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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Rainbow Village Properties Inc.

Rainbow Village Properties Inc.

Fiscal year ending 2018. Filed on November 14, 2019.

1240 Dautel Lane
ST Louis, Missouri 63146

Rainbow Village Properties Inc. (EIN: 68-0574765), also known as Promise Community Homes, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Rainbow Village Properties Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 18 total employees. Among the employees shown here, the average compensation is $107,711. The highest compensated employee at Rainbow Village Properties Inc. is Michael Rae with fiscal year 2018 compensation of $107,711. Rainbow Village Properties Inc. changed its name from Promise Community Homes in 2022.

Revenue, expenses, and employee compensation

Revenue

$2,231,720

Expenses

$1,886,395

Employee compensation

$773,611
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Rae
Executive Director
$107,711
$104,060 No related comp$3,651
Jake McDonald
President
$0
Joan Perry
Treasurer
$0
Kevin Gunn
Vice President
$0
Julie Devine
Secretary
$0
Scott Welz
Former President
$0
Jeff Wojciechowski
Vice President
$0
Jessica Erfling
Vice President
$0
Marcus Adrian
Vice President
$0

Benchmark Employee Compensation

Non-Employee Board Members

A van L Brokaw
Director
Alana Pease
Director
Beth Bushke
Director
Cathy Ash
Director
Chris Barbour
Director
Denny Hayden
Director
Ed Hennessy
Director
Eileen Cole
Director
Frank Wilson
Director
James Fogle
Director
Jarrad Holst
Director
Ken Morris
Director

Mission Statement

PROMISE COMMUNITY ENHANCES THE LIVES OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES BY PROVIDING SAFE AND AFFORDABLE HOMES.

Revisions to this organization profile

October 15, 2025:
2024 Rainbow Village Properties Inc. 990 filed
January 21, 2025:
Amended (originally filed November 15, 2024)2023 Rainbow Village Properties Inc. 990 filed
October 11, 2023:
2022 Rainbow Village Properties Inc. 990 filed

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