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Palm Terrace Interfaith Housing Corp

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

EIN: 330831245 ✦ Lemon grove, CA ✦ Designated as a 501(c)(3)

Overview

What is Palm Terrace Interfaith Housing Corp?

Palm Terrace Interfaith Housing Corp is a nonprofit organization situated in Lemon Grove, California. Their primary mission is to foster the construction and management of affordable housing for families with low to moderate incomes, the elderly, and individuals with disabilities. The organization is committed to assisting the low-income residents of San Diego County in securing suitable housing options. With a team of three dedicated individuals, Palm Terrace Interfaith Housing Corp plays a significant role in addressing housing affordability challenges in the area.


Is Palm Terrace Interfaith Housing Corp legitimate?

Palm Terrace Interfaith Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Terrace Interfaith Housing Corp 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,181

For more financial information, click here


What is the mission statement of Palm Terrace Interfaith Housing Corp?
Who is the CEO of Palm Terrace Interfaith Housing Corp?
What is the revenue of Palm Terrace Interfaith Housing Corp?
Who are the executives of Palm Terrace Interfaith Housing Corp and what are their salaries?
Where can I find the form 990 for Palm Terrace Interfaith Housing Corp?

Mission Statement of Palm Terrace Interfaith Housing Corp

Palm Terrace Interfaith Housing Corp is dedicated to aiding in the creation of reasonably priced housing options for low-income residents residing in San Diego County. The organization's primary mission is to promote the development and operation of affordable housing units for families with low to moderate incomes, as well as the elderly and individuals with disabilities. By providing such housing, Palm Terrace Interfaith Housing Corp contributes to the betterment of its community by ensuring that a diverse range of individuals can secure a stable living environment.

Impact

This information is meant to be a general summary of Palm Terrace Interfaith Housing Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Palm Terrace Interfaith Housing Corp's impact is significant in the realm of affordable housing for low-income residents of San Diego County. By promoting the development and operation of affordable housing for low and moderate income families, the elderly, and the handicapped, Palm Terrace is actively addressing the critical need for accessible housing options in the community. Through their mission to assist in the development of affordable housing, Palm Terrace is making a tangible difference in providing safe and affordable living spaces for those in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $1,017,343
  • Gross Receipts: $1,017,343

    • Assets and Liabilities:
  • Total Assets: $2,370,926
  • Total Liabilities: $3,535,675
  • Net Assets: -$1,164,749
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,017,343

    Organization Details

    Founding Year

    1998

    Principal Officer

    Matthew B Jumper

    Main Address

    7956 LESTER AVENUE, LEMON GROVE, CA, 91945

    NTEE Category

    Code: L20 - Housing

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