River Community Homes Inc

River Community Homes Inc is a nonprofit organization based in Arcata, California, located at 1061 Hallen Drive. The organization's primary focus is on providing cooperative housing opportunities for low-income individuals, the elderly, and those with disabilities. Funding for this housing development comes from the residents themselves, ensuring the continuation of services under the Housing Assistance Payments Program, which is a section of the U.S. Housing Act of 1937, administered by the U.S. Department of Housing and Urban Development (HUD) and the California Housing Finance Agency. This program mandates assistance, although not full subsidy, for the needy recipients of the housing development services. With approximately 70% of its annual support coming from this program, River Community Homes Inc is dedicated to offering affordable, supportive living options for its residents. The organization employs a modest workforce of two individuals.

River Community Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. River Community Homes 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: $75,539

For more financial information, click here

River Community Homes Inc's mission is centered around providing cooperative housing for individuals who fall under low-income categories, the elderly, and those with disabilities. The organization's housing development is specifically designed to cater to these groups. The revenue for these services primarily comes from the residents themselves, enabling the continuation of services under the Housing Assistance Payments Program, a part of the U.S. Housing Act of 1937, administered by HUD and the California Housing Finance Agency. This program provides assistance, although not full subsidy, to the beneficiaries of the housing development services. Approximately 70% of the corporation's annual support is covered by the Housing Assistance Payments for the 40-unit Limited Equity Housing Co-op.

Jamie Falicki is the President of River Community Homes Inc.

River Community Homes Inc's revenue in 2022 was $580,409.

The average compensation at River Community Homes Inc during 2022 was $37,770. There are 2 employees and 7 volunteers at River Community Homes Inc.

Here are 7 key members and their salaries:

The River Community Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here