meet the necessary standards for their residents.
Who is the CEO of Retirement Homes Inc?
Linda Donahoe is the Member of Retirement Homes Inc.
What is the revenue of Retirement Homes Inc?
Retirement Homes Inc's revenue in 2022 was $128,246.
Who are the executives of Retirement Homes Inc and what are their salaries?
The average compensation at Retirement Homes Inc during 2022 was $12,395. There is 1 employee at Retirement Homes Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Retirement Homes Inc?
Retirement Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Retirement Homes Inc
Retirement Homes Inc, a nonprofit organization, is committed to providing and maintaining 31 rental housing units specifically designed for senior citizens and individuals with disabilities who fall under the category of low or moderate income. Their mission is to ensure these individuals have access to suitable living spaces, thereby contributing to their overall well-being. By offering these rental units, Retirement Homes Inc aims to address the housing needs of this particular demographic, offering them a secure and comfortable living environment.
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Impact
October, 2024
Retirement Homes Inc plays a crucial role in the community by providing and maintaining 31 rental housing units specifically designed for senior citizens and handicapped individuals with low or moderate income. This initiative addresses a significant need in Cuba, MO, ensuring that vulnerable populations have access to safe, affordable, and accommodating living conditions.
By focusing on those who are often marginalized in the housing market, Retirement Homes Inc not only enhances the quality of life for its residents but also fosters a sense of community among them. The presence of supportive housing helps alleviate the stress of financial burdens related to housing, enabling seniors and handicapped individuals to focus on other aspects of their wellbeing.
Furthermore, the organization contributes to the local economy by maintaining these properties and providing a stable living environment that encourages independence and dignity among its residents. In essence, Retirement Homes Inc's impact extends beyond mere housing; it promotes inclusivity, fosters community connections, and ultimately supports the overall health and happiness of its residents.
This information is meant to be a general summary of Retirement Homes 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 2022.
- Investment Income: $1,497
- Program Service Revenue: $126,749
- Gross Receipts: $128,246
Assets and Liabilities:
- Total Assets: $803,490
- Total Liabilities: $585,610
- Net Assets: $217,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$126,749
Organization Details
Founding Year
1965
Principal Officer
Linda Donahoe
Main Address
PO BOX 36, CUBA, MO, 65453
NTEE Category
Code: L22 - Housing
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