Overview
What is Cc Housing Inc?
Cc Housing Inc, based in Albuquerque, New Mexico, is a dedicated nonprofit organization with a mission to provide affordable housing for families and individuals with low incomes and special needs. Their primary focus is on ensuring that these individuals have access to safe and affordable living spaces, contributing positively to their overall well-being. The organization operates with a clear mission statement, reiterating its commitment to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Cc Housing Inc has received a solid Three-Star rating, reflecting a strong focus on accountability and finance. The organization has demonstrated commendable governance, with a fully independent board and effective policies in place, resulting in perfect scores for board composition, conflict of interest policy, and whistleblower policy. These factors contribute positively to its overall score, showcasing a commitment to ethical standards.
However, the financial aspect indicates some limitations, particularly with a liabilities to assets ratio of 72.20%, resulting in a score of 0 out of 15 points for that category. While the program expense ratio stands at a healthy 67.68%, the high liabilities suggest potential financial risks that might affect its sustainability and program delivery in the long run.
Overall, while Cc Housing Inc exhibits strong governance and accountability, it may need to address its financial liabilities to enhance its operational strength and ensure long-term impact within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Cc Housing Inc legitimate?
Cc Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cc Housing 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: $0
For more financial information, click here
What is the mission statement of Cc Housing Inc?
Cc Housing Inc's mission is centered around providing affordable housing solutions. This organization focuses on serving low-income families and individuals with special needs, ensuring that they have access to suitable living spaces. By doing so, Cc Housing Inc aims to contribute positively to their living circumstances and improve their quality of life. The organization's primary activity revolves around providing affordable housing, which is a vital necessity for many individuals and families who may struggle financially.
Who is the CEO of Cc Housing Inc?
Dolores Nunez is the President of Cc Housing Inc.
What is the revenue of Cc Housing Inc?
Cc Housing Inc's revenue in 2022 was $810,458.
Who are the executives of Cc Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $40,528
- Other: $1,154
- Compensation: $0
- Related: $150,917
- Other: $9,045
- Compensation: $0
- Related: $61,175
- Other: $16,482
- Compensation: $0
- Related: $78,576
- Other: $10,180
Where can I find the form 990 for Cc Housing Inc?
Cc Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cc Housing Inc
Cc Housing Inc, as a nonprofit organization, is committed to providing affordable housing solutions for low-income families and individuals with special needs. Their mission is centered around ensuring that everyone has access to a safe and comfortable living space, regardless of their financial situation or unique requirements. By offering affordable housing, Cc Housing Inc aims to contribute to the well-being and stability of the communities it serves, providing a solid foundation for its residents to build their lives upon. The organization's dedication to this cause is evident in its mission statement, which underscores its commitment to making a difference in the lives of those who are often overlooked or underserved in the housing market.
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Impact
July, 2024
Cc Housing Inc makes a significant impact by providing affordable housing for low-income and special needs families and individuals in Albuquerque, NM. Their mission is to ensure that these vulnerable populations have access to safe and stable housing, thereby improving their quality of life and contributing to the overall well-being of the community. Cc Housing Inc's efforts address a critical need for affordable housing options, helping to reduce homelessness and increase housing security for those in need.
This information is meant to be a general summary of Cc Housing 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: -$33,319
- Program Service Revenue: $837,846
- Gross Receipts: $4,593,793
Assets and Liabilities:
- Total Assets: $5,810,724
- Total Liabilities: $4,380,957
- Net Assets: $1,429,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$644,174
LOW INCOME HOUSING
Revenue
$193,672
Organization Details
Founding Year
2016
Phone
(505) 724-4670Principal Officer
Dolores Nunez
Main Address
2010 BRIDGE BLVD SW SUITE B, ALBUQUERQUE, NM, 87105
NTEE Category
Code: L20 - Housing
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