Overview
What is Avenida Espana Hdc Inc?
Avenida Espana Hdc Inc, based in San Jose, California, serves as the general partner for four California limited partnerships: McCreery Avenue LP, AE Associates LP, Rincon Gardens Associates LP, and Julian Street Partners LP. These partnerships collectively own and manage affordable housing projects, catering to individuals with low and moderate income levels. The organization's primary mission is to facilitate the development of affordable housing, aiming to contribute positively to the community by providing essential housing solutions.
Is Avenida Espana Hdc Inc legitimate?
Avenida Espana Hdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avenida Espana Hdc 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: $0
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What is the mission statement of Avenida Espana Hdc Inc?
Avenida Espana Hdc Inc, as a general partner, facilitates the development of affordable housing through its involvement in four California limited partnerships: McCreery Avenue LP, AE Associates LP, Rincon Gardens Associates LP, and Julian Street Partners LP. These partnerships collectively own and operate housing projects that cater to individuals with low and moderate income levels. The organization's primary mission is to contribute to the creation of affordable housing options, providing a vital service for those in need.
Who is the CEO of Avenida Espana Hdc Inc?
Preston Prince is the President of Avenida Espana Hdc Inc.
What is the revenue of Avenida Espana Hdc Inc?
Avenida Espana Hdc Inc's revenue in 2022 was $329,520.
Who are the executives of Avenida Espana Hdc Inc and what are their salaries?
There 2 volunteers at Avenida Espana Hdc Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $382,229
- Other: $62,452
Where can I find the form 990 for Avenida Espana Hdc Inc?
Avenida Espana Hdc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Avenida Espana Hdc Inc
Avenida Espana Hdc Inc, as a general partner, facilitates the development of affordable housing through its involvement in four California limited partnerships: McCreery Avenue LP, AE Associates LP, Rincon Gardens Associates LP, and Julian Street Partners LP. These partnerships own and operate various affordable housing projects, catering to low and moderate income individuals. The organization's mission is centered around providing affordable housing solutions, ensuring that individuals from these income brackets have access to suitable living spaces. Avenida Espana Hdc Inc plays a crucial role in this endeavor by partnering with these limited partnerships to manage and operate these affordable housing projects.
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Impact
October, 2024
Avenida Espana Hdc Inc plays a crucial role in the landscape of affordable housing in California. By serving as the general partner for four limited partnerships—McCreery Avenue LP, AE Associates Ltd, Rincon Gardens Associates LP, and Julian Street Partners LP—this organization actively contributes to the ownership and operation of affordable housing projects targeted at low and moderate-income individuals and families.
Its impact is felt in San Jose, where it facilitates the development of housing that is both accessible and economically viable for those who often struggle to find safe and stable living conditions. By focusing on affordable housing, Avenida Espana Hdc Inc helps to alleviate the housing crisis that many communities face, ensuring that essential needs are met for vulnerable populations. The organization's efforts not only enhance the quality of life for residents but also contribute to the overall stability and growth of the local economy by providing homes where individuals can thrive.
This information is meant to be a general summary of Avenida Espana Hdc 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: $1,331
- Program Service Revenue: $328,189
- Gross Receipts: $329,520
Assets and Liabilities:
- Total Assets: $9,928,207
- Total Liabilities: $12,876,632
- Net Assets: -$2,948,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$328,189
Organization Details
Founding Year
1990
Phone
(408) 275-8770Principal Officer
Preston Prince
Main Address
505 WEST JULIAN STREET, SAN JOSE, CA, 95110
NTEE Category
Code: L20 - Housing
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