Overview
What is Western Developments For Affordable Housing?
Western Developments for Affordable Housing is a nonprofit organization that specializes in low income housing. Their mission is to provide eligible low income families with affordable living options, specifically through multi-unit apartment buildings. They offer a comprehensive program to cater to the needs of these families, ensuring they have a safe and comfortable place to call home.
Is Western Developments For Affordable Housing legitimate?
Western Developments For Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Developments For Affordable Housing 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000
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What is the mission statement of Western Developments For Affordable Housing?
Western Developments For Affordable Housing is dedicated to providing affordable housing solutions by leasing multi-unit apartment buildings to eligible low-income families. This organization's mission is centered around making housing accessible to those who require financial assistance. Their primary activity involves the rental of these apartment buildings, catering specifically to families within the low-income bracket. By doing so, the organization aims to contribute to a more inclusive and equitable society where everyone, regardless of their income, has access to a decent living space.
Who is the CEO of Western Developments For Affordable Housing?
Julio Macedo is the Executive Officer of Western Developments For Affordable Housing.
What is the revenue of Western Developments For Affordable Housing?
Western Developments For Affordable Housing's revenue in 2022 was $168,456.
Who are the executives of Western Developments For Affordable Housing and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Western Developments For Affordable Housing?
Western Developments For Affordable Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Western Developments For Affordable Housing
Western Developments For Affordable Housing, as its name suggests, is committed to providing affordable housing solutions for low-income families. Their mission is centered around renting multi-unit apartment buildings to eligible low-income families. This nonprofit organization strives to make a significant impact in the lives of those who may not have access to decent housing otherwise. By offering multiple apartment units, Western Developments For Affordable Housing aims to accommodate a larger number of families, thereby contributing to a more inclusive and equitable community.
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Impact
October, 2024
Western Developments For Affordable Housing significantly impacts the community by providing essential low-income rental opportunities through multi-unit apartment buildings. This initiative directly addresses housing insecurity for eligible low-income families in Costa Mesa, California. By offering affordable housing solutions, it enables families to secure stable living conditions, fostering a sense of community and enhancing overall well-being.
The availability of these rental programs helps alleviate the financial burden many families face, allowing them more freedom to allocate resources towards education, healthcare, and other critical needs. In turn, this contributes to economic stability and social cohesion within the community. By focusing on low-income housing, Western Developments plays a pivotal role in combating homelessness and fostering a more inclusive society where all families have access to safe and affordable living environments.
This information is meant to be a general summary of Western Developments For Affordable Housing. 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.
- Program Service Revenue: $168,456
- Gross Receipts: $168,456
Assets and Liabilities:
- Total Assets: $265,748
- Total Liabilities: $60,548
- Net Assets: $205,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$168,456
Organization Details
Founding Year
1990
Principal Officer
Julio Macedo
Main Address
711 W 17th Street STE D-6, Costa Mesa, CA, 92627
NTEE Category
Code: L41 - Housing
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