Richland Four Ninety Inc is located in West Columbia, SC. The organization was established in 1991. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richland Four Ninety 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 06/2024, Richland Four Ninety Inc generated $188.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $172.7k during the year ending 06/2024. While expenses have increased by 1.7% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE PROGRAM EXISTS SOLELY TO PROVIDE RESIDENTIAL SERVICES TO LOW INCOME RESIDENTS IN AN 12 UNIT COMPLEX. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATION OF THE PROJECT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thoyd B Warren Ex Officio | 1 | $0 | |
Andrew Saleeby Chairperson | 1 | $0 | |
Deborah Mann Director | 1 | $0 | |
Daniel Davis Director | 1 | $0 | |
Sarah Livingston Director | 1 | $0 | |
Tommy Boggs Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,128 |
| Total Program Service Revenue | $68,850 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $863 |
| Total Revenue | $188,867 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,483 |
| Professional fees and other payments to independent contractors | $16,662 |
| Occupancy, rent, utilities, and maintenance | $30,092 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99,424 |
| Total expenses | $172,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $718 |
| Other assets | $0 |
| Total assets | $244,002 |
| Total liabilities | $985,397 |
| Net assets or fund balances | -$741,395 |