Overview
What is Community Reinvestment Foundation Vii Inc?
Community Reinvestment Foundation Vii Inc, operating under the name Lebanon Manor Apartments, is a nonprofit organization situated in Plainfield, Indiana. Their primary mission is to provide affordable housing for low-income seniors. They accomplish this by owning and managing a 78-unit apartment community in Lebanon, Indiana, in accordance with the National Housing Act. The rents charged in this community are subsidized and regulated by the U.S. Department of Housing and Urban Development. The organization employs a team of three individuals, dedicated to fulfilling this crucial mission.
Official website here: www.crf.net
Is Community Reinvestment Foundation Vii Inc legitimate?
Community Reinvestment Foundation Vii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Reinvestment Foundation Vii 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: $74,591
For more financial information, click here
Official website here: www.crf.net
What is the mission statement of Community Reinvestment Foundation Vii Inc?
Community Reinvestment Foundation Vii Inc's mission is centered around providing affordable housing for individuals with low income, specifically focusing on seniors. They operate a 78-unit apartment community, situated in an unspecified location, in accordance with Section 223(F) of the National Housing Act. The foundation ensures that the rents in this community are subsidized and regulated by the U.S. Department of Housing and Urban Development. The primary objective of Community Reinvestment Foundation Vii Inc is to make affordable housing available to those who require it most.
Official website here: www.crf.net
Who is the CEO of Community Reinvestment Foundation Vii Inc?
David Cooper is the President of Community Reinvestment Foundation Vii Inc.
Official website here: www.crf.net
What is the revenue of Community Reinvestment Foundation Vii Inc?
Community Reinvestment Foundation Vii Inc's revenue in 2022 was $4,529,720.
Official website here: www.crf.net
Who are the executives of Community Reinvestment Foundation Vii Inc and what are their salaries?
The average compensation at Community Reinvestment Foundation Vii Inc during 2022 was $24,864. There are 3 employees at Community Reinvestment Foundation Vii 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 Vii Inc?
Community Reinvestment Foundation Vii 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 Vii Inc
Community Reinvestment Foundation Vii Inc, as its name suggests, is dedicated to providing affordable housing for a specific demographic. Their mission is focused on low-income individuals, extending a hand to those who might otherwise struggle to secure suitable and affordable living arrangements. The organization demonstrates this commitment by owning and managing a 78-unit apartment community, specifically designed for low-income seniors. This housing complex, located in Lebanon, Indiana, operates under Section 223(F) of the National Housing Act, ensuring that rents remain subsidized and regulated by the U.S. Department of Housing and Urban Development. By providing affordable housing for this vulnerable group, Community Reinvestment Foundation Vii Inc plays a crucial role in enhancing the living conditions and overall well-being of the seniors within its community.
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
Community Reinvestment Foundation VII Inc significantly enhances the quality of life for low-income seniors by offering affordable housing solutions. It operates a 78-unit apartment community in Lebanon, Indiana, specifically designed to cater to the needs of elderly residents. The foundation ensures that rents are subsidized and regulated according to guidelines set by the U.S. Department of Housing and Urban Development, making housing accessible for individuals who might otherwise face financial barriers.
By providing this secure and affordable living environment, the foundation not only addresses critical housing needs but also fosters a sense of community among residents. The presence of stable housing has a ripple effect, positively impacting the overall wellbeing of seniors, promoting independence, and enabling them to age in place with dignity.
This information is meant to be a general summary of Community Reinvestment Foundation Vii 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: $4,124,120
- Program Service Revenue: $405,600
- Gross Receipts: $6,005,966
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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.
LOW INCOME RENTS
Revenue
$243,948
OTHER TENANT PAYMENTS
Revenue
$155,980
LAUNDRY AND VENDING
Revenue
$4,620
TENANT CHARGES
Revenue
$954
MISCELLANEOUS REVENUE
Revenue
$98
Organization Details
Founding Year
1996
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
If you are a representative of Community Reinvestment Foundation Vii Inc 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.