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Riverside Housing Development Corporation

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

EIN: 330468093 ✦ Riverside, CA ✦ Designated as a 501(c)(3)

Overview

What is Riverside Housing Development Corporation?

The Riverside Housing Development Corporation is a nonprofit organization situated in Riverside, California. Its primary mission is to provide and manage affordable housing units for individuals with low and moderate incomes within Riverside and San Bernardino counties. By doing so, the corporation aims to alleviate governmental burden, combat community deterioration, and eradicate neighborhood blight. The organization operates with a workforce of 44 individuals, dedicating its efforts towards the development and operation of affordable housing, ultimately contributing positively to its community.


Official website here: www.rhdcca.org

Is Riverside Housing Development Corporation legitimate?

Riverside Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Housing Development 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: $249,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $782,645

For more financial information, click here


Official website here: www.rhdcca.org

What is the mission statement of Riverside Housing Development Corporation?

The Riverside Housing Development Corporation is established with the primary objective of developing and managing affordable housing units for low and moderate-income individuals. This organization aims to alleviate the government's burden, combat community deterioration, and eliminate neighborhood blight. By offering affordable housing, the corporation contributes to lessening the pressure on public resources and improving living conditions in the community. The Rental Apartments Program is one of their initiatives, providing housing units that are managed and maintained as low-income housing options for the community.


Official website here: www.rhdcca.org

Who is the CEO of Riverside Housing Development Corporation?

Bruce Kulpa is the Ceo/Cfo of Riverside Housing Development Corporation. The CEO's salary of Riverside Housing Development Corporation is $0 and their total compensation is $0.


Official website here: www.rhdcca.org

What is the revenue of Riverside Housing Development Corporation?

Riverside Housing Development Corporation's revenue in 2023 was $4,066,421.


Official website here: www.rhdcca.org

Who are the executives of Riverside Housing Development Corporation and what are their salaries?

The average compensation at Riverside Housing Development Corporation during 2023 was $23,460. There are 44 employees and 4 volunteers at Riverside Housing Development Corporation.

Here are 7 key members and their salaries (Riverside Housing Development Corporation's CEO's salary is $0 and their total compensation is $0):

    Bruce Kulpa (Executive Director)
  • Compensation: $134,912
  • Related: $0
  • Other: $0

    • Miranda Hundley (Coo)
  • Compensation: $114,684
  • Related: $0
  • Other: $0

    • Aaron Brown (Ceo/Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Megna (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Melendez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Benavidez (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Olivia (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rhdcca.org

    Where can I find the form 990 for Riverside Housing Development Corporation?

    The Riverside Housing Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.rhdcca.org

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

    Mission Statement of Riverside Housing Development Corporation

    Riverside Housing Development Corporation, a nonprofit organization, is dedicated to an essential mission. This mission involves participating in the development and operation of housing that is affordable for individuals and families with low and moderate incomes, residing within Riverside and San Bernardino Counties in California. The primary objective of the corporation is to lessen the burden on the government, combat community deterioration, and eliminate neighborhood blight. By providing affordable housing units, the corporation aims to contribute positively to its community, ensuring that a diverse range of residents can live comfortably within their means. These housing units, managed and maintained as low-income housing, are made available to the community through the organization's Rental Apartments Program.

    Impact

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




    Thursday, August 15, 2024

    Riverside Housing Development Corporation's impact lies in its dedicated efforts to provide affordable housing to low and moderate-income individuals in Riverside and San Bernardino counties. By offering rental apartments managed and maintained as low-income housing, this organization plays a crucial role in lessening the burden on the government, combating community deterioration, and eliminating neighborhood blight. Through its housing programs, Riverside Housing Development Corporation directly addresses the pressing need for accessible and affordable housing options, thereby contributing to the overall well-being and stability of the community.





    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: $32,799
  • Program Service Revenue: $3,477,742
  • Gross Receipts: $4,066,421

    • Assets and Liabilities:
  • Total Assets: $35,731,283
  • Total Liabilities: $28,542,330
  • Net Assets: $7,188,953
  • Programs

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

    SECTION 8 RENTAL PROP

    Revenue

    $2,980,307

    MANAGEMENT FEES

    Revenue

    $497,435

    Organization Details

    Founding Year

    1991

    Principal Officer

    Bruce Kulpa

    Main Address

    4250 BROCKTON AVE, RIVERSIDE, CA, 925013447

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Riverside Housing Development Corporation 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.