Overview
What is Ryder Village Inc?
Ryder Village Inc is a nonprofit organization situated in Humacao, Puerto Rico. Its primary mission is to offer affordable housing for elderly individuals, housing a total of 35 units. This project, regulated by the U.S. Department of Housing and Urban Development (HUD), operates under Section 811 of the National Housing Act of 1990. The project's average occupancy rate during the year was 85.7%. The organization, employing 5 individuals, focuses on providing a comfortable living space for the elderly community in Humacao.
Is Ryder Village Inc legitimate?
Ryder Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ryder Village 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: $132,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ryder Village Inc?
Ryder Village Inc's mission is centered around providing housing for elderly individuals. This organization operates a project consisting of 35 units, which serves as a residence for the elderly population. Operating under Section 811 of the National Housing Act of 1990, Ryder Village Inc is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operational methods. During a given year, the average occupancy rate of the project was 85.7%. In essence, Ryder Village Inc is dedicated to offering housing solutions for elderly individuals, ensuring a comfortable living environment for this demographic.
Who is the CEO of Ryder Village Inc?
Jose R Feliciano is the Director of Ryder Village Inc.
What is the revenue of Ryder Village Inc?
Ryder Village Inc's revenue in 2022 was $343,324.
Who are the executives of Ryder Village Inc and what are their salaries?
The average compensation at Ryder Village Inc during 2022 was $26,594. There are 5 employees at Ryder Village Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Ryder Village Inc?
Ryder Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ryder Village Inc
Ryder Village Inc, a nonprofit organization, is dedicated to providing housing solutions for the elderly. Specifically, it operates a 35-unit apartment facility, catering to the needs of elderly individuals. Operating under Section 811 of the National Housing Act of 1990, Ryder Village Inc is regulated by the US Department of Housing and Urban Development (HUD) in terms of rental charges and operations. The project maintained an average occupancy rate of 85.7% throughout the year, reflecting its commitment to providing suitable housing for the elderly population.
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Impact
October, 2024
Ryder Village Inc plays a crucial role in supporting the elderly community in Humacao, Puerto Rico, by providing affordable rental housing tailored specifically for their needs. With a dedicated facility consisting of 35 units, it directly contributes to improved living conditions for elderly individuals, promoting both security and quality of life.
The project operates under the guidelines set forth by Section 811 of the National Housing Act of 1990 and is closely regulated by the US Department of Housing and Urban Development (HUD), ensuring that rental charges remain affordable. The consistent occupancy rate of 85.7% demonstrates a strong demand for the services offered, reflecting the vital role Ryder Village Inc plays in addressing housing challenges faced by older adults.
By fostering a supportive living environment, Ryder Village Inc not only provides shelter but also promotes community interactions among residents, contributing to their social well-being and independence. Through these efforts, the organization significantly impacts the welfare of elderly individuals, enhancing their overall quality of life in a safe and accessible setting.
This information is meant to be a general summary of Ryder Village 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: $126
- Program Service Revenue: $39,711
- Gross Receipts: $343,324
Assets and Liabilities:
- Total Assets: $1,437,280
- Total Liabilities: $47,412
- Net Assets: $1,389,868
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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
$39,711
Organization Details
Founding Year
1996
Phone
(787) 852-0768Principal Officer
Jose R Feliciano
Main Address
PO BOX 859, HUMACAO, PR, 009720859
NTEE Category
Code: P75 - Human services
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