Overview
What is San Diego Community Housing Corporation?
San Diego Community Housing Corporation is a nonprofit organization situated in San Diego, California, specifically at 4725 Mercury Street 202. Their primary mission is to provide affordable housing options and services to economically disadvantaged individuals, with a special focus on working families. To accomplish this, they strive to expand, maintain, and enhance the quality of affordable housing opportunities, playing a crucial role in community development. With a dedicated team of 11 employees, they are committed to making a meaningful impact in the lives of those in need.
Official website here: www.sdchc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
The San Diego Community Housing Corporation has achieved an impressive 87% rating, reflecting strong performance in accountability and finance. The organization demonstrates a commitment to transparency with a fully independent board of directors and comprehensive financial oversight. They have established robust policies, including conflict of interest and whistleblower protections, which contribute to their high accountability score.
Strengths highlighted include an excellent program expense ratio of 70.59%, indicating that a significant portion of their spending directly supports their mission. Additionally, the absence of any material diversion of assets and the presence of detailed board meeting minutes further enhance their credibility. These factors illustrate a well-managed organization focused on effective resource allocation.
However, the organization received a lower score on its liabilities to assets ratio, sitting at 61.81%. This may suggest potential concerns regarding financial stability that stakeholders might want to monitor. Overall, while the San Diego Community Housing Corporation exhibits many strengths, attention to financial liabilities could be beneficial for future sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is San Diego Community Housing Corporation legitimate?
San Diego Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Diego Community 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: $633,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,542
For more financial information, click here
Official website here: www.sdchc.org
What is the mission statement of San Diego Community Housing Corporation?
The San Diego Community Housing Corporation's mission is centered around enhancing, preserving, and improving the availability of affordable housing options for working families. By adopting this mission, the organization aims to provide essential housing and related services to economically disadvantaged individuals. Their primary objective is to make quality housing more accessible, ensuring that families can maintain a stable living environment.
Official website here: www.sdchc.org
What is the revenue of San Diego Community Housing Corporation?
San Diego Community Housing Corporation's revenue in 2024 was $9,034,264.
Official website here: www.sdchc.org
Who are the executives of San Diego Community Housing Corporation and what are their salaries?
The average compensation at San Diego Community Housing Corporation during 2024 was $107,802. There are 8 employees and 6 volunteers at San Diego Community Housing Corporation.
Here are 10 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $57,075
- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $323,848
- Related: $0
- Other: $24,709
- Compensation: $127,647
- Related: $0
- Other: $3,352
- Compensation: $125,300
- Related: $0
- Other: $0
Official website here: www.sdchc.org
Where can I find the form 990 for San Diego Community Housing Corporation?
San Diego Community Housing Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sdchc.org
Learn more at the official website: www.sdchc.org
Mission Statement of San Diego Community Housing Corporation
San Diego Community Housing Corporation, as a nonprofit organization, is committed to a mission that aims to enhance, preserve, and improve the availability of affordable housing options for working families. This mission is at the heart of the organization's activities, serving to provide economic disadvantaged individuals with affordable housing and essential services. The primary objective of San Diego Community Housing Corporation is to make a significant impact in the lives of these families, offering them a stable living environment that is within their budgetary reach.
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Impact
October, 2024
San Diego Community Housing Corporation significantly impacts the local community by enhancing, preserving, and expanding access to quality affordable housing for working families. By focusing on providing low-cost housing and essential services, the organization addresses the needs of economically disadvantaged individuals in San Diego. This commitment not only helps secure stable living conditions for families but also fosters a sense of community and support, alleviating the housing crisis and improving overall quality of life in the area. Through its efforts, the organization plays a crucial role in ensuring that every individual has the opportunity for safe and affordable housing.
This information is meant to be a general summary of San Diego Community 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 2024.
- Investment Income: $334,757
- Program Service Revenue: $2,345,453
- Gross Receipts: $9,034,264
Assets and Liabilities:
- Total Assets: $11,201,284
- Total Liabilities: $6,981,437
- Net Assets: $4,219,847
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,176,561
DEVELOPER FEES
Revenue
$929,017
MANAGEMENT FEES
Revenue
$230,934
RESIDENT SERVICES
Revenue
$50,004
EDUCATIONAL ENRICHMENT
Revenue
$37,002
Organization Details
Founding Year
1994
Principal Officer
Theodore T Miyahara
Website
www.sdchc.orgNTEE Category
Code: L20Z - Housing
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