Overview
What is Lytton Iv Housing Corporation?
Lytton Iv Housing Corporation is a nonprofit organization, incorporated in California, with a primary mission to develop, construct, and operate a 51-unit independent living complex for low-income seniors. This project, located in Palo Alto, California, falls under Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD). The project consists of 50 subsidized units and one employee unit, serving 74 individuals annually. Lytton Iv Housing Corporation is dedicated to providing quality senior communities, encompassing housing, social, and healthcare services, ensuring lower-income seniors have access to comfortable living environments and necessary support services.
Official website here: www.covia.org
Is Lytton Iv Housing Corporation legitimate?
Lytton Iv Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lytton Iv Housing Corporation 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: $118,140
For more financial information, click here
Official website here: www.covia.org
What is the mission statement of Lytton Iv Housing Corporation?
Lytton Iv Housing Corporation's mission is centered around providing quality living spaces and supportive services to low-income senior citizens. This non-profit organization aims to create communities that encompass both housing and essential health and social care services. By doing so, it seeks to enhance the quality of life for its senior residents, ensuring they have access to necessary support systems. Operating under the National Housing Act, Lytton Iv Housing Corporation is regulated by the Department of Housing and Urban Development (HUD), which establishes guidelines for rent charges, operating methods, and asset usage. The corporation's project in Palo Alto, California, has 50 partially subsidized units and one employee unit, serving 74 people in a year.
Official website here: www.covia.org
Who is the CEO of Lytton Iv Housing Corporation?
Eduardo Salvador is the Chairman of Lytton Iv Housing Corporation. The CEO's salary of Lytton Iv Housing Corporation is $0 and their total compensation is $223,190.
Official website here: www.covia.org
What is the revenue of Lytton Iv Housing Corporation?
Lytton Iv Housing Corporation's revenue in 2022 was $378,835.
Official website here: www.covia.org
Who are the executives of Lytton Iv Housing Corporation and what are their salaries?
The average compensation at Lytton Iv Housing Corporation during 2022 was $39,380. There are 3 employees and 17 volunteers at Lytton Iv Housing Corporation.
Here are 18 key members and their salaries (Lytton Iv Housing Corporation's CEO's salary is $0 and their total compensation is $223,190):
- 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,032,702
- Other: $10,267
- Compensation: $0
- Related: $543,764
- Other: $49,111
- Compensation: $0
- Related: $490,744
- Other: $28,922
- Compensation: $0
- Related: $241,150
- Other: $49,252
- Compensation: $0
- Related: $216,226
- Other: $19,099
- Compensation: $0
- Related: $478,264
- Other: $56,639
- Compensation: $0
- Related: $500,719
- Other: $15,679
- Compensation: $0
- Related: $471,771
- Other: $11,719
- Compensation: $0
- Related: $442,942
- Other: $10,980
- Compensation: $0
- Related: $373,068
- Other: $33,370
- Compensation: $0
- Related: $217,119
- Other: $6,071
Official website here: www.covia.org
Where can I find the form 990 for Lytton Iv Housing Corporation?
Lytton Iv Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covia.org
Learn more at the official website: www.covia.org
Mission Statement of Lytton Iv Housing Corporation
Lytton Iv Housing Corporation is committed to providing quality living environments for low-income senior citizens. This nonprofit organization, incorporated in California, aims to go beyond just housing, offering comprehensive social and healthcare services to its residents. The corporation's mission is to create and manage senior communities that cater to the unique needs of its residents, ensuring they live with dignity and security. By operating under Section 202 of the National Housing Act, Lytton Iv Housing Corporation is regulated by the United States Department of Housing and Urban Development (HUD), ensuring that rent charges, operating methods, and asset use adhere to specified guidelines. The corporation, which serves 74 individuals annually, operates a 51-unit complex in Palo Alto, California, consisting of 50 subsidized units and one employee unit.
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Impact
October, 2024
Lytton IV Housing Corporation significantly impacts the lives of low-income seniors by establishing quality independent living communities that integrate housing with essential social and health care services. By developing and operating a dedicated 51-unit apartment complex in Palo Alto, California, the organization addresses critical housing needs for seniors, ensuring that they have access to safe and affordable living options.
The facility not only provides partially subsidized rental units but also fosters a supportive environment where residents can thrive both socially and physically. By operating under the guidelines of Section 202 of the National Housing Act, the project ensures compliance with federal regulations and maintains affordability through established rent controls.
In the past year, Lytton IV served 74 individuals, offering them a sense of community and belonging while also promoting their well-being through available services. The commitment to enhancing the quality of life for lower-income seniors encapsulates Lytton IV Housing Corporation's mission, making a meaningful difference in the lives of vulnerable populations in the Walnut Creek area and beyond.
This information is meant to be a general summary of Lytton Iv Housing Corporation. 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: $87
- Program Service Revenue: $376,830
- Gross Receipts: $378,835
Assets and Liabilities:
- Total Assets: $22,628,676
- Total Liabilities: $6,820,599
- Net Assets: $15,808,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ASSISTANCE INCOME
Revenue
$237,160
RENTAL INCOME
Revenue
$139,670
Organization Details
Founding Year
1992
Phone
(925) 956-7370Principal Officer
Eduardo Salvador
Main Address
2185 N CALIFORNIA BLVD 215, WALNUT CREEK, CA, 94596
Website
www.covia.orgNTEE Category
Code: L99Z - Housing
If you are a representative of Lytton Iv Housing Corporation 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.