Overview
What is Paula Apartments Inc?
Paula Apartments Inc is a nonprofit organization situated in San Jose, California. Their primary mission is to provide affordable housing for low-income households, ensuring that approximately 67 individuals in Santa Clara County benefit from their services annually. They own, manage, and maintain these properties, striving to uphold quality standards. Their work aligns with First Community Housing, a California public benefit corporation, as per the Internal Revenue Code Section 509(A)(3).
Official website here: www.firsthousing.org
Is Paula Apartments Inc legitimate?
Paula Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paula Apartments 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: $49,352
For more financial information, click here
Official website here: www.firsthousing.org
What is the mission statement of Paula Apartments Inc?
Paula Apartments Inc's mission is centered around providing quality, affordable housing for low-income households. The organization operates with the primary goal of supporting First Community Housing, a California public benefit corporation, in accordance with Internal Revenue Code Section 509(A)(3). By owning, maintaining, and managing affordable housing units, Paula Apartments Inc serves the needs of approximately 20 low-income families, benefiting a total of 67 individuals annually.
Official website here: www.firsthousing.org
Who is the CEO of Paula Apartments Inc?
Richard Conniff is the Chairman Of The Bod of Paula Apartments Inc. The CEO's salary of Paula Apartments Inc is $0 and their total compensation is $350,295.
Official website here: www.firsthousing.org
What is the revenue of Paula Apartments Inc?
Paula Apartments Inc's revenue in 2022 was $429,585.
Official website here: www.firsthousing.org
Who are the executives of Paula Apartments Inc and what are their salaries?
There 13 volunteers at Paula Apartments Inc.
Here are 15 key members and their salaries (Paula Apartments Inc's CEO's salary is $0 and their total compensation is $350,295):
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- Related: $308,570
- Other: $41,725
- Compensation: $0
- Related: $181,043
- Other: $51,999
Official website here: www.firsthousing.org
Where can I find the form 990 for Paula Apartments Inc?
Paula Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.firsthousing.org
Learn more at the official website: www.firsthousing.org
Mission Statement of Paula Apartments Inc
Paula Apartments Inc, a nonprofit organization, is dedicated to owning, operating, and providing high-quality, affordable housing for low-income households. This mission is not just a goal in itself but serves to support First Community Housing, a California public benefit corporation, in accordance with Internal Revenue Code Section 509(A)(3). The organization successfully manages and maintains good-quality housing for around 20 low-income households, providing shelter and a sense of home to approximately 67 individuals annually. By fulfilling this mission, Paula Apartments Inc contributes to the broader objective of making housing accessible and affordable for those who might otherwise struggle to secure a decent living space.
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Impact
October, 2024
Paula Apartments Inc makes a significant impact by providing quality, affordable housing for low and moderate-income households in San Jose, California. By owning, maintaining, and managing good quality housing, the organization serves approximately 67 individuals annually, ensuring that 20 low-income families have a stable and safe place to call home. This commitment to affordable housing not only supports the residents but also contributes to the overall well-being of the community in Santa Clara County, fostering a sense of security and belonging among those it serves. The organization's efforts facilitate access to essential resources and create opportunities for personal and social development, thereby enhancing the quality of life for disadvantaged populations in the region.
This information is meant to be a general summary of Paula Apartments 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: $97
- Program Service Revenue: $428,951
- Gross Receipts: $429,585
Assets and Liabilities:
- Total Assets: $2,409,189
- Total Liabilities: $2,661,407
- Net Assets: -$252,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT-AFFORDABLE HOUSIN
Revenue
$424,468
TENANT SERVICES INCOME
Revenue
$4,483
Organization Details
Founding Year
1998
Phone
(408) 291-8650Principal Officer
Richard Conniff
Main Address
75 EAST SANTA CLARA STREET 1300, SAN JOSE, CA, 95113
Website
www.firsthousing.orgNTEE Category
Code: L20 - Housing
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