Overview
What is Linc - Community Development Corporation?
Linc - Community Development Corporation, based in Long Beach, California, is a nonprofit organization that dedicates its efforts to providing affordable housing options for low-income individuals. Acting as a Community Housing Development Organization (CHDO), Linc assists local jurisdictions in making the most of their housing grants from the Federal Department of Housing and Urban Development. By soliciting, administering, and dispersing property, Linc fosters the creation of low-income housing, ultimately contributing to the betterment of the community.
Official website here: www.linchousing.org
Is Linc - Community Development Corporation legitimate?
Linc - Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Linc - Community Development 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.linchousing.org
What is the mission statement of Linc - Community Development Corporation?
Linc-Community Development Corporation's mission is centered around promoting affordable housing for low-income individuals. They engage in the procurement, management, and rental of property to facilitate this objective. Acting as a Community Housing Development Organization (CHDO), Linc-CDC assists local jurisdictions in maximizing their grants from the Federal Department of Housing and Urban Development. This mission aims to improve the housing situation for those in need, thereby contributing to a more equitable community.
Official website here: www.linchousing.org
Who is the CEO of Linc - Community Development Corporation?
Rebecca F Clark is the Ceo of Linc - Community Development Corporation. The CEO's salary of Linc - Community Development Corporation is $0 and their total compensation is $420,124.
Official website here: www.linchousing.org
What is the revenue of Linc - Community Development Corporation?
Linc - Community Development Corporation's revenue in 2022 was $7,124,344.
Official website here: www.linchousing.org
Who are the executives of Linc - Community Development Corporation and what are their salaries?
Here are 9 key members and their salaries (Linc - Community Development Corporation's CEO's salary is $0 and their total compensation is $420,124):
- Compensation: $0
- Related: $460,854
- Other: $43,467
- Compensation: $0
- Related: $380,193
- Other: $39,931
- Compensation: $0
- Related: $213,670
- Other: $32,972
- Compensation: $0
- Related: $206,747
- Other: $35,661
- Compensation: $0
- Related: $191,910
- Other: $22,072
- Compensation: $0
- Related: $184,780
- Other: $25,899
- Compensation: $0
- Related: $171,543
- Other: $29,280
- 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 - Community Development Corporation?
Linc - Community Development 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 - Community Development Corporation
Linc-Community Development Corporation (Linc-CDC) is dedicated to furthering the provision of low-income housing for those in need. Acting as a Community Housing Development Organization (CHDO), Linc-CDC assists local jurisdictions in maximizing the use of their housing grants from the Federal Department of Housing and Urban Development. By soliciting, administering, disbursing, and renting property, Linc-CDC plays a crucial role in fostering affordable housing options for individuals who require such assistance.
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 - Community Development Corporation significantly impacts housing affordability in Long Beach, California, by focusing on low-income housing solutions. It actively engages in the solicitation, administration, disbursement, and rental of properties, which creates accessible housing opportunities for individuals and families in need.
By serving as a Community Housing Development Organization (CHDO), Linc - CDC plays a crucial role in helping local jurisdictions effectively utilize their HOME grants from the federal Department of Housing and Urban Development. This partnership enhances the capacity of local governments to address housing needs, ensuring that vulnerable populations have a place to call home. The organization's dedication to providing affordable housing is vital for fostering community stability and improving the quality of life for low-income residents. Through its initiatives, Linc - CDC creates a positive ripple effect that strengthens the social and economic fabric of Long Beach.
This information is meant to be a general summary of Linc - Community Development 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: $56,711
- Program Service Revenue: $7,064,979
- Gross Receipts: $7,124,344
Assets and Liabilities:
- Total Assets: $66,942,934
- Total Liabilities: $82,640,199
- Net Assets: -$15,697,265
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.
ASSET MANAGEMENT FEE
Revenue
$20,702
DEVELOPMENT FEE
Revenue
$701,339
INCENTIVE MANAGEMENT FEE
Revenue
$314,767
PARTNERSHIP MANAGMENT FEE
Revenue
$538,012
RENTAL INCOME
Revenue
$5,490,159
Organization Details
Founding Year
1996
Phone
(562) 684-1100Principal Officer
Rebecca F Clark
Main Address
3590 ELM AVENUE, LONG BEACH, CA, 90807
Website
www.linchousing.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Linc - Community Development 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.