Rasa II Economic Development Corporation
Rasa II Economic Development Corporation
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About this organization
Revenue
$624,204
Expenses
$589,959
Mission
Provides affordable housing for individuals families, and handicapped individuals
About
Provides affordable housing to individual families, and handicapped individuals by owning and operating 72 rental housing units
Interesting data from their 2019 990 filing
The purpose of the non-profit is listed in the filing as “Provides affordable housing for individuals families, and handicapped individuals”.
When discussing its operations, they were characterized as: “Provides affordable housing for individuals families, and handicapped individuals”.
- The non-profit's legally reported state of operation is CO.
- The filing states that the non-profit's address in the year 2019 is 3625 MARION DRIVE, COLORADO SPRINGS, CO, 80909.
- The form submitted by the non-profit for 2019 shows a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $34,245.
- The CEO's remuneration policy within the organization is not determined through a review and approval process by a neutral source.
- The organization has a written policy that delegates the management duties.
- The organization has 4 independent voting members.
- The organization was formed in 2001.
- The organization is required to file Schedule O.
- The organization pays $98,633 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.