Rural Housing Services Inc is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Rural Housing Services Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Housing Services Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, Rural Housing Services Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.6%) each year. All expenses for the organization totaled $414.0 during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (33.2%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
RURAL HOUSING SERVICES, INC. (RHS) MANAGED THE OPERATIONS OF ALL ITS LOW-INCOME HOUSING PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Carey At-Large | 0.1 | $0 | |
Dave Castillo Director | 0.1 | $0 | |
Nick Mitchell-Bennett Director | 0.1 | $0 | |
Theresa Singleton Director | 0.1 | $0 | |
Naomi Woodson Scipio Director | 0.1 | $0 | |
Bennie Thompson Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,097 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,097 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $414 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $480,162 |
| Other assets | $0 |
| Total assets | $481,026 |
| Total liabilities | $0 |
| Net assets or fund balances | $481,026 |