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Rdoor Housing Corporation

Indianapolis, IN · EIN 31-1013632 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Rdoor Housing Corporation reported $27.3 million in revenue and $15.0 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 40.5% of the total. Government grants made up 22.2%. The highest compensation it reported for one person was $87,656 (PRESIDENT/CEO). Revenue rose 324% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $27M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
100.0%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
22.4%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
22.2%1.0%
Program service revenue share
Part VIII 2g ÷ 12
37.0%66.2%
Highest reported compensation
Part VII-A, columns D–F
$87,656$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.59%1.57%
People paid over $100,000
Part VII, line 2
05
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.110.0
Independent voting board members
Part VI 1a–1b
9 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · revenue $10M

To promote and provide low and moderate income persons with housing facilities and services specially designed to meet their needs

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Director/trustee, officer, 40.00 hrs/week
$87,656$0$0$87,656

0 people received more than $100,000 in reportable compensation from Rdoor Housing Corporation (Part VII, line 2).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY20202021202220232024$27M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$27M$15M100.0%$18M$87,656
2023 ⓘ$14M$13M100.0%$5.3M$217,146
2022 ⓘ$14M$15M100.0%$4.7M$156,902
2021 ⓘ$15M$12M100.0%$5.9M$77,836
FY2020 ⓘ$6.4M$7.4M100.0%$1.5M$135,363

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Rdoor Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rdoor Housing Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Indiana

Questions people ask

How much of Rdoor Housing Corporation's spending goes to programs?

In calendar year 2024, Rdoor Housing Corporation reported that 100.0% of its $15.0 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Rdoor Housing Corporation pay its top executive?

The largest total compensation Rdoor Housing Corporation reported for one person in calendar year 2024 was $87,656, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rdoor Housing Corporation get its money?

Of $27.3 million in revenue in calendar year 2024, 22.4% came from contributions and grants (including 22.2% from government grants) and 37.0% from program service revenue (Form 990, Part VIII).

Is Rdoor Housing Corporation a registered charity?

The IRS lists EIN 31-1013632 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543179349307154 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413189349308511 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333179349301713 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243049349300964 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349302070 · read the filing

All filings for EIN 31-1013632: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.