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Rites Of Passage Development Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742744850 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rites Of Passage Development Inc?

Rites of Passage Development Inc, situated in Austin, Texas, is a dedicated nonprofit organization. Their primary mission is to aid low-income families in meeting their housing needs within an affordable budget. By leveraging their resources, they strive to make a substantial impact on this critical issue. While the description does not provide specific details about their programs or initiatives, it is clear that their focus is on addressing the housing needs of families who face financial constraints.

Is Rites Of Passage Development Inc legitimate?

Rites Of Passage Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rites Of Passage Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Rites Of Passage Development Inc?

Rites of Passage Development Inc, as a mission, is committed to helping low-income families address their housing needs in an affordable manner. The organization's primary objective is to provide assistance to these families to ensure they have access to suitable and reasonably priced housing solutions. Through their activities, they have aided numerous families in meeting their affordable housing requirements. The focus of Rites of Passage Development Inc is on empowering economically disadvantaged families by providing them with the necessary resources for secure and affordable housing.

Who is the CEO of Rites Of Passage Development Inc?

Sterling Lands Ii is the President/Ceo of Rites Of Passage Development Inc. The CEO's salary of Rites Of Passage Development Inc is $0 and their total compensation is $0.

What is the revenue of Rites Of Passage Development Inc?

Rites Of Passage Development Inc's revenue in 2022 was $311,681.

Who are the executives of Rites Of Passage Development Inc and what are their salaries?


Here are 10 key members and their salaries (Rites Of Passage Development Inc's CEO's salary is $0 and their total compensation is $0):


Sterling Lands Ii (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary L Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hutchings (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Simms (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael White (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thresa Cowan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Henry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunny Uzuh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Officer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rites Of Passage Development Inc?

Rites Of Passage Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rites Of Passage Development Inc

Rites of Passage Development Inc, as a nonprofit organization, is committed to assisting low-income families in meeting their affordable housing needs. This mission is carried out through various activities and initiatives, all aimed at providing affordable housing solutions to those in need. The organization's efforts have helped numerous families in their quest for suitable housing, ensuring they can live with dignity and security. By focusing on affordable housing, Rites of Passage Development Inc is making a significant impact on the lives of vulnerable families, providing them with a fundamental necessity that is often beyond their reach.

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Impact




October, 2024

Rites Of Passage Development Inc significantly impacts the lives of low-income families in Austin, Texas, by addressing their urgent affordable housing needs. Through various initiatives and support programs, the organization helps families secure stable and affordable housing, thereby enhancing their overall quality of life. By providing this essential service, Rites Of Passage Development Inc not only aids in alleviating the challenges associated with housing insecurity but also fosters community stability and growth. Their efforts contribute to creating a more equitable environment where families can thrive and access opportunities for a better future.




This information is meant to be a general summary of Rites Of Passage Development 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.

Revenue
$311,681 (2022)
Expenses
$250,551 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $5,559
  • Gross Receipts: $311,681

Assets and Liabilities:

  • Total Assets: $161,628
  • Total Liabilities: $8,297
  • Net Assets: $153,331

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Organization Details

Founding Year

1995

Principal Officer

Sterling Lands Ii

Main Address

6510 BERKMAN DRIVE, AUSTIN, TX, 787231939

NTEE Category

Code: L20 - Housing

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