Overview
What is Resource Foundation?
Resource Foundation is a nonprofit organization with a 20-year history of commitment to providing housing opportunities for individuals with low and moderate incomes. Based in Nashville, Tennessee, they achieved this mission through education, development, and lending programs. Specifically, they offer home ownership opportunities and operate multi-family rental units, ensuring affordable housing remains accessible to those in need. Their efforts have significantly contributed to the housing landscape in the community.
Is Resource Foundation legitimate?
Resource Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resource Foundation 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
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What is the mission statement of Resource Foundation?
The Resource Foundation's mission is centered around providing housing opportunities for individuals with modest to moderate incomes. They accomplish this by operating multi-family rental units. Over the past two decades, the foundation has been dedicated to offering affordable home ownership options and other housing opportunities through educational programs, development initiatives, and lending schemes. Their goal is to contribute positively to the housing sector for this income group.
Who is the CEO of Resource Foundation?
Ed Latimer is the Director of Resource Foundation. The CEO's salary of Resource Foundation is $0 and their total compensation is $0.
What is the revenue of Resource Foundation?
Resource Foundation's revenue in 2022 was $0.
Who are the executives of Resource Foundation and what are their salaries?
Here are 6 key members and their salaries (Resource Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Resource Foundation?
Resource Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Resource Foundation
Resource Foundation, a nonprofit organization, is committed to providing housing opportunities for individuals with low and moderate incomes. They achieve this mission by operating multi-family rental units specifically designed for this demographic. With over two decades of service, Resource Foundation has made significant strides in offering affordable housing options through education, development, and lending programs. These initiatives not only provide a roof over the heads of those in need but also contribute to the overall well-being and stability of these communities.
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Impact
October, 2024
Resource Foundation has made a significant impact by providing housing opportunities to low and moderate-income individuals and families for over 20 years. Through various educational programs, development initiatives, and lending options, it has facilitated home ownership and affordable housing solutions in Nashville, TN. By operating multi-family rental units, Resource Foundation not only increases access to safe and affordable living spaces but also contributes to the overall economic stability of the community. Its achievements reflect a deep commitment to enhancing the quality of life for those in need of secure housing, fostering both individual empowerment and community growth.
This information is meant to be a general summary of Resource Foundation. 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 2022.
Assets and Liabilities:
- Total Assets: $663,770
- Total Liabilities: $52,206
- Net Assets: $611,564
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Organization Details
Founding Year
1988
Phone
(615) 251-0025Principal Officer
Ed Latimer
Main Address
50 VANTAGE WAY 107, NASHVILLE, TN, 37228
NTEE Category
Code: L200 - Housing
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