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Preserving Alameda County Housing Inc

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

EIN: 451805538 ✦ Hayward, CA ✦ Designated as a 501(c)(3)

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Overview

What is Preserving Alameda County Housing Inc?

Preserving Alameda County Housing Inc, based in Hayward, California, is a nonprofit organization with a mission to support the Housing Authority of Alameda County (HACA). Their primary goal is to provide affordable housing for low-income individuals and families, addressing the lack of decent and safe housing for these groups. They also aim to combat urban blight and contribute to community improvement. Additionally, PACH assists low-income households by enabling them to secure housing and carries out various activities to benefit HACA, such as buying, owning, and operating properties, and borrowing funds for their initiatives. In essence, PACH serves as a key partner for HACA in promoting social welfare through community-based housing activities.


Official website here: www.haca.net

Is Preserving Alameda County Housing Inc legitimate?

Preserving Alameda County Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preserving Alameda County Housing Inc 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.haca.net

What is the mission statement of Preserving Alameda County Housing Inc?

Preserving Alameda County Housing Inc, established with the purpose of supporting the Housing Authority of Alameda County, is dedicated to providing and maintaining affordable housing units for low-income individuals and families. The organization aims to combat housing deterioration and improve communities, as well as lessen the government's burden by acquiring and continuing to operate previously owned low-income public housing units. Additionally, Preserving Alameda County Housing Inc engages in various activities such as buying, owning, and leasing real estate, constructing necessary improvements, and borrowing money to further its objectives, all with the ultimate goal of benefiting and supporting the Housing Authority of Alameda County.


Official website here: www.haca.net

Who is the CEO of Preserving Alameda County Housing Inc?

Mansoorali Hudda is the Sec/Exe Dir of Preserving Alameda County Housing Inc.


Official website here: www.haca.net

What is the revenue of Preserving Alameda County Housing Inc?

Preserving Alameda County Housing Inc's revenue in 2022 was $5,633,363.


Official website here: www.haca.net

Who are the executives of Preserving Alameda County Housing Inc and what are their salaries?

There 3 volunteers at Preserving Alameda County Housing Inc.


Here are 5 key members and their salaries:


Kurt Wiest (Sec/Exe Dir)
  • Compensation: $0
  • Related: $239,676
  • Other: $19,033
Mansoorali Hudda (Treasurer)
  • Compensation: $0
  • Related: $196,042
  • Other: $19,766
Peggy Mcquaid (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yang Shao (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gerry (2Nd V.President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.haca.net

Where can I find the form 990 for Preserving Alameda County Housing Inc?

Preserving Alameda County Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.haca.net

Learn more at the official website: www.haca.net

Mission Statement of Preserving Alameda County Housing Inc

Preserving Alameda County Housing Inc, a nonprofit organization, was established with a mission to support the Housing Authority of Alameda County. Its primary objectives involve developing, acquiring, owning, leasing, and rehabilitating affordable housing units. The organization serves as a cornerstone, aiding in the realization of the Housing Authority's mission to provide decent, safe, and sanitary housing for low-income individuals and families.

By focusing on affordable housing, Preserving Alameda County Housing Inc aims to combat blight and deterioration in communities, contributing to their physical improvement. Furthermore, the nonprofit assists low-income households by enabling them to secure the basic human need of decent shelter. By doing so, it lessens the government's burden by acquiring leasehold or fee interests in housing previously owned by the Housing Authority and continuing to operate it as affordable housing.

In addition to these objectives, Preserving Alameda County Housing Inc also promotes social welfare through community-based housing activities. The organization engages in various activities that benefit and support the Housing Authority, including buying, owning, selling, assigning, mortgaging, or leasing any interest in real estate and personal property. Moreover, it constructs, maintains, and operates improvements necessary for the provision of affordable housing. The nonprofit can also borrow money and issue evidence of indebtedness to further its objectives, securing the debt by mortgage, pledge, or other lien on its property.

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Impact




October, 2024

Preserving Alameda County Housing Inc (PACH) significantly impacts the region by addressing critical housing needs for low-income individuals and families. By developing, acquiring, rehabilitating, and operating affordable housing units, PACH plays a vital role in alleviating the struggle for decent and safe housing where it's most lacking.

PACH’s initiatives directly contribute to the well-being of communities. By providing affordable housing options, it combats housing insecurity, allowing families to secure a stable living environment. This stability is foundational for fostering healthier communities and supports the overall social welfare of the area.

Moreover, PACH's efforts to combat blight and deterioration enhance the physical environment of neighborhoods, contributing to community revitalization and improving the quality of life for all residents. By continuing to operate previously public housing units, PACH helps to maintain vital housing resources that might otherwise diminish, thereby reducing the burden on local government entities.

Additionally, PACH embodies a proactive approach to community support through its various activities, which include promoting social welfare and engaging in housing-based initiatives. This holistic approach ensures that the organization not only responds to immediate housing needs but also contributes to long-term social and economic stability within Alameda County.




This information is meant to be a general summary of Preserving Alameda County Housing Inc. 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.

Revenue
$5,633,363 (2022)
Expenses
$4,879,575 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $372,014
  • Program Service Revenue: $5,180,458
  • Gross Receipts: $5,633,363

Assets and Liabilities:

  • Total Assets: $33,054,763
  • Total Liabilities: $349,402
  • Net Assets: $32,705,361

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Programs

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

Property Rents

Revenue

$5,180,458

Organization Details

Founding Year

2011

Principal Officer

Mansoorali Hudda

Main Address

22941 Atherton Street, Hayward, CA, 94541

NTEE Category

Code: L22 - Housing

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