Overview
What is Residential Facilities Corporation?
Residential Facilities Corporation is a nonprofit organization situated in Galesburg, Illinois. Their primary focus is on providing housing solutions for elderly and disabled individuals. They operate a 15-unit apartment project in accordance with exempt purposes. The organization's mission revolves around offering a safe and supportive living environment for this specific demographic, aiming to enhance their quality of life.
Is Residential Facilities Corporation legitimate?
Residential Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Facilities 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,551
For more financial information, click here
What is the mission statement of Residential Facilities Corporation?
The Residential Facilities Corporation is dedicated to providing housing for the elderly and disabled individuals. Their mission is to ensure that these vulnerable groups have access to suitable living spaces. They operate a 15-unit apartment project specifically designed for disabled individuals, adhering to exempt purposes. The corporation's primary objective is to create a welcoming environment for the elderly and disabled, fostering their independence and quality of life.
Who is the CEO of Residential Facilities Corporation?
William Nelson is the Vice Chairman of Residential Facilities Corporation. The CEO's salary of Residential Facilities Corporation is $0 and their total compensation is $0.
What is the revenue of Residential Facilities Corporation?
Residential Facilities Corporation's revenue in 2022 was $194,551.
Who are the executives of Residential Facilities Corporation and what are their salaries?
Here are 8 key members and their salaries (Residential Facilities Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Residential Facilities Corporation?
Residential Facilities Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Residential Facilities Corporation
Residential Facilities Corporation, a nonprofit organization, is dedicated to providing housing for the elderly and disabled individuals. Their mission is centered around creating a living environment that caters to the needs of elderly and disabled individuals. To accomplish this, they operate a 15-unit apartment project, adhering to exempt purposes. This project is designed specifically for disabled individuals, offering them a place to call home. The corporation's focus on housing for this specific demographic highlights their commitment to ensuring the comfort and security of these vulnerable individuals, enabling them to live with dignity and independence.
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
Residential Facilities Corporation plays a vital role in enhancing the quality of life for elderly and disabled individuals in Galesburg, IL. By operating a 15-unit apartment project specifically designed for disabled individuals, it addresses a critical need for accessible and supportive housing. This initiative not only provides safe and affordable living options but also fosters a sense of community among residents, promoting social interaction and support networks.
The impact of Residential Facilities Corporation extends beyond mere housing; it empowers individuals by offering them a stable environment where they can maintain independence while receiving the necessary accommodations for their specific needs. This initiative contributes significantly to the overall well-being of vulnerable populations, helping to reduce social isolation and improve mental health outcomes. Through its focused mission, the organization ensures that elderly and disabled individuals have a place to call home while safeguarding their dignity and fostering a sense of belonging.
This information is meant to be a general summary of Residential Facilities Corporation. 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
- Program Service Revenue: $193,316
- Gross Receipts: $194,551
Assets and Liabilities:
- Total Assets: $266,491
- Total Liabilities: $762,943
- Net Assets: -$496,452
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.
HOUSING ASSISTANCE PMT
Revenue
$141,763
APARTMENT CARRY CHARGE
Revenue
$51,553
Organization Details
Founding Year
1989
Phone
(309) 344-2323Principal Officer
William Nelson
Main Address
2323 N WINDISH DRIVE, GALESBURG, IL, 61401
NTEE Category
Code: L22 - Housing
If you are a representative of Residential Facilities 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.