Overview
What is Riverton Community Housing?
Riverton Community Housing is a nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to provide 578 affordable housing units below the market rate, ensuring sustainability and maintaining a high standard of living within seven cooperatives. They effectively manage these properties, prioritizing the organization's mission to keep rents as low as possible while considering the needs of the cooperative community for future generations. Riverton Community Housing operates on a nonprofit and democratic model, striving to create a positive living experience for its residents.
Official website here: www.riverton.org
Is Riverton Community Housing legitimate?
Riverton Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverton Community 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.
Here are some key statistics you may want to consider:
Executive Compensation: $181,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,111,395
For more financial information, click here
Official website here: www.riverton.org
What is the mission statement of Riverton Community Housing?
Riverton Community Housing is committed to establishing and maintaining a high-quality living experience through a non-profit and democratic model. Their mission is to operate cooperative housing effectively, prioritizing sustainability and housing quality. They provide 578 affordable housing units below market rates, spread across seven cooperatives. Riverton's management approach aligns with its mission, ensuring rents remain as low as possible while addressing the needs of the cooperative community for future generations. Efficiency and a dedication to providing affordable housing are key aspects of Riverton Community Housing's operations.
Official website here: www.riverton.org
Who is the CEO of Riverton Community Housing?
Mary Novak is the Executive Di of Riverton Community Housing.
Official website here: www.riverton.org
What is the revenue of Riverton Community Housing?
Riverton Community Housing's revenue in 2022 was $6,168,719.
Official website here: www.riverton.org
Who are the executives of Riverton Community Housing and what are their salaries?
The average compensation at Riverton Community Housing during 2022 was $41,710. There are 31 employees and 15 volunteers at Riverton Community Housing.
Here are 16 key members and their salaries:
- Mary Novak (Executive Di)
- Alyssa Braaten (Board Member) [Trustee/Director]
- Michael Copa (Board Member) [Trustee/Director]
- Brian Dusbiber (Secretary) [Trustee/Director]
- Kit Fordham (Board Member) [Trustee/Director]
- Ryan Hampton (Treasurer) [Trustee/Director]
- Jaren Johnson (Board Member) [Trustee/Director]
- Jason Kenley (President) [Trustee/Director]
- Neil Kolatkar (Board Member) [Trustee/Director]
- Ryan Nestingen (Board Member) [Trustee/Director]
- Courtney Overby (Board Member) [Trustee/Director]
- Tom Pierson (Board Member) [Trustee/Director]
- Rachel Rice (Board Member) [Trustee/Director]
- Molly Rutzick (Board Member) [Trustee/Director]
- Michael Shepard (Vice Preside) [Trustee/Director]
- Andrew Wolle (Board Member) [Trustee/Director]
Official website here: www.riverton.org
Where can I find the form 990 for Riverton Community Housing?
The Riverton Community Housing’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.riverton.org
Learn more at the official website: www.riverton.org
Mission Statement of Riverton Community Housing
Riverton Community Housing, a nonprofit organization, is committed to providing a superior living experience through the operation of cooperative housing. Their mission is to foster this quality living experience by operating cooperative housing in a democratic manner. Riverton Community Housing manages 578 below-market housing units spread across seven cooperatives. Their approach to managing these properties is centered around sustainability and maintaining housing quality, ensuring that rents remain as affordable as possible while also catering to the needs of the cooperative community for future generations. Riverton Community Housing's dedication to nonprofit and democratic cooperation in the realm of housing is a significant achievement, as it allows them to balance affordability and community well-being effectively.
Impact
This information is meant to be a general summary of Riverton Community Housing. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Riverton Community Housing's impact is evident in the provision of 578 quality below-market housing units across 7 cooperatives in Minneapolis, MN. By operating through a cooperative and democratic model, Riverton ensures that residents have a say in their living situation while striving to maintain affordability and sustainability. Their commitment to efficiently managing cooperative properties allows them to keep rents below market rates, balancing the needs of the cooperative community for the future. Through their work, Riverton Community Housing plays a vital role in ensuring access to affordable housing and fostering a high standard of living for its residents.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,720,212
BROOK AVE
Revenue
$1,170,750
4TH STREET APARTMENTS
Revenue
$883,836
FRANKLIN STUDENT HOUSING
Revenue
$751,884
CHATEAU STUDENT HOUSING
Revenue
$652,843
Organization Details
Founding Year
1972
Phone
(612) 331-3911
Principal Officer
Mary Novak
Main Address
425 13TH AVE SE, MINNEAPOLIS, MN, 554142065
Website
www.riverton.org
NTEE Category
Code: L20 - Housing
If you are a representative of Riverton Community Housing 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.