Overview
What is Richland North Inc?
Richland North Inc is a nonprofit organization situated in Chesterfield, South Carolina. Their primary mission is to cater to the needs of individuals with developmental disabilities, enabling them to reside in their own homes if feasible. If home living is not an option, the organization strives to provide a community setting that closely mirrors normal living conditions for their age and abilities. Richland North Inc is dedicated to providing affordable housing for low- and moderate-income handicapped individuals, thereby contributing to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Richland North Inc has earned a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrated a solid commitment to governance, with a fully independent board and no material diversion of assets. The charity's financial health is indicated by a low liabilities to assets ratio of 1.26%, suggesting effective management of resources.
The charity's program expense ratio stands at an impressive 77.97%, which means that a significant portion of its funds is allocated directly to its programs and services. This efficiency in spending aligns with best practices in nonprofit management and indicates a focus on fulfilling its mission. The presence of a conflict of interest policy and documented board meeting minutes further showcases the organization’s dedication to transparency and ethical governance.
While the overall rating is positive, ongoing monitoring of financial practices and program effectiveness will be crucial for maintaining and potentially improving this rating in the future. Continued efforts to enhance operational efficiency and community impact will also be important for Richland North Inc as it seeks to build trust and support from its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Richland North Inc legitimate?
Richland North Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richland North 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: $3,639
For more financial information, click here
What is the mission statement of Richland North Inc?
Richland North Inc's mission is centered around providing affordable housing for individuals with low and moderate incomes who have disabilities. Their primary goal is to enable these individuals to remain in their own homes if feasible and desirable. However, if this is not an option, they aim to provide a community living setting that closely resembles a normal environment for their age and abilities. In essence, Richland North Inc's mission is to enhance the living conditions and independence of individuals with disabilities.
What is the revenue of Richland North Inc?
Richland North Inc's revenue in 2024 was $183,235.
Who are the executives of Richland North Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Richland North Inc?
Richland North Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Richland North Inc
Richland North Inc, a nonprofit organization, is dedicated to serving individuals with developmental disabilities. Its mission is twofold. Firstly, it strives to provide affordable housing options for low and moderate-income handicapped individuals. This ensures that these individuals have a place to call home within their means. Secondly, Richland North Inc aims to allow individuals with developmental disabilities to continue living in their homes if possible and desirable. If this is not feasible, the organization seeks to provide a community living environment that closely resembles normal life for their age and abilities. This approach enables these individuals to maintain a sense of normalcy and independence, enhancing their overall quality of life.
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Impact
October, 2024
Richland North Inc significantly impacts the community by addressing the needs of individuals with developmental disabilities. Their mission focuses on enabling these individuals to remain in their homes whenever possible, thereby promoting independence and a sense of stability. When home-based living isn't feasible, Richland North ensures that residents can transition into community settings that closely resemble typical living environments suited to their age and capabilities. This approach not only enhances the quality of life for disabled persons but also fosters inclusivity within the Chesterfield community. By providing affordable housing options for low and moderate-income individuals with disabilities, Richland North Inc plays a crucial role in supporting vulnerable populations and facilitating their integration into society.
This information is meant to be a general summary of Richland North 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $45
- Program Service Revenue: $50,608
- Gross Receipts: $183,235
Assets and Liabilities:
- Total Assets: $375,821
- Total Liabilities: $4,746
- Net Assets: $371,075
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT RENT REVENUE
Revenue
$50,608
Organization Details
Founding Year
1978
Principal Officer
Billie Stoudemire
NTEE Category
Code: Z99Z - Unknown
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