Overview
What is Robertson Hill Apartments Inc?
Robertson Hill Apartments Inc is a nonprofit organization situated in Raleigh, North Carolina. Their primary mission is to provide affordable housing and opportunities for successful living for individuals with disabilities. To accomplish this, they develop and manage rental communities, ensuring that individuals with disabilities have access to stable, affordable housing. Their work extends beyond just providing housing, as they aim to enhance the overall living experiences of their residents, thereby promoting their success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star Rating)
Robertson Hill Apartments Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 72%. This rating indicates moderate performance, particularly in the areas of accountability and finance. The organization showcases strong governance practices, with 100% of its board members being independent, and it adheres to best practices by having a conflict of interest policy and a whistleblower policy in place.
Strengths of Robertson Hill Apartments include a high program expense ratio of 78.97%, indicating that a significant portion of its funds is directed towards its programs. The organization also maintains thorough documentation of board meeting minutes, demonstrating transparency in its operations. However, it faces challenges with a liabilities to assets ratio of 133.34%, which could raise concerns about financial stability.
Overall, while Robertson Hill Apartments Inc excels in governance and program expenses, its financial health may require attention. The organization demonstrates commitment to accountability, but the high liabilities could impact its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Robertson Hill Apartments Inc legitimate?
Robertson Hill Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robertson Hill Apartments 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: $0
For more financial information, click here
What is the mission statement of Robertson Hill Apartments Inc?
Robertson Hill Apartments Inc's mission is centered around providing housing solutions for individuals with disabilities. They achieve this by developing and managing affordable rental communities. The organization's primary goal is to ensure stable housing for disabled individuals, thereby enhancing their opportunities for a successful living. Their mission is to make a significant impact in the lives of people with disabilities by offering affordable housing options.
Who is the CEO of Robertson Hill Apartments Inc?
Everett Mcelveen is the Chair of Robertson Hill Apartments Inc.
What is the revenue of Robertson Hill Apartments Inc?
Robertson Hill Apartments Inc's revenue in 2023 was $45,377.
Who are the executives of Robertson Hill Apartments Inc and what are their salaries?
There 4 volunteers at Robertson Hill Apartments Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Robertson Hill Apartments Inc?
Robertson Hill Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Robertson Hill Apartments Inc
Robertson Hill Apartments Inc, a nonprofit organization, is dedicated to providing stable and affordable housing for individuals who are disabled. Their mission is to develop and manage rental communities that cater specifically to this population. By offering affordable housing, Robertson Hill Apartments Inc aims to provide opportunities for successful living for people with disabilities. The organization's goal is to ensure that individuals with disabilities have access to housing that meets their needs and supports their overall well-being.
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Impact
August, 2024
Robertson Hill Apartments Inc's impact is significant in providing affordable housing and opportunities for successful living for persons with disabilities in Raleigh, NC. Their mission is to provide access to stable, affordable housing for people who are disabled by developing and managing rental communities. Through their efforts, they are helping enhance the quality of life for individuals with disabilities, ensuring they have a safe and supportive environment to thrive in. Their work in the area of human services is commendable and makes a positive difference in the lives of those they serve.
This information is meant to be a general summary of Robertson Hill Apartments 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 2023.
- Investment Income: $7
- Program Service Revenue: $18,093
- Gross Receipts: $45,377
Assets and Liabilities:
- Total Assets: $1,011,334
- Total Liabilities: $1,348,569
- Net Assets: -$337,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$18,093
Organization Details
Founding Year
2009
Phone
(919) 754-9960Principal Officer
Everett Mcelveen
Main Address
PO Box 12545, Raleigh, NC, 276052545
NTEE Category
Code: P73 - Human services
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