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River Grove Retirement Community Inc

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

EIN: 383519530 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is River Grove Retirement Community Inc?

River Grove Retirement Community Inc is a nonprofit organization situated in Grand Rapids, Michigan. With a focus on affordability, they provide 46 subsidized apartments for the elderly with low income, in partnership with the U.S. Department of Housing and Urban Development. The organization's mission is to welcome and collaborate with its residents, aiming to enrich their lives. With a small team of dedicated employees, River Grove Retirement Community Inc offers a supportive living environment for its elderly tenants.


Official website here: www.briolivingservices.org

Is River Grove Retirement Community Inc legitimate?

River Grove Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Grove Retirement Community 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: $68,291

For more financial information, click here


Official website here: www.briolivingservices.org

What is the mission statement of River Grove Retirement Community Inc?

The mission of River Grove Retirement Community Inc, as stated, is centered around welcoming all individuals and working collaboratively to enhance their lives. This is achieved by providing affordable housing for the elderly population, with 46 apartments being subsidized by the U.S. Department of Housing and Urban Development. The community's mission emphasizes inclusivity, cooperation, and improvement in the lives of its residents.


Official website here: www.briolivingservices.org

Who is the CEO of River Grove Retirement Community Inc?

Kim Hoppe is the Cfo/ Director of River Grove Retirement Community Inc. The CEO's salary of River Grove Retirement Community Inc is $0 and their total compensation is $497,951.


Official website here: www.briolivingservices.org

What is the revenue of River Grove Retirement Community Inc?

River Grove Retirement Community Inc's revenue in 2022 was $325,549.


Official website here: www.briolivingservices.org

Who are the executives of River Grove Retirement Community Inc and what are their salaries?

The average compensation at River Grove Retirement Community Inc during 2022 was $68,291. There is 1 employee and 6 volunteers at River Grove Retirement Community Inc.


Here are 8 key members and their salaries (River Grove Retirement Community Inc's CEO's salary is $0 and their total compensation is $497,951):


Steve Fetyko (Ceo/ Director)
  • Compensation: $0
  • Related: $468,694
  • Other: $29,257
Kim Hoppe (Cfo/ Director)
  • Compensation: $0
  • Related: $267,464
  • Other: $27,806
Robert Barnes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Berra (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Ives (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Hohman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Dolan-Greene (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.briolivingservices.org

Where can I find the form 990 for River Grove Retirement Community Inc?

River Grove Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.briolivingservices.org

Learn more at the official website: www.briolivingservices.org

Mission Statement of River Grove Retirement Community Inc

River Grove Retirement Community Inc, with its mission at heart, strives to create an inclusive environment, fostering collaboration and enhancing the lives of its residents. Their core objective is encapsulated in the phrase, "Welcoming all, partnering together, enriching lives," which serves as a guiding principle for their operations. This mission is exemplified through their primary activity, which involves providing affordable housing for low-income elderly tenants. They accomplish this by renting out 46 subsidized apartments, funded by the U.S. Department of Housing and Urban Development. By doing so, River Grove Retirement Community Inc ensures that a significant portion of the elderly population has access to safe and affordable living spaces, thereby enriching their lives and promoting a sense of community.

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Impact




October, 2024

River Grove Retirement Community Inc significantly impacts the Grand Rapids area by providing affordable housing for low-income elderly individuals. By offering 46 subsidized apartments, the community ensures that seniors have access to safe and comfortable living accommodations. This initiative not only addresses critical housing needs but also fosters a sense of community and belonging.

Through its commitment to welcoming all and partnering together, River Grove enriches the lives of its residents by promoting social interaction, support, and resources that enhance well-being. The presence of such a community enables seniors to maintain their independence while receiving the support they need, ultimately contributing to their quality of life and overall health.




This information is meant to be a general summary of River Grove Retirement Community 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
$325,549 (2022)
Expenses
$373,162 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18
  • Program Service Revenue: $187,902
  • Gross Receipts: $325,549

Assets and Liabilities:

  • Total Assets: $1,846,701
  • Total Liabilities: $3,064,731
  • Net Assets: -$1,218,030

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Programs

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

Rental income

Revenue

$162,717

carport

Revenue

$3,131

laundry & Vending

Revenue

$2,191

Other Misc charges

Revenue

$19,863

Organization Details

Founding Year

2004

Principal Officer

Kim Hoppe

Main Address

3600 E Fulton, Grand Rapids, MI, 49546

NTEE Category

Code: L21 - Housing

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