Overview
What is Opportunity Center Hdc Inc?
Opportunity Center Hdc Inc, located in Fremont, California, serves as the general partner for Opportunity Center Associates LP, an entity responsible for managing an affordable housing project. The nonprofit organization's primary mission is to facilitate the development of affordable housing for low and moderate-income individuals, working towards making housing more accessible and affordable for those in need. By doing so, Opportunity Center Hdc Inc plays a significant role in promoting social equity and improving living conditions for its community.
Is Opportunity Center Hdc Inc legitimate?
Opportunity Center Hdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opportunity Center Hdc 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
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What is the mission statement of Opportunity Center Hdc Inc?
Opportunity Center Hdc Inc is committed to facilitating the development of affordable housing. In this capacity, the organization serves as the general partner of Opportunity Center Associates LP, which owns and operates an affordable housing project. This project caters to individuals with low and moderate income levels. The organization's primary goal is to contribute to making housing more accessible and affordable for a broad segment of the population. By doing so, Opportunity Center Hdc Inc aims to contribute to a more equitable living situation for numerous individuals and families.
Who is the CEO of Opportunity Center Hdc Inc?
Louis D Chicoine is the CEO of Opportunity Center Hdc Inc The CEO's salary of Opportunity Center Hdc Inc is $0 and their total compensation is $361,589.
What is the revenue of Opportunity Center Hdc Inc?
Opportunity Center Hdc Inc's revenue in 2023 was $38,204.
Who are the executives of Opportunity Center Hdc Inc and what are their salaries?
There 4 volunteers at Opportunity Center Hdc Inc.
Here are 6 key members and their salaries (Opportunity Center Hdc Inc's CEO's salary is $0 and their total compensation is $361,589):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $227,611
- Other: $33,720
- Compensation: $0
- Related: $280,616
- Other: $15,958
- Compensation: $0
- Related: $355,675
- Other: $5,914
Where can I find the form 990 for Opportunity Center Hdc Inc?
Opportunity Center Hdc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Opportunity Center Hdc Inc
Opportunity Center HDC Inc is dedicated to facilitating the development of affordable housing. In pursuit of this mission, the organization serves as the general partner of Opportunity Center Associates LP, which owns and operates an affordable housing project for individuals with low and moderate income. By taking on this role, Opportunity Center HDC Inc contributes to the provision of affordable housing, thereby addressing a significant need in the community. The organization's efforts in this area aim to make housing more accessible and affordable for those who might otherwise struggle to secure a decent living space.
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Impact
October, 2024
Opportunity Center Hdc Inc plays a crucial role in addressing the housing needs of low and moderate-income individuals in Fremont, CA. By facilitating the development of affordable housing, it provides essential support and resources for those seeking stable living conditions. As the general partner of Opportunity Center Associates LP, the organization manages and operates an affordable housing project that not only creates homes but also fosters community and stability for its residents. Through its efforts, Opportunity Center Hdc Inc contributes to reducing housing insecurity and promoting equitable access to safe, affordable living spaces for underserved populations.
This information is meant to be a general summary of Opportunity Center Hdc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $38,204
- Gross Receipts: $38,204
Assets and Liabilities:
- Total Assets: -$1,019,505
- Total Liabilities: $121,304
- Net Assets: -$1,140,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MGMT FEE
Revenue
$38,168
PARTNERSHIP INCOME
Revenue
$36
Organization Details
Founding Year
2002
Principal Officer
John Reiber
NTEE Category
Code: L20 - Housing
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