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Raintree Friends Housing Inc

Raintree Square

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

EIN: 311135108 ✦ New castle, IN ✦ Designated as a 501(c)(3)

Overview

What is Raintree Friends Housing Inc?

Raintree Friends Housing Inc is a nonprofit organization, established as an Indiana corporation, with a focus on constructing, owning, and operating a 93-unit congregate care facility in New Castle, Indiana. Known as Raintree Square, this facility serves as their primary mission, with the intent to provide a supportive living environment for its residents. The organization's purpose is to contribute positively to the local community by offering such facilities.


Is Raintree Friends Housing Inc legitimate?

Raintree Friends Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raintree Friends Housing 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: $488,870

For more financial information, click here


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

Mission Statement of Raintree Friends Housing Inc

Raintree Friends Housing, Inc., a not-for-profit corporation, was established with a specific mission. This organization was formed with the goal of constructing, owning, and operating a congregate care facility. This facility, named Raintree Square, is located in New Castle, Indiana, and is designed to accommodate 93 units. The primary objective of Raintree Friends Housing, Inc. is to provide a suitable living environment for its residents, ensuring they receive necessary care and support. The construction, ownership, and operation of Raintree Square are all part of the organization's efforts to contribute positively to its community and provide a valuable service.

Impact

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




Thursday, August 15, 2024

Raintree Friends Housing Inc's impact can be seen in the construction, ownership, and operation of a 93-unit congregate care facility known as Raintree Square in New Castle, Indiana. This facility provides essential housing and care services to individuals in need within the community. By offering a safe and supportive living environment, Raintree Friends Housing Inc plays a vital role in enhancing the quality of life for its residents and contributing to the overall well-being of the community. Through its mission-driven activities, the organization exemplifies a commitment to serving human services and addressing the needs of vulnerable populations.





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 2023.

  • Investment Income: $0
  • Program Service Revenue: $1,291,238
  • Gross Receipts: $1,289,269

    • Assets and Liabilities:
  • Total Assets: $1,656,074
  • Total Liabilities: $2,517,497
  • Net Assets: -$861,423
  • Programs

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

    RENTAL REVENUE

    Revenue

    $932,843

    RESIDENT SERVICES

    Revenue

    $336,872

    HOUSEKEEPING SERVICE

    Revenue

    $21,523

    Organization Details

    Founding Year

    1985

    Principal Officer

    Denise Randolph

    Main Address

    2820 S MEMORIAL DR, NEW CASTLE, IN, 47362

    NTEE Category

    Code: P730 - Human services

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