Overview
What is Lorenzo Farm Housing Association Inc?
Lorenzo Farm Housing Association Inc is a nonprofit organization situated in Lorenzo, Texas. Their primary mission is to offer affordable housing solutions to farm workers and low-income families. This is achieved through subsidized rent, with the U.S. Department of Agriculture's Farmers Home Administration (USDA FMHA) providing financial support for the majority of tenants. The association manages 60 rental units, providing a vital living space for those in need.
Is Lorenzo Farm Housing Association Inc legitimate?
Lorenzo Farm Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorenzo Farm Housing Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,600
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What is the mission statement of Lorenzo Farm Housing Association Inc?
Lorenzo Farm Housing Association Inc's mission is centered around providing affordable housing solutions. Specifically, the organization aims to cater to the needs of farm workers and low-income families. Their efforts are supported by subsidies from the USDA FMHA for most of their tenants. The association manages a facility with 60 rental units, providing a vital service in the housing sector for a significant portion of the population.
Who is the CEO of Lorenzo Farm Housing Association Inc?
Linda Garcia is the President of Lorenzo Farm Housing Association Inc.
What is the revenue of Lorenzo Farm Housing Association Inc?
Lorenzo Farm Housing Association Inc's revenue in 2022 was $323,233.
Who are the executives of Lorenzo Farm Housing Association Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lorenzo Farm Housing Association Inc?
Lorenzo Farm Housing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lorenzo Farm Housing Association Inc
Lorenzo Farm Housing Association Inc is committed to providing affordable housing solutions for farm workers and low-income families. Their mission is to make housing accessible for this demographic, ensuring that they have a secure place to live. The association achieves this by offering subsidized rents, with the United States Department of Agriculture (USDA) Farmers Home Administration (FMHA) providing the necessary financial support for most tenants. The organization manages 60 rental units, providing a home for numerous families in need. By offering affordable housing, Lorenzo Farm Housing Association Inc contributes to the well-being and stability of its residents, enabling them to focus on other aspects of their lives.
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Impact
October, 2024
Lorenzo Farm Housing Association Inc plays a critical role in enhancing the quality of life for farm workers and low-income families in Lorenzo, TX. By providing affordable housing options, it addresses a significant need in the community, ensuring that these essential workers have a safe and stable place to live.
With 60 rental units available, the organization helps alleviate housing insecurity by offering subsidized rent through the USDA FMHA for most tenants, making housing more accessible for those who may struggle with financial constraints. This commitment not only supports the individual families but also contributes to the overall stability and growth of the local economy, as it allows families to allocate their resources toward other necessities like education and health care.
By focusing on the well-being of farm workers and low-income families, Lorenzo Farm Housing Association Inc fosters a sense of community and stability that is vital for the region's agricultural backbone.
This information is meant to be a general summary of Lorenzo Farm Housing Association 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.
- Program Service Revenue: $81,657
- Gross Receipts: $323,233
Assets and Liabilities:
- Total Assets: $1,670,052
- Total Liabilities: $930,748
- Net Assets: $739,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$81,657
Organization Details
Founding Year
1978
Phone
(806) 777-5367Principal Officer
Linda Garcia
Main Address
PO BOX 387, LORENZO, TX, 79343
NTEE Category
Code: L20 - Housing
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