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La Fe Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800811563 ✦ El paso, TX ✦ Designated as a 501(c)(3)

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Overview

What is La Fe Community Development Corporation?

La Fe Community Development Corporation, located in El Paso, Texas, is a nonprofit organization dedicated to serving the local community. Their primary mission is to offer affordable housing options for individuals with low income, ensuring that everyone has a place to call home. The corporation's activities and mission revolve around this central goal, making a significant impact on the El Paso community.

Is La Fe Community Development Corporation legitimate?

La Fe Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Fe Community Development 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: $0

For more financial information, click here

What is the mission statement of La Fe Community Development Corporation?

The La Fe Community Development Corporation is dedicated to serving its community by providing affordable housing options for low-income individuals. Their mission is to contribute to the well-being of this group, ensuring they have access to suitable living spaces. By offering such housing solutions, the corporation aims to enhance the living standards of those in need, thereby contributing positively to the community as a whole. The corporation's activities are centered around this mission, providing a vital service to those who require it.

Who is the CEO of La Fe Community Development Corporation?

Lucy Rodarte is the Chairman/President of La Fe Community Development Corporation.

What is the revenue of La Fe Community Development Corporation?

La Fe Community Development Corporation's revenue in 2022 was $10,300.

Who are the executives of La Fe Community Development Corporation and what are their salaries?

There 3 volunteers at La Fe Community Development Corporation.


Here are 3 key members and their salaries:


Salvador Balcorta (Chairman/President)
  • Compensation: $0
  • Related: $226,622
  • Other: $16,629
Robert Gonzales (Vice President/Secretary)
  • Compensation: $0
  • Related: $134,662
  • Other: $22,983
Lucy M Rodarte (Treasurer)
  • Compensation: $0
  • Related: $125,187
  • Other: $12,874
Where can I find the form 990 for La Fe Community Development Corporation?

La Fe Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of La Fe Community Development Corporation

La Fe Community Development Corporation, a nonprofit organization, is committed to providing low-income housing solutions within the community of El Paso, Texas. This mission is at the heart of their operations, aiming to make a significant impact in addressing housing needs for individuals who may be financially disadvantaged. By offering affordable housing options, La Fe Community Development Corporation contributes to the well-being and stability of the community, allowing its residents to focus on other essential aspects of their lives. The organization's dedication to this mission demonstrates its commitment to social equity and ensuring that everyone has access to a decent place to live.

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Impact




August, 2024

La Fe Community Development Corporation's impact is significant in providing low-income housing to the community of El Paso, Texas. Through its efforts, La Fe CDC addresses the pressing need for affordable housing, ensuring that individuals and families have access to safe and stable homes. This can help improve the overall well-being and quality of life for residents in El Paso who may face housing insecurity. By offering essential human services in the form of affordable housing, La Fe CDC plays a vital role in supporting the community and promoting economic stability.




This information is meant to be a general summary of La Fe Community Development 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.

Revenue
$10,300 (2022)
Expenses
$14,939 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $10,300
  • Gross Receipts: $10,300

Assets and Liabilities:

  • Total Assets: $748,140
  • Total Liabilities: $478,070
  • Net Assets: $270,070

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$10,300

Organization Details

Principal Officer

Lucy Rodarte

Main Address

1314 E YANDELL, EL PASO, TX, 79902

NTEE Category

Code: P80 - Human services

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