Overview
What is Egida Ryder Inc?
Egida Ryder Inc, located in Humacao, Puerto Rico, is a 55-unit housing facility primarily catering to elderly individuals. As per the National Housing Act of 1990, the project falls under Section 811 and is regulated by the US Department of Housing and Urban Development (HUD). The project's main objective is to provide affordable housing for elderly people, ensuring an average occupancy rate of 95.08% annually. The team at Egida Ryder Inc consists of 5 dedicated individuals committed to this mission.
Is Egida Ryder Inc legitimate?
Egida Ryder Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Egida Ryder 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: $146,806
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What is the mission statement of Egida Ryder Inc?
Egida Ryder Inc, as an organization, is dedicated to providing rental housing for elderly individuals. This commitment is reflected in its 55-unit apartment facility, which serves this specific population. The project operates under Section 811 of the National Housing Act of 1990 and is regulated by the U.S. Department of Housing and Urban Development (HUD) in regards to rental charges and operational methods. The project maintained an average occupancy rate of 95.08% throughout the year.
Who is the CEO of Egida Ryder Inc?
Jose R Feliciano is the Principal Officer of Egida Ryder Inc.
What is the revenue of Egida Ryder Inc?
Egida Ryder Inc's revenue in 2022 was $466,945.
Who are the executives of Egida Ryder Inc and what are their salaries?
The average compensation at Egida Ryder Inc during 2022 was $29,361. There are 5 employees at Egida Ryder Inc.
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Where can I find the form 990 for Egida Ryder Inc?
Egida Ryder Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Egida Ryder Inc
Egida Ryder Inc, a nonprofit organization, is committed to providing affordable housing for the elderly. With a mission to cater specifically to this demographic, the organization operates a 55-unit apartment facility. This project, regulated by the United States Department of Housing and Urban Development (HUD) under Section 811 of the National Housing Act of 1990, offers senior citizens a secure living space. The average occupancy rate during the year was an impressive 95.08%, demonstrating the demand and success of Egida Ryder Inc's mission to provide housing for elderly individuals.
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Impact
October, 2024
Egida Ryder Inc significantly enhances the quality of life for elderly individuals in Humacao, Puerto Rico, by providing affordable rental housing tailored to their needs. The facility, comprising 55 units, ensures a safe and supportive environment for senior residents, contributing to their overall well-being and social engagement.
With an impressive average occupancy rate of 95.08%, Egida Ryder demonstrates its critical role in addressing housing needs within the community. By operating under the guidelines set forth by the US Department of Housing and Urban Development (HUD), the organization guarantees that rental charges remain manageable, making housing accessible to those who may otherwise struggle to find suitable accommodations.
This project not only supports individual residents but also fosters a sense of community among the elderly, promoting interactions and camaraderie among tenants. Egida Ryder Inc thus plays a vital role in enhancing the living conditions and dignity of elderly individuals, making a lasting impact on both their lives and the community as a whole.
This information is meant to be a general summary of Egida Ryder 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 2022.
- Investment Income: $392
- Program Service Revenue: $71,297
- Gross Receipts: $466,945
Assets and Liabilities:
- Total Assets: $1,215,376
- Total Liabilities: $54,503
- Net Assets: $1,160,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$71,297
Organization Details
Founding Year
1983
Phone
(787) 852-0768Principal Officer
Jose R Feliciano
Main Address
PO BOX 859, HUMACAO, PR, 009720859
NTEE Category
Code: L22 - Housing
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