Overview
What is Rdoor Housing Corporation?
Rdoor Housing Corporation is a nonprofit organization located in Indianapolis, Indiana, with a mission to promote and provide housing facilities and services tailored to the needs of low and moderate-income individuals. With a team of 21 dedicated employees, the corporation focuses on creating housing solutions specifically designed to accommodate this demographic. Their commitment extends beyond just providing a place to live, as they are dedicated to improving the lives of those they serve. Rdoor Housing Corporation's efforts are aimed at making a meaningful difference in the lives of the people they assist.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Rdoor Housing Corporation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization achieved a score of 79%, which reflects strong governance practices, including a fully independent board and adherence to important policies such as conflict of interest and whistleblower protections. Its financial statements are audited, contributing to the overall transparency of its operations.
The organization's program expense ratio is impressive at 100%, suggesting that all its expenses are directed towards its programs. This highlights Rdoor Housing Corporation's commitment to effectively using its resources to fulfill its mission. The majority of the board members being independent enhances their accountability and decision-making processes, which is a positive aspect of the organization.
However, while the overall score is commendable, it is entirely based on the Accountability & Finance beacon. This means that potential donors may want to explore other areas such as program effectiveness and outcomes, which are not reflected in this rating. Overall, Rdoor Housing Corporation demonstrates a strong financial foundation and governance, making it a trustworthy option for supporters interested in housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Rdoor Housing Corporation legitimate?
Rdoor Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rdoor Housing Corporation 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: $156,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,731,957
For more financial information, click here
What is the mission statement of Rdoor Housing Corporation?
The Rdoor Housing Corporation is dedicated to promoting and providing housing facilities and services tailored to the needs of low and moderate income individuals. Their mission is to ensure these individuals have access to suitable housing solutions. The corporation strives to make a meaningful difference in people's lives by addressing their unique housing requirements. Through their efforts, they aim to create sustainable living environments that cater to the needs of income-constrained individuals. The corporation's commitment extends beyond housing, as they also focus on delivering additional services to enhance the quality of life for those they serve. Their ultimate goal is to empower and support these individuals, enabling them to thrive in their communities.
Who is the CEO of Rdoor Housing Corporation?
Bruce Baird is the President of Rdoor Housing Corporation.
What is the revenue of Rdoor Housing Corporation?
Rdoor Housing Corporation's revenue in 2022 was $13,928,693.
Who are the executives of Rdoor Housing Corporation and what are their salaries?
The average compensation at Rdoor Housing Corporation during 2022 was $89,946. There are 21 employees at Rdoor Housing Corporation.
Here are 6 key members and their salaries:
- Compensation: $156,902
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Rdoor Housing Corporation?
Rdoor Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rdoor Housing Corporation
Rdoor Housing Corporation, a renowned organization, is dedicated to promoting and providing housing facilities and services tailored to meet the unique needs of low and moderate-income individuals. The mission of this corporation is threefold: to promote, to provide, and to make a difference in the lives of those in need of suitable housing.
Rdoor Housing Corporation takes pride in offering housing solutions that cater to the distinctive requirements of its clientele. By providing specially designed facilities, the corporation ensures that the individuals it serves have access to a safe and comfortable living environment. The corporation's commitment to its mission goes beyond just offering housing; it also aims to address the specific needs of its residents, ensuring they have the necessary support and resources to thrive.
The corporation's dedication to its cause is unwavering. It promotes affordable housing as a means of breaking the cycle of poverty and creating opportunities for individuals to improve their lives. By providing housing, Rdoor Housing Corporation creates a stable foundation upon which its residents can build a brighter future. In doing so, it empowers them to focus on their personal growth, education, and employment opportunities.
In essence, Rdoor Housing Corporation is more than just a housing provider; it is a beacon of hope and opportunity for those in need. Its mission is to make a lasting impact in the lives of its residents, providing them with the resources and support they need to overcome the challenges they face and build a better future for themselves and their families.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Rdoor Housing Corporation significantly impacts the Indianapolis community by addressing the housing needs of low and moderate-income individuals. By promoting and providing tailored housing facilities and services, Rdoor ensures that these populations have access to safe, affordable living conditions that meet their unique needs. This initiative not only contributes to the stability and wellbeing of individuals and families but also fosters a sense of empowerment and community growth. Through its dedicated efforts, Rdoor Housing Corporation helps to alleviate housing insecurity and enhance the quality of life for those it serves, ultimately promoting a more inclusive and equitable society.
This information is meant to be a general summary of Rdoor Housing Corporation. 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: $139,285
- Program Service Revenue: $8,465,646
- Gross Receipts: $13,928,693
Assets and Liabilities:
- Total Assets: $52,294,627
- Total Liabilities: $47,635,432
- Net Assets: $4,659,195
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT COMMUNITY INCOME
Revenue
$8,096,994
CONSULTING FEES
Revenue
$191,073
DEVELOPER FEE INCOME
Revenue
$121,532
ASSET MGT FEES
Revenue
$39,827
MISCELLANEOUS
Revenue
$16,220
Organization Details
Founding Year
1981
Phone
(317) 805-4312Principal Officer
Bruce Baird
Main Address
441 WEST MICHIGAN STREET, INDIANAPOLIS, IN, 46202
NTEE Category
Code: L22 - Housing
If you are a representative of Rdoor Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.