Rebuild America Inc

EIN: 460711021 501(c)(3) Housing & Shelter

Bishop, GA

Total Revenue
$2,470,028
Total Expenses
$1,088,565
Total Assets
$10,156,082
Net Assets
$10,107,877
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
Mark J Kemp
Phone
7063543885
Tax Period
2024-01-01 to 2024-12-31

Rebuild America Inc, founded in 2012, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.4M, a strong 56% operating margin.

Mission

The organization has been formed to sponsor the preservation of affordable low-income elderly housing projects, primarily those financed under the HUD section 202 direct loan program with rental subsidies provided under section 8 housing payment (hap) contracts. The preservation of these projects as affordable housing is an acute problem because the majority of these projects are approaching the maturity of their mortgage terms and may be prepaid without HUD approval. Rebuild America will acquire such projects and maintain the affordable housing for the residents.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,247,850
Investment Income $175,791
Other Revenue $46,387
TOTAL REVENUE $2,470,028

Expense Breakdown

Grants Paid $5,632
Salaries & Benefits $814,398
Fundraising Expenses $0
Program Expenses $662,589
Other Expenses $268,535
TOTAL EXPENSES $1,088,565

Year-over-Year Comparison

2024 2023 Change
Revenue $2,470,028 $3,199,544 -0.2%
Expenses $1,088,565 $984,437 +0.1%
Net Income $1,381,463 $2,215,107 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
5
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$608,810
Total Directors
3
$40,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leann Marrale Chair/Secretary/Director 4.00
Officer Director
$40,000 $0 $40,000
Marilou Braswell Director 1.00
Director
$0 $0 $0
Dharan Mandrayar Director 1.00
Director
$0 $0 $0
Mark J Kemp President/CEO 40.00
Officer
$315,725 $0 $315,725
Jason Smith Vice President 40.00
Officer
$142,153 $0 $142,153
Kimberly Adams Project Manager/Assistant Secretary 40.00
Officer
$110,932 $0 $110,932
Sara Dunaway Project Manager 40.00
Highest
$110,463 $0 $110,463
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,470,028 $1,088,565 $10,156,082 $1,381,463
2023 $3,199,544 $984,437 $9,238,317 $2,215,107
2022 $1,130,219 $855,671 $6,067,288 $274,548
2021 $788,717 $785,666 $6,086,042 $3,051
2020 $3,454,682 $576,434 $7,661,519 $2,878,248
2018 $1,341,469 $436,676 $2,782,819 $904,793
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