nonprofit logo

Rasa Ii Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311806577 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Rasa Ii Economic Development Corporation?

Rasa II Economic Development Corporation is a nonprofit organization situated in Colorado Springs, Colorado. Their primary mission is to provide affordable housing options, catering to both families and individuals with disabilities. They accomplish this by managing and operating 72 rental housing units, ensuring that these accommodations remain within reach for those in need. This committed organization plays a vital role in addressing the housing needs of its community, contributing to a more inclusive and equitable living environment.


Is Rasa Ii Economic Development Corporation legitimate?

Rasa Ii Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rasa Ii Economic Development 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,311

For more financial information, click here


What is the mission statement of Rasa Ii Economic Development Corporation?
Who is the CEO of Rasa Ii Economic Development Corporation?
What is the revenue of Rasa Ii Economic Development Corporation?
Who are the executives of Rasa Ii Economic Development Corporation and what are their salaries?
Where can I find the form 990 for Rasa Ii Economic Development Corporation?

Mission Statement of Rasa Ii Economic Development Corporation

Rasa II Economic Development Corporation, a non-profit organization, is committed to providing affordable housing solutions for individuals, families, and handicapped individuals. Through its mission, the corporation owns and operates 72 rental housing units, aiming to make housing accessible and affordable for these groups. By offering affordable housing, Rasa II Economic Development Corporation contributes to the well-being and stability of its community, providing a crucial service to those in need.

Impact

This information is meant to be a general summary of Rasa Ii Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Rasa Ii Economic Development Corporation plays a vital role in providing affordable housing for individuals, families, and handicapped individuals in Colorado Springs. By owning and operating 72 rental housing units, the organization directly impacts the community by offering accessible and safe housing options for those in need. This initiative helps to address housing insecurity and improve the overall quality of life for residents in the area. Additionally, Rasa Ii's focus on affordable housing contributes to the reduction of certain societal issues, such as crime, creating a more stable and thriving community for its residents.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $249
  • Program Service Revenue: $876,383
  • Gross Receipts: $876,632

    • Assets and Liabilities:
  • Total Assets: $2,250,807
  • Total Liabilities: $1,772,333
  • Net Assets: $478,474
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENUE

    Revenue

    $876,383

    Organization Details

    Founding Year

    2001

    Principal Officer

    Leslie R White

    Main Address

    3625 MARION DRIVE, COLORADO SPRINGS, CO, 80909

    NTEE Category

    Code: I20 - Crime

    If you are a representative of Rasa Ii Economic Development 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.