Overview
What is Affordable Housing Cdc Inc?
Affordable Housing CDC Inc, located in Ladera Ranch, California, is a dedicated nonprofit organization with a mission to provide affordable housing options for low-income families and senior citizens. They specialize in the predevelopment, development, and operation of numerous affordable multi-family housing properties, totaling approximately 4,000 residential units. The organization's primary goal is to create decent, affordable living spaces for those in need, contributing to the well-being of the community with a workforce of just two individuals.
Official website here: www.ahcdc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Affordable Housing CDC Inc has received a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved a perfect score in several critical areas, including an independent board composition, financial oversight, and absence of material asset diversion. This rating demonstrates a high level of transparency and responsible financial management.
The nonprofit's commitment to strong governance is evident, with 80% of its board members being independent. It has robust policies in place, including conflict of interest and whistleblower policies, which further enhance its credibility. Additionally, the organization's low liabilities to assets ratio indicates a solid financial footing.
While the organization excels in financial metrics and governance practices, ongoing assessments should continue to focus on its program outcomes and community impact to maintain transparency and relevance in the affordable housing sector. Overall, Affordable Housing CDC Inc stands out as a reliable charity with a strong reputation for accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Housing Cdc Inc legitimate?
Affordable Housing Cdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Cdc 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: $268,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,287
For more financial information, click here
Official website here: www.ahcdc.com
What is the mission statement of Affordable Housing Cdc Inc?
Affordable Housing Cdc Inc, established with the primary goal, is dedicated to providing decent and affordable housing options for low-income families and senior citizens. Their mission is to ensure that these groups have access to such housing, thereby enhancing their living standards. The organization's activities involve predevelopment, development, and operations related to numerous affordable multi-family housing properties, representing approximately 4,000 residential units. This commitment to affordable housing aims to significantly contribute to the community by providing a stable living environment for a substantial number of families and seniors.
Official website here: www.ahcdc.com
Who is the CEO of Affordable Housing Cdc Inc?
Joseph A Stalzer is the Exec. Director/President of Affordable Housing Cdc Inc.
Official website here: www.ahcdc.com
What is the revenue of Affordable Housing Cdc Inc?
Affordable Housing Cdc Inc's revenue in 2022 was $2,844,579.
Official website here: www.ahcdc.com
Who are the executives of Affordable Housing Cdc Inc and what are their salaries?
The average compensation at Affordable Housing Cdc Inc during 2022 was $166,708. There are 2 employees and 4 volunteers at Affordable Housing Cdc Inc.
Here are 5 key members and their salaries:
- Compensation: $201,720
- Related: $0
- Other: $64,009
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ahcdc.com
Where can I find the form 990 for Affordable Housing Cdc Inc?
Affordable Housing Cdc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ahcdc.com
Learn more at the official website: www.ahcdc.com
Mission Statement of Affordable Housing Cdc Inc
Affordable Housing CDC Inc, established with a mission in mind, is dedicated to providing decent and affordable housing options for low-income families and senior citizens. This nonprofit organization was established with the specific purpose of addressing the housing needs of these groups, offering them a chance at a stable living situation. Through predevelopment, development, and operations related to numerous affordable multi-family housing properties, Affordable Housing CDC Inc represents approximately 4,000 residential units. This commendable work aims to contribute to a more equitable housing landscape, ensuring that those in need have access to safe and affordable homes.
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Impact
July, 2024
Affordable Housing CDC Inc has made a significant impact by providing affordable housing options to low and moderate-income families and seniors. Through their predevelopment, development, and operations efforts related to numerous affordable multi-family housing properties, they have created approximately 4,000 residential units. Their mission to offer low and moderate-income families and senior citizens decent, affordable housing has been crucial in addressing the housing needs of vulnerable populations in Ladera Ranch, CA. Affordable Housing CDC Inc's work in this area has had a positive impact on the community and has helped improve the quality of life for many individuals and families.
This information is meant to be a general summary of Affordable Housing Cdc 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: $2,164,243
- Program Service Revenue: $680,336
- Gross Receipts: $2,844,579
Assets and Liabilities:
- Total Assets: $9,478,176
- Total Liabilities: $20,429
- Net Assets: $9,457,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$654,378
DEVELOPMENT FEES
Revenue
$275,000
CONSULTING FEES
Revenue
$4,650
LOSS IN EQUITY
Revenue
-$253,692
Organization Details
Founding Year
1992
Phone
(949) 429-1250Principal Officer
Joseph A Stalzer
Main Address
27762 ANTONIO PARKWAY L1-624, LADERA RANCH, CA, 92694
Website
www.ahcdc.comNTEE Category
Code: L80 - Housing
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