Skip to main content

Nonprofit · EIN 90-0086217

RAINBOW HEIGHTS INCE

Tax-exempt · DULUTH, GA 30096

Financials

$462K$469K2023$527K$567K2024
Revenue Expenses · by fiscal year end
Financials of RAINBOW HEIGHTS INCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$527,379$566,949-$39,570$2,294,208$3,828,375-$1,534,167
December 31, 2023990$461,502$469,047-$7,545$2,247,470$3,742,067-$1,494,597
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$526,765
Investment income
$427
Other revenue
$187

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$97,886
Salaries, compensation and benefits (total)
$119,919
Professional fundraising fees
$0
Accounting fees
$26,180
Depreciation
$89,437
Program services (functional)
$500,321
Management and general (functional)
$66,628

Balance sheet and other

Total assets, start of year
$2,247,470
Total assets, end of year
$2,294,208
Total liabilities, end of year
$3,828,375
Net assets, end of year
-$1,534,167
Land, buildings and equipment
$2,043,319
Net assets without donor restrictions
-$1,534,167
Gross receipts
$527,379
Employees
0
Volunteers
10
Year formed
2003
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Misoon LeeChair
Trustee or director, Officer
2$0
Elba Ramos AlgarinSecretary
Trustee or director, Officer
2$0
Erin ChunTreasurer
Trustee or director, Officer
2$0
Javier Benavides EsqDirector
Trustee or director
2$0
Saumeth Cardona MDDirector
Trustee or director
2$0
Yenny FelizDirector
Trustee or director
2$0
Isaac HwangDirector
Trustee or director
2$0
Miryung LeeDirector
Trustee or director
2$0
Jong K Song MDDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Michelle FerreyraChairman
Trustee or director, Officer
2$0
Seungjun Stephen LeeCEO
Trustee or director, Officer
2$0
Misoon LeeSecretary
Trustee or director, Officer
2$0
Anthony RoarkDirector
Trustee or director
2$0
Kelly Kimdirector
Trustee or director
2$0
Erin ChunDirector
Trustee or director
2$0
Robert WilliamsDirector
Trustee or director
2$0
Yosef OhayonDirector
Trustee or director
2$0
Elizabeth JiDirector
Trustee or director
2$0
Diana PlazasDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3237 SATELLITE BLVD STE 310, DULUTH, GA 30096-9087
Principal officer (990 for 2024)
Alexis Nkusi, 3237 Satellite Blvd 310, Duluth, GA 30096
Signed the 990
Alexis Nkusi, CEO & CFO
Phone
(678) 330-2000
Return prepared by
Aprio Advisory Group LLC

Mission

Providing housing for elderly persons by operating a HUD-assisted aparment community regulated under Section 202 of the National Housing Act of 1959.

990 for the year ended December 31, 2024

Program accomplishments

  • Providing housing for elderly persons by operating a HUD-assisted aparment community regulated under Section 202 of the National Housing Act of 1959.
    Expenses $500,321 · revenue $526,952

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-0086217
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,294,208
Income (IRS master file)
$527,379

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$527,379$566,949$2,294,208XML
990December 2023$461,502$469,047$2,247,470XML
990December 2022$382,602$458,061$2,279,743IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 90-0086217).

Questions about RAINBOW HEIGHTS INCE

What is the EIN of RAINBOW HEIGHTS INCE?
The employer identification number (EIN) of RAINBOW HEIGHTS INCE is 90-0086217.
Is RAINBOW HEIGHTS INCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to RAINBOW HEIGHTS INCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINBOW HEIGHTS INCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RAINBOW HEIGHTS INCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINBOW HEIGHTS INCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RAINBOW HEIGHTS INCE?
The 990 for the year ended December 31, 2024 names Alexis Nkusi.
Who are the officers and directors of RAINBOW HEIGHTS INCE?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does RAINBOW HEIGHTS INCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $527,379, expenses of $566,949 and total assets of $2,294,208 at year end.

Other nonprofits in DULUTH

All nonprofits in DULUTH · Georgia · Housing and shelter