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Triad Properties

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

EIN: 731726671 ✦ Ventura, CA ✦ Designated as a 501(c)(3)

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Overview

What is Triad Properties?

Triad Properties is a nonprofit organization situated in Ventura, California, with a specific mission to foster affordable housing and related services for low- and moderate-income families within the Ventura County community. Their primary goal is to promote and develop affordable living solutions, contributing to the overall well-being of the community's less privileged residents.

Is Triad Properties legitimate?

Triad Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triad Properties 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 Triad Properties?

Triad Properties is committed to promoting and facilitating the development of affordable housing and related services for households with modest to moderate incomes within the Ventura County community. Their mission is centered around providing essential housing solutions, aiming to bridge the gap for those who might otherwise struggle to secure affordable living arrangements. By offering these services, Triad Properties contributes to the community, ensuring that a diverse range of individuals can affordably and comfortably reside within the area.

Who is the CEO of Triad Properties?

Denise M Wise is the Chairperson of Triad Properties.

What is the revenue of Triad Properties?

Triad Properties's revenue in 2022 was $430,457.

Who are the executives of Triad Properties and what are their salaries?


Here are 7 key members and their salaries:


Jime White (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramsey M Jay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Polanskey (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Broderick A Huggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Wise (Executive Director)
  • Compensation: $0
  • Related: $215,662
  • Other: $32,764
Joe Nocella (Secretary/Treasurer)
  • Compensation: $0
  • Related: $104,443
  • Other: $25,180
Where can I find the form 990 for Triad Properties?

Triad Properties's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Triad Properties

Triad Properties, a nonprofit organization, is committed to advancing the cause of affordable housing and related services in the community of Ventura County. Their mission is geared towards serving low and moderate-income households, ensuring that they have access to well-maintained and reasonably priced living spaces. Triad Properties plays a significant role in contributing to the housing needs of this income bracket, thereby promoting social equality and economic stability in the community.

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Impact




October, 2024

Triad Properties plays a crucial role in enhancing the quality of life for low and moderate-income households in Ventura County by promoting and developing affordable housing. This impact is significant in a region where housing costs can be prohibitively high, making it difficult for many families to find suitable living arrangements.

By focusing on accessible housing solutions, Triad Properties not only addresses immediate shelter needs but also fosters stability within the community. This development contributes to the overall economic health of Ventura County by supporting local businesses and services, creating a more inclusive community where all residents have the opportunity to thrive.

In addition to housing, Triad Properties is involved in related services that enrich the lives of the families they serve, ensuring that residents have access to essential resources that promote well-being and community engagement. Their efforts help to build a more equitable housing landscape, ultimately making a positive and lasting impact on the entire Ventura community.




This information is meant to be a general summary of Triad Properties. 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
$430,457 (2022)
Expenses
$394,436 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,950
  • Program Service Revenue: $413,507
  • Gross Receipts: $430,457

Assets and Liabilities:

  • Total Assets: $3,112,451
  • Total Liabilities: $1,929,218
  • Net Assets: $1,183,233

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Programs

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

Tenant Rental Revenue

Revenue

$411,974

Non-rental Tenant Revenue

Revenue

$1,433

Other Affordable Housing Revenue

Revenue

$100

Organization Details

Founding Year

2004

Principal Officer

Denise M Wise

Main Address

995 Riverside Street, Ventura, CA, 93001

NTEE Category

Code: L12 - Housing

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