Overview
What is Inner-City Revitalization Corporation?
Inner-City Revitalization Corporation is a nonprofit organization situated in Alexandria, Louisiana, with a specific focus on providing affordable housing solutions. Based at 1902 Main Street, they operate under the mission of offering clean, healthy, and safe living spaces for low-income families. Their primary activity encompasses the operation of Olive House, a transitional housing facility, along with other rental properties aimed at addressing housing needs within their community. With a small workforce of three dedicated individuals, Inner-City Revitalization Corporation is committed to improving living conditions and providing essential housing solutions for families in need.
Official website here: www.innercityrevitalization.org
Is Inner-City Revitalization Corporation legitimate?
Inner-City Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inner-City Revitalization Corporation 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: $179,171
For more financial information, click here
Official website here: www.innercityrevitalization.org
What is the mission statement of Inner-City Revitalization Corporation?
The Inner-City Revitalization Corporation is dedicated to providing clean, healthy, safe, and affordable housing options for low-income families. Their mission is essentially centered around ensuring that these families have access to suitable living conditions. One of their initiatives includes Olive House, a transitional housing facility, and other low-income rental housing units. The corporation's primary goal is to contribute positively to the lives of economically disadvantaged families by providing them with secure and comfortable homes.
Official website here: www.innercityrevitalization.org
Who is the CEO of Inner-City Revitalization Corporation?
Virginia Brown is the Chair of Inner-City Revitalization Corporation.
Official website here: www.innercityrevitalization.org
What is the revenue of Inner-City Revitalization Corporation?
Inner-City Revitalization Corporation's revenue in 2022 was $242,601.
Official website here: www.innercityrevitalization.org
Who are the executives of Inner-City Revitalization Corporation and what are their salaries?
The average compensation at Inner-City Revitalization Corporation during 2022 was $59,724. There are 3 employees and 11 volunteers at Inner-City Revitalization Corporation.
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Official website here: www.innercityrevitalization.org
Where can I find the form 990 for Inner-City Revitalization Corporation?
Inner-City Revitalization Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innercityrevitalization.org
Learn more at the official website: www.innercityrevitalization.org
Mission Statement of Inner-City Revitalization Corporation
The Inner-City Revitalization Corporation is committed to providing low-income families with clean, healthy, safe, and affordable housing. This nonprofit organization strives to meet this mission by offering transitional housing through its Olive House program and other rental housing options. By providing such housing, the Inner-City Revitalization Corporation aims to contribute positively to the well-being and stability of these families, enabling them to focus on other aspects of their lives.
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Impact
October, 2024
Inner-City Revitalization Corporation significantly enhances the quality of life for low-income families by offering clean, healthful, safe, and affordable housing options. Through projects like Olive House, which provides transitional housing along with other low-income rental units, the organization plays a crucial role in addressing housing insecurity in Alexandria, LA. By focusing on the needs of vulnerable communities, it helps residents transition to stable living environments, ultimately fostering improved well-being and social stability. This effort not only transforms individual lives but also contributes to the overall revitalization of neighborhoods, creating a more equitable and thriving community.
This information is meant to be a general summary of Inner-City Revitalization Corporation. 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: -$2,010
- Program Service Revenue: $188,581
- Gross Receipts: $242,601
Assets and Liabilities:
- Total Assets: $2,803,910
- Total Liabilities: $27,756
- Net Assets: $2,776,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT - OLIVE HOUSE
Revenue
$120,298
RENT - IRC
Revenue
$67,692
MISCELLANEOUS INCOME
Revenue
$591
Organization Details
Founding Year
1998
Principal Officer
Virginia Brown
Main Address
1902 MAIN STREET, ALEXANDRIA, LA, 71302
NTEE Category
Code: L30 - Housing
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