Overview
What is Linc Housing Corporation?
Linc Housing Corporation is a California-based nonprofit organization dedicated to constructing, managing, and maintaining affordable housing for seniors and families. They prioritize creating environments that are not only affordable but also eco-friendly and beneficial to their communities. With a workforce of 133 employees, Linc Housing Corporation goes beyond housing by offering its residents essential services through the Linc Cares program. Their mission, as stated in their bylaws, includes providing affordable housing and addressing community deterioration.
Official website here: www.linchousing.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Linc Housing Corporation has earned a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance, with an impressive score of 83% in this category. The organization demonstrates strong governance practices, including a fully independent board and comprehensive financial oversight. Additionally, it received top marks for its feedback collection and usage, indicating a high level of engagement with the constituents it serves.
User feedback highlights a mix of experiences with Linc Housing. Positive reviews emphasize the organization's dedication to creating quality affordable housing and empowering residents to achieve their personal goals. A reviewer with extensive experience in the affordable housing sector praised Linc for its core values and operational practices, suggesting a strong internal culture and mission alignment.
However, there are notable criticisms that point to challenges in communication and property management. A dissatisfied tenant recounted a troubling experience with the management of a specific property, expressing frustration with Linc Housing's response to issues that affected their living situation. This feedback underscores the need for the organization to address tenant concerns more effectively and ensure that its mission translates into positive outcomes for all residents.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Linc Housing Corporation legitimate?
Linc Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Linc 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:
Executive Compensation: $3,343,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,453,668
For more financial information, click here
Official website here: www.linchousing.org
What is the mission statement of Linc Housing Corporation?
Linc Housing Corporation is a non-profit organization dedicated to building, owning, and managing affordable housing for seniors and families in California. According to its bylaws, Linc's mission is to create and provide low and moderate-cost housing, with or without supportive social services, to reduce government burdens and combat community deterioration. Linc goes beyond just housing by offering its residents life-enhancing services through the Linc Cares program. The organization is committed to creating and preserving housing that is both affordable and environmentally sustainable, making a positive impact on the communities it serves.
Official website here: www.linchousing.org
Who is the CEO of Linc Housing Corporation?
Rebecca F Clark is the Ceo of Linc Housing Corporation. The CEO's salary of Linc Housing Corporation is $380,193 and their total compensation is $420,124.
Official website here: www.linchousing.org
What is the revenue of Linc Housing Corporation?
Linc Housing Corporation's revenue in 2022 was $43,197,874.
Official website here: www.linchousing.org
Who are the executives of Linc Housing Corporation and what are their salaries?
The average compensation at Linc Housing Corporation during 2022 was $66,142. There are 133 employees and 48 volunteers at Linc Housing Corporation.
Here are 32 key members and their salaries (Linc Housing Corporation's CEO's salary is $380,193 and their total compensation is $420,124):
- Compensation: $460,854
- Related: $0
- Other: $43,467
- Compensation: $380,193
- Related: $0
- Other: $39,931
- Compensation: $238,083
- Related: $0
- Other: $38,083
- Compensation: $213,670
- Related: $0
- Other: $32,972
- Compensation: $206,747
- Related: $0
- Other: $35,661
- Compensation: $203,670
- Related: $0
- Other: $32,111
- Compensation: $193,465
- Related: $0
- Other: $39,450
- Compensation: $219,339
- Related: $0
- Other: $10,968
- Compensation: $197,885
- Related: $0
- Other: $22,753
- Compensation: $188,774
- Related: $0
- Other: $27,883
- Compensation: $191,910
- Related: $0
- Other: $22,072
- Compensation: $184,780
- Related: $0
- Other: $25,899
- Compensation: $171,543
- Related: $0
- Other: $29,280
- Compensation: $146,650
- Related: $0
- Other: $14,340
- Compensation: $132,776
- Related: $0
- Other: $17,876
- Compensation: $123,687
- Related: $0
- Other: $17,577
- Compensation: $123,291
- Related: $0
- Other: $12,680
- Compensation: $104,152
- Related: $0
- Other: $4,261
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.linchousing.org
Where can I find the form 990 for Linc Housing Corporation?
Linc Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.linchousing.org
Learn more at the official website: www.linchousing.org
Mission Statement of Linc Housing Corporation
Linc Housing Corporation, a renowned nonprofit organization, is dedicated to building, owning, and operating affordable housing units for seniors and families across California. This mission is enshrined in the organization's bylaws with the intent to create, manage, and provide assistance for the development of low and moderate-cost housing. Linc Housing Corporation strives to alleviate the burden on governments and contribute to community improvement.
The organization goes beyond providing merely shelter by offering life-enhancing services to its residents through the Linc Cares program. Linc Housing Corporation's commitment extends beyond constructing and managing affordable housing units, as it aims to create and preserve affordable, environmentally sustainable homes that cater to the needs of its residents. Linc Housing Corporation's mission is to make a significant difference in people's lives by ensuring they have a stable living environment, which is essential for their overall well-being.
Linc Housing Corporation takes a holistic approach towards affordable housing, recognizing that affordable housing is just the foundation for a better quality of life. By offering services and support, the organization aims to create thriving communities where individuals and families can flourish. The organization's commitment to community improvement goes beyond its residents, as it strives to make a positive impact on the local neighborhoods and contribute to a better society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Linc Housing Corporation significantly impacts communities across California by building, owning, and operating affordable housing designed for seniors and families. By focusing on creating and preserving affordable living options, Linc Housing helps to alleviate the housing crisis faced by many low- to moderate-income households.
Their commitment extends beyond housing; through the LINC CARES program, residents gain access to life-enhancing services that promote well-being and community engagement. This holistic approach not only provides shelter but also fosters a sense of community and support, contributing to the overall quality of life for residents.
Additionally, Linc Housing Corporation’s efforts support environmental sustainability and community improvement, making them a vital player in combating community deterioration and reducing the burdens on government resources. Through these initiatives, Linc Housing is a catalyst for positive change in the neighborhoods they serve.
This information is meant to be a general summary of Linc 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: $1,186,493
- Program Service Revenue: $16,369,044
- Gross Receipts: $43,222,552
Assets and Liabilities:
- Total Assets: $271,674,927
- Total Liabilities: $165,941,161
- Net Assets: $105,733,766
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$7,512,537
INCENTIVE FEE
Revenue
$442,793
PARTNERSHIP MGT FEES
Revenue
$1,130,276
RENTAL INCOME
Revenue
$3,662,314
RESIDENT SERVICE FEES
Revenue
$3,142,107
Organization Details
Founding Year
1993
Phone
(562) 684-1100Principal Officer
Rebecca F Clark
Main Address
3590 ELM AVENUE, LONG BEACH, CA, 90807
Website
www.linchousing.orgNTEE Category
Code: L200 - Housing
If you are a representative of Linc Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.