Overview
What is Los Alamos Senior Apartments Inc?
Los Alamos Senior Apartments Inc, a California-based nonprofit organization, is headquartered at 11 East Haley Street, Santa Barbara, CA 93101. Their primary mission is to provide housing for individuals with low to moderate income. As a public benefit corporation, they offer accommodations to those in need, including disadvantaged groups, in Los Alamos, CA. Approximately 44% of their rental income comes from "tenant-based" Section 8 receipts from the local Housing Authority. This vital service enables them to offer affordable housing solutions to a significant portion of their community.
Is Los Alamos Senior Apartments Inc legitimate?
Los Alamos Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Alamos Senior Apartments 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: $5,060
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What is the mission statement of Los Alamos Senior Apartments Inc?
Los Alamos Senior Apartments Inc, as a California non-profit organization, is dedicated to providing housing for individuals with low to moderate income and other disadvantaged groups. Their mission primarily revolves around offering housing solutions, with approximately 44% of their rental income coming from "tenant-based" Section 8 receipts from the Housing Authority. The organization's main activity involves the operation and maintenance of these affordable housing units.
Who is the CEO of Los Alamos Senior Apartments Inc?
Cindy Young is the Executive Director of Los Alamos Senior Apartments Inc.
What is the revenue of Los Alamos Senior Apartments Inc?
Los Alamos Senior Apartments Inc's revenue in 2022 was $197,751.
Who are the executives of Los Alamos Senior Apartments Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Los Alamos Senior Apartments Inc?
Los Alamos Senior Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Los Alamos Senior Apartments Inc
Los Alamos Senior Apartments Inc, a California-based non-profit organization, is dedicated to providing housing solutions for individuals and groups of low to moderate income. The organization's mission encompasses accommodating those who are economically disadvantaged, offering them a safe and comfortable living space. Approximately 44% of the rental revenue generated from the tenants comes from 'Tenant Based' Section 8 receipts from the Housing Authority, indicating a significant reliance on this federal housing program. In essence, Los Alamos Senior Apartments Inc operates with the primary objective of offering affordable housing options, thereby contributing to the well-being of its residents.
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Impact
October, 2024
Los Alamos Senior Apartments Inc plays a vital role in providing affordable housing to individuals and families of low to moderate income in the Los Alamos area of California. By operating and maintaining housing facilities, it ensures that residents have access to safe and stable living conditions. Approximately 44% of the rental revenue comes from tenant-based Section 8 receipts, which underscores its commitment to supporting those who may face financial challenges. This initiative not only enhances the quality of life for residents but also fosters a sense of community among them, contributing to the overall well-being of the Santa Barbara region.
This information is meant to be a general summary of Los Alamos Senior Apartments 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.
- Investment Income: $889
- Program Service Revenue: $196,862
- Gross Receipts: $197,751
Assets and Liabilities:
- Total Assets: $476,874
- Total Liabilities: $959,201
- Net Assets: -$482,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY ETC. INCOME
Revenue
$3,725
RENTAL INCOME
Revenue
$193,137
Organization Details
Founding Year
1987
Phone
(805) 963-9644Principal Officer
Cindy Young
Main Address
11 EAST HALEY STREET, SANTA BARBARA, CA, 93101
NTEE Category
Code: L22 - Housing
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