Overview
What is Sunrise Residential Inc?
Sunrise Residential Inc is a nonprofit organization located in Tinley Park, Illinois. Their primary mission is to provide affordable housing for low-income individuals who are mentally handicapped. The organization follows guidelines set by the U.S. Department of Housing and Urban Development (HUD) to determine the rent payment capacity of each tenant. The main objective of Sunrise Residential Inc is to offer a supportive living environment for individuals with disabilities, promoting their overall well-being.
Is Sunrise Residential Inc legitimate?
Sunrise Residential Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunrise Residential 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: $10,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sunrise Residential Inc?
Sunrise Residential Inc's mission is centered around providing housing for individuals with low income who have disabilities, specifically those with mental handicaps. The organization strives to make suitable housing available for eligible individuals, with rent payments adjusted based on their income capacity, as assessed by HUD. The goal is to offer a living space that caters to the needs of these individuals, thereby enhancing their quality of life.
What is the revenue of Sunrise Residential Inc?
Sunrise Residential Inc's revenue in 2023 was $109,508.
Who are the executives of Sunrise Residential Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $16,500
- Related: $0
- Other: $0
- Compensation: $6,120
- 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 Sunrise Residential Inc?
Sunrise Residential Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sunrise Residential Inc
Sunrise Residential Inc, a nonprofit organization, is committed to providing housing for individuals who are low-income and disabled. This mission is centered around offering suitable living spaces to eligible individuals who are mentally handicapped. The tenants are expected to contribute a portion of their rent, which is determined based on their ability to pay, as per the guidelines set by HUD. This approach ensures that those in need can still afford a place to call home, while also promoting self-sufficiency and responsibility. The organization's mission is essential in providing a safe and supportive living environment for this vulnerable population, enabling them to lead more independent and dignified lives.
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Impact
October, 2024
Sunrise Residential Inc plays a crucial role in enhancing the quality of life for low-income individuals with disabilities. By providing affordable housing, the organization ensures that mentally handicapped individuals have access to safe and stable living environments. This initiative not only meets a basic need for shelter but also fosters a sense of community and belonging among tenants.
In Tinley Park, Illinois, Sunrise Residential Inc allows eligible individuals to contribute to their housing costs based on their financial capabilities, as determined by HUD guidelines. This approach empowers residents by offering them a degree of financial autonomy, while also alleviating the burden of housing insecurity. The impact of Sunrise Residential Inc extends beyond mere housing; it promotes dignity, independence, and inclusion, creating a supportive environment that encourages personal growth and development for those it serves. Through its mission, the organization addresses significant social challenges and contributes positively to the fabric of the community.
This information is meant to be a general summary of Sunrise Residential 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 2023.
- Investment Income: $9
- Program Service Revenue: $109,499
- Gross Receipts: $109,508
Assets and Liabilities:
- Total Assets: $763,874
- Total Liabilities: $1,291,872
- Net Assets: -$527,998
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
rental income
Revenue
$19,604
tenant assistance payment
Revenue
$89,895
Organization Details
Founding Year
1998
Principal Officer
Sharronne Ward
NTEE Category
Code: T70 - Philanthropy
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