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Rowlett Hfc Foundation

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

EIN: 852582034 ✦ Rowlett, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rowlett Hfc Foundation?

The Rowlett HFC Foundation is a nonprofit organization dedicated to promoting economic growth, alleviating governmental pressures, and preventing community deterioration. They aim to decrease neighborhood tensions and support low to moderate income families. As part of their mission, they develop and implement affordable housing programs and related services. Furthermore, they offer financial assistance such as down payment and closing cost aid for home buyers and manage or own affordable housing properties.

Is Rowlett Hfc Foundation legitimate?

Rowlett Hfc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rowlett Hfc Foundation submitted a form 990EZ, 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.

What is the mission statement of Rowlett Hfc Foundation?

The Rowlett HFC Foundation, in its mission, works towards promoting economic growth, alleviating government burdens, and preventing community deterioration. It aims to reduce neighborhood tensions and assist families with low to moderate incomes. The foundation is also involved in developing and implementing affordable housing programs and related services. Furthermore, it provides financial assistance for home buyers, covering down payments and closing costs. The organization owns and manages affordable housing units to ensure housing accessibility for those in need.

Who is the CEO of Rowlett Hfc Foundation?

Peter Urrutia is the Executive Director of Rowlett Hfc Foundation.

What is the revenue of Rowlett Hfc Foundation?

Rowlett Hfc Foundation's revenue in 2022 was $1,027.

Who are the executives of Rowlett Hfc Foundation and what are their salaries?


Here are 6 key members and their salaries:


Brandon Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debby Bobbitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riki Harper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Urrutia (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Pence (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Crawley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rowlett Hfc Foundation?

Rowlett Hfc Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Rowlett Hfc Foundation

The Rowlett HFC Foundation is dedicated to promoting economic growth, alleviating governmental burdens, and preventing community deterioration. Furthermore, the organization aims to reduce neighborhood tensions and offers assistance to low-income households. In addition to its primary objectives, the Rowlett HFC Foundation develops and implements affordable housing programs and related services. This includes providing financial aid in the form of down payment and closing cost assistance for homebuyers. The foundation also manages affordable housing properties, ensuring that a portion of the community's population has access to reasonably priced housing options.

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Impact




October, 2024

The Rowlett HFC Foundation significantly impacts the local community by promoting economic development and enhancing the living conditions of residents. Through its initiatives, the foundation works to alleviate government burdens, prevent community decay, and reduce neighborhood tensions.

By focusing on low to moderate-income households, it develops and implements affordable housing programs that make homeownership attainable. The foundation also provides critical support through down payment and closing cost assistance, ensuring that more families can achieve their dream of owning a home. Moreover, by owning and managing affordable housing properties, the foundation contributes to stable and thriving neighborhoods, fostering a sense of community and belonging among residents in Rowlett, TX.




This information is meant to be a general summary of Rowlett Hfc Foundation. 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
$1,027 (2022)
Expenses
$50,277 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,027

Assets and Liabilities:

  • Total Assets: $85,750
  • Total Liabilities: $0
  • Net Assets: $85,750

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Organization Details

Principal Officer

Peter Urrutia

Main Address

4113 MAIN ST STE 105, ROWLETT, TX, 75088

NTEE Category

Code: L21 - Housing

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