Overview
What is Norman And Deirdre Cram Teacher Rental Foundation?
The Norman and Deirdre Cram Teacher Rental Foundation is a nonprofit organization situated in Sonoma, California. The primary mission of this foundation is to offer subsidized and affordable housing to teachers working within the Sonoma Valley Unified School District. They have acquired two single-family homes, which are then rented out to the teachers at rates lower than the market value. This initiative aims to support the teaching community by alleviating housing-related financial burdens, thereby contributing to the overall well-being of the educators and the local educational system.
Is Norman And Deirdre Cram Teacher Rental Foundation legitimate?
Norman And Deirdre Cram Teacher Rental Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norman And Deirdre Cram Teacher Rental Foundation 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
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What is the mission statement of Norman And Deirdre Cram Teacher Rental Foundation?
The Norman And Deirdre Cram Teacher Rental Foundation's mission is centered around providing an essential service. Specifically, they aim to offer subsidized, affordable housing options for teachers within a particular educational district. This initiative is designed to alleviate housing affordability challenges faced by educators, thereby supporting the teaching community and, by extension, the educational system as a whole. The foundation receives properties from the local school district at reduced rates, which they then rent out to teachers at below-market prices. This strategy allows teachers to focus on their primary role of educating students, without the added stress of high housing costs.
Who is the CEO of Norman And Deirdre Cram Teacher Rental Foundation?
Norman Cram is the President of Norman And Deirdre Cram Teacher Rental Foundation.
What is the revenue of Norman And Deirdre Cram Teacher Rental Foundation?
Norman And Deirdre Cram Teacher Rental Foundation's revenue in 2022 was $2,600,600.
Who are the executives of Norman And Deirdre Cram Teacher Rental Foundation and what are their salaries?
There 3 volunteers at Norman And Deirdre Cram Teacher Rental Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Norman And Deirdre Cram Teacher Rental Foundation?
Norman And Deirdre Cram Teacher Rental Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Norman And Deirdre Cram Teacher Rental Foundation
The Norman And Deirdre Cram Teacher Rental Foundation is committed to a noble cause: providing subsidized, affordable housing for educators within the Sonoma Valley Unified School District. This mission is carried out by acquiring single-family homes and renting them out to teachers at rates lower than the market average. By doing so, the foundation aims to alleviate the financial burden often faced by teachers, enabling them to focus on their primary role as educators. This initiative not only benefits the teachers directly but also contributes to the overall well-being of the educational community, as well-supported teachers can deliver quality education more effectively.
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Impact
July, 2024
The Norman and Deirdre Cram Teacher Rental Foundation positively impacts the Sonoma Valley Unified School District by providing subsidized affordable housing for teachers. This initiative helps address the housing challenges faced by teachers, allowing them to focus on their work without the burden of high housing costs. By offering below-market rates on rental properties, the foundation contributes to the stability and retention of teachers in the district, ultimately benefiting the educational experience of students.
This information is meant to be a general summary of Norman And Deirdre Cram Teacher Rental Foundation. 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.
- Gross Receipts: $2,600,600
Assets and Liabilities:
- Total Assets: $2,600,600
- Total Liabilities: $0
- Net Assets: $2,600,600
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Organization Details
Founding Year
2022
Phone
(707) 287-5934Principal Officer
Norman Cram
Main Address
19562 Admiral Cooke Lane, Sonoma, CA, 954764861
NTEE Category
Code: B01 - Education
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