Overview
What is Colorado Park Housing Corporation?
Colorado Park Housing Corporation is a nonprofit organization established under Section 236 of the National Housing Act. Its main role involves serving as a general partner in Colorado Park LP, a limited partnership that owns and manages a low-income housing project. By doing so, this organization provides affordable housing solutions to those in need, contributing to the community's overall welfare. Based in Palo Alto, California, the organization's address is 3460 W Bayshore Road 104.
Official website here: www.altahousing.org
Is Colorado Park Housing Corporation legitimate?
Colorado Park Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Park 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: $0
For more financial information, click here
Official website here: www.altahousing.org
What is the mission statement of Colorado Park Housing Corporation?
Colorado Park Housing Corporation, established under Section 236 of the National Housing Act, operates as a general partner in Colorado Park LP, a limited partnership that manages a low-income housing project. The organization's primary role is to contribute to this partnership, ensuring the ownership and operation of affordable housing for individuals with limited financial means. The mission of Colorado Park Housing Corporation can be inferred as providing a stable living environment for those in need, by being an integral part of the Colorado Park LP partnership. The corporation's work revolves around the ownership and operation of this low-income housing project, thereby contributing to the overall well-being and housing needs of its residents.
Official website here: www.altahousing.org
Who is the CEO of Colorado Park Housing Corporation?
Randal Tsuda is the CEO of Colorado Park Housing Corporation The CEO's salary of Colorado Park Housing Corporation is $0 and their total compensation is $354,026.
Official website here: www.altahousing.org
What is the revenue of Colorado Park Housing Corporation?
Colorado Park Housing Corporation's revenue in 2023 was $306,194.
Official website here: www.altahousing.org
Who are the executives of Colorado Park Housing Corporation and what are their salaries?
There 16 volunteers at Colorado Park Housing Corporation.
Here are 18 key members and their salaries (Colorado Park 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
- Compensation: $0
- Related: $204,463
- Other: $46,814
Official website here: www.altahousing.org
Where can I find the form 990 for Colorado Park Housing Corporation?
Colorado Park 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 Colorado Park Housing Corporation
Colorado Park Housing Corporation, established under Section 236 of the National Housing Act, serves as a vital partner in Colorado Park LP, a limited partnership that manages and operates a low-income housing project. The organization's mission is centered around this partnership, with the primary goal of ensuring the operation and maintenance of affordable housing for individuals with limited income. By serving as a general partner in Colorado Park LP, Colorado Park Housing Corporation contributes to providing a secure and affordable living environment for those in need, aligning with the broader intention of Section 236 of the National Housing Act. In essence, the organization's mission revolves around promoting and facilitating access to affordable housing for eligible individuals, thereby contributing to a more equitable and inclusive community.
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Impact
October, 2024
Colorado Park Housing Corporation plays a crucial role in addressing housing affordability in Palo Alto, California. By serving as a general partner in Colorado Park LP, it is directly involved in the ownership and operation of a low-income housing project. This partnership is essential in providing access to affordable housing for residents who might otherwise be priced out of a competitive real estate market.
The organization’s focus on low-income housing reflects a commitment to enhancing community well-being and promoting social equity, ensuring that individuals and families have stable living conditions. Through their efforts, Colorado Park Housing Corporation contributes to the overall vitality of the area by not only providing homes but also fostering a sense of community among residents. This impact extends beyond just housing; it also supports the local economy and social fabric by enabling diverse households to thrive in Palo Alto.
This information is meant to be a general summary of Colorado Park 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.
- Program Service Revenue: $306,194
- Gross Receipts: $306,194
Assets and Liabilities:
- Total Assets: $10,565,523
- Total Liabilities: $0
- Net Assets: $10,565,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED INTERE
Revenue
$275,446
PARTNERSHIP MGMT FEE
Revenue
$30,748
Organization Details
Founding Year
1971
Principal Officer
Randal Tsuda
Website
www.altahousing.orgNTEE Category
Code: Z99Z - Unknown
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