Overview
What is Rivertree Apartments Inc?
Rivertree Apartments Inc is a dedicated nonprofit organization situated in Medford, Oregon. With a focus on affordability, they manage 27 housing units tailored for individuals with limited income. Their primary mission revolves around housing rehabilitation, aiming to improve living conditions for their residents. Rivertree Apartments Inc is an integral part of the community, contributing to the provision of affordable housing opportunities in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Rivertree Apartments Inc has achieved a commendable rating of 87% from Charity Navigator, reflecting a strong commitment to accountability and finance management. The rating is based solely on their Accountability & Finance score, which highlights the organization’s effective governance and financial practices. With a focus on transparency, the organization demonstrates significant strengths, including a fully independent board and well-documented policies regarding conflicts of interest and whistleblowing.
The organization's financial health is further evidenced by a low liabilities to assets ratio of 6.29%, indicating solid fiscal stability. Additionally, Rivertree Apartments allocates an impressive 88.87% of its expenses directly to programs, showcasing its dedication to maximizing the impact of its resources. These metrics suggest that the organization is well-managed and prioritizes the welfare of its beneficiaries.
While Rivertree Apartments Inc shows no material diversions of assets and has transparent board practices, the rating relies heavily on financial oversight metrics. Potential limitations or areas for improvement may not be as readily apparent without broader performance indicators. Nonetheless, the high scores in accountability and governance reflect positively on the organization’s operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Rivertree Apartments Inc legitimate?
Rivertree Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rivertree 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: $43,219
For more financial information, click here
What is the mission statement of Rivertree Apartments Inc?
Rivertree Apartments Inc, as an organization, is dedicated to providing affordable housing. This is evident in its operation of 27 units catering to individuals with low income. Beyond just providing housing, Rivertree Apartments specializes in housing rehabilitation, enhancing the living conditions for its residents. The mission of Rivertree Apartments is focused on making affordable housing a reality, contributing positively to the lives of its residents.
Who is the CEO of Rivertree Apartments Inc?
Jason Elzy is the Chairperson of Rivertree Apartments Inc.
What is the revenue of Rivertree Apartments Inc?
Rivertree Apartments Inc's revenue in 2022 was $170,938.
Who are the executives of Rivertree Apartments Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $119,804
- Other: $9,830
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- Related: $183,253
- Other: $30,889
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- Related: $130,664
- Other: $20,555
- Compensation: $0
- Related: $113,210
- Other: $17,722
Where can I find the form 990 for Rivertree Apartments Inc?
Rivertree Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rivertree Apartments Inc
Rivertree Apartments Inc, as a nonprofit organization, is committed to providing affordable housing. At the heart of its mission, Rivertree Apartments operates 27 units specifically designed for individuals with low income. Beyond just offering housing, Rivertree Apartments specializes in housing rehabilitation. This dedication to improving living conditions demonstrates their commitment to making a tangible impact in people's lives. By focusing on affordable housing and rehabilitation, Rivertree Apartments Inc plays a significant role in ensuring that individuals in need have access to decent and affordable living spaces.
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Impact
October, 2024
Rivertree Apartments Inc significantly impacts the Medford, OR community by providing 27 units of affordable housing for low-income individuals and families. By specializing in housing rehabilitation, the organization not only helps improve living conditions but also revitalizes neighborhoods, contributing to the overall health and stability of the area. This initiative addresses the critical need for accessible housing options, allowing residents to live with dignity and security. Rivertree's commitment to affordable housing plays a vital role in enhancing the quality of life for its tenants and fostering a more inclusive community.
This information is meant to be a general summary of Rivertree 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 2022.
- Investment Income: $81
- Program Service Revenue: $170,857
- Gross Receipts: $170,938
Assets and Liabilities:
- Total Assets: $614,134
- Total Liabilities: $38,652
- Net Assets: $575,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$170,857
Organization Details
Founding Year
1996
Phone
(541) 779-5785Principal Officer
Jason Elzy
Main Address
2251 TABLE ROCK ROAD, MEDFORD, OR, 97501
NTEE Category
Code: L25 - Housing
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