Overview
What is Teamsters Assistance Programs Inc C/O Rhm Real Estate Group?
Teamsters Assistance Programs Inc C/O Rhm Real Estate Group is a nonprofit organization situated in Lyndhurst, Ohio. Their primary mission is to provide affordable housing for elderly and disabled individuals, offering 75 units in total. With a dedicated workforce of five employees, they strive to ensure these residents have access to comfortable and supportive living spaces. The organization's focus on low-income housing for vulnerable populations is a valuable contribution to the community.
Official website here: www.retireehousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
Teamsters Assistance Programs Inc has earned a solid Three-Star rating, indicating a respectable level of accountability and financial health. The organization excels in key areas, including a perfect score in accountability and finance metrics, as well as full independence of its board members. High program expense ratios suggest that a significant majority of its funding is directed towards its programs rather than administrative costs, which is a positive sign for donors seeking effective use of their contributions.
However, some limitations were noted in the evaluation. The organization is missing several important policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for good governance practices. Additionally, while the organization has a reasonable liabilities to assets ratio, it could improve its financial transparency by ensuring that its tax form is posted on its website as required.
The overall strengths and weaknesses provide a balanced view of Teamsters Assistance Programs Inc, highlighting both their commitment to program effectiveness and the areas where governance could be enhanced. Donors may wish to consider these factors when deciding to support the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Teamsters Assistance Programs Inc C/O Rhm Real Estate Group legitimate?
Teamsters Assistance Programs Inc C/O Rhm Real Estate Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teamsters Assistance Programs Inc C/O Rhm Real Estate Group 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: $172,587
For more financial information, click here
Official website here: www.retireehousing.com
What is the mission statement of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group?
Teamsters Assistance Programs Inc, under the umbrella of Rhm Real Estate Group, is committed to providing low-income housing for elderly and disabled individuals. Their primary mission is to offer a residential environment that caters to the needs of these vulnerable groups. As of now, they have successfully provided 75 such housing units, ensuring these individuals have a suitable place to call home. Their goal is to contribute positively to the lives of these individuals, promoting their well-being and independence.
Official website here: www.retireehousing.com
Who is the CEO of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group?
John Joyce is the Pres/Sec of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group.
Official website here: www.retireehousing.com
What is the revenue of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group?
Teamsters Assistance Programs Inc C/O Rhm Real Estate Group's revenue in 2023 was $1,227,586.
Official website here: www.retireehousing.com
Who are the executives of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group and what are their salaries?
The average compensation at Teamsters Assistance Programs Inc C/O Rhm Real Estate Group during 2023 was $34,517. There are 5 employees at Teamsters Assistance Programs Inc C/O Rhm Real Estate Group.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.retireehousing.com
Where can I find the form 990 for Teamsters Assistance Programs Inc C/O Rhm Real Estate Group?
Teamsters Assistance Programs Inc C/O Rhm Real Estate Group's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.retireehousing.com
Learn more at the official website: www.retireehousing.com
Mission Statement of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group
Teamsters Assistance Programs Inc C/O Rhm Real Estate Group is committed to providing low-income housing for elderly and disabled individuals. This nonprofit organization's mission is centered around offering suitable living spaces for those who may face challenges due to their age or disability. To accomplish this, they have provided 75 low-income rental housing units, creating a safe and supportive environment for these individuals. By offering these units, Teamsters Assistance Programs Inc C/O Rhm Real Estate Group is making a significant contribution to the community, ensuring that elderly and disabled individuals have access to decent housing, thereby enhancing their quality of life.
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Impact
October, 2024
Teamsters Assistance Programs Inc C/O Rhm Real Estate Group significantly impacts the Lyndhurst, OH community by providing essential low-income housing for elderly and disabled individuals. By offering 75 rental housing units, the organization addresses the critical need for affordable living options, ensuring that these vulnerable populations have a safe and stable place to call home. This initiative not only improves the quality of life for residents but also fosters a sense of community and support among individuals who may often feel isolated or marginalized. The organization's mission helps to alleviate financial burdens, promoting dignity and independence for those it serves.
This information is meant to be a general summary of Teamsters Assistance Programs Inc C/O Rhm Real Estate Group. 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: $232,098
- Program Service Revenue: $304,909
- Gross Receipts: $1,227,586
Assets and Liabilities:
- Total Assets: $3,868,680
- Total Liabilities: $2,397,187
- Net Assets: $1,471,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$296,815
LAUNDRY & VENDING
Revenue
$5,125
MISC FEES
Revenue
$2,969
Organization Details
Founding Year
1977
Phone
(216) 360-8333Principal Officer
John Joyce
Main Address
5845 LANDERBROOK DRIVE, LYNDHURST, OH, 44124
Website
www.retireehousing.comNTEE Category
Code: L20Z - Housing
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