Overview
What is The Russell House Inc?
The Russell House Inc, established in 1979, is a Virginia-based nonprofit corporation. Its primary mission is to construct and manage an apartment project, specifically designed for the elderly and disabled individuals with limited financial resources. This project adheres to Section 202 of the National Housing Act and receives Section 8 rental assistance from the HUD. The organization's primary goal is to provide suitable housing for this specific demographic, ensuring they have a safe and comfortable living environment.
Is The Russell House Inc legitimate?
The Russell House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Russell House 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $387,804
For more financial information, click here
Mission Statement of The Russell House Inc
The Russell House Inc, a non-profit organization, is dedicated to providing housing solutions for elderly and disabled individuals with limited financial resources. Established in 1979, the organization operates an apartment project under Section 202 of the National Housing Act. This project serves as a refuge for these individuals, offering them a place to call home. The Russell House Inc receives Section 8 rental assistance from the HUD, ensuring that the rent remains affordable for its residents. The organization's mission is to provide a safe and supportive living environment for these vulnerable individuals, enabling them to live with dignity and independence.
Impact
This information is meant to be a general summary of The Russell House Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Russell House Inc's impact lies in providing affordable housing for elderly and disabled individuals with limited financial resources. Through its operation of a 119-unit apartment project in Virginia Beach, the organization serves a critical need in the community by offering a safe and supportive living environment for those in need. By leveraging Section 202 of the National Housing Act and receiving Section 8 rental assistance from HUD, The Russell House Inc plays a significant role in addressing housing insecurity among vulnerable populations, promoting well-being and stability for its residents.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME TENANTS
Revenue
$425,137
LAUNDRY/VENDING INCOME
Revenue
$13,157
OTHER INCOME
Revenue
$3,751
Organization Details
Founding Year
1978
Phone
(757) 481-0770
Principal Officer
Jeffrey Betcher
Main Address
900 FIRST COLONIAL ROAD, VIRGINIA BEACH, VA, 23454
NTEE Category
Code: L22 - Housing
If you are a representative of The Russell House Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.