Overview
What is Twin Oaks Mutual Housing Community?
Twin Oaks Mutual Housing Community is a nonprofit organization situated in Houston, Texas. Their primary mission involves acquiring and managing a 248-unit apartment complex, specifically intended for low-income households. Through this initiative, they aim to enhance community stability by promoting mutual housing ownership. By managing housing as an affordable alternative, they cater to the needs of low-income families, thereby contributing positively to their living conditions. The organization employs a team of eight individuals in their operations.
Is Twin Oaks Mutual Housing Community legitimate?
Twin Oaks Mutual Housing Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Oaks Mutual Housing Community 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,539
For more financial information, click here
Mission Statement of Twin Oaks Mutual Housing Community
Twin Oaks Mutual Housing Community is dedicated to enhancing community stability by promoting mutual housing ownership and managing housing as an affordable option for low-income families. Through this mission, the organization aims to provide a viable alternative for families who may be struggling financially. This mission is achieved by acquiring and managing housing complexes, such as the 248-unit apartment complex obtained from HUD, to be used specifically for low-income housing. By doing so, Twin Oaks Mutual Housing Community contributes to the overall well-being of its residents and helps foster a sense of community among its members.
Impact
This information is meant to be a general summary of Twin Oaks Mutual Housing Community. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Twin Oaks Mutual Housing Community in Houston, TX, has made a significant impact on the community by providing affordable housing options for low-income families. Through the development of mutual housing ownership and management practices, Twin Oaks has helped to stabilize the community and improve the quality of life for its residents. The acquisition and management of a 248-unit apartment complex from HUD has provided much-needed housing for individuals and families who might otherwise struggle to find affordable accommodations. Twin Oaks' commitment to offering affordable housing options aligns with its mission of enhancing community stability and promoting mutual housing ownership as a sustainable solution for those in need.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rents
Revenue
$2,113,200
Organization Details
Founding Year
1997
Phone
(713) 772-4420
Principal Officer
Yolanda Esquivel
Main Address
8323 Southwest Frwy STE 330, Houston, TX, 77074
NTEE Category
Code: L21Z - Housing
If you are a representative of Twin Oaks Mutual Housing Community and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.