Overview
What is R3Sm Inc?
R3Sm Inc, established in 2008 as a 501(c)(3) nonprofit corporation, is based in Hattiesburg, Mississippi. Its primary mission is to support the most vulnerable individuals in the Mississippi Pine Belt, who are affected by natural disasters, substandard housing, economic crisis, and chronic poverty. By rebuilding homes, communities, and lives, R3Sm Inc aims to restore financial stability, dignity, and hope for these individuals. With a team of four dedicated employees, the organization strives to help this community overcome adversity and regain a sense of normalcy.
Official website here: www.r3sm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
R3Sm Inc has achieved an impressive score of 92% on Charity Navigator, indicating a strong level of accountability and financial health. The charity's high score in Accountability & Finance at 92 reflects its solid financial practices and transparency, with a noteworthy program expense ratio of 81.92%, suggesting that a significant portion of its funds is directed towards its programs.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, which enhances its governance. Additionally, the charity has effective financial oversight mechanisms in place, evidenced by high marks in areas like audit and conflict of interest policies. However, the absence of a whistleblower policy is noted as a limitation that could be addressed to further strengthen its governance framework.
Overall, R3Sm Inc demonstrates a commitment to operational excellence and effective resource management, making it a reliable option for potential donors. Its strong performance across various metrics reflects positively on its mission and impact within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is R3Sm Inc legitimate?
R3Sm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. R3Sm 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:
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Other Salaries and Wages: $105,148
For more financial information, click here
Official website here: www.r3sm.org
What is the mission statement of R3Sm Inc?
R3Sm Inc, a non-profit organization established in 2008, is dedicated to assisting the most vulnerable individuals in the Mississippi Pine Belt region. The organization's mission is to aid in their recovery from natural disasters, substandard housing, economic crises, and the toxic effects of chronic poverty. It aims to rebuild their homes, communities, and lives, ultimately restoring financial stability, dignity, and hope to these individuals.
Official website here: www.r3sm.org
Who is the CEO of R3Sm Inc?
Danyella Terrell Berry is the Board Presid of R3Sm Inc.
Official website here: www.r3sm.org
What is the revenue of R3Sm Inc?
R3Sm Inc's revenue in 2021 was $566,847.
Official website here: www.r3sm.org
Who are the executives of R3Sm Inc and what are their salaries?
The average compensation at R3Sm Inc during 2021 was $26,287. There are 4 employees and 150 volunteers at R3Sm Inc.
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Official website here: www.r3sm.org
Where can I find the form 990 for R3Sm Inc?
R3Sm Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.r3sm.org
Learn more at the official website: www.r3sm.org
Mission Statement of R3Sm Inc
R3Sm Inc, a non-profit 501(C)(3) corporation established in 2008, is committed to assisting the most vulnerable individuals in the Mississippi Pine Belt region. Their mission is to aid these individuals in recovering from the impact of natural disasters, substandard housing, economic crises, and the toxic effects of chronic poverty. R3Sm Inc aims to rebuild not only their homes but also their communities and lives, ultimately restoring financial stability, dignity, and hope. The organization seeks to empower these individuals, enabling them to rebuild their lives and overcome the challenges they face.
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Impact
July, 2024
R3Sm Inc's impact is centered around helping the most vulnerable residents of the Mississippi Pine Belt region recover from natural disasters, substandard housing, economic crises, and chronic poverty. By focusing on rebuilding homes, communities, and lives, this organization plays a crucial role in restoring financial stability, dignity, and hope to those in need. Through their efforts, R3Sm Inc contributes significantly to improving public safety and enhancing the overall well-being of individuals and families in the area.
This information is meant to be a general summary of R3Sm 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 2021.
- Program Service Revenue: $103,001
- Gross Receipts: $566,847
Assets and Liabilities:
- Total Assets: $1,052,769
- Total Liabilities: $5,040
- Net Assets: $1,047,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PPP LOAN FORGIVENESS
Revenue
$58,750
RENTAL INCOME
Revenue
$22,255
SPECIAL EVENTS
Revenue
$16,329
OTHER INCOME
Revenue
$5,276
ADMIN FEES
Revenue
$391
Organization Details
Phone
(601) 544-5115Principal Officer
Danyella Terrell Berry
Main Address
PO BOX 1506, HATTIESBURG, MS, 39403
Website
www.r3sm.orgNTEE Category
Code: M20 - Public safety
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