Overview
What is Humboldt Plaza Corporation Co Arrowhead Housing?
Humboldt Plaza Corporation Co Arrowhead Housing is a nonprofit organization situated in Cameron Park, California. With a specific focus on low-income families, their mission is to provide housing solutions. They achieve this through the operation of a 135-unit property situated in Arcata, California. This property serves as a home for qualified individuals and families who require affordable housing options. The nonprofit's work contributes positively to the local community by ensuring that low-income families have access to decent living spaces.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Humboldt Plaza Corporation Co Arrowhead Housing has earned a respectable Three-Star rating from Charity Navigator, indicating a solid score of 82%. This rating is derived entirely from its Accountability & Finance metrics, reflecting the organization's commitment to transparency and responsible financial management. The charity demonstrates strong governance with 100% of its board members being independent, ensuring that decisions are made with the best interests of the community in mind.
The organization excels in its financial practices, as evidenced by its high Program Expense Ratio of 97.67%, indicating that a significant portion of its funds is directly allocated to its programs. Additionally, the charity has a low liabilities to assets ratio of 6.26%, suggesting a strong financial position with minimal debt. The presence of audited financial statements and documented board meeting minutes further highlights the charity's dedication to accountability.
While the rating reflects strong performance in financial governance, it is important for potential supporters to consider the overall impact of the organization’s programs. The focus on financial metrics alone may not provide a complete picture of the charity's effectiveness and community engagement. Nevertheless, Humboldt Plaza Corporation Co Arrowhead Housing appears to be a financially sound organization rooted in strong accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Humboldt Plaza Corporation Co Arrowhead Housing legitimate?
Humboldt Plaza Corporation Co Arrowhead Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Humboldt Plaza Corporation Co Arrowhead 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,114
For more financial information, click here
What is the mission statement of Humboldt Plaza Corporation Co Arrowhead Housing?
Humboldt Plaza Corporation Co Arrowhead Housing is committed to providing affordable housing solutions. They achieve this by operating a 135-unit property, catering to qualified low-income families, located in an unspecified location. The organization's primary mission is to make housing accessible for individuals with limited financial resources. They strive to enhance the living conditions of these families, offering them a suitable place to call home.
Who is the CEO of Humboldt Plaza Corporation Co Arrowhead Housing?
Dominick Tarantino is the President of Humboldt Plaza Corporation Co Arrowhead Housing.
What is the revenue of Humboldt Plaza Corporation Co Arrowhead Housing?
Humboldt Plaza Corporation Co Arrowhead Housing's revenue in 2022 was $1,688,732.
Who are the executives of Humboldt Plaza Corporation Co Arrowhead Housing and what are their salaries?
There 5 volunteers at Humboldt Plaza Corporation Co Arrowhead Housing.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Humboldt Plaza Corporation Co Arrowhead Housing?
Humboldt Plaza Corporation Co Arrowhead Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Humboldt Plaza Corporation Co Arrowhead Housing
Humboldt Plaza Corporation Co Arrowhead Housing is committed to providing low-income housing solutions. They accomplish this mission by operating a 135-unit property, serving qualified families in need. The organization's primary goal is to make housing accessible for individuals and families who fall under the low-income bracket. By doing so, Humboldt Plaza Corporation Co Arrowhead Housing aims to contribute to a more equitable society, ensuring that everyone has a place to call home. The corporation's dedication to low-income housing is a testament to its commitment to social responsibility and community development.
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Impact
July, 2024
Humboldt Plaza Corporation Co Arrowhead Housing's impact is evident in its provision of low-income housing through the operation of a 135-unit property in Arcata, California. By offering housing to qualified low-income families, this organization plays a vital role in addressing the housing needs of disadvantaged individuals in the community. Through their mission to provide affordable housing options, they contribute to creating a more equitable and inclusive society where all members have access to safe and stable housing.
This information is meant to be a general summary of Humboldt Plaza Corporation Co Arrowhead 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: $32
- Program Service Revenue: $879,528
- Gross Receipts: $1,688,732
Assets and Liabilities:
- Total Assets: $2,258,907
- Total Liabilities: $155,988
- Net Assets: $2,102,919
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$879,528
Organization Details
Founding Year
1973
Phone
(916) 485-7368Principal Officer
Dominick Tarantino
Main Address
4110 BUSINESS DRIVE A, CAMERON PARK, CA, 95682
NTEE Category
Code: L20 - Housing
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