RURAL NEIGHBORHOODS INC

EIN: 651238417 501(c)(3) Housing & Shelter

FLORIDA CITY, FL

Total Revenue
$30,855,077
Total Expenses
$12,030,862
Total Assets
$49,278,238
Net Assets
$38,135,013
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
STEVE KIRK
Phone
3052422142
Tax Period
2024-01-01 to 2024-12-31

RURAL NEIGHBORHOODS INC, founded in 2004, is a mid-sized nonprofit in the Housing & Shelter sector that reported $30.9M in total revenue in fiscal year 2024. Revenue surged 1109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18.8M, a strong 61% operating margin.

Mission

THE PRIMARY EXEMPT FUNCTION IS THE GENERAL OPERATIONS,CONSTRUCTION EXPANSION, MANAGING, AND OTHER ACTIVITIES CONNECTED WITH PROVIDING LOW COST HOUSING TO LOW INCOME FAMILIES ESPECIALLY MIGRANT AND SEASONAL FARM WORKERS IN FLORIDA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $27,879,559
Investment Income $2,975,518
Other Revenue $0
TOTAL REVENUE $30,855,077

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,396,682
Fundraising Expenses $0
Program Expenses $11,021,183
Other Expenses $7,634,180
TOTAL EXPENSES $12,030,862

Year-over-Year Comparison

2024 2023 Change
Revenue $30,855,077 $2,551,863 +11.1%
Expenses $12,030,862 $1,394,868 +7.6%
Net Income $18,824,215 $1,156,995 +15.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PINITA ALEGRE DIRECTOR N/A
Director
$0 $0 $0
DIANA GONZALEZ SECRETARY N/A
Director
$0 $0 $0
ARTURO LOPEZ MEMBER N/A
Director
$0 $0 $0
PETER MCDOUGAL VICE CHAIR N/A
Director
$0 $0 $0
YURIANNA MIKOLAY MEMBER N/A
Director
$0 $0 $0
SUSAN RUBIO RIVERA VICE CHAIR N/A
Director
$0 $0 $0
CARLOS SALGADA MEMBER N/A
Director
$0 $0 $0
AL TOWNSEL CHAIR N/A
Director
$0 $0 $0
KATRINA WRIGHT MEMBER N/A
Director
$0 $0 $0
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 $30,855,077 $12,030,862 $49,278,238 $18,824,215
2023 $2,551,863 $1,394,868 $29,679,253 $1,156,995
2022 $12,944,282 $843,664 $28,034,432 $12,100,618
2021 $4,207,374 $931,921 $18,996,790 $3,275,453
2020 $1,967,049 $1,073,864 $10,967,169 $893,185
2019 $1,927,331 $1,538,269 $10,139,934 $389,062
2018 $1,635,704 $1,283,044 $10,369,730 $352,660
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RURAL NEIGHBORHOODS INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.