Overview
What is San Luis Obispo Non-Profit Housing?
San Luis Obispo Non-Profit Housing is a compassionate organization based in San Luis Obispo, California. With a single employee dedicated to its mission, this nonprofit primarily focuses on providing low-income housing for eligible tenants. Established to engage in the acquisition, development, rehabilitation, ownership, and management of affordable housing, their goal is to serve the cities and unincorporated areas of San Luis Obispo County. By offering affordable housing options, this nonprofit contributes significantly to the community, ensuring that low and moderate-income individuals have access to suitable living environments.
Official website here: www.haslo.org
What are the reviews and ratings of this charity?
San Luis Obispo Non-Profit Housing has received an 81% score from Charity Navigator, earning it a Three-Star out of Four Star rating. This suggests that while the organization meets or exceeds industry standards and performs well in key areas compared to other charities, there might be room for improvement. The score completely derives from the Accountability & Finance beacon, indicating a strong focus on maintaining financial propriety and governance.
The organization excels in having a fully independent board and maintaining all required policies, such as conflict of interest and whistleblower policies. It also performs well in fiscal responsibility, with a favorable liabilities to assets ratio and a perfect program expense ratio of 100%, reflecting that all expenses are directed towards its mission. Despite these strengths, the absence of available financial statements and the failure to post tax forms online are potential areas for improvement.
Other evaluation metrics like Impact & Measurement, Culture & Community, and Leadership & Adaptability are not currently scored due to lack of data. This limits the ability to assess the organization's efficacy and community engagement beyond financial aspects. There are no user reviews on GreatNonprofits to provide additional context on the nonprofit’s impact and stakeholder satisfaction.
This AI summary has been generated from information found on Charity Navigator.
Is San Luis Obispo Non-Profit Housing legitimate?
San Luis Obispo Non-Profit Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Luis Obispo Non-Profit Housing 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: $182,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.haslo.org
What is the mission statement of San Luis Obispo Non-Profit Housing?
San Luis Obispo Non-Profit Housing was established with the primary objective of acquiring, developing, rehabilitating, owning, and managing affordable housing for individuals with low and moderate income levels. The organization's mission is centered around providing affordable housing options in various cities and unincorporated areas. It operates with the aim of making housing accessible to those who require it most. The corporation takes on the responsibility of managing these properties, ensuring they are well-maintained and meet the needs of their eligible tenants.
Official website here: www.haslo.org
Who is the CEO of San Luis Obispo Non-Profit Housing?
Ken Litzinger is the Cfo of San Luis Obispo Non-Profit Housing.
Official website here: www.haslo.org
What is the revenue of San Luis Obispo Non-Profit Housing?
San Luis Obispo Non-Profit Housing's revenue in 2022 was $11,795,048.
Official website here: www.haslo.org
Who are the executives of San Luis Obispo Non-Profit Housing and what are their salaries?
The average compensation at San Luis Obispo Non-Profit Housing during 2022 was $182,379. There is 1 employee at San Luis Obispo Non-Profit Housing.
Here are 8 key members and their salaries:
- Compensation: $182,379
- Related: $0
- Other: $40,796
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.haslo.org
Where can I find the form 990 for San Luis Obispo Non-Profit Housing?
San Luis Obispo Non-Profit Housing'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 San Luis Obispo Non-Profit Housing
San Luis Obispo Non-Profit Housing, established with a primary focus, is dedicated to acquiring, developing, rehabilitating, owning, and managing affordable housing options for low and moderate-income individuals residing in cities and unincorporated areas within San Luis Obispo County. The organization's mission is twofold: firstly, to provide a secure living environment for eligible tenants, ensuring they have access to affordable housing; and secondly, to actively engage in the management of these properties to maintain their quality and affordability. By fulfilling this mission, San Luis Obispo Non-Profit Housing contributes to the overall well-being of its community by ensuring that low-income residents have a stable and affordable living environment.
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Impact
July, 2024
San Luis Obispo Non-Profit Housing's impact lies in its provision of affordable housing for low and moderate-income individuals in San Luis Obispo County. By acquiring, developing, rehabilitating, owning, and managing housing units, the organization addresses the critical need for affordable housing in the region. This initiative positively impacts the community by providing stable and secure housing options for those who may otherwise struggle to find suitable accommodation. Through its efforts, San Luis Obispo Non-Profit Housing contributes to fostering a more inclusive and supportive environment for individuals and families facing financial challenges in accessing housing.
This information is meant to be a general summary of San Luis Obispo Non-Profit Housing. 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: $80,638
- Program Service Revenue: $10,959,242
- Gross Receipts: $11,795,048
Assets and Liabilities:
- Total Assets: $28,570,626
- Total Liabilities: $12,374,618
- Net Assets: $16,196,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE INCOME
Revenue
$8,867,879
LOW INC HOUSING RENT/FEES
Revenue
$1,901,707
MANAGEMENT FEES
Revenue
$189,656
Organization Details
Founding Year
1990
Phone
(805) 543-4478Principal Officer
Ken Litzinger
Main Address
487 LEFF STREET, SAN LUIS OBISPO, CA, 93401
Website
www.haslo.orgNTEE Category
Code: Z99Z - Unknown
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