Overview
What is Rufino Contreras Affordable Housing Corporation Inc?
Rufino Contreras Affordable Housing Corporation Inc is a nonprofit organization, established with the mission to support low-income families. Based in Keene, California, the corporation operates through its subsidiaries, San Antonio Low-Income Housing, LLC, and South Union Housing Development, LLC. These subsidiaries manage low-income housing projects in San Antonio and Houston, Texas, respectively. Additionally, the organization holds general partner interests in other low-income housing projects and is currently sponsoring the development of two new projects. By providing affordable, safe housing at below-market rental rates, Rufino Contreras Affordable Housing Corporation Inc fulfills its charitable objectives, focusing on housing, welfare, and social services for low-income families.
Is Rufino Contreras Affordable Housing Corporation Inc legitimate?
Rufino Contreras Affordable Housing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rufino Contreras Affordable Housing Corporation 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.
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What is the mission statement of Rufino Contreras Affordable Housing Corporation Inc?
Rufino Contreras Affordable Housing Corporation Inc was established with a charitable purpose, focusing on low-income families. Their mission involves providing housing, welfare, and social services. The organization operates through subsidiaries and general partnerships, developing and managing low-income housing projects in various locations. These projects offer affordable, safe housing to individuals and families at below-market rental rates, aligning with the organization's mission and objectives. The corporation's activities aim to ensure continued access to affordable housing for those in need.
Who is the CEO of Rufino Contreras Affordable Housing Corporation Inc?
Paul F Chavez is the President of Rufino Contreras Affordable Housing Corporation Inc.
What is the revenue of Rufino Contreras Affordable Housing Corporation Inc?
Rufino Contreras Affordable Housing Corporation Inc's revenue in 2022 was $4,686,981.
Who are the executives of Rufino Contreras Affordable Housing Corporation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Rufino Contreras Affordable Housing Corporation Inc?
Rufino Contreras Affordable Housing Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rufino Contreras Affordable Housing Corporation Inc
Rufino Contreras Affordable Housing Corporation Inc, a charitable organization, was established with a mission to support low-income families by providing housing, welfare, and social services. The corporation has a mandate to facilitate affordable housing solutions for individuals and families, ensuring they have continued access to safe and reasonably priced accommodations at rates below market value.
In line with its mission, Rufino Contreras Affordable Housing Corporation Inc owns subsidiaries such as San Antonio Low-Income Housing, LLC, and South Union Housing Development, LLC, which manage low-income housing projects in San Antonio and Houston, Texas, respectively. Additionally, the organization holds general partner interests in other low-income housing projects and is currently sponsoring the development of two more projects, thereby expanding its scope and reach to serve an increasing number of low-income families in need of affordable housing. These initiatives are all in accordance with the organization's mission and program objectives, offering a viable solution to the housing challenges faced by low-income individuals and families.
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Impact
October, 2024
Rufino Contreras Affordable Housing Corporation Inc significantly impacts communities by providing low-income families with access to affordable housing and essential services. Through its subsidiaries, it owns and manages low-income housing projects in San Antonio and Houston, ensuring that these families have safe and stable living environments. The corporation actively contributes to the development of new housing projects, which not only increases the availability of affordable units but also fosters community growth and stability.
By maintaining rental rates below the market level, the organization alleviates the financial burden on low-income individuals and families, allowing them to allocate resources to other critical areas such as education, healthcare, and employment. Its engagement in welfare and social services further enhances the quality of life for residents, addressing broader social issues that often affect these communities. Overall, the corporation plays a crucial role in promoting economic mobility and social equity in the regions it serves.
This information is meant to be a general summary of Rufino Contreras Affordable Housing Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,934
- Program Service Revenue: $4,662,047
- Gross Receipts: $4,686,981
Assets and Liabilities:
- Total Assets: $32,533,545
- Total Liabilities: $40,770,391
- Net Assets: -$8,236,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,341,680
MISCELLANEOUS INCOME
Revenue
$240,283
TENANT CHARGES
Revenue
$79,718
INTEREST-DEVELOPER NOTES
Revenue
$366
Organization Details
Founding Year
2001
Phone
(661) 822-5571Principal Officer
Paul F Chavez
Main Address
29700 WOODFORD TEHACHAPI RD, KEENE, CA, 93531
NTEE Category
Code: L20 - Housing
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