Overview
What is Burbank Housing Management Corporation?
Burbank Housing Management Corporation is a nonprofit organization located in Santa Rosa, California, with a headquarters at 1425 Corporate Center Parkway, ZIP code 95407. Their primary mission is to manage 60 affordable housing properties, accommodating a total of 2,779 units for low-income elderly, families, and individuals with disabilities. The corporation provides essential management services, ensuring compliance and engaging in community activities for these properties. With a dedicated workforce of 94 employees, they aim to uphold the affordability of rental housing for their property owners, contributing positively to the local community.
Is Burbank Housing Management Corporation legitimate?
Burbank Housing Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burbank Housing Management Corporation 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: $2,788,928
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What is the mission statement of Burbank Housing Management Corporation?
Burbank Housing Management Corporation's mission is centered around managing affordable rental housing properties for their property owners. The corporation's activities extend beyond mere property management, encompassing compliance and community service initiatives. With a focus on affordability, the organization manages a significant number of properties, housing over 2,779 units intended for low-income elderly, families, and individuals with disabilities. The corporation's mission is to ensure these properties are well-managed and meet the needs of their residents, contributing to the overall well-being of the communities they serve.
Who is the CEO of Burbank Housing Management Corporation?
Lawrance Florin is the CEO of Burbank Housing Management Corporation The CEO's salary of Burbank Housing Management Corporation is $0 and their total compensation is $549,817.
What is the revenue of Burbank Housing Management Corporation?
Burbank Housing Management Corporation's revenue in 2023 was $6,494,498.
Who are the executives of Burbank Housing Management Corporation and what are their salaries?
The average compensation at Burbank Housing Management Corporation during 2023 was $12,793. There are 218 employees and 15 volunteers at Burbank Housing Management Corporation.
Here are 22 key members and their salaries (Burbank Housing Management Corporation's CEO's salary is $0 and their total compensation is $549,817):
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- Related: $515,517
- Other: $34,300
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- Other: $38,282
- Compensation: $156,555
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- Other: $28,225
- Compensation: $177,310
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- Other: $5,089
- Compensation: $129,610
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- Other: $15,258
- Compensation: $115,102
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- Other: $14,697
- Compensation: $113,879
- Related: $0
- Other: $5,569
Where can I find the form 990 for Burbank Housing Management Corporation?
Burbank Housing Management Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Burbank Housing Management Corporation
Burbank Housing Management Corporation, a nonprofit organization, is dedicated to managing affordable rental housing properties for their property owners. Their mission lies in ensuring the proper maintenance and compliance of these properties, catering to the needs of low-income elderly, families, and individuals with disabilities. With a portfolio of 60 properties and 2,779 units, this corporation plays a significant role in providing affordable housing solutions for these vulnerable populations. By managing these properties effectively, Burbank Housing Management Corporation contributes to the overall well-being and stability of these communities, ensuring they have access to safe and affordable housing options.
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Impact
October, 2024
Burbank Housing Management Corporation significantly impacts the community by providing essential management services for affordable housing properties. The organization manages 60 low-income housing properties, which comprise a total of 2,779 units designed for low-income elderly individuals, families, and persons with disabilities. This focus on affordable rental housing not only addresses immediate housing needs but also fosters stability and security for some of the most vulnerable populations in Santa Rosa, California.
By ensuring compliance with housing regulations and actively engaging in community service activities, Burbank Housing plays a crucial role in maintaining the quality and accessibility of housing for those in need. The corporation's mission is centered on effective management for property owners, which ultimately enhances the living conditions and quality of life for residents, contributing to a healthier, more inclusive community.
This information is meant to be a general summary of Burbank Housing Management Corporation. 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: $6,448,681
- Gross Receipts: $6,494,498
Assets and Liabilities:
- Total Assets: $2,975,874
- Total Liabilities: $243,260
- Net Assets: $2,732,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT AN
Revenue
$3,238,661
ERC TAX REFUND
Revenue
$1,350,478
RESIDENT SERVICES FEE
Revenue
$957,661
ACCOUNTING FEE
Revenue
$523,478
RENTAL INCOME
Revenue
$234,620
Organization Details
Founding Year
1994
Principal Officer
Lawrance Florin
NTEE Category
Code: L21 - Housing
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