Overview
What is Charities Housing Development Corp Of Santa Clara County?
Charities Housing Development Corp of Santa Clara County, a Santa Jose-based nonprofit with 83 employees, specializes in developing quality, affordable housing for families with low to moderate income. Acting as a developer of publicly assisted housing, they strive to enhance human dignity and participation by employing service-enhanced property management and structured resident involvement. Their mission encompasses developing, preserving, and managing high-quality affordable housing for low-income individuals and their families. They contribute to the community by maintaining the highest standards in affordable housing.
Official website here: www.charitieshousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Charities Housing Development Corp Of Santa Clara County has earned an 88% rating, indicating strong performance in accountability and finance. The organization exhibits a robust commitment to transparency, with a fully independent board and comprehensive policies in place to govern operations, reflecting a solid foundation in oversight and ethical practices.
The organization has been recognized for its high program expense ratio of 77.41%, suggesting that a significant portion of its funds is directed towards its mission rather than administrative costs. Additionally, its financial stability is evidenced by the absence of material diversion of assets, and the presence of an effective audit and oversight committee enhances its credibility.
However, the charity's liabilities to assets ratio stands at 61.13%, which may raise some concerns regarding financial leverage and stability. While the overall financial health appears sound, stakeholders might want to monitor this aspect to ensure sustained viability.
This AI summary has been generated from information found on Charity Navigator.
Is Charities Housing Development Corp Of Santa Clara County legitimate?
Charities Housing Development Corp Of Santa Clara County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charities Housing Development Corp Of Santa Clara County 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: $1,045,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,171,071
For more financial information, click here
Official website here: www.charitieshousing.org
What is the mission statement of Charities Housing Development Corp Of Santa Clara County?
Charities Housing Development Corp of Santa Clara County is dedicated to developing, preserving, and managing high-quality affordable housing for low-income individuals and their families. Through enhanced property management and structured resident involvement, the organization strives to uphold the highest standards of human dignity and participation. The corporation focuses on creating affordable housing solutions for extremely low and moderate-income families. Their mission is to provide a living environment that prioritizes the well-being and inclusion of their residents.
Official website here: www.charitieshousing.org
Who is the CEO of Charities Housing Development Corp Of Santa Clara County?
Dan Wu is the Principal Officer of Charities Housing Development Corp Of Santa Clara County.
Official website here: www.charitieshousing.org
What is the revenue of Charities Housing Development Corp Of Santa Clara County?
Charities Housing Development Corp Of Santa Clara County's revenue in 2022 was $12,247,688.
Official website here: www.charitieshousing.org
Who are the executives of Charities Housing Development Corp Of Santa Clara County and what are their salaries?
The average compensation at Charities Housing Development Corp Of Santa Clara County during 2022 was $38,759. There are 83 employees and 10 volunteers at Charities Housing Development Corp Of Santa Clara County.
Here are 20 key members and their salaries:
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- Related: $270,000
- Other: $52,000
- Compensation: $143,684
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- Other: $35,788
- Compensation: $196,077
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- Other: $47,080
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- Compensation: $145,782
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- Other: $48,106
- Compensation: $193,228
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- Other: $40,914
- Compensation: $163,083
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- Other: $32,170
- Compensation: $147,896
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- Other: $9,122
- Compensation: $128,281
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- Other: $7,790
- Compensation: $147,815
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- Other: $9,174
- Compensation: $128,684
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- Other: $8,158
- Compensation: $125,104
- Related: $0
- Other: $12,162
Official website here: www.charitieshousing.org
Where can I find the form 990 for Charities Housing Development Corp Of Santa Clara County?
Charities Housing Development Corp Of Santa Clara County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charitieshousing.org
Learn more at the official website: www.charitieshousing.org
Mission Statement of Charities Housing Development Corp Of Santa Clara County
Charities Housing Development Corp of Santa Clara County is a dedicated organization that strives to develop, preserve, and manage high-quality affordable housing for low-income individuals and their families. By adhering to the highest standards of human dignity and participation, this nonprofit contributes significantly to the well-being of those in need.
Through its service-enhanced property management and structured resident involvement, Charities Housing Development Corp of Santa Clara County ensures that the living conditions of its residents remain safe and comfortable. By providing affordable housing options, this nonprofit enables families to focus on their personal growth and economic stability, ultimately contributing to their long-term success.
The mission of Charities Housing Development Corp of Santa Clara County is multifaceted. Its primary goal is to develop affordable housing units tailored to the needs of extremely low and moderate-income families. This nonprofit goes beyond the mere provision of housing, however. By implementing thoughtful property management practices and fostering active resident involvement, Charities Housing Development Corp of Santa Clara County creates an inclusive and supportive community where residents can thrive. This approach not only enhances the living experience for its residents but also sets a positive example for the broader housing industry.
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Impact
October, 2024
Charities Housing Development Corp Of Santa Clara County plays a crucial role in addressing the housing needs of low to moderate-income families in the San Jose area. By developing high-quality, affordable housing specifically for extremely low and moderate-income families, the organization not only increases the availability of safe and stable housing but also contributes to community well-being.
Through its mission to develop, preserve, and manage affordable housing, Charities Housing enhances the quality of life for its residents. The organization implements service-enhanced property management, which fosters a supportive living environment where residents can thrive. Additionally, it encourages structured resident involvement, empowering individuals and families to participate actively in their communities, thereby promoting a sense of dignity and belonging.
Overall, Charities Housing has a significant impact on the local community by reducing housing insecurity, improving living conditions, and fostering community engagement, ultimately uplifting the lives of those it serves.
This information is meant to be a general summary of Charities Housing Development Corp Of Santa Clara County. 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: $794,330
- Program Service Revenue: $9,624,779
- Gross Receipts: $13,243,134
Assets and Liabilities:
- Total Assets: $185,399,512
- Total Liabilities: $113,350,234
- Net Assets: $72,049,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$6,782,125
RENTAL INCOME
Revenue
$2,438,615
MANAGEMENT FEES
Revenue
$1,418,891
LOSS ON PTR INVESTMENT
Revenue
-$1,014,852
Organization Details
Founding Year
1993
Phone
(408) 550-8301Principal Officer
Dan Wu
Main Address
1400 PARKMOOR AVE 190, SAN JOSE, CA, 95126
Website
www.charitieshousing.orgNTEE Category
Code: L210 - Housing
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