Overview
What is Long Beach - Hope Housing Corporation?
Long Beach - Hope Housing Corporation is a nonprofit organization located in Torrance, California, with an address at 21231 Hawthorne Boulevard, 90503. Its primary mission is to create stable and affordable housing for individuals with developmental disabilities. The organization currently operates six housing units, each designed to cater to the unique physical, social, and psychological needs of its inhabitants. By providing these specialized facilities and services, the corporation strives to promote the health, security, happiness, and overall usefulness of its residents, enabling them to live fulfilling lives for an extended period.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Stars
Hope Housing Corporation in Long Beach has received a score of 79%, which translates to a Three-Star rating. This rating reflects the organization’s strong commitment to accountability and finance, as it is based entirely on a single beacon score focused on these areas. The charity excels in maintaining a fully independent board, with 100% of its members being independent, and has demonstrated effective governance practices.
The organization has also shown transparency through its conflict of interest policy, whistleblower policy, and document retention procedures, all of which received full marks. Its program expense ratio stands impressively at 95.92%, indicating that a significant majority of its resources are allocated directly to its programs rather than administrative costs.
However, while the financial practices are commendable, the overall rating indicates there may be areas for improvement, particularly in expanding its operational transparency or diversifying its funding sources. Nonetheless, the charity's strong governance and program focus illustrate its dedication to serving the community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Long Beach - Hope Housing Corporation legitimate?
Long Beach - Hope Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Beach - Hope Housing Corporation 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 Long Beach - Hope Housing Corporation?
The Long Beach Hope Housing Corporation's primary mission is to offer specialized housing facilities and services tailored to meet the physical, social, and psychological needs of individuals with disabilities. The organization aims to promote their health, security, happiness, and overall usefulness in longer living. By providing stable and affordable housing, the corporation currently operates six units to cater to people with developmental disabilities.
Who is the CEO of Long Beach - Hope Housing Corporation?
Charles Decuir is the President of Long Beach - Hope Housing Corporation.
What is the revenue of Long Beach - Hope Housing Corporation?
Long Beach - Hope Housing Corporation's revenue in 2023 was $67,430.
Who are the executives of Long Beach - Hope Housing Corporation and what are their salaries?
There 4 volunteers at Long Beach - Hope Housing Corporation.
Here are 3 key members and their salaries:
- 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 Long Beach - Hope Housing Corporation?
Long Beach - Hope Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Long Beach - Hope Housing Corporation
Long Beach - Hope Housing Corporation is committed to serving individuals with developmental disabilities by providing them with specialized housing facilities and services. The organization's primary objective is to cater to the physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness in their lives. By creating stable and affordable housing, Long Beach - Hope Housing Corporation seeks to promote a better quality of life for its residents, ensuring their well-being and enabling them to live independently. Currently, the organization manages six housing units, providing a supportive environment where individuals with developmental disabilities can thrive.
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Impact
August, 2024
Long Beach - Hope Housing Corporation has made a significant impact by providing stable and affordable housing for people with developmental disabilities in Torrance, California. Through their six housing units, the organization has created a supportive environment that meets the physical, social, and psychological needs of disabled individuals. By promoting health, security, happiness, and usefulness in longer living, Long Beach - Hope Housing Corporation has played a crucial role in enhancing the well-being and quality of life for this vulnerable population. Their dedicated efforts have helped to address the housing challenges faced by people with disabilities and contribute to their overall sense of inclusion and empowerment.
This information is meant to be a general summary of Long Beach - Hope 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11
- Program Service Revenue: $49,456
- Gross Receipts: $67,430
Assets and Liabilities:
- Total Assets: $421,756
- Total Liabilities: $615,526
- Net Assets: -$193,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$49,456
Organization Details
Founding Year
2001
Phone
(310) 543-0126Principal Officer
Charles Decuir
Main Address
21231 HAWTHORNE BOULEVARD, TORRANCE, CA, 90503
NTEE Category
Code: L20 - Housing
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