Overview
What is Ryder Assisted Care Inc?
Ryder Assisted Care Inc is a nonprofit organization situated in Humacao, Puerto Rico. Their primary mission is to offer housing solutions for individuals with disabilities who have low incomes. The project they manage is a 41-unit apartment facility, adhering to Section 811 of the National Housing Act of 1990. Regulated by the Housing and Urban Development (HUD), the organization ensures appropriate rental charges and operating methods. Throughout the year, the facility maintained an impressive average occupancy rate of 98.06%. Employing a team of 5 individuals, Ryder Assisted Care Inc strives to provide a safe and comfortable living environment for its residents.
Is Ryder Assisted Care Inc legitimate?
Ryder Assisted Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ryder Assisted Care 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: $64,095
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Other Salaries and Wages: $0
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What is the mission statement of Ryder Assisted Care Inc?
Ryder Assisted Care Inc is committed to providing housing for individuals with disabilities who have low income. This mission is carried out through the operation of a 41-unit apartment facility, specifically designed for the elderly. Located under Section 811 of the National Housing Act of 1990, the project is regulated by the Housing and Urban Development (HUD) in terms of rental charges and operating methods. The housing facility operates at an average occupation rate of 98.06% annually.
What is the revenue of Ryder Assisted Care Inc?
Ryder Assisted Care Inc's revenue in 2023 was $401,308.
Who are the executives of Ryder Assisted Care Inc and what are their salaries?
The average compensation at Ryder Assisted Care Inc during 2023 was $16,024. There are 4 employees at Ryder Assisted Care Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Ryder Assisted Care Inc?
Ryder Assisted Care Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ryder Assisted Care Inc
Ryder Assisted Care Inc is dedicated to providing housing for individuals with disabilities who are of low income. Their mission is centered around creating an environment where these individuals can reside comfortably and securely. The organization operates under Section 811 of the National Housing Act of 1990, which regulates rental charges and operating methods by the Housing and Urban Development (HUD). One of their projects is a 41-unit apartment facility specifically designed for elderly persons, located in Humacao, Puerto Rico. The operation of this facility ensures a high percentage of occupancy, with an average of 98.06% during the year. Ryder Assisted Care Inc's commitment to providing housing for individuals with disabilities is significant, offering them a safe and supportive living environment.
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Impact
October, 2024
Ryder Assisted Care Inc has a significant impact on the community by providing essential housing solutions for low-income individuals with disabilities. Located in Humacao, Puerto Rico, the organization operates a 41-unit apartment facility designed specifically for elderly persons, ensuring that they have a safe and stable living environment.
This facility, regulated under Section 811 of the National Housing Act of 1990, adheres to strict standards set forth by the Housing and Urban Development (HUD) regarding rental charges and operational methods, reflecting a commitment to both quality and affordability. With an average occupancy rate of 98.06%, it demonstrates a high demand for such housing, emphasizing the critical need for affordable and accessible options for this vulnerable demographic.
By providing a supportive living environment, Ryder Assisted Care Inc plays a vital role in enhancing the quality of life for its residents, promoting independence and dignity for individuals facing economic and physical challenges. The organization's focus on housing accessibility not only meets immediate housing needs but also fosters a sense of community and belonging, contributing positively to the overall well-being of its residents.
This information is meant to be a general summary of Ryder Assisted Care 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 2023.
- Investment Income: $1,016
- Program Service Revenue: $64,891
- Gross Receipts: $401,308
Assets and Liabilities:
- Total Assets: $1,811,201
- Total Liabilities: $92,276
- Net Assets: $1,718,925
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE - RENT
Revenue
$64,891
Organization Details
Founding Year
1996
Principal Officer
Jose R Feliciano
NTEE Category
Code: L22 - Housing
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