Overview
What is The Rio Housing Association Inc C/O Accord Property Management?
The Rio Housing Association Inc C/O Accord Property Management, located in Madison, Wisconsin, is a nonprofit organization with a mission to provide housing for very low-income elderly persons. Operating under the name Covenant Place, they currently manage 20 one-bedroom units as subsidized housing. With a small workforce of three individuals, they strive to improve the living situations of elderly individuals in need, contributing positively to their local community.
Is The Rio Housing Association Inc C/O Accord Property Management legitimate?
The Rio Housing Association Inc C/O Accord Property Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rio Housing Association Inc C/O Accord Property Management 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: $31,154
For more financial information, click here
What is the mission statement of The Rio Housing Association Inc C/O Accord Property Management?
The mission of The Rio Housing Association Inc, managed by Accord Property Management, is centered around providing housing for individuals who fall into the category of very low-income elderly persons. This organization's primary objective is to ensure that these individuals have access to adequate housing. They have successfully provided 20 one-bedroom units of subsidized housing for low-income elderly or disabled persons. The association's goal is to offer a secure living environment and essential housing solutions to this vulnerable group.
Who is the CEO of The Rio Housing Association Inc C/O Accord Property Management?
Jerry Traut is the President of The Rio Housing Association Inc C/O Accord Property Management.
What is the revenue of The Rio Housing Association Inc C/O Accord Property Management?
The Rio Housing Association Inc C/O Accord Property Management's revenue in 2022 was $122,150.
Who are the executives of The Rio Housing Association Inc C/O Accord Property Management and what are their salaries?
The average compensation at The Rio Housing Association Inc C/O Accord Property Management during 2022 was $10,385. There are 3 employees and 10 volunteers at The Rio Housing Association Inc C/O Accord Property Management.
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Where can I find the form 990 for The Rio Housing Association Inc C/O Accord Property Management?
The Rio Housing Association Inc C/O Accord Property Management's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Rio Housing Association Inc C/O Accord Property Management
The Rio Housing Association Inc C/O Accord Property Management is dedicated to providing housing solutions for very low-income elderly individuals. This nonprofit organization's mission is to offer a total of 20 one-bedroom units of subsidized housing for elderly or disabled persons who fall under the low-income bracket. By offering these housing units, The Rio Housing Association Inc C/O Accord Property Management aims to provide a secure and affordable living environment for this vulnerable population, allowing them to live with dignity and independence. Through its housing provision, the nonprofit seeks to contribute to the well-being of elderly individuals, ensuring they have access to safe and comfortable living spaces, thereby enhancing their overall quality of life.
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Impact
October, 2024
The Rio Housing Association Inc C/O Accord Property Management plays a significant role in addressing the housing needs of very low-income elderly individuals in Madison, WI. By providing 20 one-bedroom units of subsidized housing, it ensures that senior citizens have access to safe and affordable living arrangements. This initiative not only helps alleviate housing insecurity among vulnerable populations but also fosters a sense of community and stability for elderly residents. The impact extends beyond mere shelter; it enhances the quality of life for those who may otherwise struggle to find decent housing, enabling them to live with dignity and security.
This information is meant to be a general summary of The Rio Housing Association Inc C/O Accord Property Management. 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: $7
- Program Service Revenue: $121,145
- Gross Receipts: $122,150
Assets and Liabilities:
- Total Assets: $683,057
- Total Liabilities: $14,036
- Net Assets: $669,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT INCOME
Revenue
$121,145
Organization Details
Founding Year
1997
Phone
(608) 838-4000Principal Officer
Jerry Traut
Main Address
PO BOX 7354, MADISON, WI, 537077354
NTEE Category
Code: L22 - Housing
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