Overview
What is New Horizons Affordable Housing & Development Inc?
New Horizons Affordable Housing & Development Inc, located in Capitola, California, is a nonprofit organization with a mission to provide affordable housing for individuals and families of low income. They engage in various activities, such as acquiring, developing, financing, rehabilitating, owning, and operating decent, safe, and sanitary housing units that are affordable to their target demographic. By doing so, they contribute to the community by addressing the essential need for affordable housing.
Official website here: www.hacosantacruz.org
Is New Horizons Affordable Housing & Development Inc legitimate?
New Horizons Affordable Housing & Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizons Affordable Housing & Development 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hacosantacruz.org
What is the mission statement of New Horizons Affordable Housing & Development Inc?
New Horizons Affordable Housing & Development Inc is committed to obtaining, supplying, constructing, financing, renovating, owning, and managing decent, secure, and hygienic housing that is affordable for individuals and families of low income. Their primary mission is to provide affordable housing, ensuring that those in need have access to safe and sanitary living spaces. The organization is actively involved in the acquisition, development, finance, rehabilitation, and operation of such housing units, aiming to make a tangible difference in the lives of those who are economically disadvantaged.
Official website here: www.hacosantacruz.org
Who is the CEO of New Horizons Affordable Housing & Development Inc?
Aaron Pomeroy is the Executive Director of New Horizons Affordable Housing & Development Inc.
Official website here: www.hacosantacruz.org
What is the revenue of New Horizons Affordable Housing & Development Inc?
New Horizons Affordable Housing & Development Inc's revenue in 2023 was $8,304,261.
Official website here: www.hacosantacruz.org
Who are the executives of New Horizons Affordable Housing & Development Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.hacosantacruz.org
Where can I find the form 990 for New Horizons Affordable Housing & Development Inc?
New Horizons Affordable Housing & Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hacosantacruz.org
Learn more at the official website: www.hacosantacruz.org
Mission Statement of New Horizons Affordable Housing & Development Inc
New Horizons Affordable Housing & Development Inc is committed to a mission that involves acquiring, providing, developing, financing, rehabilitating, owning, and operating decent, safe, and sanitary housing. This organization targets individuals and households of low income, ensuring they have access to affordable living spaces. By undertaking these activities, New Horizons Affordable Housing & Development Inc strives to make a significant impact on the lives of those in need, providing them with a secure and sanitary living environment. The ultimate goal is to contribute to the betterment of society by ensuring everyone, regardless of their income level, has access to decent housing.
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Impact
October, 2024
New Horizons Affordable Housing & Development Inc significantly impacts its community by addressing the critical need for affordable housing for low-income individuals and families. By acquiring, providing, developing, financing, rehabilitating, owning, and operating decent, safe, and sanitary housing, the organization helps to alleviate homelessness and housing instability.
In a city like Capitola, where affordable housing options may be limited, New Horizons plays a vital role in ensuring that everyone has access to safe living environments. This not only improves the quality of life for residents but also contributes to community stability and economic growth. By providing affordable housing, the organization fosters a sense of belonging and security, allowing residents to invest in their futures and contribute positively to their neighborhoods.
Overall, New Horizons Affordable Housing & Development Inc is a crucial player in creating and maintaining affordable housing solutions, ultimately enriching the lives of low-income households and strengthening the community as a whole.
This information is meant to be a general summary of New Horizons Affordable Housing & Development 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 2023.
- Investment Income: $31,659
- Program Service Revenue: $8,272,602
- Gross Receipts: $8,304,261
Assets and Liabilities:
- Total Assets: $22,256,941
- Total Liabilities: $1,157,845
- Net Assets: $21,099,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL INCOME
Revenue
$8,119,186
OTHER TENANT INCOME
Revenue
$153,416
Organization Details
Founding Year
2019
Phone
(831) 454-5908Principal Officer
Aaron Pomeroy
Main Address
2160 41ST AVENUE, CAPITOLA, CA, 95010
Website
www.hacosantacruz.orgNTEE Category
Code: L21 - Housing
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