Overview
What is Housing Trust Fund Ventura County?
Housing Trust Fund Ventura County (HTFVC) is a nonprofit organization situated in Camarillo, California. Their primary mission is to promote various housing options by harnessing financial resources and collaborating with public, private, and non-profit entities across Ventura County. Their primary program involves managing a revolving loan fund, which is a combination of public, private, and charitable funds. Developers, whether for-profit or non-profit, can apply for these loans to cover funding gaps in predevelopment, acquisition, rehabilitation, and construction of new affordable housing units in Ventura County. HTFVC sources its revolving loan funds from various resources such as local government contributions, County of Ventura, State of California, corporate grants, private charitable grants, and individual donations. With a workforce of three individuals, HTFVC plays a significant role in supporting affordable housing in Ventura County.
Official website here: www.housingtrustfundvc.org
Is Housing Trust Fund Ventura County legitimate?
Housing Trust Fund Ventura County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Trust Fund Ventura County 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: $141,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,339
For more financial information, click here
Official website here: www.housingtrustfundvc.org
What is the mission statement of Housing Trust Fund Ventura County?
Housing Trust Fund Ventura County's mission is to promote a wider range of housing options by tapping into and amplifying financial resources. They achieve this goal by collaborating with various sectors, including the public, private, and non-profit, within Ventura County. The primary program of HTFVC is a revolving loan fund, which is utilized to finance the development of affordable housing units. This fund is sourced from various resources such as local government contributions, state grants, corporate donations, and individual contributions. The aim is to help both for-profit and non-profit developers fill funding gaps for predevelopment, acquisition, rehabilitation, and construction of affordable housing units.
Official website here: www.housingtrustfundvc.org
Who is the CEO of Housing Trust Fund Ventura County?
Linda Braunschweiger is the CEO of Housing Trust Fund Ventura County The CEO's salary of Housing Trust Fund Ventura County is $141,064 and their total compensation is $141,064.
Official website here: www.housingtrustfundvc.org
What is the revenue of Housing Trust Fund Ventura County?
Housing Trust Fund Ventura County's revenue in 2023 was $4,127,413.
Official website here: www.housingtrustfundvc.org
Who are the executives of Housing Trust Fund Ventura County and what are their salaries?
The average compensation at Housing Trust Fund Ventura County during 2023 was $94,134. There are 3 employees at Housing Trust Fund Ventura County.
Here are 19 key members and their salaries (Housing Trust Fund Ventura County's CEO's salary is $141,064 and their total compensation is $141,064):
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Official website here: www.housingtrustfundvc.org
Where can I find the form 990 for Housing Trust Fund Ventura County?
Housing Trust Fund Ventura County's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.housingtrustfundvc.org
Learn more at the official website: www.housingtrustfundvc.org
Mission Statement of Housing Trust Fund Ventura County
Housing Trust Fund Ventura County, a non-profit organization, is committed to expanding housing options by tapping into and amplifying financial resources. Working collaboratively with various sectors, including the public, private, and non-profit entities, the organization seeks to bridge funding gaps for the development of affordable housing units in Ventura County. By operating a revolving loan fund, Housing Trust Fund Ventura County provides financial assistance to both for-profit and non-profit developers, helping to fill funding gaps in predevelopment, acquisition, and rehabilitation stages for new affordable housing units. The organization sources its revolving loan funds from various sources, including local government contributions, grants from the State of California, private charitable grants, corporate grants, and individual donations.
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Impact
October, 2024
Housing Trust Fund Ventura County significantly enhances affordable housing options in the region by providing crucial financial resources for development projects. Through its primary program, a revolving loan fund, it supports both for-profit and non-profit developers in closing gaps in financing for affordable housing initiatives. The fund, powered by a blend of local government contributions, state grants, and private donations, facilitates loans for various stages of housing development, including predevelopment, acquisition, rehabilitation, and construction.
By fostering collaborations across the public, private, and non-profit sectors, the organization plays a vital role in addressing the housing crisis in Ventura County. Its impact is evidenced by the increased availability of affordable housing units, improved living conditions for residents, and the stabilization of communities. Ultimately, the Housing Trust Fund Ventura County champions the creation of diverse housing choices, helping to ensure that residents can find safe and affordable places to live.
This information is meant to be a general summary of Housing Trust Fund Ventura County. 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: $500,196
- Program Service Revenue: $63,570
- Gross Receipts: $4,158,995
Assets and Liabilities:
- Total Assets: $17,293,082
- Total Liabilities: $6,001,886
- Net Assets: $11,291,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Board Dues
Revenue
$8,750
Application Fees
Revenue
$500
Documentation Fees
Revenue
$500
Loan Origination Fee
Revenue
$45,320
Underwriting Fee
Revenue
$1,500
Organization Details
Founding Year
2011
Principal Officer
Linda Braunschweiger
Website
www.housingtrustfundvc.orgNTEE Category
Code: L20 - Housing
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