Overview
What is Habibi Terrace Inc?
Habibi Terrace Inc, located in Los Angeles, California, is a nonprofit organization dedicated to providing affordable housing for elderly individuals and those with disabilities. Their mission is to cater to the unique physical, social, and psychological needs of these residents by offering specially designed housing facilities. With a small team of two dedicated employees, Habibi Terrace Inc strives to ensure that their residents live in an accommodating and supportive environment, promoting their overall well-being.
Is Habibi Terrace Inc legitimate?
Habibi Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habibi Terrace 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: $32,730
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What is the mission statement of Habibi Terrace Inc?
Habibi Terrace Inc's mission is centered around providing specialized housing facilities for individuals who are elderly or have disabilities. The primary goal is to cater to their physical, social, and psychological needs. By offering low-cost housing, the organization aims to create an environment that caters to the unique needs of these individuals, fostering their overall well-being and quality of life.
What is the revenue of Habibi Terrace Inc?
Habibi Terrace Inc's revenue in 2023 was $562,553.
Who are the executives of Habibi Terrace Inc and what are their salaries?
The average compensation at Habibi Terrace Inc during 2023 was $16,365. There are 2 employees and 7 volunteers at Habibi Terrace Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Habibi Terrace Inc?
Habibi Terrace Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Habibi Terrace Inc
Habibi Terrace Inc is dedicated to providing housing facilities tailored to the unique needs of elderly individuals and those with disabilities. Their mission is to create an environment that caters to the physical, social, and psychological requirements of these groups. By offering low-cost housing, Habibi Terrace Inc aims to serve as a supportive home where these individuals can live with dignity and comfort. The organization strives to create a sense of community among its residents, ensuring they have access to the care and resources they need to lead fulfilling lives.
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Impact
October, 2024
Habibi Terrace Inc significantly enhances the quality of life for handicapped and elderly individuals in Los Angeles by providing specially designed housing facilities that cater to their unique physical, social, and psychological needs. By focusing on low-cost housing solutions, this organization ensures that vulnerable populations have access to safe and supportive living environments.
The impact extends beyond just housing; it fosters a sense of community and belonging for residents. By addressing critical needs and promoting independence, Habibi Terrace Inc empowers individuals to thrive despite their challenges. This commitment to creating accessible living spaces not only improves individual well-being but also contributes to a more inclusive society, where everyone can enjoy the dignity and comfort of a home tailored to their needs.
This information is meant to be a general summary of Habibi Terrace 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: $16,513
- Program Service Revenue: $327,977
- Gross Receipts: $562,553
Assets and Liabilities:
- Total Assets: $7,039,617
- Total Liabilities: $14,489,125
- Net Assets: -$7,449,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$327,977
Organization Details
Founding Year
2001
Principal Officer
Ana Ponce
NTEE Category
Code: P75 - Human services
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