Overview
What is Del Rio Rotary Housing Ii?
Del Rio Rotary Housing II is a nonprofit organization that provides subsidized housing for the elderly. Operating under the U.S. Department of Housing and Urban Development's Section 202 program, they manage 12 rental units to ensure affordable housing for seniors in need. Their mission is to support and accommodate this specific demographic, offering essential housing and related services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
Del Rio Rotary Housing II has received a Two-Star rating, indicating room for improvement, particularly in accountability and finance. The charity showcases several strengths, including a fully independent board with nine members and no material diversion of assets. Additionally, it has a high program expense ratio of 86.22%, reflecting a strong commitment to its mission-related activities.
However, the organization faces significant limitations in critical governance areas. It has not established essential policies such as a conflict of interest policy and a whistleblower policy, both of which are vital for transparent operations. Furthermore, the charity's website does not include key documents like its tax form, which hinders public access to important information. Overall, while Del Rio Rotary Housing II demonstrates strong programmatic focus, it requires improvements in governance and financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Del Rio Rotary Housing Ii legitimate?
Del Rio Rotary Housing Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Del Rio Rotary Housing Ii 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: $9,105
For more financial information, click here
What is the mission statement of Del Rio Rotary Housing Ii?
Del Rio Rotary Housing II is an organization that operates 12 rental units, facilitated by the U.S. Department of Housing and Urban Development's Section 202 program. Their primary mission is to support and provide affordable housing and necessary services to the elderly who are in need. This housing solution aims to enhance the living conditions of the elderly population, ensuring they can maintain an independent lifestyle with the necessary assistance. The organization's mission is centered around the belief that every senior deserves a comfortable and subsidized living space.
Who is the CEO of Del Rio Rotary Housing Ii?
Isidro Valdez is the President of Del Rio Rotary Housing Ii.
What is the revenue of Del Rio Rotary Housing Ii?
Del Rio Rotary Housing Ii's revenue in 2023 was $56,103.
Who are the executives of Del Rio Rotary Housing Ii and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Del Rio Rotary Housing Ii?
Del Rio Rotary Housing Ii's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Del Rio Rotary Housing Ii
Del Rio Rotary Housing II is committed to supporting and providing affordable housing for seniors in need. Operating under the U.S. Department of Housing and Urban Development's Section 202 program, this organization manages 12 rental units, offering more than just a place to live. Del Rio Rotary Housing II's mission is to cater to the elderly community, ensuring they have access to subsidized housing that addresses their unique needs. This nonprofit organization is dedicated to making a significant difference in the lives of seniors by offering them a secure and comfortable living environment.
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Impact
August, 2024
Del Rio Rotary Housing II's impact is evident in its provision of affordable housing and services to the elderly in the Del Rio area. By operating 12 rental units under the U.S. Department of Housing and Urban Development's Section 202 program, the organization plays a crucial role in supporting seniors in need of subsidized housing. This initiative not only meets a critical community need but also ensures that elderly individuals have access to safe and affordable housing options, ultimately enhancing their quality of life and well-being.
This information is meant to be a general summary of Del Rio Rotary Housing Ii. 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 2023.
- Investment Income: $900
- Program Service Revenue: $24,854
- Gross Receipts: $56,103
Assets and Liabilities:
- Total Assets: $643,530
- Total Liabilities: $853,887
- Net Assets: -$210,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent Revenues
Revenue
$24,854
Organization Details
Founding Year
2000
Phone
(830) 768-2295Principal Officer
Isidro Valdez
Main Address
PO BOX 4080 / 309 BEDELL AVENUE, DEL RIO, TX, 788404080
NTEE Category
Code: L22 - Housing
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