Overview
What is Raleigh Inter-Church Housing Corporation (Rich Park Apartments)?
Raleigh Inter-Church Housing Corporation, specifically known for its Rich Park Apartments, is a nonprofit organization situated in Raleigh, North Carolina. Their primary mission is to provide affordable housing solutions for individuals with limited income. They accomplish this by operating a 100-unit apartment complex situated at 555 Method Road. This public housing facility serves as a home for those in need, offering them a place to reside in a secure and supportive environment.
Is Raleigh Inter-Church Housing Corporation (Rich Park Apartments) legitimate?
Raleigh Inter-Church Housing Corporation (Rich Park Apartments) is a legitimate nonprofit organization registered as a 501(c)(4) entity. Raleigh Inter-Church Housing Corporation (Rich Park Apartments) 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.
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What is the mission statement of Raleigh Inter-Church Housing Corporation (Rich Park Apartments)?
The Raleigh Inter-Church Housing Corporation is dedicated to providing low-income housing solutions. They achieve this by operating a public housing facility, offering rental units to individuals with financial constraints. Their mission is centered around making housing accessible to those in need, thereby contributing to a more inclusive community. The corporation operates a 100-unit apartment complex as part of its initiatives, providing a place of residence for individuals who require affordable housing options.
Who is the CEO of Raleigh Inter-Church Housing Corporation (Rich Park Apartments)?
Joyce Pollack is the Director of Raleigh Inter-Church Housing Corporation (Rich Park Apartments).
What is the revenue of Raleigh Inter-Church Housing Corporation (Rich Park Apartments)?
Raleigh Inter-Church Housing Corporation (Rich Park Apartments)'s revenue in 2023 was $814,102.
Who are the executives of Raleigh Inter-Church Housing Corporation (Rich Park Apartments) and what are their salaries?
There 19 volunteers at Raleigh Inter-Church Housing Corporation (Rich Park Apartments).
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Where can I find the form 990 for Raleigh Inter-Church Housing Corporation (Rich Park Apartments)?
Raleigh Inter-Church Housing Corporation (Rich Park Apartments)'s most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Raleigh Inter-Church Housing Corporation (Rich Park Apartments)
Raleigh Inter-Church Housing Corporation, commonly known as Rich Park Apartments, is a nonprofit organization dedicated to providing low-income housing solutions. Their primary mission is to offer rental accommodation to individuals who fall within this income bracket. Operating a 100-unit apartment complex, this housing corporation provides a much-needed service, creating a community where individuals with limited financial means can call home. By offering affordable housing, Raleigh Inter-Church Housing Corporation contributes significantly to the well-being of its residents, enabling them to focus on other aspects of their lives without the added stress of housing insecurity.
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Impact
October, 2024
Raleigh Inter-Church Housing Corporation (Rich Park Apartments) significantly impacts the community by providing essential low-income housing options for individuals and families in need. Located at 555 Method Road in Raleigh, NC, this facility features a 100-unit apartment complex that offers affordable rental opportunities. By addressing the housing crisis and ensuring that low-income residents have access to stable living conditions, they contribute to the overall well-being of the community. This initiative not only helps alleviate financial burdens on vulnerable populations but also fosters a sense of stability and belonging, ultimately promoting healthier, more resilient neighborhoods.
This information is meant to be a general summary of Raleigh Inter-Church Housing Corporation (Rich Park Apartments). 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,058
- Program Service Revenue: $810,309
- Gross Receipts: $814,102
Assets and Liabilities:
- Total Assets: $3,419,369
- Total Liabilities: $3,493,653
- Net Assets: -$74,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL PAYMENTS
Revenue
$794,557
TENANT CHARGES
Revenue
$13,006
LOST RENTS - INSURANCE
Revenue
$2,145
LAUNDRY AND VENDING RE
Revenue
$601
Organization Details
Founding Year
1968
Phone
(919) 833-8891Principal Officer
Joyce Pollack
Main Address
555 METHOD ROAD, RALEIGH, NC, 27607
NTEE Category
Code: L80 - Housing
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