Overview
What is Culinary And Bartenders Housing Partnership?
Culinary And Bartenders Housing Partnership is a nonprofit organization situated in North Las Vegas, Nevada. Its primary mission is to offer financial education and housing assistance to employees of the Culinary Union Local 226 and the Bartenders Local 165, as well as numerous prominent hotels in the Las Vegas area. This includes providing a zero-interest loan of up to $20,000 to eligible participants for a down payment on a home. The loan must be repaid upon the sale, transfer, or refinance of the property, with the condition that the participant resides in the home as a primary residence. In the fiscal year ending on December 31, 2021, a total of 321,599 such loans were closed.
Is Culinary And Bartenders Housing Partnership legitimate?
Culinary And Bartenders Housing Partnership is a legitimate nonprofit organization registered as a 501(c)(9) entity. Culinary And Bartenders Housing Partnership 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: $0
For more financial information, click here
What is the mission statement of Culinary And Bartenders Housing Partnership?
The Culinary and Bartenders Housing Partnership is an organization dedicated to providing financial education and assistance for housing to employees of the Culinary Union Local 226, Bartenders Local 165, and several prominent hotels in the Las Vegas area. Their primary mission is to help eligible employees secure homes by offering a down payment loan of up to $20,000 with a zero-percent interest rate. This loan must be repaid upon the sale, transfer, or refinance of the property, with the recipient required to reside in the home as a primary residence. In the fiscal year ending December 31, 2021, the partnership closed a total of 321,599 loans under this program.
Who is the CEO of Culinary And Bartenders Housing Partnership?
Lana Loebig is the Board Chair of Culinary And Bartenders Housing Partnership.
What is the revenue of Culinary And Bartenders Housing Partnership?
Culinary And Bartenders Housing Partnership's revenue in 2022 was $1,862,668.
Who are the executives of Culinary And Bartenders Housing Partnership and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Culinary And Bartenders Housing Partnership?
Culinary And Bartenders Housing Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Culinary And Bartenders Housing Partnership
The Culinary and Bartenders Housing Partnership is an organization dedicated to offering financial education and housing assistance to employees of the Culinary Union Local 226, the Bartenders Local 165, and numerous prominent hotels in the Las Vegas area. Its primary mission is to provide eligible participants with financial aid in the form of zero-interest loans, up to a maximum of $20,000, intended for down payments on homes. These loans are repayable upon the sale, transfer, or refinance of the property, with the condition that the participant resides in the home as their primary residence. In the fiscal year ending on December 31, 2021, a total of 321,599 loans were closed through this program.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Culinary and Bartenders Housing Partnership significantly impacts the lives of employees associated with Culinary Union Local 226, Bartenders Local 165, and various prominent hotels in the Las Vegas area by providing essential financial education and housing assistance. One of the key programs offered is the first-time homebuyer down payment assistance. This initiative allows eligible participants to secure loans of up to $20,000, which can be utilized as a zero percent interest down payment for their homes. This financial support is critical for individuals looking to establish stability and homeownership in a competitive housing market.
In the year ending December 31, 2021, the partnership successfully closed over $321,000 in loans, demonstrating its substantial role in helping community members overcome financial barriers associated with purchasing homes. This assistance not only facilitates homeownership but also encourages participants to reside in their homes as a primary residence, fostering a sense of community and belonging. Ultimately, the Culinary and Bartenders Housing Partnership contributes to the economic upliftment of the workforce in the culinary and hospitality sectors, ensuring that employees have access to safe, affordable housing opportunities.
This information is meant to be a general summary of Culinary And Bartenders Housing Partnership. 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.
- Program Service Revenue: $1,862,668
- Gross Receipts: $1,862,668
Assets and Liabilities:
- Total Assets: $17,650,293
- Total Liabilities: $0
- Net Assets: $17,650,293
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,862,668
Organization Details
Founding Year
2008
Phone
(702) 924-2100Principal Officer
Lana Loebig
Main Address
690 W LAKE MEAD, NORTH LAS VEGAS, NV, 89030
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Culinary And Bartenders Housing Partnership 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.