Overview
What is Puerto Rican Lutheran Housing Corp?
Puerto Rican Lutheran Housing Corp, doing business as PACO Housing Corporation I, is a nonprofit organization situated in Jersey City, New Jersey. Their primary mission is dedicated to constructing and managing a low-income housing complex, providing affordable living spaces for residents in the area. Established with this mission in mind, the organization operates with a team of 15 dedicated individuals. Their primary activity involves the development and operation of this housing complex, ensuring a safe and affordable living environment for its inhabitants.
Is Puerto Rican Lutheran Housing Corp legitimate?
Puerto Rican Lutheran Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puerto Rican Lutheran Housing Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Puerto Rican Lutheran Housing Corp?
The Puerto Rican Lutheran Housing Corp is committed to constructing and managing housing complexes that cater to individuals with moderate and low incomes. Their mission is centered around providing affordable living spaces. By building and operating these housing complexes, they aim to contribute to the community, ensuring that a wider section of society has access to suitable housing options. This initiative is an essential step towards promoting social equality and providing a decent living standard for all.
Who is the CEO of Puerto Rican Lutheran Housing Corp?
Cesar Sarmiento is the Treasurer of Puerto Rican Lutheran Housing Corp.
What is the revenue of Puerto Rican Lutheran Housing Corp?
Puerto Rican Lutheran Housing Corp's revenue in 2022 was $961,805.
Who are the executives of Puerto Rican Lutheran Housing Corp and what are their salaries?
There are 15 employees at Puerto Rican Lutheran Housing Corp.
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Where can I find the form 990 for Puerto Rican Lutheran Housing Corp?
Puerto Rican Lutheran Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Puerto Rican Lutheran Housing Corp
Puerto Rican Lutheran Housing Corp is dedicated to constructing and managing housing complexes that cater to individuals with moderate and low income levels. The organization's primary mission is to contribute to the provision of affordable living spaces for those in need, thereby providing them with a stable and secure living environment. By building and operating these housing complexes, Puerto Rican Lutheran Housing Corp aims to play a vital role in addressing the housing needs of its target population, thereby contributing to their overall well-being and quality of life.
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Impact
August, 2024
Puerto Rican Lutheran Housing Corp's impact lies in providing low and moderate-income housing solutions in Jersey City, NJ. Through its mission to build and operate housing complexes for those in need, the organization directly addresses the pressing issue of affordable housing in the community. By offering safe and affordable housing options, Puerto Rican Lutheran Housing Corp positively impacts the lives of individuals and families who may otherwise struggle to find suitable accommodation.
This information is meant to be a general summary of Puerto Rican Lutheran Housing Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $31,024
- Gross Receipts: $5,213,793
Assets and Liabilities:
- Total Assets: $15,134,946
- Total Liabilities: $1,980,871
- Net Assets: $13,154,075
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Organization Details
Founding Year
1974
Principal Officer
Cesar Sarmiento
Main Address
192 THIRD ST, Jersey City, NJ, 07302
NTEE Category
Code: L220 - Housing
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