NonprofitsRebuild America Inc

Housing & Shelter

Rebuild America Inc

BISHOP, GA

Total revenue

$2.5M

Total expenses

$1.1M

Net assets

$10.1M

Grants received

EIN

460711021

Tax year

2024

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.

Programs

1 program

The organization serves as the managing general partner and asset manager of various partnerships which have acquired and renovated apartment facilities for low-income elderly residents. The apartment facilities serve the low-income elderly and self-sufficient handicapped residents pursuant to the HUD section 8 rental assistance program.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.2M
Investment income$176K
Other revenue$46K
Total revenue$2.5M

Expenses

Grants paid$6K
Salaries & benefits$814K
Fundraising
Other expenses$269K
Total expenses$1.1M
Total assets$10.2M
Net assets$10.1M

People

7 listed

NameRoleCompensation

Mark J Kemp

President/CEO

Board

$316K

40 hrs/wk

Jason Smith

Vice President

Board

$142K

40 hrs/wk

Kimberly Adams

Project Manager/Assistant Secretary

Board

$111K

40 hrs/wk

Leann Marrale

Chair/Secretary/Director

Board

$40K

4 hrs/wk

Marilou Braswell

Director

Board

1 hrs/wk

Dharan Mandrayar

Director

Board

1 hrs/wk

Sara Dunaway

Project Manager

Staff

$110K

40 hrs/wk

Details

EIN460711021
NTEE codeL21
Subsection03
Ruling date2013-01
Formed2012
Employees5
Volunteers2
REBUILD AMERICA INC — Mission, Financials & Grants Received | Grantivo