Overview
What is Yolo Mutual Housing Association?
Yolo Mutual Housing Association is a prominent nonprofit organization situated in Sacramento, California. With a primary focus on affordability, the association acts as the general partner for several limited partnerships, managing and operating various affordable housing complexes in Davis, California. These complexes include Twin Pines Community Associates, Moore Village Associates, and New Harmony, LP, each accommodating around 36, 59, and 69 units respectively. Additionally, the association holds a 50% stake in New Harmony, LLC and a 49% share in Owendale Mutual Housing Association, LLC, both of which oversee 69-unit and 45-unit affordable housing complexes respectively. Yolo Mutual Housing Association's mission is to provide affordable housing solutions for the residents of Yolo County, California.
Is Yolo Mutual Housing Association legitimate?
Yolo Mutual Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yolo Mutual Housing Association 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
For more financial information, click here
What is the mission statement of Yolo Mutual Housing Association?
The Yolo Mutual Housing Association's primary objective is to provide affordable housing solutions for residents within its jurisdiction. In accomplishing this mission, the association acts as the general partner in several California limited partnerships, managing multiple affordable housing complexes in Davis, CA. These complexes offer housing units to a substantial number of residents, with the 36-unit Twin Pines Community, 36-unit Tremont Green, 59-unit Moore Village, 69-unit New Harmony, and 45-unit Owendale Mutual Housing Complexes being notable examples. By offering affordable housing, the association contributes to ensuring that a diverse range of individuals and families have access to suitable living spaces.
Who is the CEO of Yolo Mutual Housing Association?
Roberto Jimenez is the Ceo of Yolo Mutual Housing Association. The CEO's salary of Yolo Mutual Housing Association is $0 and their total compensation is $244,650.
What is the revenue of Yolo Mutual Housing Association?
Yolo Mutual Housing Association's revenue in 2022 was $90,313.
Who are the executives of Yolo Mutual Housing Association and what are their salaries?
There 6 volunteers at Yolo Mutual Housing Association.
Here are 8 key members and their salaries (Yolo Mutual Housing Association's CEO's salary is $0 and their total compensation is $244,650):
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
- Related: $212,750
- Other: $31,900
- Compensation: $0
- Related: $190,498
- Other: $20,688
Where can I find the form 990 for Yolo Mutual Housing Association?
Yolo Mutual Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yolo Mutual Housing Association
Yolo Mutual Housing Association is dedicated to providing affordable housing solutions to the residents of Yolo County, California. In pursuit of this mission, the organization serves as the general partner in several California limited partnerships, managing and operating various affordable housing complexes. These include Twin Pines Community Associates with 36 units, YMHA Tremont Green Associates with 36 units, YMHA Moore Village Associates with 59 units, and New Harmony, LLC, a 69-unit complex, where Yolo Mutual Housing Association holds a 50% ownership stake. Furthermore, the association is also a 49% owner of Owendale Mutual Housing Association, LLC, which manages a 45-unit affordable housing complex. By providing affordable housing options, Yolo Mutual Housing Association contributes to the well-being and stability of its community members.
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Impact
October, 2024
Yolo Mutual Housing Association plays a crucial role in addressing the affordable housing needs of residents in Yolo County, CA. By operating several affordable housing complexes, including Davis MHA Twin Pines Community, YMHA Tremont Green, Moore Village, New Harmony, and Owendale Mutual Housing, the organization contributes significantly to the availability of safe, quality housing for low-income families.
The impact is multifaceted: reducing housing insecurity, promoting community stability, and enhancing the overall quality of life for residents. With a collective total of over 245 units across these developments, Yolo Mutual Housing helps ensure that families can live in desirable areas without being financially burdened.
Moreover, by fostering sustainable living environments and facilitating community engagement among residents, the association strengthens social ties and empowers individuals to thrive. In a region where rising housing costs can be prohibitive, Yolo Mutual Housing Association stands as a vital partner in creating equitable and inclusive communities.
This information is meant to be a general summary of Yolo Mutual Housing Association. 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.
- Investment Income: $15
- Program Service Revenue: $90,298
- Gross Receipts: $90,313
Assets and Liabilities:
- Total Assets: $167,521
- Total Liabilities: $6,473,529
- Net Assets: -$6,306,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$90,298
Organization Details
Founding Year
1995
Phone
(916) 453-8400Principal Officer
Roberto Jimenez
Main Address
3321 POWER INN ROAD 320, SACRAMENTO, CA, 95826
NTEE Category
Code: L80 - Housing
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