Overview
What is Rural Communities Housing Development Corporation - Parent?
Rural Communities Housing Development Corporation-Parent, located at 499 Leslie Street, Ukiah, CA 95482, is a nonprofit organization dedicated to providing decent and affordable housing for low and moderate-income individuals. The corporation operates and manages various housing units, catering to seniors, the chronically mentally ill, and families with low to moderate income. With a workforce of 83 employees, its primary mission is to contribute to the community by offering housing solutions that are both suitable and economically viable for its residents.
Official website here: www.rchdc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 87%, Three-Star out of Four Star rating.
Rural Communities Housing Development Corporation has achieved a solid Three-Star rating, primarily reflecting its strong performance in accountability and finance. The charity scored an impressive 87% in this category, indicating robust financial practices and governance. Highlights include having a completely independent board and effective oversight mechanisms, such as an audit and oversight committee, which contributes to the organization's transparency and trustworthiness.
The organization demonstrates a commendable commitment to maintaining its financial integrity, with no reported material diversion of assets and a high program expense ratio of 89.57%. This suggests that a significant portion of its resources is directed toward its mission-driven programs, enhancing its overall impact within the community it serves. The presence of well-defined policies, such as those concerning conflicts of interest and whistleblowing, further underscores its dedication to ethical practices.
However, there are areas for improvement, particularly regarding its liabilities to assets ratio, which stands at 62.19%. This metric indicates that while the organization is managing its debts, there may be room for enhancing financial stability. Overall, Rural Communities Housing Development Corporation appears to be a responsible and effective nonprofit dedicated to supporting rural communities.
This AI summary has been generated from information found on Charity Navigator.
Is Rural Communities Housing Development Corporation - Parent legitimate?
Rural Communities Housing Development Corporation - Parent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Communities Housing Development Corporation - Parent 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: $234,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,621,629
For more financial information, click here
Official website here: www.rchdc.org
What is the mission statement of Rural Communities Housing Development Corporation - Parent?
The Rural Communities Housing Development Corporation, in its mission, strives to provide decent and affordable housing options for individuals with low and moderate income levels. This non-profit organization actively manages and operates units of such housing, catering to various groups such as seniors, those with chronic mental illness, and families falling under the low and moderate income bracket.
Official website here: www.rchdc.org
Who is the CEO of Rural Communities Housing Development Corporation - Parent?
Jennifer Hofstetter is the Chairperson of Rural Communities Housing Development Corporation - Parent. The CEO's salary of Rural Communities Housing Development Corporation - Parent is $102,697 and their total compensation is $107,462.
Official website here: www.rchdc.org
What is the revenue of Rural Communities Housing Development Corporation - Parent?
Rural Communities Housing Development Corporation - Parent's revenue in 2022 was $5,338,486.
Official website here: www.rchdc.org
Who are the executives of Rural Communities Housing Development Corporation - Parent and what are their salaries?
The average compensation at Rural Communities Housing Development Corporation - Parent during 2022 was $22,368. There are 83 employees and 7 volunteers at Rural Communities Housing Development Corporation - Parent.
Here are 11 key members and their salaries (Rural Communities Housing Development Corporation - Parent's CEO's salary is $102,697 and their total compensation is $107,462):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $155,618
- Related: $0
- Other: $19,368
- Compensation: $96,096
- Related: $0
- Other: $25,242
- Compensation: $102,697
- Related: $0
- Other: $4,765
Official website here: www.rchdc.org
Where can I find the form 990 for Rural Communities Housing Development Corporation - Parent?
Rural Communities Housing Development Corporation - Parent's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rchdc.org
Learn more at the official website: www.rchdc.org
Mission Statement of Rural Communities Housing Development Corporation - Parent
Rural Communities Housing Development Corporation-Parent, as the name suggests, is committed to a significant mission. This mission is centered around providing decent and affordable housing options for individuals and families who fall under the low and moderate income bracket. In essence, the corporation takes it upon itself to own, manage, and operate housing units that cater to this specific demographic.
The scope of Rural Communities Housing Development Corporation-Parent's mission is wide-ranging. It extends to accommodating various sections of the population, including seniors, individuals dealing with chronic mental illnesses, and families with modest incomes. By providing these housing units, the corporation aims to contribute to the overall improvement of living conditions for these individuals, offering them a sense of security and stability.
In summary, Rural Communities Housing Development Corporation-Parent's mission is a vital contribution to addressing housing affordability issues. It stands as a beacon of hope for those who may struggle to secure decent housing due to financial constraints, providing them with a roof over their heads and a place to call home.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Rural Communities Housing Development Corporation - Parent has a significant impact on providing decent and affordable housing to low and moderate-income individuals and families in Ukiah, CA. Through the ownership, control, and operation of units of low-income housing, including units for seniors, the chronically mentally ill, as well as low and moderate-income families, RCHDC is actively addressing the housing needs of vulnerable populations in the community. Their mission to provide decent and affordable housing aligns with the essential goal of ensuring that individuals and families have a secure and stable place to call home.
This information is meant to be a general summary of Rural Communities Housing Development Corporation - Parent. 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: $130,318
- Program Service Revenue: $3,539,675
- Gross Receipts: $5,338,486
Assets and Liabilities:
- Total Assets: $27,864,711
- Total Liabilities: $17,330,102
- Net Assets: $10,534,609
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATIONAL REVENUE
Revenue
$1,690,627
MANAGEMENT FEES & REIM
Revenue
$888,419
TENANT RENTS
Revenue
$488,708
OTHER REVENUE
Revenue
$471,921
Organization Details
Founding Year
1975
Phone
(707) 463-1975Principal Officer
Jennifer Hofstetter
Main Address
499 LESLIE STREET, UKIAH, CA, 95482
Website
www.rchdc.orgNTEE Category
Code: L20 - Housing
If you are a representative of Rural Communities Housing Development Corporation - Parent and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.