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Decro Epsilon Corporation

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

EIN: 330520450 ✦ Culver city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Decro Epsilon Corporation?

Decro Epsilon Corporation is a nonprofit organization, based in Culver City, California, with a specific focus on addressing housing needs. Their mission is to provide affordable, safe, and well-maintained housing and services for low-income families and seniors. By doing so, they aim to contribute positively to the community, ensuring that vulnerable populations have access to suitable living conditions. The organization operates with this mission in mind, striving to make a difference in the lives of those who need it most.


Official website here: www.decro.org

Is Decro Epsilon Corporation legitimate?

Decro Epsilon Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decro Epsilon 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


Official website here: www.decro.org

What is the mission statement of Decro Epsilon Corporation?

Decro Epsilon Corporation and its affiliates have a mission to offer affordable, safe, and well-maintained housing and services to low-income families and seniors. Their primary objective is to ensure that these vulnerable groups have access to suitable living conditions, thereby enhancing their quality of life. The corporation is committed to providing housing that is both affordable and well-maintained, ensuring the safety and comfort of its residents. The organization's mission is a testament to its dedication to supporting communities and providing essential services to those who need it the most.


Official website here: www.decro.org

Who is the CEO of Decro Epsilon Corporation?

Ted Handel is the Chair of Decro Epsilon Corporation. The CEO's salary of Decro Epsilon Corporation is $0 and their total compensation is $271,300.


Official website here: www.decro.org

What is the revenue of Decro Epsilon Corporation?

Decro Epsilon Corporation's revenue in 2022 was $320,852.


Official website here: www.decro.org

Who are the executives of Decro Epsilon Corporation and what are their salaries?


Here are 11 key members and their salaries (Decro Epsilon Corporation's CEO's salary is $0 and their total compensation is $271,300):


Christian Von Merkatz (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irene Choi (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander J Nweeia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Babakhanian (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Pieroth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Warren Avery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Rios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Handel (Chief Executive Officer)
  • Compensation: $0
  • Related: $265,000
  • Other: $6,300
Laura Vandeweghe (Chief Innovation Officer)
  • Compensation: $0
  • Related: $244,000
  • Other: $0
Erin Foreman (Senior Project Manager)
  • Compensation: $0
  • Related: $118,125
  • Other: $0
Emmanuel Choice (Asset Manager)
  • Compensation: $0
  • Related: $110,200
  • Other: $0


Official website here: www.decro.org

Where can I find the form 990 for Decro Epsilon Corporation?

Decro Epsilon Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.decro.org

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

Mission Statement of Decro Epsilon Corporation

Decro Epsilon Corporation, a mission-driven organization, is committed to providing an essential service for low-income families and seniors. Their primary objective is to ensure affordable, secure, and well-maintained housing and associated services. By prioritizing the needs of this vulnerable population, Decro Epsilon Corporation aims to make a significant impact in people's lives, contributing to a more inclusive and equitable society. The organization's mission is not just about providing housing but also ensuring that these living spaces are safe and well-maintained, thereby enhancing the quality of life for the residents.

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Impact




October, 2024

Decro Epsilon Corporation plays a crucial role in addressing the housing needs of low-income families and seniors in Culver City, California. By focusing on providing affordable, safe, and well-maintained housing options, the organization significantly contributes to the stability and well-being of underserved communities. Its commitment to maintaining quality housing not only helps residents secure a safe place to live but also fosters a sense of community and belonging.

The services offered by Decro Epsilon Corporation extend beyond just housing; they encompass a holistic approach to ensuring that families and seniors have access to resources that enhance their quality of life. This impact is particularly vital in urban areas where housing affordability is a growing concern. By prioritizing the needs of these vulnerable populations, Decro Epsilon Corporation helps to mitigate the adverse effects of economic instability and social isolation, promoting healthier, more sustainable communities.




This information is meant to be a general summary of Decro Epsilon 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.

Revenue
$320,852 (2022)
Expenses
$300,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $61
  • Program Service Revenue: $320,791
  • Gross Receipts: $320,852

Assets and Liabilities:

  • Total Assets: $1,609,555
  • Total Liabilities: $1,813,387
  • Net Assets: -$203,832

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Programs

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

RENTAL INCOME

Revenue

$320,791

Organization Details

Founding Year

1992

Principal Officer

Ted Handel

Main Address

3431 WESLEY STREET F, CULVER CITY, CA, 90232

NTEE Category

Code: L21 - Housing

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