Overview
What is Forest Ridge Nonprofit Housing?
Forest Ridge Nonprofit Housing is a dedicated organization situated in Vancouver, Washington. Its primary objective is to provide affordable housing for the elderly, running a 46-unit apartment complex under Section 202 of the National Housing Act. Regulated by the U.S. Department of Housing and Urban Development, Forest Ridge Nonprofit Housing is committed to meeting the housing needs of individuals with low income. This vital service allows elderly residents to maintain their independence and dignity while living in a secure and supportive environment.
Is Forest Ridge Nonprofit Housing legitimate?
Forest Ridge Nonprofit Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Ridge Nonprofit Housing 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
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What is the mission statement of Forest Ridge Nonprofit Housing?
Forest Ridge Nonprofit Housing is dedicated to serving the community by providing low-income housing for the elderly. Operating under Section 202 of the National Housing Act and regulated by the U.S. Department of Housing and Urban Development, its mission is to offer affordable living accommodations. This nonprofit organization strives to make a positive impact on the elderly population by ensuring they have access to suitable housing solutions. The apartment complex it manages in Vancouver, Washington, is just one example of its commitment to this mission.
Who is the CEO of Forest Ridge Nonprofit Housing?
Susan Derenzo is the Chair of Forest Ridge Nonprofit Housing.
What is the revenue of Forest Ridge Nonprofit Housing?
Forest Ridge Nonprofit Housing's revenue in 2022 was $288,688.
Who are the executives of Forest Ridge Nonprofit Housing and what are their salaries?
There 5 volunteers at Forest Ridge Nonprofit Housing.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Forest Ridge Nonprofit Housing?
Forest Ridge Nonprofit Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Forest Ridge Nonprofit Housing
Forest Ridge Nonprofit Housing is committed to serving the elderly community by providing low-income housing. Operating under section 202 of the national Housing act and regulated by the U.S. department of Housing and Urban Development, this nonprofit organization in Vancouver, Washington, houses 46 elderly residents. Their mission is centered around offering affordable living spaces, aiming to make housing more accessible for individuals who might otherwise struggle to secure such accommodation. By providing a safe and supportive environment, Forest Ridge Nonprofit Housing contributes to the well-being and dignity of its residents, allowing them to live comfortably and independently.
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Impact
October, 2024
Forest Ridge Nonprofit Housing plays a crucial role in supporting the elderly community in Vancouver, Washington, by operating a 46-unit apartment complex specifically designed for low-income seniors. This initiative addresses a significant need for affordable housing, ensuring that older adults have safe and stable living arrangements.
By providing this housing under Section 202 of the National Housing Act, the organization contributes to the well-being of vulnerable populations, allowing seniors to maintain their independence while accessing essential resources and support. Regulated by the U.S. Department of Housing and Urban Development, the complex not only offers affordable rental options but also fosters a community atmosphere that enhances the quality of life for residents.
The impact of Forest Ridge extends beyond mere shelter; it helps alleviate the challenges of housing insecurity faced by many elderly individuals, thereby promoting dignity, stability, and a greater sense of belonging within the community.
This information is meant to be a general summary of Forest Ridge Nonprofit Housing. 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: $36
- Program Service Revenue: $288,652
- Gross Receipts: $288,688
Assets and Liabilities:
- Total Assets: $1,687,321
- Total Liabilities: $117,490
- Net Assets: $1,569,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DWELLING RENT
Revenue
$150,738
FEDERAL SUBSIDY - HUD
Revenue
$136,016
OTHER TENANT CHARGES
Revenue
$1,898
Organization Details
Founding Year
1995
Phone
(360) 993-9560Principal Officer
Susan Derenzo
Main Address
2500 MAIN STREET SUITE 200, VANCOUVER, WA, 986602697
NTEE Category
Code: L22Z - Housing
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