Overview
What is Alta Housing (Fka Palo Alto Housing Corporation)?
Alta Housing, formerly known as Palo Alto Housing Corporation, is a nonprofit organization situated in Palo Alto, California. Their primary mission is to foster, develop, acquire, rehabilitate, manage, and operate low- and moderate-income housing within the area. This includes the activities of PAHC Housing Services LLC, a limited liability company serving as a consulting entity for the benefit of low-income housing individuals. The organization's work is centered around Palo Alto, CA, aiming to provide affordable housing solutions for local residents.
Official website here: www.altahousing.org
Is Alta Housing (Fka Palo Alto Housing Corporation) legitimate?
Alta Housing (Fka Palo Alto Housing Corporation) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alta Housing (Fka Palo Alto Housing Corporation) 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: $2,020,725
For more financial information, click here
Official website here: www.altahousing.org
What is the mission statement of Alta Housing (Fka Palo Alto Housing Corporation)?
Alta Housing, formerly known as Palo Alto Housing Corporation, is committed to supporting the development, acquisition, rehabilitation, and operation of affordable housing options. This includes the management of low and moderate-income housing units for individuals and families. Their activities also extend to providing consulting services through PAHC Housing Services LLC, a disregarded entity, which benefits low-income housing residents. In essence, Alta Housing strives to make affordable housing accessible to those in need.
Official website here: www.altahousing.org
Who is the CEO of Alta Housing (Fka Palo Alto Housing Corporation)?
Randal Tsuda is the CEO of Alta Housing (Fka Palo Alto Housing Corporation) The CEO's salary of Alta Housing (Fka Palo Alto Housing Corporation) is $0 and their total compensation is $354,026.
Official website here: www.altahousing.org
What is the revenue of Alta Housing (Fka Palo Alto Housing Corporation)?
Alta Housing (Fka Palo Alto Housing Corporation)'s revenue in 2023 was $7,194,680.
Official website here: www.altahousing.org
Who are the executives of Alta Housing (Fka Palo Alto Housing Corporation) and what are their salaries?
There 16 volunteers at Alta Housing (Fka Palo Alto Housing Corporation).
Here are 20 key members and their salaries (Alta Housing (Fka Palo Alto Housing Corporation)'s CEO's salary is $0 and their total compensation is $354,026):
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- Related: $288,288
- Other: $65,738
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- Related: $204,463
- Other: $46,814
- Compensation: $0
- Related: $223,238
- Other: $14,938
- Compensation: $0
- Related: $120,380
- Other: $28,469
Official website here: www.altahousing.org
Where can I find the form 990 for Alta Housing (Fka Palo Alto Housing Corporation)?
Alta Housing (Fka Palo Alto Housing Corporation)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.altahousing.org
Learn more at the official website: www.altahousing.org
Mission Statement of Alta Housing (Fka Palo Alto Housing Corporation)
Alta Housing, formerly known as Palo Alto Housing Corporation, is committed to fostering, developing, acquiring, rehabilitating, managing, and operating low and moderate-income housing. This mission extends beyond Alta Housing itself, encompassing the activities of PAHC Housing Services LLC, a disregarded entity that provides consulting services for the benefit of low-income housing individuals. In essence, Alta Housing works towards providing suitable housing solutions for individuals and families who fall within the low and moderate-income brackets.
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Impact
October, 2024
Alta Housing significantly impacts the community by addressing the critical need for affordable housing in Palo Alto, CA. By fostering, developing, acquiring, rehabilitating, managing, and operating low- and moderate-income housing, they ensure that individuals and families in the area have access to secure and stable living conditions. This not only helps to alleviate homelessness and housing insecurity but also promotes diversity and inclusivity within the community.
Additionally, through their services, including consulting for low-income housing individuals, Alta Housing enhances the overall quality of life for those they serve, fostering a sense of belonging and community cohesion. Their efforts contribute to a healthier, more vibrant Palo Alto, enabling residents to thrive despite the area's high cost of living.
This information is meant to be a general summary of Alta Housing (Fka Palo Alto Housing Corporation). 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: $816,082
- Program Service Revenue: $2,042,258
- Gross Receipts: $7,194,680
Assets and Liabilities:
- Total Assets: $58,235,741
- Total Liabilities: $16,417,736
- Net Assets: $41,818,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,004,835
DEVELOPER FEES
Revenue
$565,397
CONSULTING FEES
Revenue
$292,437
OTHER INCOME
Revenue
$156,604
MANAGEMENT FEES
Revenue
$25,000
Organization Details
Founding Year
2004
Principal Officer
Randal Tsuda
Website
www.altahousing.orgNTEE Category
Code: L20 - Housing
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