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Raphael Inc

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

EIN: 541592075 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Raphael Inc?

Raphael Inc, situated in Rockville, Maryland, is a dedicated nonprofit organization. Its primary focus is on providing assisted living services for low- and moderate-income elderly individuals who are frail. This involves offering a living residence that caters to their unique needs. By doing so, Raphael Inc aims to ensure that elderly individuals can maintain their independence and quality of life while receiving necessary care and support. The organization is committed to this mission, ensuring that its services remain accessible to those who require them most.


Is Raphael Inc legitimate?

Raphael Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raphael 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 Raphael Inc?
Who is the CEO of Raphael Inc?
What is the revenue of Raphael Inc?
Who are the executives of Raphael Inc and what are their salaries?
Where can I find the form 990 for Raphael Inc?

Mission Statement of Raphael Inc

Raphael Inc, as a nonprofit organization, is dedicated to providing an assisted living residence for low- and moderate-income frail elderly persons. This mission is central to the organization's activities, aiming to offer a supportive living environment for those in need. The residence caters specifically to the elderly, recognizing their unique needs and challenges. By offering assisted living, Raphael Inc seeks to enhance the quality of life for its residents, providing them with the care and support they require. The organization's mission is a testament to its commitment to serving the elderly population, ensuring they can age with dignity and respect.

Impact

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




Saturday, July 20, 2024

Raphael Inc has a significant impact by providing much-needed assisted living services for low- and moderate-income frail elderly persons in Rockville, MD. Their mission is focused on addressing the needs of this vulnerable population, ensuring they receive the care and support necessary to maintain their quality of life. Through their human services efforts, Raphael Inc plays a crucial role in enhancing the well-being and dignity of elderly individuals who may not have access to such resources otherwise.





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: $1,979,898
  • Gross Receipts: $2,103,808

    • Assets and Liabilities:
  • Total Assets: $2,145,395
  • Total Liabilities: $782,652
  • Net Assets: $1,362,743
  • Programs

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

    RENTAL REVENUE - HOUSI

    Revenue

    $1,974,948

    OTHER HOUSING REVENUE

    Revenue

    $4,950

    Organization Details

    Founding Year

    1990

    Principal Officer

    Leila A Finucane

    Main Address

    11400 ROCKVILLE PIKE SUITE 505, ROCKVILLE, MD, 20852

    NTEE Category

    Code: P73Z - Human services

    If you are a representative of Raphael 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.