Overview
What is Raf Properties?
Raf Properties is a nonprofit organization situated at 12 Elton Hills Drive NW, Rochester, Minnesota 55901. Its primary purpose is to manage and utilize any real estate properties that are gifted or transferred to it. The organization's mission is to administer and dispose of these properties in various ways, ultimately benefiting the Rochester Area Foundation. By doing so, Raf Properties contributes to the betterment of the community, although the specific details of the projects or initiatives it supports are not mentioned in the provided information.
Is Raf Properties legitimate?
Raf Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raf Properties 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: $0
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What is the mission statement of Raf Properties?
Raf Properties' mission is to receive, hold, manage, and dispose of real property received through gifts or other means. The primary objective is to benefit the Rochester Area Foundation. The organization has the flexibility to dispose of the property using various methods to achieve this goal.
Who is the CEO of Raf Properties?
Jennifer Woodford is the Trustee of Raf Properties.
What is the revenue of Raf Properties?
Raf Properties's revenue in 2022 was $407,620.
Who are the executives of Raf Properties and what are their salaries?
There 7 volunteers at Raf Properties.
Here are 8 key members and their salaries:
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- Related: $144,545
- Other: $8,996
Where can I find the form 990 for Raf Properties?
Raf Properties's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Raf Properties
Raf Properties is an organization dedicated to managing and distributing real property. Its primary mission is to receive, hold, administer, and dispose of any real estate that is gifted to it or obtained in other ways. The ultimate goal of Raf Properties is to utilize this property for the benefit of the Rochester Area Foundation. This involves disposing of the property through various means to contribute to the foundation's objectives.
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Impact
October, 2024
Raf Properties plays a vital role in enhancing the philanthropic landscape of the Rochester area. By receiving, holding, administering, and disbursing real property, Raf Properties ensures that valuable assets are utilized effectively to benefit the community. The organization manages properties transferred through gifts or other means, ensuring that these assets are preserved and utilized for the greater good. This approach allows for the strategic disposition of real estate, directly impacting the financial resources available for various initiatives within the Rochester Area Foundation.
Through its activities, Raf Properties contributes to local development, community support, and overall economic growth in Rochester, MN. The thoughtful management of real estate fosters opportunities for projects that can improve the community's quality of life, address pressing social issues, and support educational or cultural endeavors. By leveraging real property for philanthropic purposes, Raf Properties has a significant impact on the Rochester community, promoting sustainable growth and enhancing the lives of its residents.
This information is meant to be a general summary of Raf Properties. 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.
- Gross Receipts: $407,620
Assets and Liabilities:
- Total Assets: -$413
- Total Liabilities: $400
- Net Assets: -$813
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Organization Details
Founding Year
1995
Phone
(507) 282-0203Principal Officer
Jennifer Woodford
Main Address
12 ELTON HILLS DRIVE NW, ROCHESTER, MN, 55901
NTEE Category
Code: T11 - Philanthropy
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