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Propel Housing

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

EIN: 271217089 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Propel Housing?

Propel Housing is a nonprofit organization committed to providing affordable housing solutions for low-income families. Their primary goal is to develop and preserve affordable rental housing units, aiming to improve living conditions and prevent neighborhood decay. Moreover, Propel Housing also strives to create homeownership opportunities for low-income families, thereby contributing to the revitalization of communities and combating urban blight.


Official website here: www.propelhousing.org

Is Propel Housing legitimate?

Propel Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Propel Housing 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.


Official website here: www.propelhousing.org

What is the mission statement of Propel Housing?

Propel Housing strives to provide high-quality, affordable housing options for families with low income. They accomplish this by actively engaging in the development and preservation of affordable rental properties. Furthermore, Propel Housing aims to revitalize communities and prevent blight by offering home ownership possibilities for low-income families. This mission serves to improve living conditions and promote sustainable neighborhood development.


Official website here: www.propelhousing.org

Who is the CEO of Propel Housing?

Nevin Kohler is the President of Propel Housing.


Official website here: www.propelhousing.org

What is the revenue of Propel Housing?

Propel Housing's revenue in 2022 was $5,695.


Official website here: www.propelhousing.org

Who are the executives of Propel Housing and what are their salaries?


Here are 4 key members and their salaries:


Jarrod Jacobi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Vingiello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nevin Kohler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Blacklock (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.propelhousing.org

Where can I find the form 990EZ for Propel Housing?

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


Official website here: www.propelhousing.org

Learn more at the official website: www.propelhousing.org

Mission Statement of Propel Housing

Propel Housing, as a nonprofit organization, is committed to making a significant impact in the lives of low-income families. Their mission is twofold. Firstly, they strive to develop and preserve affordable rental housing, ensuring that these living spaces remain within reach for families who might otherwise struggle to afford them. This initiative not only provides a roof over their heads but also helps to safeguard communities from decay and blight.

Secondly, Propel Housing aims to create home ownership opportunities for low-income families. By doing so, they contribute to the revitalization of neighborhoods, fostering a sense of community and stability. This aspect of their mission is instrumental in empowering families to build a future for themselves, providing them with a sense of pride and security that comes with home ownership. In essence, Propel Housing is dedicated to enhancing the living conditions and prospects of low-income families, thereby enriching their lives and the communities they inhabit.

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Impact




August, 2024

Propel Housing's impact is centered around creating quality, affordable housing opportunities for low-income families. Their focus on the development and preservation of affordable rental housing helps in revitalizing neighborhoods and preventing blight. Additionally, by providing home ownership opportunities for low-income families, they contribute to the overall well-being and stability of communities. Their work in Sacramento, CA, directly addresses the pressing need for accessible housing options for those in need.




This information is meant to be a general summary of Propel 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
$5,695 (2022)
Expenses
$36,451 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,100
  • Program Service Revenue: $1,595
  • Gross Receipts: $5,695

Assets and Liabilities:

  • Total Assets: $120,859
  • Total Liabilities: $1,342
  • Net Assets: $119,517

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Organization Details

Principal Officer

Nevin Kohler

Main Address

2398 Fair Oaks Blvd Ste 7, Sacramento, CA, 95825

NTEE Category

Code: L21 - Housing

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