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Comite Gericola Regional De Mayagugz Incorporado

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

EIN: 660399738 ✦ Designated as a 501(c)(3)

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Overview

What is Comite Gericola Regional De Mayagugz Incorporado?

Comite Gericola Regional De Mayagugz Incorporado is a nonprofit organization that focuses on providing affordable housing solutions for the elderly, operating under the HUD program. Their mission revolves around offering low-income housing options to the elderly, ensuring they have a suitable living environment. This organization plays a crucial role in addressing housing challenges for the elderly in the community, contributing to their overall well-being.

Is Comite Gericola Regional De Mayagugz Incorporado legitimate?

Comite Gericola Regional De Mayagugz Incorporado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comite Gericola Regional De Mayagugz Incorporado 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: $179,834

For more financial information, click here

What is the mission statement of Comite Gericola Regional De Mayagugz Incorporado?

Comite Gericola Regional De Mayagugz Incorporado's primary mission is to offer affordable housing solutions for the elderly population, facilitated through the HUD program. The organization's activities are centered around providing low-income housing for this demographic, ensuring they have a safe and secure living environment. By doing so, Comite Gericola Regional De Mayagugz Incorporado contributes to the well-being and support of elderly individuals who may be financially challenged, thereby enhancing their overall quality of life.

Who is the CEO of Comite Gericola Regional De Mayagugz Incorporado?

Angel Alers is the President of Comite Gericola Regional De Mayagugz Incorporado.

What is the revenue of Comite Gericola Regional De Mayagugz Incorporado?

Comite Gericola Regional De Mayagugz Incorporado's revenue in 2022 was $1,025,570.

Who are the executives of Comite Gericola Regional De Mayagugz Incorporado and what are their salaries?


There is 1 key member and their salary:


Angel Alers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Comite Gericola Regional De Mayagugz Incorporado?

Comite Gericola Regional De Mayagugz Incorporado's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Comite Gericola Regional De Mayagugz Incorporado

Comite Gericola Regional De Mayagugz Incorporado, a nonprofit organization, is dedicated to providing low-income housing solutions for the elderly. Operating under the HUD program, this organization's mission is to create a living environment that caters to the needs of the elderly population. By offering low-income housing options, Comite Gericola Regional De Mayagugz Incorporado aims to provide a safe and comfortable living space for those who may not have the means to afford it otherwise. The organization's mission is to ensure that the elderly have access to affordable housing, enhancing their quality of life and providing them with a sense of security and stability.

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Impact




October, 2024

Comite Gericola Regional De Mayagugz Incorporado plays a vital role in enhancing the quality of life for elderly residents by providing low-income housing under the HUD program. The organization's efforts help to ensure that seniors have access to safe and affordable living conditions, which are essential for their well-being and independence.

By focusing on low-income housing, the initiative addresses a critical need in the community, helping to alleviate housing insecurity among older adults. This not only improves the living standards of the elderly but also contributes to their physical and mental health by promoting stable housing environments. Furthermore, by facilitating access to adequate housing, Comite Gericola Regional De Mayagugz Incorporado fosters a sense of community and belonging among residents, enhancing their overall quality of life.

The impact of this organization extends beyond individual beneficiaries, as it also supports wider community stability by creating more inclusive housing options for vulnerable populations. Through its commitment to this mission, the organization plays a crucial role in addressing social and economic disparities faced by the elderly in the region.




This information is meant to be a general summary of Comite Gericola Regional De Mayagugz Incorporado. 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
$1,025,570 (2022)
Expenses
$978,933 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $671
  • Program Service Revenue: $1,017,784
  • Gross Receipts: $1,025,570

Assets and Liabilities:

  • Total Assets: $1,809,400
  • Total Liabilities: $2,578,919
  • Net Assets: -$769,519

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Programs

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

HUD Tenants assistance payments

Revenue

$958,303

Apartment or Member Carrying Charges

Revenue

$147,459

Vacancies

Revenue

-$87,978

Organization Details

Founding Year

1979

Principal Officer

Angel Alers

NTEE Category

Code: L21Z - Housing

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