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Tassafaronga Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261358548 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Tassafaronga Housing Corporation?

Tassafaronga Housing Corporation serves as the primary manager for two partnerships situated in Oakland, California. Their mission is to develop and maintain affordable housing for individuals and families with limited income, contributing to the city's Housing Authority's objectives in line with a specific section. This nonprofit organization seeks to support the Housing Authority of Oakland through these partnerships, thereby benefiting the local community by providing affordable housing solutions for its residents.

Is Tassafaronga Housing Corporation legitimate?

Tassafaronga Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tassafaronga Housing Corporation submitted a form 990EZ, 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.

What is the mission statement of Tassafaronga Housing Corporation?

Tassafaronga Housing Corporation serves as the managing partner of two limited partnerships, focusing on developing and owning affordable housing for low-income individuals and families. Its primary objective is to support the Housing Authority of the City of Oakland, fulfilling a charitable and public purpose in accordance with certain regulations. The corporation's mission is to contribute to the betterment of these communities, providing housing opportunities for those in need.

Who is the CEO of Tassafaronga Housing Corporation?

Lynette Jung Lee is the President of Tassafaronga Housing Corporation. The CEO's salary of Tassafaronga Housing Corporation is $0 and their total compensation is $0.

What is the revenue of Tassafaronga Housing Corporation?

Tassafaronga Housing Corporation's revenue in 2022 was $20,788.

Who are the executives of Tassafaronga Housing Corporation and what are their salaries?


Here are 5 key members and their salaries (Tassafaronga Housing Corporation's CEO's salary is $0 and their total compensation is $0):


Patricia Wells (Director & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Kaydanovskaya (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Madamba (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janny Castillo (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynette Jung Lee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Tassafaronga Housing Corporation?

Tassafaronga Housing Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Tassafaronga Housing Corporation

Tassafaronga Housing Corporation, in its role as the general managing partner of two limited partnerships, is dedicated to developing and owning affordable housing for low-income individuals and households. This organization operates with a charitable and public purpose, aiming to support the Housing Authority of the City of Oakland, in line with a specific section. By fulfilling this mission, Tassafaronga Housing Corporation contributes to the betterment of the community by providing affordable living solutions for those in need.

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Impact




October, 2024

Tassafaronga Housing Corporation plays a vital role in addressing the affordable housing crisis in Oakland, California. By acting as the general managing partner of two limited partnerships, the organization is directly involved in the development and ownership of affordable housing designed for low-income individuals and families. This initiative significantly enhances the housing landscape in the area, providing essential support to those who may otherwise struggle to secure stable and affordable living conditions.

The impact of Tassafaronga Housing Corporation extends beyond mere housing; it fosters community stability and empowers residents. By focusing on low-income households, the organization contributes to a more equitable environment, ensuring that all community members have access to safe and secure housing options. This aligns with and supports the goals of the Housing Authority of the City of Oakland, promoting sustainable development and addressing the broader challenges of housing affordability in the region. Through its efforts, Tassafaronga Housing Corporation is making a meaningful difference in the lives of many, ultimately strengthening the fabric of the community.




This information is meant to be a general summary of Tassafaronga Housing 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.

Revenue
$20,788 (2022)
Expenses
$1,461,579 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15
  • Program Service Revenue: $20,773
  • Gross Receipts: $20,788

Assets and Liabilities:

  • Total Assets: $201,885
  • Total Liabilities: $2,966,613
  • Net Assets: -$2,764,728

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Organization Details

Principal Officer

Lynette Jung Lee

Main Address

1619 HARRISON ST, OAKLAND, CA, 946123307

NTEE Category

Code: L20 - Housing

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