Overview
What is Rts Affordable Housing Corp?
Rts Affordable Housing Corp, based in Hendersonville, North Carolina, is a nonprofit organization committed to providing housing opportunities for low and very low-income individuals and families. Their mission, in line with HUD's Multi-Family program, involves converting public housing into affordable units. Specifically, as of October 1, 2021, they manage 12 such housing units that have been transformed through HUD's RAD program. The organization's main aim is to contribute positively to the housing situation of financially disadvantaged residents in Hendersonville, NC.
Is Rts Affordable Housing Corp legitimate?
Rts Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Rts Affordable Housing Corp 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: $31,678
For more financial information, click here
What is the mission statement of Rts Affordable Housing Corp?
Rts Affordable Housing Corp's mission is centered around providing affordable housing solutions for individuals and families with low and very low income levels. Effective October 1, 2021, the corporation has taken over 12 units of formerly public housing, now converted under HUD's RAD program. The organization's primary objective is to ensure these housing units remain accessible and affordable, thereby contributing to the well-being of the community. The corporation's activities are aligned with HUD's Multi-Family program, with a focus on providing affordable housing solutions.
Who is the CEO of Rts Affordable Housing Corp?
Connie Stewart is the Executive Dir. of Rts Affordable Housing Corp.
What is the revenue of Rts Affordable Housing Corp?
Rts Affordable Housing Corp's revenue in 2022 was $215,848.
Who are the executives of Rts Affordable Housing Corp and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rts Affordable Housing Corp?
Rts Affordable Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rts Affordable Housing Corp
Rts Affordable Housing Corp is committed to providing affordable housing solutions for individuals and families with low and very low incomes. As of October 1st, 2021, the organization has expanded its services by acquiring 12 units of housing that were previously part of the Public Housing system, now managed under the HUD's RAD (Rental Assistance Demonstration) program. This transition allows Rts Affordable Housing Corp to continue its mission of offering affordable housing options, ensuring that individuals in need can maintain a stable living environment.
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Impact
October, 2024
Rts Affordable Housing Corp significantly impacts the community in Hendersonville, NC, by addressing the pressing need for affordable housing for low and very low-income individuals and families. By converting 12 units of previously public housing under HUD's RAD program, they ensure that these units remain accessible and provide stable living conditions for those who may otherwise struggle to find suitable housing.
The organization’s commitment to serving economically vulnerable populations helps to alleviate homelessness and housing insecurity within the area. By focusing on affordable housing solutions, Rts Affordable Housing Corp contributes to the overall well-being of the community, promoting a more inclusive and supportive environment. Their efforts not only assist individuals and families in achieving housing stability but also foster greater social cohesion and economic opportunity within Hendersonville.
This information is meant to be a general summary of Rts Affordable Housing Corp. 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: $46
- Program Service Revenue: $215,802
- Gross Receipts: $215,848
Assets and Liabilities:
- Total Assets: $728,879
- Total Liabilities: $180,986
- Net Assets: $547,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$215,802
Organization Details
Founding Year
2021
Phone
(828) 595-9020Principal Officer
Connie Stewart
Main Address
203 N Justice St, Hendersonville, NC, 28739
NTEE Category
Code: Z99 - Unknown
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