Overview
What is El Rosario Charitable Trust?
El Rosario Charitable Trust is a nonprofit organization situated in Brownsville, Texas. Established under the National Housing Act, it is regulated by the HUD (Department of Housing and Urban Development). The primary mission of El Rosario Charitable Trust is to provide affordable housing for low and moderate-income families, offering them a total of 100 homes. The organization employs a team of eight individuals, dedicated to making a positive impact in their community.
Is El Rosario Charitable Trust legitimate?
El Rosario Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(4) entity. El Rosario Charitable Trust 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: $57,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,958
For more financial information, click here
What is the mission statement of El Rosario Charitable Trust?
El Rosario Charitable Trust is committed to providing housing solutions for families with low and moderate income levels. This is accomplished under the provisions of the National Housing Act, which is overseen by the HUD (Department of Housing and Urban Development). The trust provides 100 homes in total, contributing to the housing needs of these income groups. Their mission is focused on making a positive impact on these families by offering them suitable housing options.
Who is the CEO of El Rosario Charitable Trust?
Joel Ruiz is the Interim Coordinator of El Rosario Charitable Trust.
What is the revenue of El Rosario Charitable Trust?
El Rosario Charitable Trust's revenue in 2022 was $4,709,069.
Who are the executives of El Rosario Charitable Trust and what are their salaries?
The average compensation at El Rosario Charitable Trust during 2022 was $18,018. There are 8 employees at El Rosario Charitable Trust.
Here are 6 key members and their salaries:
- Compensation: $57,190
- Related: $8,750
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for El Rosario Charitable Trust?
El Rosario Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of El Rosario Charitable Trust
El Rosario Charitable Trust is an organization dedicated to providing housing solutions for families with moderate to low income. In accordance with the National Housing Act, this nonprofit entity regulates and offers 100 homes to eligible families. By fulfilling this mission, El Rosario Charitable Trust contributes to the well-being of families in need, ensuring they have a stable and secure living environment.
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Impact
October, 2024
El Rosario Charitable Trust significantly contributes to the community by providing stable housing for low and moderate-income families in Brownsville, TX. By facilitating the construction and availability of 100 homes under the National Housing Act, regulated by HUD, it addresses the critical need for affordable housing. This initiative not only improves the living conditions of these families but also fosters a sense of community and empowerment. The impact of this work resonates beyond just shelter, as it helps families achieve greater stability, security, and opportunities for a better quality of life.
This information is meant to be a general summary of El Rosario Charitable Trust. 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: $4,189,780
- Program Service Revenue: $511,648
- Gross Receipts: $5,706,801
Assets and Liabilities:
- Total Assets: $1,099,454
- Total Liabilities: $69,707
- Net Assets: $1,029,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$302,233
RENT REVENUE
Revenue
$128,867
LEASE INCOME
Revenue
$80,548
Organization Details
Founding Year
1968
Phone
(956) 585-5051Principal Officer
Joel Ruiz
Main Address
1910 UNIVERSITY BOULEVARD, BROWNSVILLE, TX, 785204971
NTEE Category
Code: L21 - Housing
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