Turning Point Commons Inc

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

EIN: 680016029 ✦ Chico, CA ✦ Designated as a 501(c)(3)

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Overview

What is Turning Point Commons Inc?

Turning Point Commons Inc is a nonprofit organization, whose primary mission is to offer affordable rental housing. Although the organization's current status is not provided, the information indicates that their main focus has been on housing solutions for individuals in need. The specific activities and services provided by Turning Point Commons Inc remain undisclosed, but it is known that they strive to make housing more accessible for their community.

Is Turning Point Commons Inc legitimate?

Turning Point Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turning Point Commons 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: $34,679

For more financial information, click here

What is the mission statement of Turning Point Commons Inc?

Turning Point Commons Inc, prior to its termination or inactivity, had a mission centered around providing affordable rental housing. This nonprofit organization aimed to make housing accessible for individuals within their community, without specifying any particular demographic or location. Unfortunately, due to its termination or inactivity, the organization is no longer able to carry out this mission.

Who is the CEO of Turning Point Commons Inc?

Seana O'Shaughnessy is the President of Turning Point Commons Inc.

What is the revenue of Turning Point Commons Inc?

Turning Point Commons Inc's revenue in 2022 was $3,689,336.

Who are the executives of Turning Point Commons Inc and what are their salaries?

There 7 volunteers at Turning Point Commons Inc.


Here are 7 key members and their salaries:


Gilbert Cruz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Reid (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juana Gutierrez (Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Richmond (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Galvan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymi Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Verdugo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Turning Point Commons Inc?

Turning Point Commons Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Turning Point Commons Inc

Turning Point Commons Inc, in its mission, focused on providing affordable rental housing. This nonprofit organization aimed to make housing accessible for individuals, ensuring that financial constraints did not hinder their living situation. However, it is important to note that Turning Point Commons Inc is no longer active or in operation, as per the information provided. Despite its termination, the organization's commitment to affordable housing remains a notable contribution to the community it once served.

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Impact




October, 2024

Turning Point Commons Inc focused on addressing the critical need for affordable rental housing in Chico, CA. By providing access to affordable housing options, the organization played a significant role in helping individuals and families secure stable living conditions, which are essential for overall well-being.

Although it is no longer active, the mission of Turning Point Commons Inc highlighted the importance of affordable housing in combating homelessness and housing insecurity. Their efforts would have contributed to creating a more inclusive community by ensuring that low-income residents had access to safe and affordable living spaces, thereby fostering a sense of belonging and stability.

In a broader context, initiatives like those undertaken by Turning Point Commons Inc are vital in tackling the challenges of housing affordability and accessibility, impacting local economies and the social fabric of communities.




This information is meant to be a general summary of Turning Point Commons 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
$3,689,336 (2022)
Expenses
$317,501 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,077,479
  • Program Service Revenue: $282,425
  • Gross Receipts: $4,794,382

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RENTAL INCOME

Revenue

$278,489

OTHER INCOME

Revenue

$3,936

Organization Details

Founding Year

1982

Principal Officer

Seana O'Shaughnessy

Main Address

25 VIA LA PAZ, CHICO, CA, 95928

NTEE Category

Code: L21 - Housing

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