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Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group

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

EIN: 363543914 ✦ Lyndhurst, OH ✦ Designated as a 501(c)(3)

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Overview

What is Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group?

Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group is a nonprofit organization situated in Lyndhurst, Ohio. With a modest workforce of three individuals, their primary mission is to construct and manage rental housing for qualifying handicapped citizens, specifically the elderly and disabled. They currently offer 24 units of affordable housing, serving as a valuable resource for this specific demographic. The organization is committed to providing a secure living environment and contributing positively to their community.


Official website here: www.retireehousing.com

Is Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group legitimate?

Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retiree Housing Of Minneapolisinc 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: $72,902

For more financial information, click here


Official website here: www.retireehousing.com

What is the mission statement of Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group?

The mission of Retiree Housing Of Minneapolisinc, managed by Rhm Real Estate Group, is centered around constructing and operating rental housing for a specific group of handicapped individuals. Their primary objective is to provide a living space for these qualified individuals, ensuring they have access to suitable housing options. The organization's focus is on the elderly and disabled residents, offering a total of 24 units for their residence.


Official website here: www.retireehousing.com

Who is the CEO of Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group?

John Joyce is the President of Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group.


Official website here: www.retireehousing.com

What is the revenue of Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group?

Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group's revenue in 2023 was $440,144.


Official website here: www.retireehousing.com

Who are the executives of Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group and what are their salaries?

The average compensation at Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group during 2023 was $24,301. There are 3 employees at Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group.


Here are 3 key members and their salaries:


John Joyce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Joyce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Joyce Jr (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.retireehousing.com

Where can I find the form 990 for Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group?

Retiree Housing Of Minneapolisinc 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 Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group

Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group, in its mission, focuses on constructing and operating rental housing specifically for qualified handicapped citizens. This nonprofit organization is dedicated to providing a residential solution for elderly and disabled individuals, offering them a safe and comfortable living environment. With a goal of 24 units, Retiree Housing Of Minneapolisinc C/O Rhm Real Estate Group contributes to the well-being of these vulnerable populations by offering them affordable and accessible housing options. The organization's mission is vital in ensuring that handicapped citizens have the opportunity to live with dignity, independence, and security.

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Impact




October, 2024

Retiree Housing Of Minneapolis, operating under RHM Real Estate Group, significantly impacts the community by providing essential housing solutions for elderly and disabled residents. By constructing and operating 24 rental units specifically designed for qualified handicapped citizens, it addresses the critical need for accessible living environments. This initiative not only offers low-income housing but also promotes independence and dignity among its residents. The organization’s focus on creating supportive housing ensures that vulnerable populations have a safe and stable place to call home, contributing to their overall well-being and quality of life.




This information is meant to be a general summary of Retiree Housing Of Minneapolisinc 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.

Revenue
$440,144 (2023)
Expenses
$505,444 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $282
  • Program Service Revenue: $102,346
  • Gross Receipts: $440,144

Assets and Liabilities:

  • Total Assets: $832,380
  • Total Liabilities: $1,485,437
  • Net Assets: -$653,057

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Programs

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

RENT INCOME

Revenue

$101,331

MISC FEES

Revenue

$802

LAUNDRY & VENDING

Revenue

$213

Organization Details

Founding Year

1987

Principal Officer

John Joyce

Main Address

5845 LANDERBROOK DR, LYNDHURST, OH, 44124

NTEE Category

Code: L22Z - Housing

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