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Housing Alternatives Inc

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

EIN: 680415771 ✦ Roseville, CA ✦ Designated as a 501(c)(3)

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Overview

What is Housing Alternatives Inc?

Housing Alternatives Inc, located at 755 Sunrise Avenue STE 150, Roseville, CA 95661, is a nonprofit organization dedicated to addressing housing needs. Despite facing restrictions due to the COVID-19 pandemic in 2022, they continued their mission. Their primary focus is on housing investment and development, serving the needs of very-low income, low-income, and middle-income individuals. They accomplished this by providing educational resources on crucial topics such as fire safety and living safely in a COVID-19 environment. The organization's efforts are aimed at improving housing conditions and ensuring a safe living environment for its community. (119 words)

Is Housing Alternatives Inc legitimate?

Housing Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Alternatives 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: $222,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,203

For more financial information, click here

What is the mission statement of Housing Alternatives Inc?

Housing Alternatives Inc's mission is centered around investment and development of housing, catering to the needs of individuals with varying income levels, including very-low income and low-income individuals, as well as middle-income families. Their objective is to provide suitable housing solutions for this demographic. Despite the challenges posed by the COVID-19 pandemic in 2022, the organization continued to focus on educating residents about crucial topics such as fire safety and living safely in a pandemic environment, emphasizing both areas to ensure the well-being of their community.

What is the revenue of Housing Alternatives Inc?

Housing Alternatives Inc's revenue in 2023 was $833,229.

Who are the executives of Housing Alternatives Inc and what are their salaries?

The average compensation at Housing Alternatives Inc during 2023 was $127,602. There are 2 employees at Housing Alternatives Inc.

Here are 3 key members and their salaries:


Brian Grant (Vice-President)
  • Compensation: $150,000
  • Related: $0
  • Other: $0
Elva Grant (President & Executive Directo)
  • Compensation: $72,000
  • Related: $0
  • Other: $0
Carmella Badalayan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Housing Alternatives Inc?

Housing Alternatives Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Housing Alternatives Inc

Housing Alternatives Inc, as a nonprofit organization, is dedicated to addressing the housing needs of individuals with varying income levels, including very-low income and low-income individuals, as well as middle-income families. Their mission is centered around housing investment and development, aiming to serve this diverse group effectively. In times of crisis, such as the COVID-19 pandemic, while activities may be significantly curtailed, the organization continues to focus on providing educational resources to its residents. Topics like fire safety and living safely in a COVID-19 environment remain a priority, reinforcing the importance of safety and well-being within the housing community.

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Impact




October, 2024

Housing Alternatives Inc plays a crucial role in addressing the housing needs of very-low, low-, and middle-income individuals and families. Through targeted housing investment and development initiatives, the organization aims to provide accessible housing solutions in Roseville, CA.

In 2022, despite the challenges posed by the COVID-19 pandemic, Housing Alternatives Inc continued to make a significant impact by focusing on education and safety for residents. The organization prioritized informative sessions on essential topics such as fire safety and maintaining safe living conditions in a pandemic environment. This commitment to education not only helps residents mitigate risks but also fosters a greater sense of community resilience.

By tackling housing issues directly and promoting safety awareness, Housing Alternatives Inc contributes to the overall well-being of vulnerable populations in the region, ensuring that even in challenging times, support and resources remain available.




This information is meant to be a general summary of Housing Alternatives 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
$833,229 (2023)
Expenses
$298,578 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $568,806
  • Program Service Revenue: $244,408
  • Gross Receipts: $833,229

Assets and Liabilities:

  • Total Assets: $6,565,284
  • Total Liabilities: $213,070
  • Net Assets: $6,352,214

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Programs

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

Compliance ReviewsInsp

Revenue

$3,102

Welfare Exemption Fees

Revenue

$23,350

Insurance Settlement

Revenue

$18,817

Developer Fees

Revenue

$87,836

PropertyMgmtFees

Revenue

$111,303

Organization Details

Founding Year

1998

Principal Officer

Brian Grant

NTEE Category

Code: L20 - Housing

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