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Senior Affordable Housing Corp No 1

The Otto Gruber House Apts

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

EIN: 311538772 ✦ Duarte, CA ✦ Designated as a 501(c)(3)

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Overview

What is Senior Affordable Housing Corp No 1?

Senior Affordable Housing Corp No 1, officially known as The Otto Gruber House Apartments, is a nonprofit organization situated in Duarte, California. The primary mission of this organization is to offer affordable housing for the elderly, catering to their physical, social, and psychological needs. This housing is designed to contribute positively to their health, security, happiness, and overall well-being in their later years. In collaboration with the United States Department of Housing and Urban Development, they operate under Section 202 of the National Housing Act. This organization provides a supportive living environment that aims to enhance the quality of life for its elderly residents.


Official website here: www.humangood.org

Is Senior Affordable Housing Corp No 1 legitimate?

Senior Affordable Housing Corp No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Affordable Housing Corp No 1 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


Official website here: www.humangood.org

What is the mission statement of Senior Affordable Housing Corp No 1?

Senior Affordable Housing Corp No 1 is committed to providing affordable rental housing for the elderly, catering to their physical, social, and psychological needs. The organization offers related facilities and services specifically designed to enhance their health, security, happiness, and productivity in their later years. By doing so, it contributes significantly to their overall well-being and longer living. This mission is carried out in collaboration with the United States Department of Housing and Urban Development, under Section 202 of the National Housing Act.


Official website here: www.humangood.org

Who is the CEO of Senior Affordable Housing Corp No 1?

John H Cochrane Iii is the Chief Executive Officer of Senior Affordable Housing Corp No 1. The CEO's salary of Senior Affordable Housing Corp No 1 is $0 and their total compensation is $671,183.


Official website here: www.humangood.org

What is the revenue of Senior Affordable Housing Corp No 1?

Senior Affordable Housing Corp No 1's revenue in 2022 was $392,573.


Official website here: www.humangood.org

Who are the executives of Senior Affordable Housing Corp No 1 and what are their salaries?


Here are 15 key members and their salaries (Senior Affordable Housing Corp No 1's CEO's salary is $0 and their total compensation is $671,183):


Randall Stamper (Chair)
  • Compensation: $0
  • Related: $73,000
  • Other: $0
Judith Baker (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Albert Kelley (Vice Chair)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Alan Griffith (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Declan H Brown (Secretary)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Rev Michelle Holmes (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
William Battison (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Ancel Romero (President, Ah - Thru 1/3/2021)
  • Compensation: $0
  • Related: $32,228
  • Other: $0
Jennifer S Kappen (Svp, Affordable Housing)
  • Compensation: $0
  • Related: $310,289
  • Other: $27,427
John H Cochrane Iii (Chief Executive Officer)
  • Compensation: $0
  • Related: $645,511
  • Other: $25,672
Daniel Ogus (Chief Operations Officer)
  • Compensation: $0
  • Related: $530,748
  • Other: $31,801
Andy Mcdonald (Chief Financial Officer)
  • Compensation: $0
  • Related: $354,675
  • Other: $31,380
Bethany Ghassemi (Chief Legal Officer)
  • Compensation: $0
  • Related: $281,269
  • Other: $13,919
Pamela Classen (Former Cfo To 12/2019 / Executive Cons.)
  • Compensation: $0
  • Related: $122,473
  • Other: $121
Min Meng Fleming (Chief Information Officer)
  • Compensation: $0
  • Related: $353,484
  • Other: $33,191


Official website here: www.humangood.org

Where can I find the form 990 for Senior Affordable Housing Corp No 1?

Senior Affordable Housing Corp No 1's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.humangood.org

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

Mission Statement of Senior Affordable Housing Corp No 1

Senior Affordable Housing Corp No 1 is dedicated to providing affordable rental housing for the elderly, catering to their physical, social, and psychological needs. This organization contributes significantly to the health, security, happiness, and overall usefulness of seniors in their later years. They achieve this by offering low-income retirement housing, along with related facilities and services that are specifically designed to meet the unique needs of the elderly population. By partnering with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act, Senior Affordable Housing Corp No 1 ensures that elderly individuals have access to safe, affordable housing, thereby contributing to their well-being and quality of life.

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Impact




October, 2024

Senior Affordable Housing Corp No 1 significantly impacts the community by providing low-cost rental housing tailored for elderly individuals. By focusing on the unique physical, social, and psychological needs of seniors, the organization creates an environment that fosters health, security, and overall well-being. The housing options available are not just about affordability; they incorporate related facilities and services that enhance the quality of life for residents.

The partnership with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act ensures that these housing solutions are both sustainable and compliant with federal standards, directly addressing the challenges faced by low-income retirees. In doing so, it contributes to the happiness and usefulness of seniors, promoting longer, healthier lives. The organization's work reduces the stress of housing insecurity for the elderly, allowing them to thrive in a supportive community in Duarte, CA.




This information is meant to be a general summary of Senior Affordable Housing Corp No 1. 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
$392,573 (2022)
Expenses
$503,126 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $274
  • Program Service Revenue: $133,604
  • Gross Receipts: $392,573

Assets and Liabilities:

  • Total Assets: $2,536,368
  • Total Liabilities: $4,306,500
  • Net Assets: -$1,770,132

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$133,604

Organization Details

Founding Year

1996

Principal Officer

John H Cochrane Iii

Main Address

1900 HUNTINGTON DRIVE, DUARTE, CA, 91010

NTEE Category

Code: L22 - Housing

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