Overview
What is Palmyra Rural Rental Housing Inc?
Palmyra Rural Rental Housing Inc is a nonprofit organization situated in Palmyra, Missouri. Their primary mission is to offer affordable housing solutions for elderly individuals residing in northeast Missouri. With a modest workforce of just two employees, they are committed to this essential cause. The organization's activities revolve around providing affordable housing for senior citizens, ensuring they can live comfortably and securely in their community.
Is Palmyra Rural Rental Housing Inc legitimate?
Palmyra Rural Rental Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Palmyra Rural Rental Housing 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: $15,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,471
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What is the mission statement of Palmyra Rural Rental Housing Inc?
Palmyra Rural Rental Housing Inc's mission is centered around providing affordable housing for elderly individuals. This organization strives to make housing accessible for senior citizens residing in Northeast Missouri. By offering affordable housing options, they aim to contribute positively to the lives of elderly individuals in the community, ensuring they have a secure and comfortable living space.
Who is the CEO of Palmyra Rural Rental Housing Inc?
Shelley Smith is the President of Palmyra Rural Rental Housing Inc.
What is the revenue of Palmyra Rural Rental Housing Inc?
Palmyra Rural Rental Housing Inc's revenue in 2022 was $173,739.
Who are the executives of Palmyra Rural Rental Housing Inc and what are their salaries?
The average compensation at Palmyra Rural Rental Housing Inc during 2022 was $16,038. There are 2 employees and 6 volunteers at Palmyra Rural Rental Housing Inc.
Here are 7 key members and their salaries:
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- Compensation: $15,606
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- Other: $0
Where can I find the form 990 for Palmyra Rural Rental Housing Inc?
Palmyra Rural Rental Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palmyra Rural Rental Housing Inc
Palmyra Rural Rental Housing Inc, a nonprofit organization, is committed to providing affordable housing for senior citizens in Northeast Missouri. Their primary mission is to ensure that elderly individuals in this region have access to reasonably priced housing options. By offering affordable housing, Palmyra Rural Rental Housing Inc aims to contribute to the well-being and independence of elderly individuals, enabling them to live with dignity and comfort. This mission is a vital service, particularly in Northeast Missouri, where the availability and affordability of housing for the elderly can be challenging.
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Impact
October, 2024
Palmyra Rural Rental Housing Inc significantly enhances the quality of life for elderly individuals in Northeast Missouri by providing them with affordable housing options. By focusing on this demographic, the organization addresses a critical need, ensuring that senior citizens have access to safe and stable living environments.
This initiative not only alleviates financial burdens but also fosters a sense of community among residents, contributing to their overall well-being. By positioning itself in Palmyra, the organization plays a pivotal role in supporting the local economy and addressing the specific housing needs of the aging population. Ultimately, the impact of Palmyra Rural Rental Housing Inc extends beyond shelter; it promotes dignity, independence, and a better quality of life for seniors in the region.
This information is meant to be a general summary of Palmyra Rural Rental Housing 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: $47
- Program Service Revenue: $161,110
- Gross Receipts: $173,739
Assets and Liabilities:
- Total Assets: $288,299
- Total Liabilities: $104,795
- Net Assets: $183,504
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$148,069
RENTAL ASSISTANCE
Revenue
$13,041
Organization Details
Founding Year
1972
Phone
(573) 245-9456Principal Officer
Shelley Smith
Main Address
PO BOX 368, PALMYRA, MO, 63461
NTEE Category
Code: L22 - Housing
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