Rdoor Housing Corporation

Organization Overview

Rdoor Housing Corporation is located in Indianapolis, IN. The organization was established in 2008. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rdoor Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Rdoor Housing Corporation generated $587.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $630.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY AND DISABLED. TENANTS PAY A PORTION OF THE RENT BASED ON ABILITY TO PAY AS DETERMINED BY HUD. RENTS ARE SUBSIDIZED BY HUD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED LOW INCOME HOUSING TO THE ELDERLY TENANTS. TENANT RENTS WERE APPPROVED AND SUBSIDIZED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Petrie
President/secretary
$0
Bruce R Baird
Vice-President/treasurer
$0
Thomas Marendt
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$578,582
Investment income $9,327
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $587,909

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