Rainbow Village Properties, Inc.
Neighborhood Homes for People with Developmental Disabilities
Rainbow Village Properties, Inc.
EIN: 68-0574765
Mission
Promise Community Homes, formerly Rainbow Village enriches the lives of individuals with developmental disabilities by providing safe, affordable and well-maintained neighborhood homes. By meeting the essential needs of people with disabilities we are enhancing quality of lives – one home at a time. Today, there is a critical need for residential placements for adults with developmental disabilities. More than 400 people are now living at home, in nursing homes, or substandard housing and are waiting for a quality home in the Greater St. Louis metropolitan area alone. Promise Community Homes' goal is to provide safe, affordable and accessible homes for as many people with intellectual and developmental disabilities as possible.
Ruling year
2006
Executive Director
Matt Elmore
Main address
1240 Dautel Ln
St. Louis, MO 63146 USA
EIN
68-0574765
Housing development
Housing for people with disabilities
Special population support
Developmental disability services
Population served
People with physical disabilities
People with intellectual disabilities
People with disabilities
NTEE code
Developmentally Disabled Services/Centers (P82)
Services to Promote the Independence of Specific Populations (P80)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Affiliations
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Today, there is a critical need for residential placements for adults with developmental disabilities. More than 400 people are now living at home, in nursing homes, or substandard housing and are waiting for a quality home in the Greater St. Louis metropolitan area alone. Promise Community Homes, formerly Rainbow Village, aims to provide safe, affordable and accessible homes for as many people with developmental disabilities as possible.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Neighborhood Homes
Promise Community Homes is the only non-profit organization in the St. Louis area that focuses solely on providing safe, affordable, neighborhood homes for people with intellectual and developmental disabilities. Our mission is to create opportunities for people with intellectual and developmental disabilities to live independently in affordable, accessible homes in their own communities. Promise Community Homes' 86 properties are located in St. Louis County, St. Charles County, the City of St. Louis, and Jefferson County.
Community Facility
Our community center provides classroom space, a gymnasium, and a therapeutic pool that benefits hundreds of people with disabilities. Service agencies partner with Promise Community Homes and utilize the facility for educational, vocational and life skills training. Several agencies use the heated pool for therapy and rehabilitation as well as swimming lessons. Our gymnasium is utilized by several adult and children’s groups for different activities, and is also used for resident dances, holiday events and workshops.
Where we work
External reviews
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of homebuyers/tenants with low incomes receiving housing subsidies as a result of the nonprofit's efforts
This metric is no longer tracked.Totals By Year
Population(s) Served
People with disabilities
Related Program
Neighborhood Homes
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
100% of our clients receive state aid in the form of SSI and medicaid waivers as a result of their disability.
Average number of service recipients per month
This metric is no longer tracked.Totals By Year
Population(s) Served
People with disabilities
Related Program
Neighborhood Homes
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
As we purchase new homes and are able to help more individuals our client base grows on average of 10 per year.
Number of people no longer living in unsafe or substandard housing as a result of the nonprofit's efforts
This metric is no longer tracked.Totals By Year
Population(s) Served
People with disabilities
Related Program
Neighborhood Homes
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
All of our clients were either living with aging parents or in substandard housing or nursing facilities. We provide safe, affordable, accessible, long term houses they call homes of their own.
Number of people in the area with access to affordable housing as a result of the nonprofit's efforts
This metric is no longer tracked.Totals By Year
Population(s) Served
People with disabilities
Related Program
Neighborhood Homes
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
We offer an array of residential living options that are tailored to the person’s needs and capacities, allowing complete autonomy for our residents.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Promise Community Homes currently owns and maintains 86 homes, serving 300 adults with developmental disabilities.
What are the organization's key strategies for making this happen?
Our model finds safe, suitable homes for individuals with developmental disabilities, purchases and customizes the houses to enable these citizens to live in a home of their own. Promise Community Homes/Rainbow Village homes are outfitted with all the necessary safety and environmental modifications for the individuals to live safely, with long-term low costs, and customized with financial support to fit their capabilities. We include all required maintenance so our residents, and their families, live worry free. This model is recognized by the federal government for economical and safe housing, allowing these citizens to beneficially participate in society.
What are the organization's capabilities for doing this?
Most of our residents come from the lowest socioeconomic levels. Many of the individuals we serve have public administrators or serve as their own guardians. Our residents qualify for Medicaid Waivers and receive social security income for the disabled to pay their living expenses. Each PCH/RBV home is purchased based on the location and the needs of the residents. We determine the amount of rent they can afford from their limited social security incomes for the disabled.
Our model allows the residents to be able to live in an affordable house that will be monitored and renovated as needed, so they can age in-place in a neighborhood home that meets their needs. Through fundraising, we are able to modify homes to meet the changing mobility and medical needs of our residents. Fundraising also allows for routine and expensive maintenance projects. These residents and their loved ones can be assured that they will have a home to call their own and their families will have peace of mind.
Today there is an identified population of more than 4,000 adult-children with intellectual and developmental disabilities in nursing homes or living with parents over the age of 65 in the State of Missouri. PCH/RBV's mission is to serve this fragile population by insuring they have a proper and well-managed home of their own thereby enhancing the quality of their lives, integrating them into communities, and reducing the number of those on the Greater St. Louis Metropolitan region wait list.
What have they accomplished so far and what's next?
The concept for Rainbow Village (RBV), now called Promise Community Homes, began in the mid-1960s with nine families who wanted to provide suitable residential settings for their children with developmental disabilities—to help improve the quality of their lives. Most importantly, the founding families wanted to ensure that their children had a home and care once they could no longer provide it for them. The only option for families at that time was a nursing home or institution.
By 1978, seven group homes, the Wolff Community Center, and a Respite Care Center were opened on nine acres of land in St. Louis County. The success of that initial program led to the expansion of neighborhood homes throughout St. Louis County, St. Charles County, and St. Louis City. From there, our program began to grow.
From 2014 - 2019, the organization experienced substantial growth with the purchase and modification of 20 houses, providing forever homes for an additional 60 individuals in the St. Louis Community bringing our total number to 330+ residents. As of 2023, PCH owns and maintains 86 neighborhood homes. Some homes did not meet our standard of housing (i.e. split-level homes with stairs that were not universally accessible). Now PCH is on course to continue to provide accessible neighborhood homes where anyone can safely age in place.
Our residents desire to have some degree of independence in houses located in neighborhoods close to families, ideally in their hometowns. Our residents are proud to live as independently as possible, enjoying their own homes and yards. And, they enjoy being part of a community. Promise Community Homes also owns and operates the Wolff Community Center, a community center that supports children and adults with physical and/or developmental disabilities. The facilities in the Wolff Community Center are comprised of a heated therapeutic pool (one of only two in the region), a commercial-grade kitchen, a gym, offices, and a day program for aging adults with IDD. We are changing lives - one home, one community at a time!
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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Who are the people you serve with your mission?
Adults with intellectual and developmental disabilities.
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How is your organization collecting feedback from the people you serve?
Electronic surveys (by email, tablet, etc.), Paper surveys, Constituent (client or resident, etc.) advisory committees,
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals,
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With whom is the organization sharing feedback?
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us,
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What challenges does the organization face when collecting feedback?
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2019 info
0.17
Months of cash in 2019 info
0.9
Fringe rate in 2019 info
0%
Funding sources info
Assets & liabilities info
Rainbow Village Properties, Inc.
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
Rainbow Village Properties, Inc.
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of Rainbow Village Properties, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $787,274 | $996,522 | $941,423 | $1,096,929 | $515,060 |
| As % of expenses | 63.4% | 73.2% | 63.6% | 68.9% | 31.5% |
| Unrestricted surplus (deficit) after depreciation | $522,355 | $720,829 | $666,614 | $802,727 | $205,767 |
| As % of expenses | 34.6% | 44.0% | 38.0% | 42.6% | 10.6% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $2,029,882 | $2,141,785 | $2,162,196 | $2,231,720 | $2,133,673 |
| Total revenue, % change over prior year | 23.2% | 5.5% | 1.0% | 3.2% | -4.4% |
| Program services revenue | 47.5% | 49.4% | 53.2% | 56.9% | 60.6% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% | -0.5% | 0.0% | 0.0% |
| Government grants | 21.5% | 33.1% | 25.8% | 25.7% | 9.4% |
| All other grants and contributions | 26.9% | 13.3% | 16.9% | 14.9% | 26.7% |
| Other revenue | 4.1% | 4.2% | 4.5% | 2.5% | 3.3% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $1,242,608 | $1,361,263 | $1,479,455 | $1,592,193 | $1,635,122 |
| Total expenses, % change over prior year | 26.7% | 9.5% | 8.7% | 7.6% | 2.7% |
| Personnel | 47.4% | 46.0% | 45.4% | 48.6% | 49.0% |
| Professional fees | 0.7% | 0.7% | 0.7% | 0.5% | 0.6% |
| Occupancy | 6.2% | 5.6% | 5.3% | 5.1% | 4.5% |
| Interest | 0.0% | 5.1% | 5.3% | 4.9% | 4.4% |
| Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other expenses | 45.8% | 42.6% | 43.3% | 40.9% | 41.4% |
| Full cost components (estimated) info | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $1,507,527 | $1,636,956 | $1,754,264 | $1,886,395 | $1,944,415 |
| One month of savings | $103,551 | $113,439 | $123,288 | $132,683 | $136,260 |
| Debt principal payment | $0 | $0 | $277,004 | $72,096 | $225,160 |
| Fixed asset additions | $1,223,069 | $1,399,632 | $645,207 | $993,120 | $0 |
| Total full costs (estimated) | $2,834,147 | $3,150,027 | $2,799,763 | $3,084,294 | $2,305,835 |
Capital structure indicators
| Liquidity info | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Months of cash | 0.4 | 0.9 | 1.6 | 1.4 | 0.9 |
| Months of cash and investments | 0.4 | 0.9 | 1.6 | 1.4 | 0.9 |
| Months of estimated liquid unrestricted net assets | 0.9 | 1.5 | 1.5 | 1.6 | 1.6 |
| Balance sheet composition info | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Cash | $40,816 | $101,084 | $195,292 | $179,627 | $121,689 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $122,082 | $115,323 | $156,601 | $292,448 | $296,946 |
| Gross land, buildings, equipment (LBE) | $11,285,586 | $12,685,217 | $13,285,753 | $14,264,290 | $14,557,907 |
| Accumulated depreciation (as a % of LBE) | 31.8% | 30.5% | 30.8% | 30.7% | 32.2% |
| Liabilities (as a % of assets) | 31.3% | 32.3% | 29.0% | 26.9% | 24.3% |
| Unrestricted net assets | $5,437,932 | $6,158,761 | $6,825,375 | $7,628,102 | $7,833,869 |
| Temporarily restricted net assets | $0 | $0 | $0 | $0 | N/A |
| Permanently restricted net assets | $0 | $0 | $0 | $0 | N/A |
| Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
| Total net assets | $5,437,932 | $6,158,761 | $6,825,375 | $7,628,102 | $7,833,869 |
Key data checks
| Key data checks info | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Matt Elmore
Matt Elmore began as the new Executive Director of Promise Community Homes on February 1, 2023. He is from central Kentucky. He attended Transylvania University for college, majoring in vocal performance and choral conducting. Matt moved to St. Louis city with his husband Beau and dog Cash in 2020. He brings 12 years of experience in various leadership roles at nonprofits across the country. Before joining Promise Community Homes, he was the Executive Director for Five Star Center in the city where he served older adults and adults with disabilities. Matt is passionate about supporting caregivers and adults with disabilities and looks forward to the opportunity to lead.
Number of employees
Source: IRS Form 990
Rainbow Village Properties, Inc.
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Rainbow Village Properties, Inc.
Board of directorsas of 02/21/2023
Board of directors data
Marcus Adrian
Mackey Mitchell Architects
Term: 2023 - 2026
Marcus Adrian
Mackey Mitchell Architects
Kevin Gunn
Paladin Energy Strategies
Joan Perry
Central Bank of St. Louis
Julie Devine
Ogletree, Deakins, & Nash
Cathy Ash
Emerson
Chris Barbour
TCG Services, LLC
Denny Hayden
DH Custom Homes
Lele Engler
Mike Gardner
Central Bank of St. Louis
Madison Graham
Pace Properties
Alana Pease
Proforma Fund Inc
Kathryn Redmond
Armstrong Teasdale
Brenda Weber
Ameren
Mark Yaeger
World Wide Technology
Eileen Cole
Cole Estate Planning
Jim Fogle
Thompson Coburn
Chrissy Beck
Missouri Charter Public Schools Association
Kristen Cooper
Consultant
Jim Hegger
Cushman & Wakefield
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
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