Overview
What is Community Reinvestment Foundation Iv Inc?
Community Reinvestment Foundation Iv Inc, doing business as Blueridge Terrace Apartments, is a nonprofit organization based in Plaifield, Indiana. Their primary mission is to provide affordable housing for low-income individuals. They operate a 96-unit apartment community in Shelbyville, Indiana, with rents subsidized and regulated by the U.S. Department of Housing and Urban Development. The organization employs a team of two dedicated individuals in their mission to enhance living conditions for those in need.
Official website here: www.crf.net
Is Community Reinvestment Foundation Iv Inc legitimate?
Community Reinvestment Foundation Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Reinvestment Foundation Iv 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: $86,404
For more financial information, click here
Official website here: www.crf.net
What is the mission statement of Community Reinvestment Foundation Iv Inc?
Community Reinvestment Foundation Iv Inc's mission is centered around providing affordable housing for individuals with low income. In line with this, they own and manage a 96-unit apartment community. The rents in this community are subsidized and regulated by the U.S. Department of Housing and Urban Development, ensuring affordability for those in need. The foundation's mission is to make housing accessible to low-income individuals, thereby contributing to a more equitable living situation for this demographic.
Official website here: www.crf.net
Who is the CEO of Community Reinvestment Foundation Iv Inc?
David Cooper is the President of Community Reinvestment Foundation Iv Inc.
Official website here: www.crf.net
What is the revenue of Community Reinvestment Foundation Iv Inc?
Community Reinvestment Foundation Iv Inc's revenue in 2022 was $6,459,836.
Official website here: www.crf.net
Who are the executives of Community Reinvestment Foundation Iv Inc and what are their salaries?
The average compensation at Community Reinvestment Foundation Iv Inc during 2022 was $43,202. There are 2 employees at Community Reinvestment Foundation Iv Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $288,123
- Other: $8,399
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.crf.net
Where can I find the form 990 for Community Reinvestment Foundation Iv Inc?
Community Reinvestment Foundation Iv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crf.net
Learn more at the official website: www.crf.net
Mission Statement of Community Reinvestment Foundation Iv Inc
Community Reinvestment Foundation IV Inc is dedicated to providing affordable housing solutions for low-income individuals. In line with its mission, the organization operates a 96-unit apartment community, situated in Shelbyville, Indiana. This housing community serves as a beacon of affordability for those with limited financial means, with the rents regulated and subsidized by the U.S. Department of Housing and Urban Development. By providing such housing, Community Reinvestment Foundation IV Inc contributes to the well-being and stability of its residents, making a significant impact in the lives of those who need it most.
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Impact
October, 2024
Community Reinvestment Foundation IV Inc significantly impacts the community by providing affordable housing solutions for low-income individuals. By operating a 96-unit apartment community in Shelbyville, Indiana, the foundation ensures access to affordable living spaces that are vital for those in need. The rents charged to residents are subsidized and regulated by the U.S. Department of Housing and Urban Development, making it more feasible for low-income families to secure stable housing.
This initiative not only addresses immediate housing needs but also contributes to the overall well-being of the community by fostering a sense of stability and belonging. By facilitating access to affordable housing, the foundation helps to alleviate financial burdens and empowers individuals and families to thrive. Overall, the impact extends beyond just housing, contributing to social stability and improved quality of life for residents in the area.
This information is meant to be a general summary of Community Reinvestment Foundation Iv 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: $5,945,802
- Program Service Revenue: $514,034
- Gross Receipts: $7,917,030
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTS
Revenue
$509,489
LAUNDRY AND VENDING
Revenue
$3,347
OTHER TENANT CHARGES
Revenue
$899
MISCELLANEOUS
Revenue
$299
Organization Details
Founding Year
1992
Phone
(317) 554-2100Principal Officer
David Cooper
Main Address
2498 PERRY CROSSING WAY 260, PLAINFIELD, IN, 46168
Website
www.crf.netNTEE Category
Code: L22 - Housing
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