Housing And Economic Rural Opportunity

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

EIN: 850356121 ✦ Las cruces, NM ✦ Designated as a 501(c)(3)

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Overview

What is Housing And Economic Rural Opportunity?

Housing And Economic Rural Opportunity is a nonprofit organization that focuses on addressing housing needs in rural areas. Their primary mission is to develop and offer affordable housing solutions for low-income families who struggle to afford housing. Through their programs, they work diligently to ensure that these families have access to suitable living spaces, thereby contributing to their overall well-being.

Is Housing And Economic Rural Opportunity legitimate?

Housing And Economic Rural Opportunity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing And Economic Rural Opportunity 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 Housing And Economic Rural Opportunity?

Housing and Economic Rural Opportunity's mission is centered around developing and providing affordable housing solutions for low-income families. This non-profit organization works towards this goal through various programs, with the primary objective of making housing accessible for those who may not be able to afford it on their own. The organization's activities primarily focus on the development of housing lots, ensuring that they are made available at affordable prices for those in need.

Who is the CEO of Housing And Economic Rural Opportunity?

Raul Granados is the President of Housing And Economic Rural Opportunity.

What is the revenue of Housing And Economic Rural Opportunity?

Housing And Economic Rural Opportunity's revenue in 2022 was $0.

Who are the executives of Housing And Economic Rural Opportunity and what are their salaries?

There 3 volunteers at Housing And Economic Rural Opportunity.


Here are 3 key members and their salaries:


Raul Granados (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Pando (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Vigil (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Housing And Economic Rural Opportunity?

Housing And Economic Rural Opportunity's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Housing And Economic Rural Opportunity

Housing And Economic Rural Opportunity, abbreviated as HERO, is dedicated to a noble mission. This nonprofit organization focuses on developing lots and providing affordable housing solutions for low-income families. By undertaking such initiatives, HERO aims to bridge the gap in housing accessibility for those who are financially disadvantaged. The organization's primary objective is to ensure that everyone, regardless of their income level, has a roof over their heads. Through its programs, HERO strives to create an equitable living environment, ensuring that no family is left behind due to housing affordability issues.

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Impact




October, 2024

Housing And Economic Rural Opportunity creates significant positive change by developing lots and providing affordable housing for low-income families. By focusing on this underserved demographic, the organization addresses critical housing shortages and enhances the quality of life for those who struggle to afford safe and stable living conditions. In Las Cruces, NM, their efforts pave the way for increased community stability, allowing families to thrive.

Access to affordable housing not only helps reduce financial stress for low-income families but also contributes to local economic development. By providing secure and affordable living options, these initiatives foster a sense of community, encourage family stability, and promote overall economic growth in the region. Through targeted programs, Housing And Economic Rural Opportunity directly impacts the well-being of families, helping to break the cycle of poverty and build a brighter future for the community.




This information is meant to be a general summary of Housing And Economic Rural Opportunity. 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
$0 (2022)
Expenses
$59,274 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $1,450,519
    • Total Liabilities: $261,566
    • Net Assets: $1,188,953

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    Organization Details

    Founding Year

    1987

    Principal Officer

    Raul Granados

    Main Address

    210 EAST IDAHO, LAS CRUCES, NM, 88005

    NTEE Category

    Code: L20 - Housing

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