Overview
What is First Community Housing?
First Community Housing (FCH) is a distinguished nonprofit organization based in San Jose, California. Established in 1986, FCH has been instrumental in developing over 1,466 units of high-quality, affordable housing for families earning 20-80% of the area median income in Silicon Valley. Recognized for its commitment to sustainability, FCH employs energy-efficient materials and systems in its developments, earning awards for architectural design, property management, and energy efficiency. Over the years, FCH has served more than 3,000 individuals, dedicating its mission to providing quality, affordable housing to low- and moderate-income households. The organization's mission aims to alleviate poverty, lessen government burdens, and combat community deterioration, demonstrating a strong commitment to its community. With a workforce of 32 employees, FCH continues its mission of developing and offering sustainable housing solutions for those in need.
Official website here: www.firsthousing.org
What are the reviews and ratings of this charity?
Charity Navigator gives First Community Housing a rating of 84%, which translates to a Three-Star out of Four Star rating. This score reflects strong accountability and financial management, with a particularly high score of 83% in this area. The organization demonstrates transparency and ethical practices, having 100% independent board members and a robust system for handling financial oversight.
User feedback highlights the positive experiences of residents and community members. Reviews consistently praise the quality of housing provided, particularly the sustainable building practices and community-oriented facilities like rooftop gardens. Many users express satisfaction with the management and overall living conditions, viewing FCH as a leader in affordable housing construction.
While the feedback is overwhelmingly positive, the limitations are not explicitly noted in the data. However, the low score in Culture & Community indicates there may be areas for improvement in engaging with the broader community or enhancing the organizational culture. Overall, First Community Housing is recognized for its commitment to providing quality affordable housing while maintaining high standards of accountability.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is First Community Housing legitimate?
First Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Community Housing 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: $992,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,077,491
For more financial information, click here
Official website here: www.firsthousing.org
What is the mission statement of First Community Housing?
First Community Housing's mission is centered around alleviating poverty and providing aid to underprivileged individuals. They achieve this by constructing high-quality, sustainable, and affordable housing units for households earning between 20% and 80% of the area median income. By doing so, they aim to reduce the burden on government and combat community deterioration. The organization is recognized for its commitment to utilizing sustainable and energy-efficient materials in its developments, earning awards for architectural design, property management, and energy efficiency. During the year, over 3,000 people have been served by First Community Housing.
Official website here: www.firsthousing.org
Who is the CEO of First Community Housing?
Richard Conniff is the Chairman Of The Board of First Community Housing. The CEO's salary of First Community Housing is $308,570 and their total compensation is $350,295.
Official website here: www.firsthousing.org
What is the revenue of First Community Housing?
First Community Housing's revenue in 2022 was $3,311,800.
Official website here: www.firsthousing.org
Who are the executives of First Community Housing and what are their salaries?
The average compensation at First Community Housing during 2022 was $95,948. There are 32 employees and 13 volunteers at First Community Housing.
Here are 22 key members and their salaries (First Community Housing's CEO's salary is $308,570 and their total compensation is $350,295):
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- Compensation: $308,570
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- Other: $41,725
- Compensation: $181,043
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- Other: $51,999
- Compensation: $179,978
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- Other: $11,156
- Compensation: $186,000
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- Other: $32,387
- Compensation: $123,962
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- Other: $32,943
- Compensation: $136,960
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- Other: $17,581
- Compensation: $136,857
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- Other: $41,940
- Compensation: $134,900
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- Other: $41,232
- Compensation: $134,900
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- Other: $36,999
Official website here: www.firsthousing.org
Where can I find the form 990 for First Community Housing?
First Community Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.firsthousing.org
Learn more at the official website: www.firsthousing.org
Mission Statement of First Community Housing
First Community Housing, established in 1986, has dedicated its mission to alleviate poverty and improve living conditions for underprivileged individuals. The organization achieves this by constructing high-quality, sustainable, and affordable housing units for households earning between 20% and 80% of the area median income. By doing so, First Community Housing aims to reduce the burden on governments and combat community deterioration.
The organization is recognized for its commitment to environmental sustainability, employing energy-efficient materials and systems in its housing developments. This green approach has earned First Community Housing numerous awards in architectural design, property management, and energy efficiency. Throughout the year, the nonprofit serves over 3,000 people by providing them with these affordable housing units.
In essence, First Community Housing's mission is to contribute positively to society by creating living spaces that are both eco-friendly and affordable for low and moderate-income families. By doing so, the organization strives to enhance the quality of life for its residents and contribute to a more equitable community.
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Impact
July, 2024
First Community Housing's impact can be seen in its dedication to building high-quality, sustainable, and affordable housing in Silicon Valley. Since 1986, First Community Housing has developed over 1,466 units of affordable rental housing for households earning 20-80% of the area median income. They are known for their commitment to using sustainable, energy-efficient materials and systems in their developments and have received awards for architectural design, property management, and energy efficiency. Through their work, over 3,000 people were served in the past year, contributing to the relief of the poor and underprivileged, lessening the burdens of government, and combating community deterioration by providing quality, affordable housing for low and moderate-income households.
This information is meant to be a general summary of First Community Housing. 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: $523,399
- Program Service Revenue: $2,522,213
- Gross Receipts: $3,311,800
Assets and Liabilities:
- Total Assets: $40,255,959
- Total Liabilities: $63,446,712
- Net Assets: -$23,190,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,662,315
DEVELOPER FEE INCOME
Revenue
$763,338
MGMT AND RESIDENT SERV
Revenue
$69,560
GROUND LEASE INCOME
Revenue
$27,000
Organization Details
Founding Year
1986
Phone
(408) 291-8650Principal Officer
Richard Conniff
Main Address
75 EAST SANTA CLARA STREET 1300, SAN JOSE, CA, 95113
Website
www.firsthousing.orgIf you are a representative of First Community Housing 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.