Affordable Residences In Chesterfield

(Rockwood Village Apartments)

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

EIN: 541864802 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is Affordable Residences In Chesterfield?

Affordable Residences in Chesterfield is a compassionate nonprofit organization based in Richmond, Virginia. Their primary focus is to make housing accessible and affordable for individuals and families through their multifamily programs. The organization's mission is deeply rooted in the belief that everyone deserves a decent place to live. By providing such housing, they strive to contribute positively to their community.


Is Affordable Residences In Chesterfield legitimate?

Affordable Residences In Chesterfield is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Residences In Chesterfield 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: $43,469

For more financial information, click here


What is the mission statement of Affordable Residences In Chesterfield?
Who is the CEO of Affordable Residences In Chesterfield?
What is the revenue of Affordable Residences In Chesterfield?
Who are the executives of Affordable Residences In Chesterfield and what are their salaries?
Where can I find the form 990 for Affordable Residences In Chesterfield?

Mission Statement of Affordable Residences In Chesterfield

Affordable Residences In Chesterfield, as a nonprofit organization, is dedicated to providing affordable housing opportunities for individuals and families. Their mission is centered around making housing accessible to all, ensuring that everyone has a place to call home without being burdened by excessive costs. Through their multifamily affordable housing programs, they strive to bridge the gap between housing affordability and availability, contributing positively to the community.

Impact

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




Wednesday, July 24, 2024

Affordable Residences in Chesterfield has a significant impact on the community by providing affordable housing to individuals and families in Richmond, VA. Their multifamily affordable housing programs help address the pressing need for accessible and safe housing options. By making housing more affordable, the organization contributes to promoting stability, improving quality of life, and reducing financial strain on low-income households. Affordable Residences in Chesterfield plays a crucial role in ensuring that individuals and families have a place to call home, ultimately fostering a more inclusive and thriving 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 2022.

  • Investment Income: $0
  • Program Service Revenue: $561,954
  • Gross Receipts: $561,954

    • Assets and Liabilities:
  • Total Assets: $3,025,815
  • Total Liabilities: $171,048
  • Net Assets: $2,854,767
  • Programs

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

    Rental Real Estate

    Revenue

    $555,101

    Laundry & Vending

    Revenue

    $5,467

    Misc Tenant Charges

    Revenue

    $1,386

    Organization Details

    Founding Year

    1997

    Principal Officer

    Julie Hoveramle

    Main Address

    PO Box 12117, Richmond, VA, 23241

    NTEE Category

    Code: L21 - Housing

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