Rhe Properties Inc

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

EIN: 273649738 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Rhe Properties Inc?

Rhe Properties Inc, located in Rockville, Maryland, is a dedicated nonprofit organization primarily focused on providing affordable housing for families whose income falls below 80% of the HUD-published area median income. The organization's core mission is to establish and maintain affordable housing within the city of Rockville, demonstrating a commitment to addressing the housing needs of its community. To fulfill this mission, Rhe Properties Inc manages the U.S. Department of Housing and Urban Development's (HUD) Housing Choice Voucher Program (Section 8) and Public Housing Programs in Rockville, thereby ensuring that eligible residents have access to affordable housing options.


Is Rhe Properties Inc legitimate?

Rhe Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhe Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Rhe Properties Inc?
Who is the CEO of Rhe Properties Inc?
What is the revenue of Rhe Properties Inc?
Who are the executives of Rhe Properties Inc and what are their salaries?
Where can I find the form 990 for Rhe Properties Inc?

Mission Statement of Rhe Properties Inc

Rhe Properties Inc, a mission-driven organization, is dedicated to the creation and sustenance of affordable housing. In pursuit of this goal, the nonprofit manages two key programs under the umbrella of the U.S. Department of Housing and Urban Development (HUD). These include the Housing Choice Voucher Program (Section 8) and Public Housing Programs, both operating within the city of Rockville, MD. Through these initiatives, Rhe Properties Inc provides housing solutions to families whose income falls below 80% of the HUD published area median income. By doing so, the organization plays a significant role in ensuring that affordable housing is available and accessible to those in need.

Impact

This information is meant to be a general summary of Rhe Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Rhe Properties Inc's impact lies in its dedication to the creation and sustainability of affordable housing in Rockville, MD. By providing housing to families with incomes less than 80% of the HUD published area median income, Rhe Properties Inc plays a vital role in addressing the housing needs of the community. Additionally, as the manager of HUD's Housing Choice Voucher Program (Section 8) and public housing programs in Rockville, Rhe Properties Inc contributes to enhancing housing accessibility and stability for residents in need. Through its focus on affordable housing, Rhe Properties Inc significantly impacts the lives of individuals and families in Rockville by providing a fundamental human need – a place to call home.





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: $0
  • Program Service Revenue: $885,156
  • Gross Receipts: $887,261

    • Assets and Liabilities:
  • Total Assets: $13,091,260
  • Total Liabilities: $299,794
  • Net Assets: $12,791,466
  • Programs

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

    TENANT RENT

    Revenue

    $885,156

    Organization Details

    Founding Year

    2010

    Principal Officer

    Jessica Anderson

    Main Address

    1300 PICCARD DR 203, ROCKVILLE, MD, 20850

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Rhe Properties 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.