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Real Chances Inc

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

EIN: 452746324 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Real Chances Inc?

Real Chances Inc is a nonprofit organization situated in Richmond, Virginia, at 2916 Chamberlayne Avenue. Their primary mission is to support individuals who are affected by homelessness, poverty, mental illness, and prior incarceration. They accomplish this through various programs, including RUMI, which focuses on workforce development, and Chamberbrook, geared towards community engagement and development. Real Chances Inc also recognizes the importance of nutritious food and overall health, continuing their partnership with Glenwood Farms to cook and deliver approximately half a million meals. In collaboration with Homeward and the City of Richmond, they provide housing and supportive services to nearly 800 homeless individuals, with 186 successfully transitioning to permanent housing. Additionally, Real Chances Inc encourages community participation and entrepreneurship among the individuals they serve through their development and marketplace entrepreneurship programs.

Is Real Chances Inc legitimate?

Real Chances Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Real Chances 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: $76,090

For more financial information, click here

What is the mission statement of Real Chances Inc?

Real Chances Inc is committed to providing supports and services to individuals who are marginalized due to homelessness, poverty, mental illness, and prior incarceration. Their primary programs include Rumi, the Workforce Development Program, and Chamberbrook, the Community Engagement and Development Program. Through these initiatives, they aim to assist these individuals in overcoming their challenges and integrating back into society. The organization has partnered with local organizations to provide housing and supportive services to nearly 800 homeless individuals, transitioning 186 of them to permanent housing. In addition, Real Chances continues its community engagement and entrepreneurship programs, encouraging participation and entrepreneurship among the people they serve. Recognizing the importance of nutrition and healthy living, they also collaborate with Glenwood Farms to provide meals for their clients.

Who is the CEO of Real Chances Inc?

Aisha Bullard is the Executive Director of Real Chances Inc.

What is the revenue of Real Chances Inc?

Real Chances Inc's revenue in 2022 was $148,302.

Who are the executives of Real Chances Inc and what are their salaries?


There is 1 key member and their salary:


Aisha Bullard (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Real Chances Inc?

Real Chances Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Real Chances Inc

Real Chances Inc, a nonprofit organization, is dedicated to providing supports and services to individuals who find themselves on the margins due to factors such as homelessness, poverty, mental illness, and prior incarceration. The primary programs that Real Chances Inc offers include RUMI, a workforce development program, and Chamberbrook, a community engagement and development program.

The mission of Real Chances Inc is to support and empower these individuals, aiming to help them overcome the challenges they face and improve their lives. Through partnerships with organizations like Homeward and the City of Richmond, Real Chances Inc provides housing and shelter, as well as supportive services, to nearly 800 homeless individuals. This includes helping 186 RVA residents transition to permanent housing.

Beyond housing and shelter, Real Chances Inc also focuses on community engagement and development. Through programs such as the Chamberbrook initiative, the organization encourages participation and entrepreneurship among the people it serves. Recognizing the importance of good food and healthy living, Real Chances Inc also continues its work with Glenwood Farms, cooking and delivering approximately 1/2 million meals to its clients.

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Impact




October, 2024

Real Chances Inc has made a significant impact in Richmond, VA, by providing crucial support and services to individuals affected by homelessness, poverty, mental illness, and prior incarceration. The organization operates primary programs such as RUMI, which focuses on workforce development, and Chamberbrook, dedicated to community engagement and development.

By partnering with Homeward and the City of Richmond, Real Chances has successfully provided housing and shelter services to nearly 800 homeless individuals, with 186 residents transitioning to permanent housing. This direct intervention promotes stability and a pathway out of homelessness for those it serves.

In the area of workforce development, Real Chances has facilitated training programs that empower participants to gain employment, thereby improving their economic conditions. This initiative is complemented by the Chamberbrook program, which fosters community participation and entrepreneurship among clients, helping to build a stronger, more resilient community.

Furthermore, recognizing the integral role of nutrition and health in the lives of its clients, Real Chances has collaborated with Glenwood Farms to prepare and deliver approximately half a million meals. This effort ensures access to nutritious food, which is vital for the well-being of individuals living on the margins.

Overall, Real Chances Inc's comprehensive approach addresses the multifaceted challenges faced by vulnerable populations, empowering them toward self-sufficiency and enhancing the quality of life within the Richmond community.




This information is meant to be a general summary of Real Chances 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
$148,302 (2022)
Expenses
$333,345 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $38,794
  • Gross Receipts: $148,302

Assets and Liabilities:

  • Total Assets: $25,495
  • Total Liabilities: $1,323,606
  • Net Assets: -$1,298,111

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Programs

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

HOMEWARD SERVICES

Revenue

$38,794

Organization Details

Founding Year

2020

Principal Officer

Aisha Bullard

Main Address

2916 CHAMBERLAYNE AVENUE, RICHMOND, VA, 23222

NTEE Category

Code: P20 - Human services

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