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Rcil-Rochester Barrier Free Housing Corporation

Newbridge Apartments

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

EIN: 363261853 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

Overview

What is Rcil-Rochester Barrier Free Housing Corporation?

Rcil-Rochester Barrier Free Housing Corporation, operating as Newbridge Apartments, is a nonprofit organization situated in Rochester, Minnesota. Their primary mission is to provide subsidized housing and necessary services to low-income and handicapped individuals. The organization operates a 41-unit apartment building, meticulously designed to cater to the unique needs of disabled residents, ensuring they can live independently with ease. This includes accessible housing features and additional services tailored to their specific requirements.


Is Rcil-Rochester Barrier Free Housing Corporation legitimate?

Rcil-Rochester Barrier Free Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rcil-Rochester Barrier Free Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,947

For more financial information, click here


What is the mission statement of Rcil-Rochester Barrier Free Housing Corporation?
Who is the CEO of Rcil-Rochester Barrier Free Housing Corporation?
What is the revenue of Rcil-Rochester Barrier Free Housing Corporation?
Who are the executives of Rcil-Rochester Barrier Free Housing Corporation and what are their salaries?
Where can I find the form 990 for Rcil-Rochester Barrier Free Housing Corporation?

Mission Statement of Rcil-Rochester Barrier Free Housing Corporation

Rcil-Rochester Barrier Free Housing Corporation is dedicated to providing accessible housing and necessary services for individuals with disabilities, enabling them to live independently. This nonprofit organization operates a 41-unit apartment building, meticulously designed to cater to the unique needs of these individuals. By offering subsidized housing and accommodating services, Rcil-Rochester Barrier Free Housing Corporation strives to create an environment that fosters independence and improves the quality of life for its residents.

Impact

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




Wednesday, July 24, 2024

Rcil-Rochester Barrier Free Housing Corporation's impact is clearly seen through its provision of a 41-unit apartment building designed specifically for handicapped individuals. This initiative not only offers accessible housing but also provides services that cater to the unique needs of those living with disabilities, enabling them to live independently. Through this subsidized apartment building, Rcil-Rochester Barrier Free Housing Corporation is effectively addressing the housing challenges faced by low-income and handicapped individuals in Rochester, MN. This tangible support contributes to enhancing the quality of life and fostering independence among its residents.





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: $6,061
  • Program Service Revenue: $188,566
  • Gross Receipts: $569,077

    • Assets and Liabilities:
  • Total Assets: $2,712,759
  • Total Liabilities: $3,222,960
  • Net Assets: -$510,201
  • Programs

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

    RESIDENT RENTS

    Revenue

    $184,693

    LAUNDRY AND VENDING INC.

    Revenue

    $3,496

    TENANT CHARGES

    Revenue

    $377

    Organization Details

    Founding Year

    1983

    Principal Officer

    Jay Beyer-Kropuenske

    Main Address

    325 FIRST AVENUE SW, ROCHESTER, MN, 55902

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Rcil-Rochester Barrier Free Housing 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.