Overview
What is Restore Neighborhoods La Inc?
Restore Neighborhoods LA Inc is a nonprofit organization based in Los Angeles and surrounding counties. Their mission is to combat blight and provide affordable housing options by purchasing, renovating, and selling or disposing of vacant and foreclosed residential properties. Led by John Perfitt, this organization aims to revitalize neighborhoods and create both homeownership and rental opportunities within these communities. Through their activities, they contribute to the overall stability and improvement of the local housing market.
Official website here: www.rn-la.org
Is Restore Neighborhoods La Inc legitimate?
Restore Neighborhoods La Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restore Neighborhoods La Inc 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: $187,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,118
For more financial information, click here
Official website here: www.rn-la.org
What is the mission statement of Restore Neighborhoods La Inc?
Restore Neighborhoods LA Inc's mission is centered around revitalizing communities by putting vacant and foreclosed housing units back into use. The organization strives to decrease blight and provide affordable homeownership and rental opportunities in various neighborhoods across Los Angeles and its surrounding counties. This is achieved through the purchasing, restoration, selling, and disposal of residential properties. The primary objective of Restore Neighborhoods LA Inc is to improve the living conditions and overall appeal of these neighborhoods.
Official website here: www.rn-la.org
Who is the CEO of Restore Neighborhoods La Inc?
John Perfitt is the Board Chair of Restore Neighborhoods La Inc.
Official website here: www.rn-la.org
What is the revenue of Restore Neighborhoods La Inc?
Who are the executives of Restore Neighborhoods La Inc and what are their salaries?
The average compensation at Restore Neighborhoods La Inc during 2022 was $130,959. There are 2 employees at Restore Neighborhoods La Inc.
Here are 5 key members and their salaries:
- John Perfitt (Executive Director)
- Dan Falcon (Board Chair) [Trustee/Director]
- Paul Freese (Board Director)
- Margie Francia (Board Secretary) [Trustee/Director]
- Mott Smith (Treasurer) [Trustee/Director]
Official website here: www.rn-la.org
Where can I find the form 990 for Restore Neighborhoods La Inc?
The Restore Neighborhoods La Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.rn-la.org
Learn more at the official website: www.rn-la.org
Mission Statement of Restore Neighborhoods La Inc
Restore Neighborhoods LA, led by John Perfitt, is a mission-driven organization committed to revitalizing communities. Their primary objective is to combat blight and foster affordable homeownership and rental opportunities by strategically acquiring, restoring, and either selling or disposing of foreclosed and vacant residential properties throughout Los Angeles and surrounding counties. By doing so, Restore Neighborhoods LA aims to stabilize neighborhoods, thereby contributing to the overall improvement of these communities.
Impact
This information is meant to be a general summary of Restore Neighborhoods La Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Restore Neighborhoods La Inc's impact can be seen in the positive transformation of neighborhoods throughout Los Angeles and surrounding counties. By stabilizing communities through placing foreclosed and vacant dwelling units back in use, the organization effectively reduces blight and revitalizes areas that were previously neglected. This initiative not only improves the overall aesthetics of the neighborhoods but also creates opportunities for affordable homeownership and rental options for residents in the region. Through the efforts led by John Perfitt, Restore Neighborhoods La Inc plays a crucial role in addressing housing issues and fostering sustainable community development.
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.
CONSTRUCTION BILLING
Revenue
$499,112
Organization Details
Founding Year
2008
Phone
(213) 270-1720
Principal Officer
John Perfitt
Main Address
315 W 9TH STREET SUITE 503, LOS ANGELES, CA, 90015
Website
www.rn-la.org
NTEE Category
Code: L20 - Housing
If you are a representative of Restore Neighborhoods La Inc 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.