Overview
What is Housing On Merit?
Housing On Merit is a nonprofit organization based in Los Angeles, California, with a presence in Washington D.C. Their primary mission is to provide affordable housing and ancillary services to individuals and families residing in their properties. These services are facilitated through learning centers, focusing on education, empowerment, financial stability, and health and wellness. Additionally, Housing On Merit develops and owns affordable housing properties across the country and has a research and design platform dedicated to addressing housing affordability and homelessness issues by showcasing, incubating, and implementing innovative policy, finance, and technology solutions. The organization aims to create a bridge to permanent affordable housing for vulnerable populations in California and Washington D.C., currently employing 21 individuals.
Official website here: www.housingonmerit.org
Is Housing On Merit legitimate?
Housing On Merit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing On Merit 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: $423,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $719,123
For more financial information, click here
Official website here: www.housingonmerit.org
What is the mission statement of Housing On Merit?
Housing On Merit's mission is centered around providing a pathway to permanent affordable housing for vulnerable populations, specifically in California and Washington D.C. Beyond just providing housing, the organization also offers ancillary services to its residents through learning centers. These learning centers focus on four key areas: education, empowerment, financial stability, and health and wellness. Additionally, Housing On Merit develops and owns affordable housing properties throughout the country and has a research and design platform dedicated to finding solutions to the housing affordability and homelessness crisis.
Official website here: www.housingonmerit.org
What is the revenue of Housing On Merit?
Housing On Merit's revenue in 2023 was $1,450,106.
Official website here: www.housingonmerit.org
Who are the executives of Housing On Merit and what are their salaries?
The average compensation at Housing On Merit during 2023 was $47,622. There are 24 employees and 8 volunteers at Housing On Merit.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $182,692
- Related: $0
- Other: $4,301
- Compensation: $130,693
- Related: $0
- Other: $5,672
- Compensation: $96,739
- Related: $0
- Other: $3,720
Official website here: www.housingonmerit.org
Where can I find the form 990 for Housing On Merit?
Housing On Merit's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.housingonmerit.org
Learn more at the official website: www.housingonmerit.org
Mission Statement of Housing On Merit
Housing On Merit, a nonprofit organization, is dedicated to bridging the gap towards permanent, affordable housing for vulnerable populations in both California and Washington D.C. Their mission is multifaceted, focusing on providing a comprehensive support system for individuals and families residing in their affordable housing properties. Through learning centers, Housing On Merit concentrates on four key areas: education, empowerment, financial stability, and health and wellness. By offering these ancillary services, the organization aims to foster personal growth and self-sufficiency among its residents. Additionally, Housing On Merit develops and owns affordable housing properties nationwide, and has a research and design platform that showcases, incubates, and implements innovative solutions to the housing affordability and homelessness crisis.
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
Housing On Merit has a significant impact on vulnerable populations in California and Washington D.C. by facilitating access to permanent affordable housing. This organization not only develops and manages affordable housing properties but also enriches the lives of residents through a comprehensive approach that includes ancillary services. The focus on education, empowerment, financial stability, and health and wellness through dedicated learning centers helps individuals and families build essential skills and resources, fostering a sense of community and self-sufficiency.
In addition to supportive services, Housing On Merit is at the forefront of addressing the broader housing affordability and homelessness crisis. Its research and design platform is committed to innovating policy, finance, and technology solutions that can make a lasting difference in the housing landscape. By bridging the gap between temporary assistance and lasting solutions, Housing On Merit plays a crucial role in transforming the lives of those it serves, ultimately contributing to healthier, more stable communities.
This information is meant to be a general summary of Housing On Merit. 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 2023.
- Investment Income: $2,783
- Program Service Revenue: $1,348,738
- Gross Receipts: $1,450,106
Assets and Liabilities:
- Total Assets: $5,597,979
- Total Liabilities: $4,055,622
- Net Assets: $1,542,357
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.
PARTNERSHIP ADMISSION
Revenue
$1,054,338
PROJECT SERVICE FEES
Revenue
$276,895
GROUND LEASE
Revenue
$17,505
Organization Details
Founding Year
2011
Principal Officer
Miguel Garcia
Website
www.housingonmerit.orgNTEE Category
Code: L40 - Housing
If you are a representative of Housing On Merit 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.