Romark Corporation

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

EIN: 521614901 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Romark Corporation?

Romark Corporation is a non-profit organization based in Takoma Park, Washington, D.C., specifically recognized for its involvement in the rental housing sector. Under the National Housing Act, the organization runs a project called Youth in Transition, which offers subsidized residential accommodations. The project caters to individuals receiving mental health services, providing them with six units of housing. Romark Corporation's mission is geared towards supporting vulnerable populations, making a significant contribution to the community by facilitating their stable housing and integrating them into society.

Is Romark Corporation legitimate?

Romark Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Romark Corporation 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 Romark Corporation?

Romark Corporation's mission revolves around providing subsidized residential housing for individuals receiving mental health services. Under the auspices of Section 811 of the National Housing Act, they operate a project known as Youth in Transition, which comprises six units. The project is designed to offer a supportive living environment for these individuals, located in Takoma Park, Washington, D.C. In essence, Romark Corporation focuses on bridging the housing gap for those in need of mental health services, ensuring they can maintain stable and secure living arrangements.

Who is the CEO of Romark Corporation?

Mark Smith is the Vice President of Romark Corporation. The CEO's salary of Romark Corporation is $0 and their total compensation is $0.

What is the revenue of Romark Corporation?

Romark Corporation's revenue in 2022 was $114,041.

Who are the executives of Romark Corporation and what are their salaries?


Here are 4 key members and their salaries (Romark Corporation's CEO's salary is $0 and their total compensation is $0):


Maxine Harris (Pres/Secr/Tre/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Scotchmer (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Cullinan (Chief Administrative Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Romark Corporation?

Romark Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Romark Corporation

Romark Corporation, a notable entity, is dedicated to offering subsidized residential housing for individuals receiving mental health services. With a project named Youth in Transition, Romark provides six units of housing in a suitable environment. This project, located under Section 811 of the National Housing Act, is strategically designed to cater to consumers in need of such services. The corporation's mission thus revolves around facilitating housing for vulnerable individuals, thereby contributing to their overall well-being and rehabilitation.

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Impact




June, 2024

Romark Corporation's impact is significant in providing subsidized residential housing for consumers receiving mental health services. Through its rental housing project, Youth in Transition, Romark Corporation offers six units located in Takoma Park in Washington, DC, under Section 811 of the National Housing Act. This initiative plays a crucial role in supporting individuals in need of mental health services by offering them stable and affordable housing options.




This information is meant to be a general summary of Romark Corporation. 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
$114,041 (2022)
201120122013201420152016201720182019202020212022$0$35,000$70,000$105k$140k
Expenses
$95,236 (2022)
201120122013201420152016201720182019202020212022$0$35,000$70,000$105k$140k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $114,035
  • Gross Receipts: $114,041

Assets and Liabilities:

  • Total Assets: $213,361
  • Total Liabilities: $657,638
  • Net Assets: -$444,277

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Organization Details

Principal Officer

Mark Smith

Main Address

801 PENNSYLVANIA AVENUE SE 200, WASHINGTON, DC, 20003

NTEE Category

Code: F80 - Mental health

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