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River Kourt Apartments

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

EIN: 931161391 ✦ Eugene, OR ✦ Designated as a 501(c)(3)

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Overview

What is River Kourt Apartments?

River Kourt Apartments is a nonprofit housing facility located at 499 W 4th Ave, Eugene, OR 97401. Established under Section 811 of the National Housing Act, it operates in agreement with the U.S. Department of Housing and Urban Development. The main mission of River Kourt Apartments is to offer housing to individuals with disabilities, providing them with an independent living facility. The nonprofit operates a 20-unit housing facility, focusing on promoting independence and inclusivity for its residents.

Is River Kourt Apartments legitimate?

River Kourt Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Kourt Apartments 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: $12,201

For more financial information, click here

What is the mission statement of River Kourt Apartments?

River Kourt Apartments was established in compliance with Section 811 of the National Affordable Housing Act. Its primary mission is to develop, own, and operate a housing and independent living facility exclusively for individuals with disabilities. Under an agreement with the U.S. Department of Housing and Urban Development, River Kourt Apartments provides housing to disabled persons in a 20-unit facility, adhering to the guidelines set by Section 811 of the National Housing Act. The apartment complex is committed to offering a living space that promotes independence and addresses the unique needs of individuals with disabilities.

Who is the CEO of River Kourt Apartments?

Michelle Hankes is the President of River Kourt Apartments.

What is the revenue of River Kourt Apartments?

River Kourt Apartments's revenue in 2022 was $119,418.

Who are the executives of River Kourt Apartments and what are their salaries?

There 7 volunteers at River Kourt Apartments.


Here are 7 key members and their salaries:


Michelle Hankes (President)
  • Compensation: $0
  • Related: $111,048
  • Other: $11,954
Melinda Grier (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Fox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Van Houten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Gould (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Harburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Petersen-Crabb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for River Kourt Apartments?

River Kourt Apartments's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of River Kourt Apartments

River Kourt Apartments, established in compliance with Section 811 of the National Affordable Housing Act, was formed with the primary objective of creating, owning, and managing a housing and independent living facility exclusively for individuals with disabilities. This facility, which houses 20 residents, serves as a sanctuary where individuals with disabilities can reside under the agreement with the U.S. Department of Housing and Urban Development. River Kourt Apartments' mission is to provide a living space that fosters independence and enables residents with disabilities to lead fulfilling lives. By adhering to the provisions of Section 811, the organization ensures that these individuals have access to suitable housing accommodations that cater to their unique needs.

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Impact




October, 2024

River Kourt Apartments plays a vital role in enhancing the quality of life for individuals with disabilities in Eugene, Oregon. By providing stable and accessible housing through a 20-unit facility, it fosters a sense of community and independence for its residents.

The apartments are developed under Section 811 of the National Housing Act, ensuring compliance with standards set forth by the U.S. Department of Housing and Urban Development. This partnership not only guarantees affordable living options but also supports residents in pursuing independent living.

The impact extends beyond mere housing; it empowers individuals with disabilities to build connections, gain confidence, and participate more fully in their communities. By fostering an inclusive environment, River Kourt Apartments promotes dignity, enhances personal growth, and contributes to the overall well-being of its residents.




This information is meant to be a general summary of River Kourt Apartments. 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
$119,418 (2022)
201120122013201420152016201720182019202020212022$0$30,000$60,000$90,000$120k
Expenses
$165,257 (2022)
201120122013201420152016201720182019202020212022$0$45,000$90,000$135k$180k
Efficiency
2011201220132014201520162017201820192020202120220%7%14%21%31%

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $51,156
  • Gross Receipts: $119,418

Assets and Liabilities:

  • Total Assets: $567,649
  • Total Liabilities: $11,741
  • Net Assets: $555,908

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUES

Revenue

$49,376

LAUNDRY

Revenue

$991

MISCELLANEOUS INCOME

Revenue

$789

Organization Details

Founding Year

1994

Principal Officer

Michelle Hankes

Main Address

499 W 4TH AVE, EUGENE, OR, 97401

NTEE Category

Code: T50 - Philanthropy

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