Galt Rental Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431271234 ✦ Galt, MO ✦ Designated as a 501(c)(4)

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Overview

What is Galt Rental Housing Inc?

Galt Rental Housing Inc, situated in Galt, Missouri, is a nonprofit organization with a singular mission: to cater to the housing needs of senior and low-income citizens. Their primary focus is providing suitable rental units, and they are dedicated to this cause solely. The organization's location in Galt, MO, underscores their commitment to serving their local community.

Is Galt Rental Housing Inc legitimate?

Galt Rental Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Galt Rental Housing 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 Galt Rental Housing Inc?

Galt Rental Housing Inc. is committed to serving senior and low-income citizens by providing them with suitable rental units. The organization's primary focus is to achieve this mission, which is its sole exempt purpose. By offering rental units, it aims to contribute positively to the lives of those who may otherwise have limited housing options. The organization's location is not specified in the provided data, but its dedication to this cause remains clear.

Who is the CEO of Galt Rental Housing Inc?

Mary H Richardson is the Secretary of Galt Rental Housing Inc.

What is the revenue of Galt Rental Housing Inc?

Galt Rental Housing Inc's revenue in 2022 was $53,223.

Who are the executives of Galt Rental Housing Inc and what are their salaries?


Here are 4 key members and their salaries:


Chris Bonnett (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary H Richardson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Searcy (Treasurer Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Westergaard (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Galt Rental Housing Inc?

Galt Rental Housing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Galt Rental Housing Inc

Galt Rental Housing Inc, a nonprofit organization, is dedicated to fulfilling its mission of providing suitable rental units for senior and low-income citizens. This mission is the organization's sole focus, with the aim of making a positive impact on the lives of those in need. Galt Rental Housing Inc strives to meet this goal by offering rental units that are tailored to the needs of its target demographic, ensuring that they have access to safe and affordable housing. The organization's exempt purpose is solely centered around this vital mission, demonstrating its commitment to improving the living conditions of its community.

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Impact




October, 2024

Galt Rental Housing Inc significantly impacts the community by ensuring that senior and low-income citizens have access to suitable rental units. By addressing the housing needs of these vulnerable populations, the organization plays a vital role in promoting stability, comfort, and dignity for residents in Galt, MO. The availability of affordable housing options helps alleviate the financial burden on low-income families and seniors, allowing them to focus on other essential aspects of their lives, such as healthcare and daily living expenses. This initiative not only improves individual lives but also fosters a sense of community, contributing to the overall well-being of the Galt area.




This information is meant to be a general summary of Galt 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.

Revenue
$53,223 (2022)
Expenses
$57,706 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19
  • Program Service Revenue: $47,111
  • Gross Receipts: $53,223

Assets and Liabilities:

  • Total Assets: $46,679
  • Total Liabilities: $52,217
  • Net Assets: -$5,538

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Organization Details

Principal Officer

Mary H Richardson

Main Address

404 SOUTH ELM ST APT D1, GALT, MO, 64641

NTEE Category

Code: L22 - Housing

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