Overview
What is Central Coast Housing Corporation?
Central Coast Housing Corporation is a nonprofit organization situated in Denver, Colorado. Their primary objective is to provide affordable housing and economic opportunities to low-income residents in Santa Cruz County. As the primary developer of housing, they identify and facilitate affordable living spaces for families in need. They generate revenue through fees for their services and manage a low-income housing project. The corporation's mission is centered around enhancing the living conditions and prospects of disadvantaged communities in Santa Cruz County.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Central Coast Housing Corporation has received a solid Three-Star rating from Charity Navigator, reflecting an 81% overall score based on their Accountability & Finance metrics. This rating indicates that the organization maintains a strong level of transparency and fiscal responsibility, which is crucial for building trust with donors and stakeholders.
The organization excelled in several key areas, achieving full points for its financial statements, conflict of interest policy, and whistleblower policy. Notably, their program expense ratio is 100%, meaning that all of their available funds are directed toward programmatic efforts, demonstrating a strong commitment to their mission of providing housing solutions.
While the charity shows a commendable performance in financial oversight and governance, the single beacon score highlights that there may not be additional ratings or insights available to evaluate other aspects of the organization. Nonetheless, their strong accountability practices position them as a reliable nonprofit within their sector.
This AI summary has been generated from information found on Charity Navigator.
Is Central Coast Housing Corporation legitimate?
Central Coast Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Coast Housing 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: $84,677
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Central Coast Housing Corporation?
The Central Coast Housing Corporation is committed to providing affordable housing and economic opportunities for low-income residents. In line with its mission, the corporation serves as the primary developer of housing projects, offering affordable living spaces to families in need. It generates revenue through fees for its services and operates a low-income housing project. The organization's primary goal is to improve the living conditions and economic prospects of those who are less fortunate, contributing to a more equitable community.
Official website here: www.mercyhousing.org
Who is the CEO of Central Coast Housing Corporation?
Doug Shoemaker is the President/Director of Central Coast Housing Corporation.
Official website here: www.mercyhousing.org
What is the revenue of Central Coast Housing Corporation?
Central Coast Housing Corporation's revenue in 2022 was $580,072.
Official website here: www.mercyhousing.org
Who are the executives of Central Coast Housing Corporation and what are their salaries?
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $304,832
- Other: $28,064
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $164,838
- Other: $15,948
- Compensation: $0
- Related: $157,372
- Other: $10,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $151,225
- Other: $7,573
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $256,515
- Other: $45,801
- Compensation: $0
- Related: $169,136
- Other: $31,795
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $189,462
- Other: $7,937
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $198,100
- Other: $21,341
- Compensation: $0
- Related: $143,251
- Other: $38,467
- Compensation: $0
- Related: $161,460
- Other: $35,386
Official website here: www.mercyhousing.org
Where can I find the form 990 for Central Coast Housing Corporation?
Central Coast Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Central Coast Housing Corporation
Central Coast Housing Corporation, a nonprofit organization, is committed to providing affordable housing and economic opportunities to low-income residents in their community. Their mission is centered around identifying and developing affordable housing projects, ensuring that families with limited income have access to safe and comfortable living spaces. The corporation generates revenue through fees for its services and operates a low-income housing project, demonstrating its dedication to this cause. In essence, Central Coast Housing Corporation strives to improve the living conditions and economic prospects of underserved communities, making a significant contribution to the well-being of its residents.
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Impact
July, 2024
Central Coast Housing Corporation's impact is profound and direct: it provides essential affordable housing and economic opportunities to low-income residents in Santa Cruz County. By identifying and acting as the primary developer of housing, this organization plays a vital role in addressing the pressing need for affordable housing in the community. Through its services, including operating a low-income housing project, Central Coast Housing Corporation actively supports and uplifts individuals and families facing economic challenges, helping them secure stable and safe housing options.
This information is meant to be a general summary of Central Coast Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,822
- Program Service Revenue: $377,965
- Gross Receipts: $580,072
Assets and Liabilities:
- Total Assets: $7,348,664
- Total Liabilities: $779,293
- Net Assets: $6,569,371
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$367,852
OTHER REVENUE
Revenue
$10,113
Organization Details
Founding Year
1986
Phone
(303) 830-3300Principal Officer
Doug Shoemaker
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L20Z - Housing
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