Richland Apartments Inc is located in Omaha, NE. The organization was established in 1997. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richland Apartments Inc 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 06/2022, Richland Apartments Inc generated $119.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $114.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RICHLAND APARTMENTS, INC. PROVIDES LOW INCOME HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES, INCLUDING THOSE WITH TRAUMATIC BRAIN INJURY. THE PROJECT IS OPERATED UNDER THE PROVISIONS OF SECTION 811 AND SECTION 8 OF THE NATIONAL HOUSING ACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alicia Elson President | 2.5 | $0 | |
Anne Carter Board Member | 1 | $0 | |
Ashley Hatheway Board Member | 1 | $0 | |
Heath Mlnarik Board Member | 1 | $0 | |
Todd Schuiteman Board Member/cfo | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,041 |
Total Program Service Revenue | $65,015 |
Membership dues | $0 |
Investment income | $43 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,788 |
Total Revenue | $119,887 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,425 |
Professional fees and other payments to independent contractors | $36,812 |
Occupancy, rent, utilities, and maintenance | $33,258 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,957 |
Total expenses | $114,452 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,741 |
Other assets | $0 |
Total assets | $336,945 |
Total liabilities | $43,763 |
Net assets or fund balances | $293,182 |