Overview
What is Golden Ridge Housing Inc?
Golden Ridge Housing Inc is a nonprofit organization situated in Coventry, Rhode Island. Their primary focus is the ownership and operation of 34 apartments specifically designed for low-income elderly individuals. This initiative falls under Section 202 of the National Housing Act, which is dedicated to providing housing solutions for elderly residents. The organization's mission is to offer suitable living arrangements that cater to the needs of this demographic, ensuring they maintain a comfortable and secure living environment.
Is Golden Ridge Housing Inc legitimate?
Golden Ridge Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Ridge Housing 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.
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What is the mission statement of Golden Ridge Housing Inc?
Golden Ridge Housing Inc's mission is centered around providing housing solutions. Specifically, they focus on the operation of elderly housing units, adhering to Section 202 of the National Housing Act. Their primary objective is to provide accommodations for low-income elderly individuals, managing a total of 34 apartments. By doing so, they contribute to providing a safe and suitable living environment for this specific demographic.
Who is the CEO of Golden Ridge Housing Inc?
Robert Eldred is the Chairman of Golden Ridge Housing Inc.
What is the revenue of Golden Ridge Housing Inc?
Golden Ridge Housing Inc's revenue in 2022 was $223,957.
Who are the executives of Golden Ridge Housing Inc and what are their salaries?
There 6 volunteers at Golden Ridge Housing Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Golden Ridge Housing Inc?
Golden Ridge Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Golden Ridge Housing Inc
Golden Ridge Housing Inc, as its mission statement suggests, is committed to the ownership and operation of housing facilities for elderly individuals with low income. Under the provisions of Section 202 of the National Housing Act, this nonprofit organization manages 34 apartments specifically designed for this demographic. By providing these residences, Golden Ridge Housing Inc aims to contribute to the well-being and comfort of elderly individuals who may otherwise face housing challenges due to their financial circumstances. This mission is a testament to the organization's dedication to supporting vulnerable sections of society and ensuring they have access to safe and affordable housing.
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Impact
October, 2024
Golden Ridge Housing Inc plays a vital role in the community by providing affordable housing specifically designed for low-income elderly individuals. With the ownership and operation of 34 apartments in Coventry, RI, the organization ensures that senior citizens have a safe and secure place to live, promoting their well-being and independence. This initiative not only supports residents in accessing quality housing but also fosters a sense of community among the elderly population, enhancing their quality of life. By addressing the housing needs of low-income seniors, Golden Ridge Housing Inc significantly contributes to improving their overall living conditions and helps to alleviate some of the challenges associated with aging.
This information is meant to be a general summary of Golden Ridge Housing 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: $48
- Program Service Revenue: $220,394
- Gross Receipts: $223,957
Assets and Liabilities:
- Total Assets: $3,733,924
- Total Liabilities: $32,662
- Net Assets: $3,701,262
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$128,390
RENTAL SUBSIDIES
Revenue
$92,004
Organization Details
Founding Year
2009
Phone
(401) 828-4367Principal Officer
Robert Eldred
Main Address
14 MANCHESTER CIRCLE, COVENTRY, RI, 02816
NTEE Category
Code: L22 - Housing
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