Overview
What is Richard K Thompson Inc?
Richard K Thompson Inc is a nonprofit organization situated in Whiteville, North Carolina. Their primary focus is on supporting the elderly community by offering them affordable housing options. They manage a 36-unit apartment complex, providing suitable living arrangements for low-income elderly tenants, thereby contributing significantly to their well-being. The mission of Richard K Thompson Inc is deeply rooted in the belief that every senior deserves a comfortable and secure living environment.
Is Richard K Thompson Inc legitimate?
Richard K Thompson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard K Thompson 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
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What is the mission statement of Richard K Thompson Inc?
Richard K Thompson Inc, as an organization, is committed to providing housing for the elderly. Their mission is to support this demographic by offering them suitable living arrangements. They operate a 36-unit apartment complex, serving low-income elderly tenants in an undisclosed location. By doing so, they aim to contribute positively to the elderly community, ensuring they have a comfortable living space. The company's mission is centered around the notion of supporting the elderly, providing them with a place they can call home.
What is the revenue of Richard K Thompson Inc?
Richard K Thompson Inc's revenue in 2023 was $344,270.
Who are the executives of Richard K Thompson Inc and what are their salaries?
There 7 volunteers at Richard K Thompson Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Richard K Thompson Inc?
Richard K Thompson Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Richard K Thompson Inc
Richard K Thompson Inc, as a mission-driven organization, is committed to providing housing for the elderly. With a 36-unit apartment complex, it offers suitable living arrangements for low-income elderly tenants in Whiteville, NC. The primary goal of this nonprofit is to support the elderly population by providing them with a safe and comfortable living environment. By offering housing, Richard K Thompson Inc aims to contribute positively to the lives of the elderly, ensuring they have a place to call home and live with dignity.
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Impact
October, 2024
Richard K Thompson Inc significantly influences the community by providing affordable housing for low-income elderly individuals in Whiteville, NC. By operating a 36-unit apartment complex, it addresses the growing need for accessible living arrangements that cater to the specific requirements of elderly tenants. This initiative not only alleviates housing insecurity among seniors but also fosters a sense of community and support.
The organization’s commitment to creating suitable living conditions plays a crucial role in enhancing the quality of life for its residents. By ensuring stable housing, Richard K Thompson Inc empowers elderly individuals, allowing them to maintain their independence while offering a safe environment tailored to their needs. This contribution positively impacts the overall well-being of older adults in the area, promoting dignity and stability in their later years.
This information is meant to be a general summary of Richard K Thompson 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: $1,903
- Program Service Revenue: $119,126
- Gross Receipts: $358,559
Assets and Liabilities:
- Total Assets: $1,732,197
- Total Liabilities: $3,176,954
- Net Assets: -$1,444,757
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL PAYMENTS
Revenue
$113,367
TENANT CHARGES
Revenue
$4,668
LAUNDRY & VENDING
Revenue
$1,091
Organization Details
Founding Year
2005
Principal Officer
Garrick Witherspoon
NTEE Category
Code: L20 - Housing
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