Overview
What is Ryder Home For The Elderly Inc?
Ryder Home for the Elderly Inc. is a nonprofit organization situated in Humacao, Puerto Rico. Established with a mission to provide housing for elderly individuals, it 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). The organization manages a 96-unit apartment facility, offering rental accommodations at controlled charges. With an average occupancy rate of 96%, Ryder Home for the Elderly Inc. has demonstrated a commendable commitment to serving the elderly community in Humacao. The organization, led by a team of eight dedicated employees, works tirelessly to ensure the comfort and well-being of its residents.
Is Ryder Home For The Elderly Inc legitimate?
Ryder Home For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ryder Home For The Elderly 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: $119,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ryder Home For The Elderly Inc?
Ryder Home for the Elderly Inc, established as a non-profit organization, is dedicated to providing housing solutions for the elderly community. The organization operates a 96-unit apartment facility, located elsewhere, designed specifically for elderly individuals. This project falls 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 terms of rental charges and operational methods. During the year, the project maintained an average occupancy rate of 98%. In essence, Ryder Home for the Elderly Inc focuses on offering a secure and suitable living environment for elderly individuals, ensuring compliance with regulatory standards for their well-being.
Who is the CEO of Ryder Home For The Elderly Inc?
Jose R Feliciano is the Director of Ryder Home For The Elderly Inc.
What is the revenue of Ryder Home For The Elderly Inc?
Ryder Home For The Elderly Inc's revenue in 2022 was $786,647.
Who are the executives of Ryder Home For The Elderly Inc and what are their salaries?
The average compensation at Ryder Home For The Elderly Inc during 2022 was $14,883. There are 8 employees at Ryder Home For The Elderly Inc.
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Where can I find the form 990 for Ryder Home For The Elderly Inc?
Ryder Home For The Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ryder Home For The Elderly Inc
Ryder Home for the Elderly Inc, established as a non-profit organization, is dedicated to providing rent housing for elderly individuals. The organization operates a 96-unit apartment facility, specifically designed for the elderly, situated in Puerto Rico. This project falls under Section 811 of the National Housing Act of 1990 and is regulated by the United States Department of Housing and Urban Development (HUD), ensuring compliance with rental charges and operational methods. Throughout the year, the project maintained an average occupancy rate of 98%, indicating its popularity and effectiveness in serving its intended population.
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Impact
October, 2024
Ryder Home For The Elderly Inc. significantly impacts the lives of elderly individuals in Humacao, Puerto Rico, by providing essential rental housing tailored to their needs. With a capacity of 96 apartment units, the facility ensures that seniors have access to safe, affordable, and supportive living environments. The high average occupancy rate of 96% reflects the demand for such services, illustrating the critical role Ryder Home plays in its community.
By operating under Section 811 of the National Housing Act, Ryder Home adheres to strict regulations set by the U.S. Department of Housing and Urban Development (HUD), ensuring that it meets the necessary standards for rental charges and operational methods. This oversight contributes to a quality living experience for residents, fostering a sense of belonging and stability among the elderly population.
The presence of Ryder Home not only alleviates housing insecurity for seniors but also promotes a community atmosphere where individuals can age with dignity. By offering a dedicated space for elderly people, Ryder Home enhances their quality of life while addressing the challenges associated with senior housing.
This information is meant to be a general summary of Ryder Home For The Elderly 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: $187
- Program Service Revenue: $231,429
- Gross Receipts: $786,647
Assets and Liabilities:
- Total Assets: $1,091,284
- Total Liabilities: $173,732
- Net Assets: $917,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$231,429
Organization Details
Founding Year
2007
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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