River City Housing Inc

River City Housing Inc. is a US nonprofit organization with an Employer Identification Number (EIN) of 61-1229107. It is designated as a 501(c)(3) organization, which means donations to this organization are tax deductible[1].

Mission and Vision

River City Housing is focused on developing sustainable, affordable homes for first-time, low-income homebuyers. Their mission is to improve neighborhoods and enhance community strength by providing safe, reliable, and affordable housing. They envision a future where every resident in the Louisville Metro area has access to an affordable home that enriches their life[2][4].

Values

The organization operates under the principle that safe, reliable, and affordable housing is a basic human right. They believe that developing affordable housing can help reduce concentrated poverty and that incorporating the perspectives of current neighborhood residents is crucial when planning housing projects. Collaboration with other organizations and stakeholders is central to their strategy to maximize the impact of their work[2].

Activities

River City Housing focuses on single-family home development, prioritizing high-quality and energy-efficient homes for low to moderate-income families. By doing so, they aim to improve the quality of life for these families and strengthen neighborhoods by increasing homeownership opportunities[4][5].

Financial Overview

Financially, the organization derives its revenue primarily from program services and contributions. Contributions make up approximately 30% of their total revenue, while program services account for about 66.5%[1]. The organization has a significant asset base and manages liabilities while focusing on its core mission of providing affordable housing[1].

Community Impact

River City Housing has a positive impact on the community, as evidenced by the testimonials from homeowners who have benefited from their programs. These individuals often express gratitude for the support they received during the homeownership process, noting improved stability and quality of life[3][4].