Overview
What is Reinbeck Community Homes Inc?
Reinbeck Community Homes Inc is a nonprofit organization situated in Reinbeck, Iowa, dedicated to offering affordable and safe housing options for the elderly, disabled, and families. Their mission revolves around providing a secure living environment, and they accomplish this by setting rent at 30% of the applicant's annual income, with the remaining amount subsidized by USDA/Rural Development. As a result of their efforts, this organization has successfully assisted 20 families in finding suitable shelter.
Is Reinbeck Community Homes Inc legitimate?
Reinbeck Community Homes Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Reinbeck Community Homes Inc 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 Reinbeck Community Homes Inc?
Reinbeck Community Homes Inc's mission is centered around providing affordable and safe housing for elderly individuals, disabled persons, and families. The organization strives to achieve this goal by offering rental units where the rent is determined by a maximum of 30% of the tenant's annual income, with the remaining balance subsidized by USDA/Rural Development. This subsidized housing system has enabled 20 families to secure shelter within their community.
Who is the CEO of Reinbeck Community Homes Inc?
Sandi Rannfeldt is the President of Reinbeck Community Homes Inc.
What is the revenue of Reinbeck Community Homes Inc?
Reinbeck Community Homes Inc's revenue in 2022 was $88,444.
Who are the executives of Reinbeck Community Homes Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Reinbeck Community Homes Inc?
Reinbeck Community Homes Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Reinbeck Community Homes Inc
Reinbeck Community Homes Inc, a nonprofit organization, is committed to providing a mission that prioritizes the needs of the elderly, disabled, and families in need of affordable housing. Their primary objective is to offer safe and reasonably priced dwellings within their scope, ensuring that a significant number of families can secure shelter. The rent charges are calculated based on 30% of an individual's annual income, with the remaining balance being subsidized by USDA/Rural Development. As a result of Reinbeck Community Homes Inc's efforts, over twenty families have been able to find a secure place to call home.
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Impact
October, 2024
Reinbeck Community Homes Inc has made a significant impact by providing low-rent housing for elderly individuals, disabled persons, and families in Reinbeck, Iowa. Through its mission to ensure safe and affordable housing, the organization has transformed the lives of many residents, allowing them to allocate only 30% of their yearly income towards rent. The remaining costs are subsidized by USDA/Rural Development, making housing more accessible for those in need.
As a result of its efforts, Reinbeck Community Homes has successfully enabled 20 families to secure stable shelter. This contribution not only addresses immediate housing needs but also fosters a sense of community and stability for its residents, allowing them to thrive in a supportive environment. The organization's work is essential in combating housing insecurity and improving the quality of life for vulnerable populations in the area.
This information is meant to be a general summary of Reinbeck Community Homes 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 2022.
- Investment Income: $14
- Program Service Revenue: $86,596
- Gross Receipts: $88,444
Assets and Liabilities:
- Total Assets: $122,453
- Total Liabilities: $41,259
- Net Assets: $81,194
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Organization Details
Phone
(515) 295-2927Principal Officer
Sandi Rannfeldt
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: L22 - Housing
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