Overview
What is San Luis Obispo County Housing Trust Fund?
San Luis Obispo County Housing Trust Fund is a nonprofit organization situated in San Luis Obispo, California. Its primary mission is to provide financing and technical assistance, facilitating the creation and preservation of affordable housing for lower and moderate-income households and those with special needs. By increasing the supply of such housing, the organization aims to contribute positively to the local community. With a dedicated team of five employees, the Trust Fund is committed to enhancing housing affordability in the county.
Official website here: www.slochtf.org
What are the reviews and ratings of this charity?
96% - Four-Star out of Four Star rating
The San Luis Obispo County Housing Trust Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. The organization demonstrates a high level of transparency and governance, with an entirely independent board and robust financial oversight, which are essential indicators of a well-managed nonprofit.
The rating highlights several strengths, including an exemplary conflict of interest policy and the presence of a whistleblower policy, both of which contribute to ethical governance. Additionally, the fund maintains a favorable liabilities to assets ratio and a solid program expense ratio, indicating effective use of resources towards its mission of providing housing solutions in the community.
However, while the organization excels in governance and financial management, the program expense ratio, although strong, suggests there may be room for further investment in programmatic activities. Overall, the San Luis Obispo County Housing Trust Fund stands out as a responsible and accountable organization committed to addressing housing needs in their region.
This AI summary has been generated from information found on Charity Navigator.
Is San Luis Obispo County Housing Trust Fund legitimate?
San Luis Obispo County Housing Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Luis Obispo County Housing Trust Fund 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $131,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,450
For more financial information, click here
Official website here: www.slochtf.org
What is the mission statement of San Luis Obispo County Housing Trust Fund?
The San Luis Obispo County Housing Trust Fund's mission is centered around increasing the availability of affordable housing. In line with this, the organization provides financing and technical assistance to facilitate the creation and preservation of affordable housing units. This is primarily aimed at lower and moderate income households, as well as those with special needs. The goal is to enhance accessibility to affordable housing, thereby contributing to a more equitable housing landscape.
Official website here: www.slochtf.org
Who is the CEO of San Luis Obispo County Housing Trust Fund?
Jeff Eckles is the Chair Principal of San Luis Obispo County Housing Trust Fund. The CEO's salary of San Luis Obispo County Housing Trust Fund is $71,250 and their total compensation is $81,601.
Official website here: www.slochtf.org
What is the revenue of San Luis Obispo County Housing Trust Fund?
San Luis Obispo County Housing Trust Fund's revenue in 2022 was $771,392.
Official website here: www.slochtf.org
Who are the executives of San Luis Obispo County Housing Trust Fund and what are their salaries?
The average compensation at San Luis Obispo County Housing Trust Fund during 2022 was $49,450. There are 5 employees and 15 volunteers at San Luis Obispo County Housing Trust Fund.
Here are 10 key members and their salaries (San Luis Obispo County Housing Trust Fund's CEO's salary is $71,250 and their total compensation is $81,601):
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- Compensation: $71,250
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- Other: $10,351
- Compensation: $44,612
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- Other: $5,586
Official website here: www.slochtf.org
Where can I find the form 990 for San Luis Obispo County Housing Trust Fund?
San Luis Obispo County Housing Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.slochtf.org
Learn more at the official website: www.slochtf.org
Mission Statement of San Luis Obispo County Housing Trust Fund
The San Luis Obispo County Housing Trust Fund is dedicated to expanding the availability of affordable housing within the county. In pursuit of this mission, the organization provides financial assistance and technical support to foster the creation and preservation of affordable housing units for households with lower and moderate income levels, as well as those with special needs. By engaging in these activities, the San Luis Obispo County Housing Trust Fund aims to contribute significantly to the community by ensuring that a broader range of individuals can secure suitable housing accommodations.
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Impact
October, 2024
The San Luis Obispo County Housing Trust Fund plays a crucial role in addressing the affordable housing crisis in the region. By providing financing and technical assistance, it actively works to increase the supply of affordable housing specifically for lower and moderate-income households, as well as for individuals with special needs. Through its efforts, the Trust Fund helps to create and preserve essential housing options, ensuring that more residents can access safe and sustainable living conditions. This impact not only supports individual families but also contributes to the overall stability and economic health of San Luis Obispo County.
This information is meant to be a general summary of San Luis Obispo County Housing Trust Fund. 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: $12,309
- Program Service Revenue: $640,752
- Gross Receipts: $771,392
Assets and Liabilities:
- Total Assets: $19,431,798
- Total Liabilities: $7,582,588
- Net Assets: $11,849,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$610,814
LOAN FEES
Revenue
$29,938
Organization Details
Founding Year
2003
Phone
(805) 543-5970Principal Officer
Jeff Eckles
Main Address
71 ZACA LANE 130, SAN LUIS OBISPO, CA, 93401
Website
www.slochtf.orgNTEE Category
Code: L20 - Housing
If you are a representative of San Luis Obispo County Housing Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.