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Real Place Inc

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

EIN: 383449808 ✦ Redford, MI ✦ Designated as a 501(c)(3)

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Overview

What is Real Place Inc?

Real Place Inc, situated in Redford, Michigan, is a dedicated residential care facility or group home. Its primary objective is to offer adult foster care, ensuring a supportive environment for individuals requiring such services. The organization's mission is to provide compassionate care and assistance, fostering an atmosphere of comfort and well-being for its residents. While specific details about the extent of its reach, research initiatives, or additional support services are not provided, it is clear that Real Place Inc prioritizes adult foster care as its central mission.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)

Real Place Inc has received a two-star rating from Charity Navigator, indicating areas that require significant improvement in their accountability and financial practices. The organization shows strengths in having a fully independent board and a low liabilities to assets ratio, which suggests a stable financial footing in terms of liabilities. However, the overall financial transparency is a concern, as evidenced by a lack of financial statements and failure to post tax forms on their website.

The organization does demonstrate some positive governance practices, such as having a conflict of interest policy and documenting board meeting minutes. However, the absence of a whistleblower policy and inadequate document retention practices raise red flags about their operational integrity. These issues may affect donor confidence and overall organizational efficacy.

While Real Place Inc is clearly committed to its mission, improving its financial transparency and accountability will be crucial for enhancing its credibility. Addressing these limitations could lead to better ratings in the future and foster greater trust among stakeholders and the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Real Place Inc legitimate?

Real Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Place 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: $116,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $921,438

For more financial information, click here

What is the mission statement of Real Place Inc?

Real Place Inc, as an organization, is committed to providing adult foster care. Their mission is to offer a supportive living environment and care for adults who require assistance. Their primary goal is to ensure the well-being and comfort of these individuals, providing them with a nurturing and safe space to live. The organization's activities are centered around adult foster care, aiming to enhance the quality of life for those under their care. Real Place Inc is dedicated to fostering independence, dignity, and respect for each individual in their care.

Who is the CEO of Real Place Inc?

Renee Alford is the President of Real Place Inc.

What is the revenue of Real Place Inc?

Real Place Inc's revenue in 2021 was $2,134,626.

Who are the executives of Real Place Inc and what are their salaries?

The average compensation at Real Place Inc during 2021 was $27,308. There are 38 employees at Real Place Inc.


There is 1 key member and their salary:


Renee Alford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Real Place Inc?

Real Place Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Real Place Inc

Real Place Inc, as a nonprofit organization, is dedicated to providing adult foster care. This mission is carried out through the operation of a residential care facility or group home, offering a supportive environment for adults in need. The primary focus of Real Place Inc is to provide care and support, ensuring that each individual receives the attention and assistance they require. By offering adult foster care, Real Place Inc plays a crucial role in providing a safe and nurturing environment for adults who require such services, allowing them to live with dignity and independence.

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Impact




July, 2024

Real Place Inc's impact is significant in providing adult foster care in Redford, MI. Through their residential care facility, they offer essential support and services to individuals in need. Their mission to provide adult foster care plays a crucial role in improving the well-being and quality of life for vulnerable adults in the community. Real Place Inc's dedication to human services is evident in the positive impact they have on the lives of those they serve.




This information is meant to be a general summary of Real Place 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.

Revenue
$2,134,626 (2021)
Expenses
$1,700,712 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $2,134,626
  • Gross Receipts: $2,134,626

Assets and Liabilities:

  • Total Assets: $949,887
  • Total Liabilities: $578,399
  • Net Assets: $371,488

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Programs

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

ADULT FOSTER CARE

Revenue

$2,134,626

Organization Details

Principal Officer

Renee Alford

Main Address

25630 WEST CHICAGO, REDFORD, MI, 48239

NTEE Category

Code: P20 - Human services

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