Overview
What is Highlands Mutual Housing Corporation Inc?
Highlands Mutual Housing Corporation Inc is a nonprofit organization situated in north Highlands, California. Their primary mission involves managing and operating affordable rental housing, specifically the Highlands apartments, which is a 90-unit project designed for low-income and formerly homeless individuals. This initiative aims to provide a housing solution, contributing to the community's overall affordability and accessibility. The corporation's work focuses on providing decent living spaces for those who might not otherwise have the means.
Is Highlands Mutual Housing Corporation Inc legitimate?
Highlands Mutual Housing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands Mutual Housing Corporation 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: $170,301
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What is the mission statement of Highlands Mutual Housing Corporation Inc?
Highlands Mutual Housing Corporation Inc is committed to providing affordable rental housing. They achieve this by operating and managing affordable housing units, as evident in their operation of the Highlands apartments, a 90-unit project in north Highlands, California, catering to low-income and formerly homeless individuals. The corporation's mission is focused on making housing accessible, thereby contributing to a diverse and inclusive housing market.
Who is the CEO of Highlands Mutual Housing Corporation Inc?
Roberto Jimenez is the Ceo of Highlands Mutual Housing Corporation Inc. The CEO's salary of Highlands Mutual Housing Corporation Inc is $0 and their total compensation is $244,650.
What is the revenue of Highlands Mutual Housing Corporation Inc?
Highlands Mutual Housing Corporation Inc's revenue in 2022 was $1,504,581.
Who are the executives of Highlands Mutual Housing Corporation Inc and what are their salaries?
There 4 volunteers at Highlands Mutual Housing Corporation Inc.
Here are 6 key members and their salaries (Highlands Mutual Housing Corporation Inc's CEO's salary is $0 and their total compensation is $244,650):
- 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: $212,750
- Other: $31,900
- Compensation: $0
- Related: $190,498
- Other: $20,688
Where can I find the form 990 for Highlands Mutual Housing Corporation Inc?
Highlands Mutual Housing Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highlands Mutual Housing Corporation Inc
Highlands Mutual Housing Corporation, a nonprofit organization, is dedicated to operating affordable rental housing. They have taken on this mission by owning and managing the Highlands apartments, a 90-unit housing project specifically designed for low-income individuals and those who were previously homeless. Situated in North Highlands, California, this project provides a safe and affordable living space for those in need. By offering affordable housing options, Highlands Mutual Housing Corporation contributes to the well-being and stability of its residents, providing them with a solid foundation from which to build a better future.
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Impact
October, 2024
Highlands Mutual Housing Corporation Inc plays a crucial role in providing affordable rental housing in north Highlands, CA. By operating the Highlands apartments, a 90-unit facility specifically designed for low-income individuals and formerly homeless families, the organization directly addresses the pressing need for accessible housing in the community.
The impact of this initiative extends beyond merely offering roofs over people's heads; it significantly enhances the quality of life for residents by fostering stability and security. By creating a supportive environment for those who may be struggling economically or facing homelessness, Highlands Mutual Housing Corporation helps to break the cycle of poverty and promotes community cohesion.
Additionally, the presence of affordable housing in the region contributes to local economic growth, as it allows residents to allocate their limited resources towards education, health care, and other essential services. In essence, Highlands Mutual Housing Corporation Inc is instrumental in transforming lives, uplifting the community, and ensuring that everyone has a place they can call home.
This information is meant to be a general summary of Highlands Mutual Housing Corporation 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: $436,874
- Program Service Revenue: $1,067,707
- Gross Receipts: $3,418,260
Assets and Liabilities:
- Total Assets: $17,711,793
- Total Liabilities: $9,865,977
- Net Assets: $7,845,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,054,255
OTHER INCOME
Revenue
$13,452
Organization Details
Founding Year
2009
Phone
(916) 453-8400Principal Officer
Roberto Jimenez
Main Address
3321 POWER INN ROAD 320, SACRAMENTO, CA, 95826
NTEE Category
Code: L21 - Housing
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