REACH INC

LEXINGTON, KY | Fayette County
Affordable Housing

Overview

REACH INC
61-1274340
733 RED MILE RD
LEXINGTON, KY 40504
Fayette County
(859) 455-8057

Mission Statement info

TO HELP LOW- TO MODERATE-INCOME FAMILIES AND INDIVIDUALS BECOME FINANCIALLY SELF-SUFFICIENT AND OBTAIN AFFORDABLE HOUSING.

Founded info
1994
Total Employees info
3
Total Volunteers info
0
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • HUD Counseling Agency
Nonprofit Classification (NTEE Code) info
L21

L - Housing, Shelter

Low-Income & Subsidized Rental Housing

Organizations that develop, rehabilitate, manage and/or provide rental housing that is available to people who qualify on the basis of income, age or disability for publicly subsidized housing e.g., HUD housing or housing assistance under Section 8 of the Housing and Urban Development Act.

IRS Activity Codes info
995
Uncoded
381
Low and moderate income housing
-
Not reported
Standard Business Classification (NAICS Code) info
531110
Pension Funds

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Financial Management/Budget Counseling
  • Mortgage Delinquency and Default
  • Non-Delinquency Post Purchase Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
  • Predatory Lending Education Workshops
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$694.4K
Revenue
$533.5K
Assets
$338K
Exempt Ruling Date info
1996-04
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
KY
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
733 RED MILE RD
LEXINGTON, KY 40504
Fayette County
FIPS Geocoded Address info
30460
MSA/CBSA info
21
State info
067
County info
0019.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Lexington-Fayette, KY
Combined Statistical Area info
Lexington-Fayette--Richmond--Frankfort, KY
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 35.3%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0019.00 Fayette County
Population
Total Population 4,992 320,601
Total Households 1,905 129,784
Income
Median Family Income (Census*) $17,713 $57,291
Median Family Income (2019 FFIEC) $74,500 N/A
Tract Income Percentage 26.51% N/A
Below Poverty Level 59.1% 16.8%
Unemployment Level 14.9% 5.1%
Housing
Total Housing Units 2,093 141,653
Total Owner-Occupied Units 15.4% 54.4%
Total Renter-Occupied Units 75.6% 45.6%
Total Vacant Units 9.0% 6.1%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

19
Total Voting Members
in Governing Body
info
19
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Tina Burns
Executive Director
(859) 258-3535
Principal Officer info
Tina Burns
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.