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Redwood Housing Inc

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

EIN: 521920903 ✦ North bethesda, MD ✦ Designated as a 501(c)(3)

Overview

What is Redwood Housing Inc?

Redwood Housing Inc, situated in North Bethesda, Maryland, is a dedicated nonprofit organization. Its primary mission is to offer affordable housing solutions to low-income individuals and their families. Operating from 11810 Grand Park Avenue 600, the organization strives to provide a sense of home and stability for this population segment. Through its initiatives, Redwood Housing Inc seeks to make affordable housing a reality, contributing positively to the local community.


Is Redwood Housing Inc legitimate?

Redwood Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood 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: $156,813

For more financial information, click here


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

Mission Statement of Redwood Housing Inc

Redwood Housing Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for low-income individuals and their families. In pursuit of this mission, the organization operates an affordable housing community that caters to those in need. By doing so, Redwood Housing Inc contributes significantly to ensuring that individuals and families with limited financial resources have access to a secure place to call home. The organization's primary focus is on making housing affordable, thereby providing a fundamental necessity that can often be a significant challenge for low-income individuals and families.

Impact

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




Saturday, July 20, 2024

Redwood Housing Inc provides essential support by offering affordable housing to low-income individuals and their families in North Bethesda, MD. By operating an affordable housing community, they directly address the pressing need for accessible housing options for those in need. Their impact is significant in helping vulnerable individuals and families secure stable housing and work towards a more secure future.





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 2021.

  • Investment Income: $1,183
  • Program Service Revenue: $8,305,219
  • Gross Receipts: $9,748,902

    • Assets and Liabilities:
  • Total Assets: $20,814,666
  • Total Liabilities: $25,736,509
  • Net Assets: -$4,921,843
  • Programs

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

    FLOW-THROUGH INCOME

    Revenue

    $5,828,654

    RENTAL INCOME

    Revenue

    $2,402,797

    OTHER INCOME

    Revenue

    $73,768

    Organization Details

    Founding Year

    1994

    Principal Officer

    Todd Travis

    Main Address

    11810 GRAND PARK AVENUE 600, NORTH BETHESDA, MD, 20852

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Redwood Housing 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.