Overview
What is Central Valley Low Income Housing Corp?
Central Valley Low Income Housing Corp, situated in Stockton, California, is a dedicated nonprofit organization. Its primary mission is to offer affordable housing and related support services to low-income families and individuals residing in San Joaquin County, California. The corporation plays a significant role in administering the Continuum of Care Program and managing supportive housing contracts. Through these initiatives, they assist around 348 homeless households, providing them with County-wide case management services. Additionally, Central Valley Low Income Housing Corp offers support services, including rent assistance to eligible low-income households under federal poverty programs. In collaboration with BHS, they also cater to at-risk populations, demonstrating a comprehensive approach to community welfare. The organization employs a workforce of 40 individuals, contributing significantly to the local community.
Official website here: www.cvlihc.org
What are the reviews and ratings of this charity?
**Rating: 90% (Four-Star out of Four Star Rating on Charity Navigator)**
The Central Valley Low Income Housing Corporation has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The high score is attributed primarily to its commitment to maintaining an independent board and robust financial oversight, ensuring the organization's operations align with best practices.
Among its strengths, 100% of the board members are independent, which supports transparency and reduces conflict of interest. The organization also boasts an impressive program expense ratio of 99.07%, indicating that nearly all funds are directed toward its mission rather than administrative costs. However, the absence of a whistleblower policy and the missing tax form on its website are noted areas for improvement.
User reviews from GreatNonprofits could not be fetched at this time, leaving no additional sentiment or feedback to report. Overall, Central Valley Low Income Housing Corp stands out for its strong governance and financial health, though addressing the noted issues could further enhance its credibility and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Central Valley Low Income Housing Corp legitimate?
Central Valley Low Income Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Valley Low Income Housing Corp 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
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Other Salaries and Wages: $1,589,917
For more financial information, click here
Official website here: www.cvlihc.org
What is the mission statement of Central Valley Low Income Housing Corp?
The Central Valley Low Income Housing Corp, in its mission, aims to provide affordable housing and related support services to low-income households and individuals. This corporation operates under federal poverty programs, offering rent assistance and collaborating with other organizations to serve at-risk populations. Their primary goal is to enhance the living conditions of those in need, providing them with a stable housing environment. In addition, they administer various housing programs, manage supportive housing contracts, and offer case management services to approximately 348 homeless households.
Official website here: www.cvlihc.org
Who is the CEO of Central Valley Low Income Housing Corp?
Jonathan Mendelson is the Chairman of Central Valley Low Income Housing Corp.
Official website here: www.cvlihc.org
What is the revenue of Central Valley Low Income Housing Corp?
Central Valley Low Income Housing Corp's revenue in 2022 was $11,275,860.
Official website here: www.cvlihc.org
Who are the executives of Central Valley Low Income Housing Corp and what are their salaries?
The average compensation at Central Valley Low Income Housing Corp during 2022 was $39,748. There are 40 employees at Central Valley Low Income Housing Corp.
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- Compensation: $124,800
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- Compensation: $128,050
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Official website here: www.cvlihc.org
Where can I find the form 990 for Central Valley Low Income Housing Corp?
Central Valley Low Income Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvlihc.org
Learn more at the official website: www.cvlihc.org
Mission Statement of Central Valley Low Income Housing Corp
Central Valley Low Income Housing Corp, in its mission, strives to provide affordable housing and related support services to low-income households and individuals residing in San Joaquin County, California. The organization's primary objective is to assist those who fall under federal poverty programs, offering them necessary support services such as rent assistance. In addition to this, Central Valley Low Income Housing Corp collaborates with other organizations, like BHS, to extend its services to at-risk populations.
In fulfilling its mission, Central Valley Low Income Housing Corp administers HUD's Continuum of Care program, manages supportive housing contracts, offers transitional housing assistance, and provides county-wide case management services to approximately 348 homeless households (consisting of individuals and families). This comprehensive approach aims to address the unique challenges faced by the low-income community, ensuring they have access to safe and affordable housing along with the required support services. Through its dedicated efforts, Central Valley Low Income Housing Corp seeks to contribute positively to the well-being of its community members.
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Impact
July, 2024
Central Valley Low Income Housing Corp's impact is providing essential support services, including rent assistance, to low-income households that qualify for assistance under federal poverty programs. They work with at-risk populations in collaboration with BHS to provide services. Additionally, they have administered HUD's Continuum of Care program, managed supportive housing contracts, offered transitional housing assistance, and provided county-wide case management services to approximately 348 homeless households (individuals and families). Through their mission to provide affordable housing and related support services to low-income households and individuals in San Joaquin County, California, Central Valley Low Income Housing Corp is making a significant difference in addressing housing needs and supporting vulnerable populations.
This information is meant to be a general summary of Central Valley Low Income Housing Corp. 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 2022.
- Program Service Revenue: $499,512
- Gross Receipts: $11,275,860
Assets and Liabilities:
- Total Assets: $2,036,821
- Total Liabilities: $259,303
- Net Assets: $1,777,518
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM SHELTER & CARE ACTIVITI
Revenue
$319,093
SUBRENT RECEIVED
Revenue
$180,419
Organization Details
Founding Year
2000
Phone
(209) 472-7200Principal Officer
Jonathan Mendelson
Main Address
2431 W MARCH LANE 350, STOCKTON, CA, 95207
Website
www.cvlihc.orgNTEE Category
Code: L21 - Housing
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