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Compass For Affordable Housing

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

EIN: 270604434 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Compass For Affordable Housing?

Compass For Affordable Housing is a nonprofit organization committed to addressing housing needs for low and moderate-income families, seniors, individuals with disabilities, veterans, and the homeless. Their mission involves developing, managing, and offering affordable housing options alongside essential social services. Their primary goal is to ensure these vulnerable groups have access to suitable living conditions and necessary support services to improve their quality of life.

Is Compass For Affordable Housing legitimate?

Compass For Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass For Affordable Housing 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: $13,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,193

For more financial information, click here

What is the mission statement of Compass For Affordable Housing?

Compass For Affordable Housing is dedicated to developing, managing, and offering affordable housing and social services for individuals from various backgrounds, including low-income families, seniors, handicapped individuals, veterans, and the homeless. Their primary objective is to provide these services, aiming to improve the living conditions and overall well-being of these groups. The organization's mission is to fulfill this objective and contribute positively to their communities.

Who is the CEO of Compass For Affordable Housing?

Nicki Cometa is the President of Compass For Affordable Housing.

What is the revenue of Compass For Affordable Housing?

Compass For Affordable Housing's revenue in 2022 was $1,295,606.

Who are the executives of Compass For Affordable Housing and what are their salaries?


Here are 6 key members and their salaries:


Nicki Cometa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Gomez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Laverty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Woolley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Waheed Karim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katelyn Silverwood (Executive Director)
  • Compensation: $13,077
  • Related: $0
  • Other: $0
Where can I find the form 990 for Compass For Affordable Housing?

Compass For Affordable Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Compass For Affordable Housing

Compass for Affordable Housing is committed to a noble mission. This nonprofit organization focuses on developing, managing, and providing affordable housing and social services for individuals and families who fall under the categories of low and moderate income, seniors, handicapped individuals, veterans, and the homeless. The primary objective and purpose of Compass for Affordable Housing is to fulfill this mission, ensuring that these vulnerable groups have access to housing that is within their financial means and necessary support services. By doing so, Compass for Affordable Housing aims to contribute positively to the well-being and stability of these communities, empowering them to lead fulfilling lives.

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Impact




October, 2024

Compass for Affordable Housing significantly impacts the San Diego community by developing and managing affordable housing solutions tailored to the needs of low and moderate-income families, seniors, individuals with disabilities, veterans, and those experiencing homelessness. By providing access to stable housing, Compass helps ensure that vulnerable populations have a safe place to live, which is foundational for improving overall well-being and quality of life.

In addition to housing, Compass offers essential social services that support residents in achieving greater self-sufficiency and navigating challenges they may face. This holistic approach not only addresses immediate housing needs but also fosters long-term stability and community resilience, ultimately contributing to a healthier, more inclusive society. By advocating for affordable housing and working directly with those in need, Compass plays a crucial role in alleviating housing insecurity and advancing social equity in the region.




This information is meant to be a general summary of Compass For Affordable Housing. 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
$1,295,606 (2022)
Expenses
$132,492 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $121,205
  • Gross Receipts: $1,295,606

Assets and Liabilities:

  • Total Assets: $1,461,341
  • Total Liabilities: $4,750
  • Net Assets: $1,456,591

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT SERVICES

Revenue

$121,205

Organization Details

Founding Year

2009

Principal Officer

Nicki Cometa

Main Address

13520 EVENING CREEK DR N STE 160, SAN DIEGO, CA, 92128

NTEE Category

Code: B99 - Education

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