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Corpus Christi Finance Corporation

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

EIN: 742791815 ✦ Corpus christi, TX ✦ Designated as a 501(c)(3)

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Overview

What is Corpus Christi Finance Corporation?

The Corpus Christi Finance Corporation, situated in Corpus Christi, Texas, serves as a supportive entity for the Housing Authority of the City of Corpus Christi. Their primary mission is to assist in the creation and operation of housing for families with low income. They contribute to this endeavor through various means, aiming to make affordable housing a reality for many residents in the area. The corporation's activities and mission remain an essential part of the local community's efforts to address housing needs.

Is Corpus Christi Finance Corporation legitimate?

Corpus Christi Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corpus Christi Finance 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: $95,822

For more financial information, click here

What is the mission statement of Corpus Christi Finance Corporation?

The Corpus Christi Finance Corporation assists entities associated with the Housing Authority of the City of Corpus Christi in their endeavors to establish and manage housing for low-income families. This organization's primary goal is to support the initiatives of the Housing Authority in providing affordable housing solutions. By offering assistance, the Corpus Christi Finance Corporation contributes to the creation and operation of dwellings that cater to families with limited financial means. This organization's role is instrumental in making housing more accessible for those who need it most.

Who is the CEO of Corpus Christi Finance Corporation?

Gary Allsup is the Chair of Corpus Christi Finance Corporation. The CEO's salary of Corpus Christi Finance Corporation is $0 and their total compensation is $314,039.

What is the revenue of Corpus Christi Finance Corporation?

Corpus Christi Finance Corporation's revenue in 2022 was $81,253.

Who are the executives of Corpus Christi Finance Corporation and what are their salaries?


Here are 5 key members and their salaries (Corpus Christi Finance Corporation's CEO's salary is $0 and their total compensation is $314,039):


Cathy Mehne (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Clark (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Balli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gilda Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Allsup (President & Ceo)
  • Compensation: $0
  • Related: $314,039
  • Other: $0
Where can I find the form 990 for Corpus Christi Finance Corporation?

Corpus Christi Finance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Corpus Christi Finance Corporation

The Corpus Christi Finance Corporation plays a crucial role in aiding entities associated with the Housing Authority of the City of Corpus Christi. Its mission is centered around supporting these entities as they strive to construct and manage housing for families with low incomes. By providing assistance, the corporation contributes to the creation and operation of affordable housing units, thereby catering to the needs of economically disadvantaged families.

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Impact




October, 2024

The Corpus Christi Finance Corporation significantly impacts the community by facilitating the development and management of affordable housing options for low-income families in Corpus Christi. By providing essential assistance to entities associated with the Housing Authority of the City of Corpus Christi, the Corporation plays a crucial role in addressing housing challenges in the region. This support helps create stable living environments, contributing to the overall well-being of families who may otherwise struggle to find suitable housing. Through its efforts, the Corporation not only promotes housing accessibility but also enhances community stability and economic growth in the area.




This information is meant to be a general summary of Corpus Christi Finance 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.

Revenue
$81,253 (2022)
Expenses
$219,661 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $48,253
  • Gross Receipts: $81,253

Assets and Liabilities:

  • Total Assets: $4,250,272
  • Total Liabilities: $97,030
  • Net Assets: $4,153,242

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Organization Details

Founding Year

1996

Principal Officer

Gary Allsup

Main Address

3701 AYERS STREET, CORPUS CHRISTI, TX, 784154615

NTEE Category

Code: L200 - Housing

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