Public Charity

RIVERTON HOMES FOR ELDERLY INC

Based in MORRISTOWN, TN, RIVERTON HOMES FOR ELDERLY INC operates as a Public Charity. The organization reported $74K in revenue, $101K in expenses, $620K in total assets for fiscal year 2026.

EIN: 204420692 MORRISTOWN, TN Support N.E.C. NTEE: B19 Latest filing: 2026
Total Revenue$74K
Total Expenses$101K
Total Assets$620K
Grant Records0
Filing Years2022–2026

Mission

TO PROVIDE HOUSING FOR LOW-INCOME ELDERLY OR HANDICAPPED TENANTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.

Where $100 goes at Riverton Homes for Elderly Inc

How Riverton Homes for Elderly Inc divides every $100 it spends, from its own Form 990 filings, averaged across 10 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
Provided housing for low-income elderly or handicapped tenants under section 202 of the national housing act; regulated by hud as to rent charges and operating methods
All program spending · Reported in the filing: 15 units
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Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Bill Mitrik
VICE-PRESIDENT Jack Yates
DIRECTOR Joe Benthal
PRESIDENT Kay Hale
DIRECTOR Lane Wolfenbarger
DIRECTOR Megan Barnard

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2026 $74K $101K $620K
2025 $68K $90K $642K
2024 $70K $86K $664K
2023 $63K $95K $683K
2022 $67K $87K $713K

Between 2022 and 2026, reported annual revenue grew from $67K to $74K (+11%), with total assets most recently reported at $620K.

Interactive year-over-year charts and full filing details available with membership.

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