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Gonzales Independence Homes Inc

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

EIN: 452214227 ✦ Seguin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Gonzales Independence Homes Inc?

Gonzales Independence Homes Inc is a nonprofit organization, established under the laws of Texas, dedicated to providing specialized housing facilities and services for elderly individuals and those with disabilities, including mental illness. The organization operates a 24-unit apartment complex in Gonzales, Texas, regulated by the U.S. Department of Housing and Urban Development (HUD). Their primary mission is to offer affordable housing for mentally disabled individuals, ensuring their health, security, happiness, and overall well-being in their extended living. The charges for these facilities and services are maintained on a non-profit basis, adhering to the provisions of Section 811 of the National Affordable Housing Act.

Is Gonzales Independence Homes Inc legitimate?

Gonzales Independence Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gonzales Independence Homes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,621

For more financial information, click here

What is the mission statement of Gonzales Independence Homes Inc?

Gonzales Independence Homes Inc is organized for charitable and/or educational purposes, with a focus on providing housing facilities and services for elderly persons and individuals with mental disabilities. The corporation, regulated by the U.S. Department of Housing and Urban Development (HUD), operates under Section 811 of the National Affordable Housing Act and prioritizes the well-being, security, happiness, and usefulness of its residents. The charges for these facilities and services are based on the provision, maintenance, and operation on a non-profit basis. The organization aims to make distributions to organizations that qualify as exempt under Section 501(c)(3) of the Internal Revenue Code or any future equivalent section, or to the Secretary of HUD for public purposes.

Who is the CEO of Gonzales Independence Homes Inc?

John Raeke is the President of Gonzales Independence Homes Inc.

What is the revenue of Gonzales Independence Homes Inc?

Gonzales Independence Homes Inc's revenue in 2022 was $292,973.

Who are the executives of Gonzales Independence Homes Inc and what are their salaries?


Here are 3 key members and their salaries:


John Raeke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Compton (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Majorie Malaer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gonzales Independence Homes Inc?

Gonzales Independence Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gonzales Independence Homes Inc

Gonzales Independence Homes Inc, a nonprofit organization, is established with charitable and educational purposes. The corporation's mission is twofold. Firstly, it aims to distribute funds to organizations that qualify as exempt under Section 501(c)(3) of the Internal Revenue Code or the corresponding section in future US internal revenue laws. Secondly, it serves to provide elderly people and individuals with mental illnesses with housing facilities and services specifically designed to cater to their health, security, happiness, and usefulness in longer living. The charges for these facilities and services are maintained on a non-profit basis, adhering to the provisions of Section 811 of the National Affordable Housing Act and being regulated by the U.S. Department of Housing and Urban Development (HUD) with regard to rental charges and operating methods. In essence, Gonzales Independence Homes Inc is dedicated to supporting the housing needs of vulnerable populations, including the elderly and individuals with mental illnesses, in a manner that prioritizes their well-being and quality of life.

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Impact




October, 2024

Gonzales Independence Homes Inc significantly impacts the Gonzales, Texas community by providing specially designed housing and services for elderly individuals and those with mental disabilities. By developing and operating a 24-unit apartment complex, the organization creates a safe and supportive environment tailored to meet the unique needs of these residents.

The focus on health, security, and overall well-being allows residents to experience a greater sense of happiness and usefulness in their daily lives. Operating under the guidelines of the National Affordable Housing Act and regulated by HUD, Gonzales Independence Homes Inc ensures that housing remains affordable while maintaining quality living standards.

Through its commitment to non-profit principles, the organization not only fulfills housing needs but also fosters a sense of community among its residents. This positively influences their mental and emotional well-being, allowing them to thrive in an inclusive environment that respects their dignity and enhances their quality of life.




This information is meant to be a general summary of Gonzales Independence 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.

Revenue
$292,973 (2022)
Expenses
$317,347 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $319
  • Program Service Revenue: $292,654
  • Gross Receipts: $292,973

Assets and Liabilities:

  • Total Assets: $1,120,192
  • Total Liabilities: $1,483,100
  • Net Assets: -$362,908

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$292,654

Organization Details

Founding Year

1995

Principal Officer

John Raeke

Main Address

PO BOX 990, SEGUIN, TX, 78156

NTEE Category

Code: L21 - Housing

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