Overview
What is Sioux Rapids Retirement Homes?
Sioux Rapids Retirement Homes is a nonprofit organization situated in Sioux Rapids, Iowa. Its primary focus is on offering affordable and safe housing options for the elderly, disabled, and families within the community. The organization adheres to a mission of providing such housing, with rent set at a manageable 30% of an applicant's annual income. USDA/Rural Development plays a crucial role in supporting this initiative by subsidizing the remaining cost, making it possible for 24 families to secure a home within Sioux Rapids Retirement Homes.
Is Sioux Rapids Retirement Homes legitimate?
Sioux Rapids Retirement Homes is a legitimate nonprofit organization registered as a 501(c)(4) entity. Sioux Rapids Retirement Homes 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Sioux Rapids Retirement Homes?
Sioux Rapids Retirement Homes is committed to providing safe and affordable housing options for the elderly, disabled, and eligible families. The organization's mission is achieved by determining rent based on 30% of an applicant's annual income, with the remaining balance subsidized by USDA/Rural Development. This subsidy has enabled 24 families to secure a home within the organization, ensuring they have a place to reside in a comfortable and secure environment.
What is the revenue of Sioux Rapids Retirement Homes?
Sioux Rapids Retirement Homes's revenue in 2024 was $140,291.
Who are the executives of Sioux Rapids Retirement Homes and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Sioux Rapids Retirement Homes?
Sioux Rapids Retirement Homes's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Sioux Rapids Retirement Homes
Sioux Rapids Retirement Homes, as a nonprofit organization, is committed to providing safe and affordable housing options for the elderly, disabled, and families in need. Their mission is centered around offering low-rent accommodations, with the rent being determined based on a maximum of 30% of an applicant's annual income. The organization is supported by USDA/Rural Development subsidies, which help cover the remaining expenses, enabling 24 families to secure a residence within Sioux Rapids Retirement Homes. This dedication to providing affordable housing options allows vulnerable individuals and families to live in a secure environment, thereby enhancing their overall well-being.
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Impact
October, 2024
Sioux Rapids Retirement Homes plays a vital role in the community by providing safe and affordable housing for the elderly, disabled individuals, and families in Sioux Rapids, Iowa. By offering low rent options based on just 30% of an applicant's yearly income, the organization ensures that financial constraints do not bar vulnerable populations from having a stable place to live. The support from USDA/Rural Development subsidies further enhances their capability, allowing 24 families to find homes that meet their needs. This initiative not only fosters community stability but also contributes to the overall well-being of residents, enabling them to thrive in a supportive environment. The impact of Sioux Rapids Retirement Homes extends beyond housing, promoting dignity and independence for its residents while helping to strengthen the fabric of the community.
This information is meant to be a general summary of Sioux Rapids Retirement Homes. 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 2024.
- Investment Income: $91
- Program Service Revenue: $137,145
- Gross Receipts: $140,291
Assets and Liabilities:
- Total Assets: $76,073
- Total Liabilities: $56,242
- Net Assets: $19,831
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Organization Details
Principal Officer
Ginny Smith
NTEE Category
Code: L22Z - Housing
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