Overview
What is Housing Opportunities Corporation?
Housing Opportunities Corporation is a nonprofit organization situated in Providence, Rhode Island, specifically at 861A Broad Street. Their primary mission is to provide management services for affordable housing projects, which are sponsored by affiliates such as Women's Development Corporation and Women's Opportunity Realty Corporation. These affiliates are also nonprofit organizations, as indicated by their 501(c)(3) status. The management services provided by Housing Opportunities Corporation aim to benefit low-income housing projects, contributing to the overall goal of making affordable housing more accessible.
Official website here: www.wdchoc.org
Is Housing Opportunities Corporation legitimate?
Housing Opportunities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Opportunities Corporation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $2,042,749
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Official website here: www.wdchoc.org
What is the mission statement of Housing Opportunities Corporation?
The Housing Opportunities Corporation provides management services with the primary aim of benefiting low-income housing projects. This organization offers its expertise to housing projects sponsored by the Women's Development Corporation and Women's Opportunity Realty Corporation, both being 501(c)(3) affiliates. Their mission is centered around enhancing the living conditions and accessibility of affordable housing for those in need, contributing to a more inclusive and equitable community.
Official website here: www.wdchoc.org
Who is the CEO of Housing Opportunities Corporation?
Frank Shea is the Treasurer of Housing Opportunities Corporation.
Official website here: www.wdchoc.org
What is the revenue of Housing Opportunities Corporation?
Housing Opportunities Corporation's revenue in 2022 was $2,976,674.
Official website here: www.wdchoc.org
Who are the executives of Housing Opportunities Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.wdchoc.org
Where can I find the form 990 for Housing Opportunities Corporation?
Housing Opportunities Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wdchoc.org
Learn more at the official website: www.wdchoc.org
Mission Statement of Housing Opportunities Corporation
Housing Opportunities Corporation, a nonprofit entity, is dedicated to providing management services that benefit low-income housing projects. This organization plays a significant role in supporting two 501(c)(3) affiliates, Women's Development Corporation and Women's Opportunity Realty Corporation, in their housing initiatives. By offering its management services, Housing Opportunities Corporation contributes to the development and maintenance of affordable housing options for those in need. Its mission is to ensure that these housing projects are well-managed, thereby providing safe and secure living environments for their residents.
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Impact
October, 2024
Housing Opportunities Corporation plays a crucial role in enhancing the availability and quality of low and moderate-income housing. By providing specialized management services, it ensures that housing projects sponsored by the Women's Development Corporation and Women's Opportunity Realty Corporation operate efficiently and effectively. This focus on management directly benefits the communities it serves, fostering stable living environments for residents and contributing to overall community well-being. Operating primarily in Providence, RI, the Corporation's mission emphasizes the importance of sustainable housing solutions that empower low-income individuals and families, thereby creating a positive ripple effect within the local economy and society.
This information is meant to be a general summary of Housing Opportunities Corporation. 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: $289
- Program Service Revenue: $2,976,264
- Gross Receipts: $2,976,674
Assets and Liabilities:
- Total Assets: $1,631,770
- Total Liabilities: $222,652
- Net Assets: $1,409,118
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT REIMBURSEMENTS
Revenue
$2,338,637
MANAGEMENT FEES
Revenue
$637,627
Organization Details
Founding Year
1979
Phone
(401) 941-2900Principal Officer
Frank Shea
Main Address
861A BROAD STREET, PROVIDENCE, RI, 02907
Website
www.wdchoc.orgNTEE Category
Code: L020 - Housing
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