Overview
What is Community Services Agency For Elderly Housing?
Community Services Agency for Elderly Housing is a nonprofit corporation established in Texas on June 22, 2003. The primary purpose of this organization is to develop and manage an affordable housing complex of 13 units in Carrizo Springs, Texas. Regulated by the U.S. Department of Housing and Urban Development (HUD), the project operates under the provisions of Section 202 of the National Affordable Housing Act. Its major program consists of a Section 202 Capital Advance and Project Rental Assistance, which requires the utilization of the project for a minimum of 40 years. Housing assistance payments are made to eligible families under a rental assistance contract with HUD, ensuring affordable housing options for the community.
Is Community Services Agency For Elderly Housing legitimate?
Community Services Agency For Elderly Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Services Agency For Elderly Housing 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:
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Other Salaries and Wages: $31,504
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What is the mission statement of Community Services Agency For Elderly Housing?
The Community Services Agency for Elderly Housing, established under Texas law in 2003, is dedicated to developing and operating an affordable housing complex consisting of 13 units. Operating under Section 202 of the National Affordable Housing Act, the agency is regulated by the U.S. Department of Housing and Urban Development (HUD). The agency's primary program is its Section 202 Capital Advance and Project Rental Assistance, which requires the utilization of the project for a minimum of 40 years. A Capital Advance Agreement has been executed with HUD, and the agency has entered into a Rental Assistance Contract with HUD under Section 202. Through this agreement, housing assistance payments are made on behalf of eligible families.
In simpler terms, the Community Services Agency for Elderly Housing aims to provide affordable housing and rental assistance to eligible families, following the guidelines set by the National Affordable Housing Act and regulated by HUD. The agency's mission involves operating a 13-unit complex and ensuring the continuous provision of housing assistance payments for the duration of 40 years, as stipulated in its contracts with HUD.
Who is the CEO of Community Services Agency For Elderly Housing?
David Ojeda is the Director of Community Services Agency For Elderly Housing.
What is the revenue of Community Services Agency For Elderly Housing?
Community Services Agency For Elderly Housing's revenue in 2022 was $219,368.
Who are the executives of Community Services Agency For Elderly Housing and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Community Services Agency For Elderly Housing?
Community Services Agency For Elderly Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Services Agency For Elderly Housing
The Community Services Agency For Elderly Housing, established under the laws of Texas in 2003, is a nonprofit corporation with a mission to develop and operate an apartment complex consisting of 13 units. The organization operates under the provisions of Section 202 of the National Affordable Housing Act, regulated by the U.S. Department of Housing and Urban Development (HUD), with regard to rental charges and operating methods. The primary program of this organization is its Section 202 Capital Advance and Project Rental Assistance. The agency has entered into a Capital Advance Agreement and a Rental Assistance Contract with HUD, committing to utilize the project for a minimum of 40 years. Under these agreements, housing assistance payments are made on behalf of eligible families to ensure that affordable housing is available to those in need.
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Impact
October, 2024
Community Services Agency For Elderly Housing has made a significant impact in Carrizo Springs, Texas, by developing and operating an apartment complex specifically designed for seniors. With 13 units available, the agency addresses the pressing need for affordable housing among the elderly population.
By operating under Section 202 of the National Affordable Housing Act, the agency ensures that rental charges and operating methods are not only regulated but also designed to provide accessibility to low-income elderly families. This structured approach facilitates stable housing solutions, allowing seniors to maintain an independent lifestyle while receiving the necessary support.
Furthermore, the agency's partnership with the U.S. Department of Housing and Urban Development (HUD) through a Capital Advance Agreement and a Rental Assistance Contract underscores its commitment to affordability. Housing assistance payments made on behalf of eligible families enable residents to live in safe and dignified environments, reducing the financial burden often associated with housing.
This initiative not only enhances the living conditions of seniors but also fosters a sense of community, allowing residents to connect with one another and engage in supportive social networks. Overall, the efforts of Community Services Agency For Elderly Housing contribute to improving the quality of life for elderly individuals in the region, promoting both stability and dignity in their later years.
This information is meant to be a general summary of Community Services Agency For Elderly Housing. 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: $55
- Program Service Revenue: $219,313
- Gross Receipts: $219,368
Assets and Liabilities:
- Total Assets: $906,247
- Total Liabilities: $1,071,666
- Net Assets: -$165,419
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEBT FORGIVENESS
Revenue
$134,556
RENTAL REVENUE
Revenue
$84,757
Organization Details
Founding Year
2003
Phone
(210) 531-0577Principal Officer
David Ojeda
Main Address
PO BOX 10278, SAN ANTONIO, TX, 78210
NTEE Category
Code: L21 - Housing
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