Community Reinvestment Foundation Inc

Organization Overview

Community Reinvestment Foundation Inc, operating under the name Providence Place Of Bloomington Ii, is located in Plainfield, IN. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Providence Place Of Bloomington Ii 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 03/2022, Providence Place Of Bloomington Ii generated $172.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $226.5k during the year ending 03/2022. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME SENIORS. OWNS AND OPERATES A 24 UNIT APARTMENT COMMUNITY IN BLOOMINGTON, INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED AFFORDABLE HOUSING TO LOW INCOME SENIORS. COMMUNITY REINVESTMENT FOUNDATION XIV, INC. OWNS AND OPERATES A 24 UNIT APARTMENT COMMUNITY IN BLOOMINGTON, INDIANA. THE RENTS CHARGED ARE SUBSIDIZED AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
David Cooper
President
$0
Tim Paino
Secretary And Treasurer
$0
Adam Bocik
Director
$0
Tim Shrout
Director
$0
William Tibbets
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$172,874
Investment income $15
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 $172,889

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