Overview
What is Monterey County Housing Inc?
Monterey County Housing Inc is a dedicated nonprofit organization, established with the mission to promote and develop affordable housing and related services for families with moderate incomes residing in Monterey County. The organization's efforts encompass owning two residential rental apartment complexes, providing a total of 55 affordable housing units in the area. This nonprofit public benefit corporation is committed to enhancing the living conditions and providing essential housing solutions for low to moderate income households.
Is Monterey County Housing Inc legitimate?
Monterey County Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monterey County Housing 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: $59,816
For more financial information, click here
What is the mission statement of Monterey County Housing Inc?
Monterey County Housing Inc, as a nonprofit organization, is dedicated to promoting and developing affordable housing and related services for households with low to moderate incomes. The corporation's mission is accomplished through the ownership and management of two residential rental apartment complexes, providing a total of 55 affordable housing units in the area. By offering affordable housing options, Monterey County Housing Inc aims to contribute to the well-being and stability of its community members, ensuring they have access to decent living spaces.
What is the revenue of Monterey County Housing Inc?
Monterey County Housing Inc's revenue in 2023 was $544,885.
Who are the executives of Monterey County Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $10,184
- Related: $0
- Other: $0
Where can I find the form 990 for Monterey County Housing Inc?
Monterey County Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Monterey County Housing Inc
Monterey County Housing Inc, a nonprofit public benefit organization, is committed to promoting and developing affordable housing and related services for low to moderate income households. This mission is carried out through the ownership and management of residential rental apartment complexes in the area. Currently, the organization manages two such complexes, providing a total of 55 affordable apartment units to those in need. By offering these affordable housing solutions, Monterey County Housing Inc aims to make a significant impact on the lives of those in the community who may otherwise struggle to secure suitable and affordable housing.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Monterey County Housing Inc plays a crucial role in addressing the housing needs of low to moderate-income households in Monterey County. By promoting and developing affordable housing options, the organization helps create stable living environments that enhance the quality of life for residents.
With ownership of two residential rental apartment complexes, Monterey County Housing Inc provides 55 affordable apartment units, directly impacting the local community by ensuring access to safe and affordable living spaces. This focus on affordable housing not only alleviates financial burdens for many families but also contributes to community stability and development.
Additionally, the organization’s commitment to related services fosters a supportive environment, helping residents navigate challenges and improve their overall well-being. Through these efforts, Monterey County Housing Inc not only addresses immediate housing needs but also works toward long-term community sustainability and health in the region.
This information is meant to be a general summary of Monterey County Housing 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 2023.
- Program Service Revenue: $326,085
- Gross Receipts: $544,885
Assets and Liabilities:
- Total Assets: $3,260,807
- Total Liabilities: $2,556,990
- Net Assets: $703,817
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTAL INCOME
Revenue
$314,497
OTHER TENANT CHARGES
Revenue
$7,673
LAUNDRY
Revenue
$3,452
PROGRAM INVESTMENT INC
Revenue
$463
Organization Details
Founding Year
1989
Principal Officer
John Rose
NTEE Category
Code: L20 - Housing
If you are a representative of Monterey County Housing Inc 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.