RAINBOW VILLAGE PROPERTIES INC

EIN: 680574765 501(c)(3) Human Services

Saint Louis, MO

Total Revenue
$2,375,694
Total Expenses
$2,313,779
Total Assets
$11,704,624
Net Assets
$8,571,642
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MO
Principal Officer
MATTHEW ELMORE
Phone
3145671522
Tax Period
2025-01-01 to 2025-12-31

RAINBOW VILLAGE PROPERTIES INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2025. Revenue decreased 19% compared to the prior year. Net assets of $8.6M represent 43 months of operating reserves.

Mission

PROMISE COMMUNITY ENHANCES THE LIVES OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES BY PROVIDING SAFE AND AFFORDABLE HOMES.

Program Service Accomplishments

Program 1
Expenses: $1,532,708

THE ORGANIZATION PROVIDED HOUSING FOR DEVELOPMENTALLY DISABLED ADULTS IN THE GREATER ST. LOUIS AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,118,150
Program Service Revenue $1,304,841
Investment Income $-330,368
Other Revenue $283,071
TOTAL REVENUE $2,375,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $945,709
Fundraising Expenses $196,546
Program Expenses $1,532,708
Other Expenses $1,368,070
TOTAL EXPENSES $2,313,779

Year-over-Year Comparison

2025 2024 Change
Revenue $2,375,694 $2,946,753 -0.2%
Expenses $2,313,779 $2,449,089 -0.1%
Net Income $61,915 $497,664 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
19
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
6
$134,264
Total Directors
20
$0
Key Employees
1
$134,264
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT ELMORE EXECUTIVE DIRECTOR 040.00
Officer Key Emp Highest
$134,264 $0 $134,264
MARCUS ADRIAN PRESIDENT 002.00
Officer Director
$0 $0 $0
CATHY ASH VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
CHRIS BARBOUR SECRETARY 002.00
Officer Director
$0 $0 $0
EILEEN COLE PAST PRESIDENT 002.00
Officer Director
$0 $0 $0
LELE ENGLER DIRECTOR 002.00
Director
$0 $0 $0
MIKE GARDNER DIRECTOR 002.00
Director
$0 $0 $0
MEGHANN SCHULZ DIRECTOR 002.00
Director
$0 $0 $0
DENNY HAYDEN DIRECTOR 002.00
Director
$0 $0 $0
MIKE LETZ TREASURER 002.00
Officer Director
$0 $0 $0
KATHRYN REDMOND DIRECTOR 002.00
Director
$0 $0 $0
VANESSA KERNER DIRECTOR 002.00
Director
$0 $0 $0
MARK YAEGER DIRECTOR 002.00
Director
$0 $0 $0
KRISTEN COOPER DIRECTOR 002.00
Director
$0 $0 $0
CHRISSY BECK DIRECTOR 002.00
Director
$0 $0 $0
JIM HEGGER DIRECTOR 002.00
Director
$0 $0 $0
MICK WELTMAN DIRECTOR 002.00
Director
$0 $0 $0
MATTHEW RENIE DIRECTOR 002.00
Director
$0 $0 $0
JOHNNA MURRAY DIRECTOR 002.00
Director
$0 $0 $0
PATRICK BENNETT DIRECTOR 002.00
Director
$0 $0 $0
SANDRA DRESSEL DIRECTOR 002.00
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
2025 $2,375,694 $2,313,779 $11,704,624 $61,915
2024 No data No data No data No data
2023 $2,527,504 $2,352,655 $11,347,875 $174,849
2023 No data No data $11,402,368 No data
2022 $2,172,794 $2,108,959 $11,402,368 $63,835
2021 $2,913,531 $2,043,054 $11,271,760 $870,477
2020 $2,061,908 $2,004,707 $10,442,752 $57,201
2019 $2,133,673 $1,944,415 $10,347,262 $189,258
2018 $2,231,720 $1,886,395 $10,429,058 $345,325
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