Overview
What is Parthenia Street Senior Citizen Housing Corporation?
Parthenia Street Senior Citizen Housing Corporation is a California-based nonprofit corporation established to manage a 77-unit rental housing project specifically designed for low-income elderly residents in Los Angeles. The project commenced operations in December 2007, operating under Section 202 of the National Housing Act. The corporation has entered into a regulatory agreement with the U.S. Department of Housing and Urban Development, which regulates rental charges and operating methods for the project. The organization's mission is to provide affordable housing solutions for the elderly community in Los Angeles.
Is Parthenia Street Senior Citizen Housing Corporation legitimate?
Parthenia Street Senior Citizen Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parthenia Street Senior Citizen 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:
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For more financial information, click here
What is the mission statement of Parthenia Street Senior Citizen Housing Corporation?
The Parthenia Street Senior Citizen Housing Corporation, a California-based nonprofit organization, was established to manage a 77-unit rental housing project for the economically disadvantaged elderly residents. Operating under Section 202 of the National Housing Act, the corporation began its operations in December 2007. The corporation has entered into a regulatory agreement with the U.S. Department of Housing and Urban Development, which governs the project's rental rates and operational methods. The corporation's primary focus is to provide affordable housing for the elderly population, ensuring they can live with dignity and comfort.
Who is the CEO of Parthenia Street Senior Citizen Housing Corporation?
Doug Cope is the Chair of Parthenia Street Senior Citizen Housing Corporation.
What is the revenue of Parthenia Street Senior Citizen Housing Corporation?
Parthenia Street Senior Citizen Housing Corporation's revenue in 2022 was $653,915.
Who are the executives of Parthenia Street Senior Citizen Housing Corporation and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $251,607
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- Other: $17,156
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- Related: $131,874
- Other: $19,411
Where can I find the form 990 for Parthenia Street Senior Citizen Housing Corporation?
Parthenia Street Senior Citizen Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Parthenia Street Senior Citizen Housing Corporation
Parthenia Street Senior Citizen Housing Corporation, a California-based nonprofit organization, was established with the primary mission of owning and managing a 77-unit rental housing project specifically designed for the very low-income elderly population. The corporation began its operations in December 2007, and it operates under Section 202 of the National Housing Act. To ensure the project's proper management, Parthenia Street Senior Citizen Housing Corporation entered into a regulatory agreement with the U.S. Department of Housing and Urban Development. This agreement governs the project's rental charges and operating methods, ensuring that the organization adheres to strict standards and regulations for the well-being of its elderly residents. The corporation's mission is to provide safe, affordable, and dignified living quarters for the elderly population, aiming to improve their quality of life and overall well-being.
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Impact
October, 2024
Parthenia Street Senior Citizen Housing Corporation significantly impacts the community by providing essential housing for very low-income elderly residents in Los Angeles. With its 77-unit rental housing project, which began operations in December 2007, the corporation addresses a critical need for affordable housing tailored to seniors. Operating under Section 202 of the National Housing Act, the project ensures that rental charges are kept at an affordable level, safeguarding the financial well-being of its residents.
The regulatory agreement with the U.S. Department of Housing and Urban Development further enhances the project's operational integrity, guiding its rental practices and management methods. This structured approach not only fosters a stable living environment but also promotes community cohesion among residents, allowing them to thrive in a supportive atmosphere. By focusing on the needs of the elderly, Parthenia Street Senior Citizen Housing Corporation plays a vital role in enhancing the quality of life for some of the most vulnerable members of society.
This information is meant to be a general summary of Parthenia Street Senior Citizen 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 2022.
- Investment Income: $221
- Program Service Revenue: $280,918
- Gross Receipts: $653,915
Assets and Liabilities:
- Total Assets: $9,276,471
- Total Liabilities: $3,279,148
- Net Assets: $5,997,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$280,918
Organization Details
Founding Year
2007
Phone
(310) 475-6083Principal Officer
Doug Cope
Main Address
10991 W PICO BLVD, LOS ANGELES, CA, 90064
NTEE Category
Code: L21 - Housing
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