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Race Housing Corporation

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

EIN: 260393656 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Race Housing Corporation?

Race Housing Corporation is a nonprofit organization based in Cincinnati, Ohio. Their primary focus is to provide residential services, skill development, support services, and mental health services to children and adults with developmental disabilities. To achieve this, they engage in various activities, such as buying, owning, selling, or leasing real estate and personal property, constructing and maintaining improvements, borrowing money, and securing debts. Their mission is guided by the Housing Act of 1959 and the National Affordable Housing Act. Upon dissolution, their assets are intended to be conveyed or distributed to other nonprofit organizations with similar missions, except those created for religious purposes.


Official website here: www.rhcorp.org

Is Race Housing Corporation legitimate?

Race Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Race Housing Corporation 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: $525

For more financial information, click here


Official website here: www.rhcorp.org

What is the mission statement of Race Housing Corporation?

The Race Housing Corporation's mission is centered around providing a range of services to individuals with developmental disabilities. This includes residential accommodations, skill development programs, support services, and mental health care. The corporation's objectives extend to the acquisition and management of real estate and personal property, borrowing funds, and executing agreements with necessary authorities, all in line with the provisions of the Housing Act of 1959 and the National Affordable Housing Act. In the event of dissolution, the corporation's assets are to be distributed to non-profit organizations with similar objectives, excluding those with religious purposes.


Official website here: www.rhcorp.org

Who is the CEO of Race Housing Corporation?

James Steffey is the Chair of Race Housing Corporation. The CEO's salary of Race Housing Corporation is $0 and their total compensation is $139,879.


Official website here: www.rhcorp.org

What is the revenue of Race Housing Corporation?

Race Housing Corporation's revenue in 2022 was $24,826.


Official website here: www.rhcorp.org

Who are the executives of Race Housing Corporation and what are their salaries?


Here are 12 key members and their salaries (Race Housing Corporation's CEO's salary is $0 and their total compensation is $139,879):


Peter Keiser (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Pahner (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bohn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Moorman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Auberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryneka Friemoth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Hemsink (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Nekolny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Winters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Zitelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Steffey (Ceo)
  • Compensation: $0
  • Related: $137,807
  • Other: $2,072
Barry Chambers (Cfo)
  • Compensation: $0
  • Related: $93,978
  • Other: $1,409


Official website here: www.rhcorp.org

Where can I find the form 990 for Race Housing Corporation?

Race Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rhcorp.org

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

Mission Statement of Race Housing Corporation

Race Housing Corporation, a non-profit organization, is dedicated to providing residential services, skill development, support services, and mental health care to children and adults with developmental disabilities. The corporation's mission is multifaceted, aiming to cater to the unique needs of this population.

In pursuit of its mission, Race Housing Corporation engages in various activities. It acquires and manages real estate and personal property, constructing and maintaining necessary improvements to accommodate individuals with developmental disabilities. The organization also borrows funds and issues debt instruments to support its operations. Moreover, it carries out all reasonable actions required to accomplish its purpose, which may include entering into regulatory agreements with the Secretary of Housing and Urban Development.

The corporation's primary goal is to provide a supportive environment for individuals with developmental disabilities, helping them develop essential skills and offering necessary mental health services. In the event of its dissolution, the corporation's assets will be transferred to other non-profit organizations with similar purposes, excluding those established for religious reasons. This ensures that the corporation's mission continues to serve the community even beyond its existence.

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Impact




August, 2024

Race Housing Corporation's impact is significant in providing essential residential services, skill development, support services, and mental health services to children and adults with developmental disabilities in Cincinnati, Ohio. By offering these crucial services, Race Housing Corporation plays a key role in enhancing the quality of life and independence of individuals with developmental disabilities within the community. Furthermore, through its mission to provide specialized care and support, Race Housing Corporation contributes to creating a more inclusive and supportive environment for individuals with developmental disabilities to thrive.




This information is meant to be a general summary of Race Housing Corporation. 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
$24,826 (2022)
Expenses
$38,210 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Program Service Revenue: $24,816
  • Gross Receipts: $24,826

Assets and Liabilities:

  • Total Assets: $424,667
  • Total Liabilities: $139,659
  • Net Assets: $285,008

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Programs

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

RENTAL INCOME

Revenue

$24,816

Organization Details

Founding Year

2007

Principal Officer

James Steffey

Main Address

3030 WEST FORK ROAD, CINCINNATI, OH, 452111944

NTEE Category

Code: L20 - Housing

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