Overview
What is Riverside Elderly Development Corp?
Riverside Elderly Development Corp is a nonprofit organization committed to offering affordable housing solutions to elderly and disabled individuals with low to moderate incomes. They provide 30 apartments, charging rent based on an individual's income through a sliding fee scale. This approach ensures that housing remains accessible to those who need it most, making a significant impact on their living conditions. The organization's mission is centered around housing, providing a safe and comfortable living space for its residents.
Is Riverside Elderly Development Corp legitimate?
Riverside Elderly Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Riverside Elderly Development Corp submitted a form 990EZ, 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.
What is the mission statement of Riverside Elderly Development Corp?
The Riverside Elderly Development Corp is dedicated to offering housing solutions for low to moderate income elderly and disabled individuals. They provide 30 apartments on a sliding fee scale, ensuring affordability for their residents. The organization's primary mission is to cater to the housing needs of this specific demographic, aiming to make living accommodations accessible for a wide range of income levels.
Who is the CEO of Riverside Elderly Development Corp?
Jeanine Thurston is the Executive Director of Riverside Elderly Development Corp.
What is the revenue of Riverside Elderly Development Corp?
Riverside Elderly Development Corp's revenue in 2022 was $150,561.
Who are the executives of Riverside Elderly Development Corp and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Riverside Elderly Development Corp?
Riverside Elderly Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Riverside Elderly Development Corp
Riverside Elderly Development Corp is an organization dedicated to providing affordable housing for low to moderate income elderly and disabled individuals. The corporation offers 30 apartments on a sliding fee scale, ensuring that the cost of living is within reach for those in need. By offering housing on a sliding fee scale, Riverside Elderly Development Corp is committed to making a positive impact in the lives of its residents, providing them with a safe and secure living environment. The organization's mission is to support the elderly and disabled population, ensuring that they have access to affordable housing and can maintain their independence and dignity. Through its housing services, Riverside Elderly Development Corp contributes to the well-being of its community by providing a stable and supportive living environment for its residents.
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Impact
October, 2024
Riverside Elderly Development Corp significantly impacts the community by providing essential housing for low to moderate income elderly and disabled individuals in West Liberty, IA. By offering 30 apartments on a sliding fee scale, the organization ensures that vulnerable populations have access to affordable living options, which can dramatically improve their quality of life. This support not only addresses immediate housing needs but also fosters stability, dignity, and independence among residents. The organization's commitment to serving these groups helps alleviate financial strain, promoting a more inclusive and supportive community environment.
This information is meant to be a general summary of Riverside Elderly Development Corp. 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: $23
- Program Service Revenue: $150,538
- Gross Receipts: $150,561
Assets and Liabilities:
- Total Assets: $292,825
- Total Liabilities: $200,855
- Net Assets: $91,970
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Organization Details
Phone
(319) 627-2626Principal Officer
Jeanine Thurston
Main Address
PO Box 123, West Liberty, IA, 52776
NTEE Category
Code: L22 - Housing
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