Overview
What is Cchnc South Lake Towers Inc?
Cchnc South Lake Towers Inc is a nonprofit organization situated in Walnut Creek, California. They are dedicated to managing a 130-unit low-income housing complex, specifically catering to elderly and handicapped individuals, in Oakland, California. The complex is subsidized by the United States Department of Housing and Urban Development, with a mission to provide affordable housing options for this particular demographic.
Is Cchnc South Lake Towers Inc legitimate?
Cchnc South Lake Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cchnc South Lake Towers Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,187
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What is the mission statement of Cchnc South Lake Towers Inc?
Cchnc South Lake Towers Inc operates a 130-unit housing complex, specifically designed for low and moderate-income elderly individuals. Located in Oakland, California, this complex is subsidized by the US Department of Housing and Urban Development. The organization's mission is to provide affordable and accessible housing for this vulnerable population, ensuring they have a secure living environment. Additionally, the complex offers support services to enhance the quality of life for its residents, promoting their overall well-being and independence.
Who is the CEO of Cchnc South Lake Towers Inc?
Don Stump is the Chairman of Cchnc South Lake Towers Inc. The CEO's salary of Cchnc South Lake Towers Inc is $0 and their total compensation is $386,862.
What is the revenue of Cchnc South Lake Towers Inc?
Cchnc South Lake Towers Inc's revenue in 2022 was $3,098,290.
Who are the executives of Cchnc South Lake Towers Inc and what are their salaries?
There 12 volunteers at Cchnc South Lake Towers Inc.
Here are 15 key members and their salaries (Cchnc South Lake Towers Inc's CEO's salary is $0 and their total compensation is $386,862):
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- Related: $332,945
- Other: $53,917
Where can I find the form 990 for Cchnc South Lake Towers Inc?
Cchnc South Lake Towers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cchnc South Lake Towers Inc
Cchnc South Lake Towers Inc, as a nonprofit organization, is dedicated to operating a 130-unit apartment complex specifically catering to low and moderate-income elderly individuals. This complex, situated in Oakland, California, serves as a living space for senior citizens and persons with disabilities, providing them with a secure and supportive environment. The U.S. Department of Housing and Urban Development subsidizes this residential complex, ensuring affordable housing options for the targeted population. By operating this facility, Cchnc South Lake Towers Inc contributes to enhancing the quality of life for elderly and handicapped individuals, providing them with a sense of community and security.
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Impact
October, 2024
Cchnc South Lake Towers Inc significantly impacts the community by providing a stable and affordable housing solution for elderly and handicapped individuals in Oakland, California. Operating a 130-unit housing complex, it offers essential support to low and moderate-income residents, ensuring they have access to safe and suitable living conditions. This initiative not only addresses the critical housing needs of vulnerable populations but also fosters a sense of community and belonging among its residents. By collaborating with the U.S. Department of Housing and Urban Development for subsidies, Cchnc South Lake Towers Inc plays an integral role in enhancing the quality of life for those it serves, allowing them to live with dignity and independence.
This information is meant to be a general summary of Cchnc South Lake Towers Inc. 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: $2,625
- Program Service Revenue: $582,637
- Gross Receipts: $3,098,290
Assets and Liabilities:
- Total Assets: $11,447,425
- Total Liabilities: $23,422,542
- Net Assets: -$11,975,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$553,047
OTHER INCOME
Revenue
$29,590
Organization Details
Founding Year
2001
Phone
(510) 632-6712Principal Officer
Don Stump
Main Address
1855 OLYMPIC BLVD 300, WALNUT CREEK, CA, 945965019
NTEE Category
Code: L21 - Housing
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