Race Housing Corporation
Race Housing Corporation
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About this organization
Mission
PROVIDES RESIDENTIAL SERVICES, SKILL DEVELOPMENT, SUPPORT SERVICES, AND MENTAL HEALTH SERVICE TO CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES.
About
(A) TO BUY, OWN, SELL, ASSIGN, MORTGAGE, OR LEASE ANY INTEREST IN REAL ESTATE AND PERSONAL PROPERTY AND TO CONSTRUCT, MAINTAIN, AND OPERATE IMPROVEMENTS THEREON NECESSARY OR INCIDENT TO THE ACCOMPLISHMENT OF THE PURPOSES SET FORTH IN ARTICLE II HEREOF, BUT SOLELY IN CONNECTION WITH THE PROJECT ASSISTED UNDER SECTION 202 OF THE HOUSING ACT OF 1959, AS AMENDED OR SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. (B) TO BORROW MONEY AND ISSUE EVIDENCE OF INDEBTEDNESS IN FURTHERANCE OF ANY OR ALL OF THE OBJECTS OF ITS BUSINESS, AND TO SECURE THE SAME BY MORTGAGE, PLEDGE, OR OTHER LIEN ON THE CORPORATION'S PROPERTY. (C) TO DO AND PERFORM ALL ACTS REASONABLY NECESSARY TO ACCOMPLISH THE PURPOSES OF THE CORPORATION, INCLUDING THE EXECUTION OF A REGULATORY AGREEMENT WITH THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT, AND OF SUCH OTHER INSTRUMENTS AND UNDERTAKINGS AS MAY BE NECESSARY TO ENABLE THE CORPORATION, ITS SUCCESSORS AND ASSIGNS, SO LONG AS A MORTGAGE ON THE CORPORATION'S PROPERTY IS HELD BY THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT. (D) IN THE EVENT OF THE DISSOLUTION OF THE CORPORATION OR THE WINDING UP OF ITS AFFAIRS, OR OTHER LIQUIDATION OF ITS ASSETS, THE CORPORATION'S PROPERTY SHALL NOT BE CONVEYED TO ANY ORGANIZATION CREATED OR OPERATED FOR PROFIT OR TO ANY INDIVIDUAL AND ALL ASSETS REMAINING AFTER THE PAYMENT OF THE CORPORATION'S DEBTS SHALL BE CONVEYED OR DISTRIBUTED ONLY TO AN ORGANIZATION OR ORGANIZATIONS CREATED AND OPERATED FOR NONPROFIT PURPOSES SIMILAR TO THOSE OF THE CORPORATION OTHER THAN ONE CREATED FOR RELIGIOUS PURPOSES; PROVIDED, HOWEVER, THAT THE CORPORATION SHALL AT ALL TIMES HAVE THE POWER TO CONVEY ANY OR ALL OF ITS PROPERTY TO THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “Provides residential services, skill development, support services, and mental health service to children and adults with developmental disabilities.”.
When referring to its tasks, they were referred to as: “Provides residential services, skill development, support services, and mental health service to children and adults with developmental disabilities.”.
- The non-profit's state of operation has been legally reported as OH.
- According to the latest filing, the non-profit's address in 2020 is 3030 WEST FORK ROAD, CINCINNATI, OH, 452111944.
- The total number of employees reported by the non-profit on their form for 2020 is 0.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$7,376.
- The organization has 16 independent voting members.
- The organization was formed in 2007.
- The organization pays $2,187 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.