Renting Partnerships

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

EIN: 464240090 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Renting Partnerships?

Renting Partnerships is a 501(c)(3) nonprofit organization situated in Cincinnati, Ohio. Their primary mission is to develop and manage low-income housing communities, ensuring affordability through funding reserves and stewardship for residents. To accomplish this, Renting Partnerships encourages self-help housing, enabling low-income renters to improve their lives by participating in cooperative maintenance and management. This approach fosters personal growth in various aspects, including physical, intellectual, spiritual, and financial stability. By taking part in this program, resident households can earn financial credits, increasing their home affordability over time.


Official website here: www.rentingpartnerships.org

Is Renting Partnerships legitimate?

Renting Partnerships is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renting Partnerships 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: $0

For more financial information, click here


Official website here: www.rentingpartnerships.org

What is the mission statement of Renting Partnerships?

Renting Partnerships, as a 501(c)(3) charitable organization, aims to establish self-help housing communities for low-income renters. The mission of Renting Partnerships is to enable these individuals to achieve stability and growth in various aspects of their lives, including physical, intellectual, spiritual, and financial well-being. This is accomplished by encouraging residents to participate in cooperative management and maintenance of the housing communities. By doing so, Renting Partnerships ensures that housing remains permanently affordable and offers services that generate financial credits, or rental equity, for the resident households.


Official website here: www.rentingpartnerships.org

Who is the CEO of Renting Partnerships?

Margery Spinney is the President of Renting Partnerships.


Official website here: www.rentingpartnerships.org

What is the revenue of Renting Partnerships?

Renting Partnerships's revenue in 2022 was $73,546.


Official website here: www.rentingpartnerships.org

Who are the executives of Renting Partnerships and what are their salaries?

There 6 volunteers at Renting Partnerships.


Here are 5 key members and their salaries:


Carol Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margery Spinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Barker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosetta Ferrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Williamston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rentingpartnerships.org

Where can I find the form 990 for Renting Partnerships?

Renting Partnerships's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rentingpartnerships.org

Learn more at the official website: www.rentingpartnerships.org

Mission Statement of Renting Partnerships

Renting Partnerships, a 501(c)(3) charitable organization, is committed to establishing self-help housing communities. Their mission is to empower low-income renters by providing them with an opportunity to stabilize and grow in various aspects of life. This is achieved through active participation in cooperative management and maintenance of these housing communities. By doing so, renters can improve their physical, intellectual, spiritual, and financial well-being. Furthermore, Renting Partnerships ensures that the housing remains permanently affordable for these residents. A significant aspect of their mission is the implementation of a cooperative management program that provides financial credits, referred to as rental equity, to resident households. These credits serve as an incentive, encouraging homeowners to actively participate in the upkeep and management of their communities, thereby fostering a sense of community and personal growth.

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Impact




August, 2024

Renting Partnerships impact is profound in the community, as it plays a crucial role in developing self-help housing communities that enable low-income renters to stabilize and thrive physically, intellectually, spiritually, and financially. By involving residents in cooperative management and upkeep, Renting Partnerships not only ensures the long-term affordability of housing but also empowers individuals to take ownership of their living spaces.

This approach not only provides affordable housing but also fosters a sense of community and self-reliance among residents. Through their cooperative management program, Renting Partnerships creates financial credits for households, thus promoting financial stability and independence among low-income individuals.

Overall, Renting Partnerships is making a significant impact by offering more than just housing; it is creating opportunities for personal growth, financial empowerment, and community building among low-income renters in Cincinnati, Ohio.




This information is meant to be a general summary of Renting Partnerships. 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
$73,546 (2022)
Expenses
$73,546 (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: $46,046
  • Gross Receipts: $73,546

Assets and Liabilities:

  • Total Assets: $612,559
  • Total Liabilities: $417,426
  • Net Assets: $195,133

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Programs

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

531110

Revenue

$46,046

Organization Details

Founding Year

2014

Principal Officer

Margery Spinney

Main Address

215 E 14th Street, Cincinnati, OH, 45202

NTEE Category

Code: Z99 - Unknown

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