Bonham RHF Housing Inc

Overview

Bonham RHF Housing Inc is a 501(c)(3) nonprofit organization dedicated to providing housing services. It is classified under the National Taxonomy of Exempt Entities (NTEE) as a provider of housing for senior citizens and retirement communities. The organization operates as part of the broader network of the Retirement Housing Foundation (RHF), which offers affordable housing solutions across the United States.

Purpose and Activities

The primary mission of Bonham RHF Housing Inc aligns with that of RHF: to provide affordable housing and enhance the quality of life for individuals with limited incomes. This includes seniors and those with disabilities, focusing on creating inclusive environments that support physical, mental, and spiritual well-being.

Financial Structure

Bonham RHF Housing Inc's financial activities are typical of nonprofit organizations, with revenues primarily coming from contributions and program services. The organization relies heavily on donations and subsidies to support its operations.

Relationship to Retirement Housing Foundation (RHF)

As part of the RHF network, Bonham RHF Housing Inc benefits from RHF's extensive experience and resources in developing and managing affordable communities. RHF operates a wide range of communities, including those for older adults, families, and persons with disabilities, across the United States and its territories.

Operations and Impact

By focusing on subsidized housing, Bonham RHF Housing Inc helps ensure that residents pay a manageable portion of their income towards rent, typically around 30%. This approach, supported by government subsidies, helps maintain affordable living conditions for vulnerable populations. The organization's specific housing projects may include community amenities and support services tailored to the needs of its residents.

Tax Status

Donations to Bonham RHF Housing Inc are tax-deductible, reflecting its status as a charitable organization. This status allows individuals and organizations to support its mission while also benefiting from tax advantages.

[1] https://projects.propublica.org/nonprofits/organizations/953972422 [2] https://rhf.org [3] https://rhf.org/pecan-place/ [4] https://greatnonprofits.org/categories/view/senior-citizens-housing-and-retirement-communities/page:2 [5] https://www.guidestar.org/profile/95-3972422