Public Charity

RAINBOW HOUSING ASSISTANCE CORPORATION

RAINBOW HOUSING ASSISTANCE CORPORATION is a Public Charity headquartered in GLENDALE, AZ. Financial data from the 2024 filing: $6.4M revenue, $5.5M expenses, $14.8M total assets. 38 publicly reported grants to this organization, totaling roughly $393K, appear in IRS filings.

EIN: 300108119 GLENDALE, AZ Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$6.4M
Total Expenses$5.5M
Total Assets$14.8M
Grant Records38
Funding Total$393K
Filing Years2019–2024

Mission

TO FACILITATE THE PROVISION OF SAFE AND AFFORDABLE HOUSING FOR LOW INCOME AND VERY LOW INCOME PERSONS AND THEIR FAMILIES.

Where $100 goes at Rainbow Housing Assistance Corporation

How Rainbow Housing Assistance Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 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 $90 for programs

$90
Rainbow Housing Assistance Corporation provides safe and affordable housing for low income and very low income persons and their families
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Flynann Janisse
SECRETARY/CHIEF FINANCIAL Gary Silversmith
DIRECTOR Hugh Cobb
PRESIDENT Joseph L Sherman
DIRECTOR Joshua Allen
DIRECTOR Keith Rosenthal

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$259,294 16 grants
Human & Social Services
$87,500 4 grants
Mental Health & Substance Abuse
$46,200 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $6.4M $5.5M $14.8M
2023 $5.8M $4.4M $13.9M
2022 $4.3M $3.9M $12.5M
2020 $3.1M $2.9M $10.4M
2019 $2.6M $2.7M $9.7M

Between 2019 and 2024, reported annual revenue grew from $2.6M to $6.4M (+145%), with total assets most recently reported at $14.8M.

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

See the full picture for RAINBOW HOUSING ASSISTANCE CORPORATION

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