Overview
What is Edna Islay Housing Corporation?
Edna Islay Housing Corporation is a nonprofit organization committed to providing affordable housing solutions for individuals in need. With 23 public housing facilities, this corporation offers a valuable service to eligible tenants, ensuring they have access to secure and affordable living spaces. The organization's primary mission revolves around the provision of low-income housing, demonstrating its dedication to addressing housing disparities within the community.
Official website here: www.haslo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Edna Islay Housing Corporation has received an overall score of 81%, reflecting a strong performance in accountability and finance. The rating is based entirely on a single beacon score, indicating the organization’s commitment to transparent financial practices and responsible governance. The high score in this category is bolstered by the organization having a fully independent board and comprehensive financial audits.
The nonprofit excels in various aspects of accountability, including having a conflict of interest policy, a whistleblower policy, and maintaining documented board meeting minutes. Additionally, the program expense ratio indicates that all of its expenditures are directed toward its mission, which is a positive sign for donors and stakeholders.
However, the organization has a low score in the liabilities to assets ratio, which stands at 69.40%. This could suggest potential financial risks or the need for more robust asset management strategies. Overall, while Edna Islay Housing Corporation demonstrates strong governance and accountability, there are areas of financial health that may warrant further attention.
This AI summary has been generated from information found on Charity Navigator.
Is Edna Islay Housing Corporation legitimate?
Edna Islay Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edna Islay 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:
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For more financial information, click here
Official website here: www.haslo.org
What is the mission statement of Edna Islay Housing Corporation?
Edna Islay Housing Corporation is committed to providing affordable housing solutions for eligible tenants. Through its public housing facilities, the organization offers 23 units to individuals in need. The core mission of Edna Islay Housing Corporation is centered around assisting those with low income, ensuring they have access to decent and affordable housing. This non-profit organization strives to make a positive impact on the lives of its residents by offering a secure and comfortable living environment. By providing affordable housing, Edna Islay Housing Corporation aims to contribute to the well-being and stability of its tenant community.
Official website here: www.haslo.org
Who is the CEO of Edna Islay Housing Corporation?
Ken Litzinger is the Director of Edna Islay Housing Corporation.
Official website here: www.haslo.org
What is the revenue of Edna Islay Housing Corporation?
Edna Islay Housing Corporation's revenue in 2022 was $647,559.
Official website here: www.haslo.org
Who are the executives of Edna Islay Housing Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.haslo.org
Where can I find the form 990 for Edna Islay Housing Corporation?
Edna Islay Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.haslo.org
Learn more at the official website: www.haslo.org
Mission Statement of Edna Islay Housing Corporation
Edna Islay Housing Corporation is dedicated to providing affordable housing solutions for individuals in need. As a nonprofit organization, its mission is to offer 23 public housing units to eligible tenants, ensuring that low-income individuals have access to suitable living accommodations. The corporation's primary focus is on facilitating affordable housing, making a significant contribution to the community by addressing the housing needs of its residents.
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Impact
July, 2024
Edna Islay Housing Corporation's impact is evident in its provision of low-income housing to eligible tenants through its public housing facilities. The organization plays a crucial role in offering affordable housing solutions in San Luis Obispo, California, with a total of 23 units available for those in need of assistance. This initiative helps address the housing needs of individuals and families facing financial challenges, ensuring they have a safe and stable place to call home. By providing affordable housing options, Edna Islay Housing Corporation positively impacts the community by promoting stability, security, and overall well-being among low-income residents.
This information is meant to be a general summary of Edna Islay 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 2022.
- Investment Income: $1,598
- Program Service Revenue: $645,961
- Gross Receipts: $647,559
Assets and Liabilities:
- Total Assets: $3,995,644
- Total Liabilities: $2,773,367
- Net Assets: $1,222,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$645,961
Organization Details
Founding Year
1988
Phone
(805) 543-4478Principal Officer
Ken Litzinger
Main Address
487 LEFF STREET, SAN LUIS OBISPO, CA, 93401
Website
www.haslo.orgNTEE Category
Code: L20Z - Housing
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