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Rios Senior Residence Housing Development Fund Corporation

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

EIN: 133738157 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Rios Senior Residence Housing Development Fund Corporation?

Rios Senior Residence Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 174 East 104th Street, New York, NY 10029. Their primary mission is to provide rental housing for eligible elderly individuals with low income, in line with Section 202 of the National Housing Act. By offering affordable housing, the organization aims to support this vulnerable population and contribute to their well-being.


Official website here: www.hopeci.org

Is Rios Senior Residence Housing Development Fund Corporation legitimate?

Rios Senior Residence Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rios Senior Residence Housing Development Fund Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hopeci.org

What is the mission statement of Rios Senior Residence Housing Development Fund Corporation?

The Rios Senior Residence Housing Development Fund Corporation is dedicated to providing rental housing for eligible elderly individuals with low income. This organization operates under Section 202 of the National Housing Act, offering habitable living spaces to those who meet the specified income criteria. Its primary mission is to ensure that elderly individuals with limited financial resources have access to suitable housing, thereby enhancing their quality of life.


Official website here: www.hopeci.org

Who is the CEO of Rios Senior Residence Housing Development Fund Corporation?

Walter M Roberts is the Vice President of Rios Senior Residence Housing Development Fund Corporation.


Official website here: www.hopeci.org

What is the revenue of Rios Senior Residence Housing Development Fund Corporation?

Rios Senior Residence Housing Development Fund Corporation's revenue in 2022 was $1,953,880.


Official website here: www.hopeci.org

Who are the executives of Rios Senior Residence Housing Development Fund Corporation and what are their salaries?

Here are 14 key members and their salaries:

    Walter M Roberts (President)
  • Compensation: $0
  • Related: $136,611
  • Other: $6,560

    • Lorenzo Cesare (Director Of Finance)
  • Compensation: $0
  • Related: $105,957
  • Other: $0

    • Brad Beckstorm (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clayton Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gemma Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madison Bedard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marissa Mack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Markham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maya Kurien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Collazo Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Merkerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Young (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Ofenloch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopeci.org

    Where can I find the form 990 for Rios Senior Residence Housing Development Fund Corporation?

    The Rios Senior Residence Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hopeci.org

    Learn more at the official website: www.hopeci.org

    Mission Statement of Rios Senior Residence Housing Development Fund Corporation

    Rios Senior Residence Housing Development Fund Corporation is dedicated to providing rental housing for eligible elderly individuals with low income. This nonprofit organization operates under Section 202 of the National Housing Act, aiming to address the housing needs of this specific demographic. By offering affordable housing solutions, Rios Senior Residence Housing Development Fund Corporation contributes to the well-being and independence of elderly individuals who may be financially constrained, ensuring they can maintain a dignified living environment.

    Impact

    This information is meant to be a general summary of Rios Senior Residence Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rios Senior Residence Housing Development Fund Corporation's impact lies in providing affordable rental housing to eligible elderly low-income individuals in New York. This organization works towards ensuring that this vulnerable demographic group has a safe and stable living environment, addressing critical housing needs in the community. By focusing on rental housing under Section 202 of the National Housing Act, Rios Senior Residence contributes to improving the quality of life for elderly individuals with limited financial resources.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,078
  • Program Service Revenue: $1,933,848
  • Gross Receipts: $1,953,880

    • Assets and Liabilities:
  • Total Assets: $5,661,713
  • Total Liabilities: $9,881,190
  • Net Assets: -$4,219,477
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,933,848

    Organization Details

    Founding Year

    1993

    Principal Officer

    Walter M Roberts

    Main Address

    174 EAST 104TH STREET, NEW YORK, NY, 10029

    NTEE Category

    Code: E91Z - Health

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