Overview
What is Su Casa Community Housing Association?
Su Casa Community Housing Association is a nonprofit organization, situated in San Diego, California, with a focus on providing affordable housing solutions. Established with a charitable purpose, the association offers 30 rental units to families falling under the low-income and moderate-income categories. With a dedicated workforce of just two individuals, this organization plays a crucial role in addressing the housing needs of those in need, contributing to the betterment of the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Su Casa Community Housing Association has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization excels in several areas, such as having a fully independent board and maintaining strong program expense ratios, showing commitment to its mission and effective use of funds. They also have robust audit and oversight measures in place, which reflects positively on their financial stewardship.
However, significant concerns arise from their liabilities to assets ratio, which is notably high at 126.97%, suggesting potential financial strain. Additionally, the organization has missing policies for whistleblowing and document retention, which are critical for governance and transparency. The absence of a publicly accessible tax form also raises red flags regarding financial transparency.
Overall, while Su Casa demonstrates strengths in governance and program expenses, the organization's financial health and lack of essential policies indicate areas that require urgent attention and improvement to bolster its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Su Casa Community Housing Association legitimate?
Su Casa Community Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Su Casa Community Housing Association 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: $56,151
For more financial information, click here
What is the mission statement of Su Casa Community Housing Association?
Su Casa Community Housing Association was established with a non-profit goal, aiming to provide 30 rental housing units for families falling under the categories of low income and moderate income. The organization's core purpose is to contribute to housing accessibility for these financially vulnerable families. By offering affordable housing options, Su Casa Community Housing Association aims to support the living needs of these families and contribute to their overall well-being. The association does not disclose any further details regarding its activities or additional objectives beyond this primary mission.
Who is the CEO of Su Casa Community Housing Association?
Larissa Safonova is the Chairperson of Su Casa Community Housing Association.
What is the revenue of Su Casa Community Housing Association?
Su Casa Community Housing Association's revenue in 2022 was $560,838.
Who are the executives of Su Casa Community Housing Association and what are their salaries?
The average compensation at Su Casa Community Housing Association during 2022 was $28,076. There are 2 employees and 6 volunteers at Su Casa Community Housing Association.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Su Casa Community Housing Association?
Su Casa Community Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Su Casa Community Housing Association
Su Casa Community Housing Association was established with a noble mission. This non-profit organization was created with the primary objective of providing 30 rental housing units for families falling under the low-income and moderate-income brackets. By offering affordable housing options, Su Casa Community Housing Association aims to contribute positively to the lives of these families, providing them with a secure and stable living environment. The organization's mission is a testament to its commitment to societal welfare, focusing on making housing more accessible and affordable for those who need it most.
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Impact
July, 2024
Su Casa Community Housing Association provides a crucial service by offering 30 rental housing units to low-income and moderate-income families in the San Diego area. This initiative directly impacts these families by providing them with affordable housing options, which can significantly improve their quality of life. By addressing the housing needs of underserved communities, Su Casa Community Housing Association contributes to the economic stability and well-being of its residents. The organization's efforts help create a more inclusive and supportive community environment for those who may struggle to find suitable housing options elsewhere.
This information is meant to be a general summary of Su Casa Community Housing Association. 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: $50
- Program Service Revenue: $560,788
- Gross Receipts: $560,838
Assets and Liabilities:
- Total Assets: $1,421,016
- Total Liabilities: $1,825,797
- Net Assets: -$404,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY & VENDING INCOME
Revenue
$1,166
LOW INCOME HOUSING RENT
Revenue
$559,622
Organization Details
Founding Year
1994
Phone
(858) 751-6314Principal Officer
Larissa Safonova
Main Address
7837 CONVOY COURT 100, SAN DIEGO, CA, 92111
NTEE Category
Code: L200 - Housing
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