Overview
What is Redeemer Center For Life Inc?
Redeemer Center For Life Inc, situated in Minneapolis, Minnesota, is a dedicated nonprofit organization. Its primary mission is to foster a vibrant community in the Harrison neighborhood and wider North Minneapolis by serving as a beacon of hope and transformation. The center provides attainable housing, catering to an area with high demand. They manage 26 living units, including efficiencies, multi-bedroom apartments, and a single-family house. In 2021, they accommodated 54 individuals, including three families and six children, maintaining a 100% occupancy rate. In response to the uncertainties brought by COVID-19, they established an emergency rent fund within their budget to cover any unpaid rent due to layoffs resulting from the pandemic. Their workforce comprises 40 dedicated employees, contributing to the betterment of their community.
Official website here: www.redeemercenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Redeemer Center For Life Inc has received a commendable rating of 94% from Charity Navigator, highlighting its solid performance in accountability and finance. This rating reflects the charity's commitment to maintaining transparency and responsible financial practices, as evidenced by the perfect scores across multiple governance aspects, including an independent board and no asset diversions.
User feedback from Great Nonprofits emphasizes the organization's positive impact in the Harrison neighborhood of Minneapolis. A volunteer described Redeemer Center for Life as a dedicated entity with a strong integrity, working tirelessly to uplift a community often overlooked. This suggests that the organization not only adheres to financial accountability but also engages meaningfully with the local population.
While the organization excels in governance and community engagement, there may be areas for improvement, particularly in its program expense ratio, which received a score that indicates there's room for better resource allocation. Nonetheless, the overall positive reviews and high accountability rating underscore Redeemer Center For Life's significant contributions to its community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Redeemer Center For Life Inc legitimate?
Redeemer Center For Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redeemer Center For Life 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: $141,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $385,075
For more financial information, click here
Official website here: www.redeemercenter.org
What is the mission statement of Redeemer Center For Life Inc?
Redeemer Center For Life Inc's mission is to serve as a catalyst for hope and transformation, striving to preserve a lively community in a wider area beyond the Harrison Neighborhood. The organization aims to achieve this by acting as an agent of change, working towards the betterment of the community. In line with its mission, Redeemer Center For Life Inc provides affordable housing in an area where it is greatly needed. The center manages 26 living units, including efficiencies, multi-bedroom apartments, and a single-family house. In 2021, the center housed 54 individuals, including three families and six children, maintaining a 100% occupancy rate. In response to the uncertainties brought about by COVID-19, Redeemer Center For Life Inc established an emergency rent fund within its budget to cover any rent payments that may be missed due to layoffs resulting from the pandemic.
Official website here: www.redeemercenter.org
Who is the CEO of Redeemer Center For Life Inc?
Steve Gurney is the Executive Director of Redeemer Center For Life Inc.
Official website here: www.redeemercenter.org
What is the revenue of Redeemer Center For Life Inc?
Redeemer Center For Life Inc's revenue in 2021 was $1,089,061.
Official website here: www.redeemercenter.org
Who are the executives of Redeemer Center For Life Inc and what are their salaries?
The average compensation at Redeemer Center For Life Inc during 2021 was $13,153. There are 40 employees and 15 volunteers at Redeemer Center For Life Inc.
Here are 16 key members and their salaries:
- Compensation: $100,000
- Related: $0
- Other: $3,696
- Compensation: $33,333
- Related: $0
- Other: $4,003
- Compensation: $0
- 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
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.redeemercenter.org
Where can I find the form 990 for Redeemer Center For Life Inc?
Redeemer Center For Life Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.redeemercenter.org
Learn more at the official website: www.redeemercenter.org
Mission Statement of Redeemer Center For Life Inc
Redeemer Center For Life Inc, in its mission, acts as a catalyst for hope and transformation in preserving a vibrant community, not just in the Harrison neighborhood, but also in the broader North Minneapolis area. The organization's primary goal is to provide attainable housing in an area where it is greatly needed. With a portfolio of 26 living units, including 16 efficiency apartments, 7 multi-bedroom apartments, and a single-family house, Redeemer Center For Life Inc successfully housed 54 individuals in 2021, including three families and six children, maintaining a 100% occupancy rate. In response to the uncertainties brought about by the COVID-19 pandemic, the center developed an emergency rent fund within its budget to cover any rent that might go unpaid due to layoffs caused by the virus. In this manner, Redeemer Center For Life Inc continues to serve as a beacon of hope and support in its community, striving to make a positive impact on the lives of its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Redeemer Center For Life Inc's impact can be seen in their efforts to provide attainable housing in the Harrison neighborhood and broader North Minneapolis area. They maintain 26 living units, accommodating a total of 54 individuals including families and children. With a 100% occupancy rate, they are effectively meeting the housing needs of the community. Additionally, their response to the uncertainties brought about by COVID-19, such as developing an emergency rent fund, demonstrates their commitment to supporting individuals facing financial challenges. Through their property management initiatives, Redeemer Center For Life Inc is playing a significant role in preserving a vibrant community and providing hope and transformation for those they serve.
This information is meant to be a general summary of Redeemer Center For Life 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 2021.
- Investment Income: $66
- Gross Receipts: $1,109,432
Assets and Liabilities:
- Total Assets: $2,150,706
- Total Liabilities: $490,995
- Net Assets: $1,659,711
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(612) 377-4476Principal Officer
Steve Gurney
Main Address
1800 GLENWOOD AVENUE NORTH, MINNEAPOLIS, MN, 55405
Website
www.redeemercenter.orgNTEE Category
Code: P28 - Human services
If you are a representative of Redeemer Center For Life Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.