Rutherford Housing Partnership Inc
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Rutherfordton, NC
- Founding
- 07/1998
- Data as of
- 12/2021
- EIN
- 56-2086573
Organization Overview
Rutherford Housing Partnership Inc is located in Rutherfordton, NC. The organization was established in 1998. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Rutherford Housing Partnership Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rutherford Housing Partnership 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 12/2021, Rutherford Housing Partnership Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $441.7k during the year ending 12/2021. While expenses have increased by 6.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REPAIR, IMPROVE, AND WEATHERIZE HOMES FOR THE ELDERLY, DISABLED, AND LOW INCOME FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IMPROVES THE QUALITY AND INCREASES THE SUPPLY OF SAFE, DECENT HOUSING FOR LOW-INCOME, ELDERLY, OR DISABLED HOMEOWNERS BY PROVIDING URGENTLY NEEDED HOME REPAIRS TO ELIMINATE SAFETY AND HEALTH RISKS IN THE HOUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Ailiff Executive Di | Officer | 40 | $41,775 |
Michael Mallardo Vice Preside | OfficerTrustee | 1 | $0 |
Emily Moose Secretary | OfficerTrustee | 1 | $0 |
Chrystal Searcy Treasurer | OfficerTrustee | 1 | $0 |
Billy Honeycutt President | OfficerTrustee | 1 | $0 |
Jean Gordon Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $772,153 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $851,198 |
| Total Program Service Revenue | $226,225 |
| Investment income | $80 |
| 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 | $1,108,275 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,900 |
| Grants and other assistance to domestic individuals. | $603 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,775 |
| Compensation of current officers, directors, key employees. | $8,355 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,214 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,500 |
| Payroll taxes | $11,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,093 |
| Advertising and promotion | $1,475 |
| Office expenses | $18,673 |
| Information technology | $2,919 |
| Royalties | $0 |
| Occupancy | $14,436 |
| Travel | $1,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $31,994 |
| All other expenses | $9,865 |
| Total functional expenses | $441,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $888,946 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,793 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $162,170 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,064,909 |
| Accounts payable and accrued expenses | $10,436 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,436 |
| Net assets without donor restrictions | $1,054,473 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,064,909 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Rutherford Housing Partnership Inc has recieved totaling $204,909.
| Awarding Organization | Amount |
|---|---|
Stonecutter Foundation Inc Spindale, NC PURPOSE: COMMUNITY | $80,676 |
Rhi Legacy Foundation Inc Rutherfordton, NC PURPOSE: CHRONIC DISEASE | $42,000 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: BUILDING COMMUNITY & ECONOMIC VITALITY | $37,200 |
Gateway Wellness Foundation Marion, NC PURPOSE: HOME REPAIRS FOR COVID IMPACTED FAMILIES | $31,960 |
Robinson Foundation Wilmington, DE PURPOSE: SHINGLED OUT | $10,000 |
The Glenn And Lucille Hampton Daniel Foundation Rutherfordton, NC PURPOSE: GENERAL FUND | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Signal Centers Inc Chattanooga, TN | $10,070,860 | $27,319,073 |
Louise W Eggleston Center Inc Norfolk, VA | $29,105,931 | $28,904,867 |
Boulder Crest Foundation Bluemont, VA | $39,968,822 | $23,145,930 |
Central Fairfax Services Inc Springfield, VA | $6,565,063 | $13,281,706 |
Area Congregations Together In Service Richmond, VA | $1,536,280 | $15,128,315 |
Cedars Of Chapel Hill Club Inc Chapel Hill, NC | $6,435,897 | $14,257,296 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Sober Living America Inc Woodstock, GA | $3,253,129 | $12,866,607 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Project Community Connections Inc Snellville, GA | $7,907,860 | $10,954,285 |
Prs Inc Oakton, VA | $7,358,160 | $12,734,897 |