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Residential Foundation Inc

Stirling Road Apartments

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

EIN: 592534130 ✦ Lauderdale by the sea, FL ✦ Designated as a 501(c)(3)

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Overview

What is Residential Foundation Inc?

Residential Foundation Inc, located at 5000 N Ocean Blvd 802, Lauderdale By The Sea, Florida 33308, is a dedicated nonprofit organization. Their primary mission is to provide housing solutions for two distinct groups: the elderly and individuals with developmental disabilities. This commitment is reflected in their operations, as they operate under the name "Stirling Road Apartments." Their work aims to enhance the living conditions and ensure suitable accommodation for these two groups, contributing positively to their overall well-being.

Is Residential Foundation Inc legitimate?

Residential Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Foundation 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: $807

For more financial information, click here

What is the mission statement of Residential Foundation Inc?

Residential Foundation Inc is committed to providing housing for both elderly and developmentally disabled individuals. Their mission is centered around ensuring that these individuals have a place to call home. The organization actively works towards this goal, providing suitable housing options for these individuals in need. By offering housing, Residential Foundation Inc aims to enhance their quality of life and promote their overall well-being. The focus is on creating an inclusive environment where everyone can live with dignity and independence. The organization's activities are primarily geared towards housing provision, serving as a vital resource for those who require such assistance.

Who is the CEO of Residential Foundation Inc?

Robert H Wessels is the President of Residential Foundation Inc.

What is the revenue of Residential Foundation Inc?

Residential Foundation Inc's revenue in 2023 was $205,323.

Who are the executives of Residential Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Laura B Prado (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Teich (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Wessels (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Residential Foundation Inc?

Residential Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Residential Foundation Inc

Residential Foundation Inc, a nonprofit organization, is dedicated to providing housing solutions for the elderly and individuals with developmental disabilities. Their mission is centered around ensuring that these vulnerable groups have a secure place to call home. By offering housing, the foundation aims to enhance the quality of life for these individuals, providing them with a sense of security and independence. The organization's focus on both elderly and developmentally disabled individuals highlights its commitment to inclusivity and addressing the unique needs of each group.

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Impact




October, 2024

Residential Foundation Inc plays a crucial role in enhancing the quality of life for the elderly and developmentally disabled individuals by providing stable and supportive housing. This initiative not only addresses the essential need for safe and accessible living environments but also fosters a sense of community and belonging among residents. Located in Lauderdale by the Sea, Florida, the organization focuses on creating homes that empower individuals, enabling them to lead fulfilling lives while receiving the necessary assistance. By prioritizing safe housing, Residential Foundation Inc contributes to the overall well-being of vulnerable populations, ensuring they have a place to call home.




This information is meant to be a general summary of Residential Foundation 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.

Revenue
$205,323 (2023)
Expenses
$220,152 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3
  • Program Service Revenue: $205,320
  • Gross Receipts: $205,323

Assets and Liabilities:

  • Total Assets: $912,282
  • Total Liabilities: $684,387
  • Net Assets: $227,895

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL OF ELDERLY HOUSING

Revenue

$205,320

Organization Details

Principal Officer

Robert H Wessels

Main Address

5000 N OCEAN BLVD 802, LAUDERDALE BY THE SEA, FL, 33308

NTEE Category

Code: L20Z - Housing

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