Coronel Place Inc

Coronel Place Inc is a California-based nonprofit organization, established as a public benefit corporation, with a mission to provide affordable housing for individuals of low to moderate income. Their primary activity involves the operation and maintenance of a 20-unit apartment complex situated in Santa Barbara, California. The organization played a significant role in redeveloping this complex, and approximately 29% of the rental income is subsidized by the Housing Authority. Coronel Place Inc is committed to contributing positively to the local community by offering housing options for those in need.

Coronel Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coronel Place 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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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Coronel Place Inc, as a non-profit organization, is dedicated to serving individuals of low to moderate income by redeveloping a 20-unit apartment complex. A significant portion of the rental income from tenants is subsidized, with approximately 29% supported by the Housing Authority. The organization's primary activity involves managing and maintaining this apartment complex to provide affordable housing options. While the mission statement is not explicitly stated, the organization's actions suggest a commitment to contributing to housing equity and providing affordable living spaces for those in need.

Cindy Young is the Executive Director of Coronel Place Inc.

Coronel Place Inc's revenue in 2022 was $479,054.

The Coronel Place Inc’s most recent form 990 was submitted in 2022 and can be accessed here