Overview
What is Laurel Place West Hollywood Inc?
Laurel Place West Hollywood Inc is a nonprofit organization situated in Los Angeles, California, specifically at 3460 S Broadway, 90007. Their primary mission is to offer housing facilities to low-income families and the elderly, ensuring these groups have access to suitable living spaces. They are dedicated to this cause, as evidenced by their description of their activities and mission.
Is Laurel Place West Hollywood Inc legitimate?
Laurel Place West Hollywood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Place West Hollywood 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.
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What is the mission statement of Laurel Place West Hollywood Inc?
Laurel Place West Hollywood Inc is committed to serving the housing needs of low-income families and the elderly. Their primary mission is to provide suitable living facilities for these groups, ensuring they have access to comfortable and affordable housing options. By offering housing facilities, the organization aims to contribute positively to the lives of these individuals, providing them with a sense of stability and security. The organization's activities are centered around this mission, striving to make a difference in the lives of those in need.
What is the revenue of Laurel Place West Hollywood Inc?
Laurel Place West Hollywood Inc's revenue in 2024 was $311,655.
Who are the executives of Laurel Place West Hollywood Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Laurel Place West Hollywood Inc?
Laurel Place West Hollywood Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Laurel Place West Hollywood Inc
Laurel Place West Hollywood Inc is committed to providing housing facilities for individuals from low-income families and the elderly. This nonprofit organization's mission is centered around offering suitable living spaces for those who might otherwise struggle to secure affordable housing. By doing so, Laurel Place West Hollywood Inc seeks to contribute positively to the lives of these vulnerable populations, ensuring they have a secure and comfortable place to call home. The organization's activities are focused on providing housing facilities that cater to the specific needs of low-income families and elderly persons.
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Impact
October, 2024
Laurel Place West Hollywood Inc plays a vital role in addressing housing challenges faced by low-income families and elderly individuals in the Los Angeles area. By providing accessible housing facilities, the organization helps to alleviate poverty and homelessness, promoting stability and dignity for vulnerable communities.
The impact of Laurel Place extends beyond mere shelter; it fosters a supportive environment that encourages community building among residents. This initiative not only improves the quality of life for its inhabitants but also contributes to the overall health and well-being of the neighborhoods in which it operates. By actively addressing the critical need for affordable housing, Laurel Place West Hollywood Inc facilitates social equity and empowers residents to thrive within their communities.
This information is meant to be a general summary of Laurel Place West Hollywood 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 2024.
- Investment Income: $3,687
- Program Service Revenue: $306,679
- Gross Receipts: $311,655
Assets and Liabilities:
- Total Assets: $6,127,494
- Total Liabilities: $12,579,871
- Net Assets: -$6,452,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$168,644
Rental Revenue
Revenue
$138,035
Organization Details
Founding Year
2004
Principal Officer
Ana F Ponce
NTEE Category
Code: L21 - Housing
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