Overview
What is Marin County Housing Development Financing Corporation?
The Marin County Housing Development Financing Corporation is a nonprofit organization based in San Rafael, California. Its main source of revenue stems from rental activities at a 15-unit property situated in Tiburon, CA. The corporation's primary mission is to aid the Housing Authority of Marin County, a public body, by financing or executing the acquisition, construction, rehabilitation, and equipping of rental housing for low-income individuals within Marin County. Their operations involve covering expenses such as management fees, salaries, utilities, insurance, maintenance, and depreciation. They own and manage a 15-unit property known as Bradley House in Tiburon, CA.
Official website here: www.marinhousing.org
Is Marin County Housing Development Financing Corporation legitimate?
Marin County Housing Development Financing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Marin County Housing Development Financing 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: $54,962
For more financial information, click here
Official website here: www.marinhousing.org
What is the mission statement of Marin County Housing Development Financing Corporation?
The Marin County Housing Development Financing Corporation is dedicated to assisting the Housing Authority of Marin, California, by financing or executing the acquisition, construction, rehabilitation, and equipping of rental housing units for individuals of low income. This corporation's mission is focused on providing affordable housing options within the county of Marin. Currently, it owns and manages a 15-unit property known as Bradley House, located in Tiburon, CA. The corporation's primary goal is to ensure that low-income individuals have access to suitable housing units.
Official website here: www.marinhousing.org
Who is the CEO of Marin County Housing Development Financing Corporation?
Nick Zhou is the Director of Marin County Housing Development Financing Corporation.
Official website here: www.marinhousing.org
What is the revenue of Marin County Housing Development Financing Corporation?
Marin County Housing Development Financing Corporation's revenue in 2022 was $436,639.
Official website here: www.marinhousing.org
Who are the executives of Marin County Housing Development Financing Corporation and what are their salaries?
There 8 volunteers at Marin County Housing Development Financing Corporation.
Here are 7 key members and their salaries:
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Official website here: www.marinhousing.org
Where can I find the form 990 for Marin County Housing Development Financing Corporation?
Marin County Housing Development Financing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marinhousing.org
Learn more at the official website: www.marinhousing.org
Mission Statement of Marin County Housing Development Financing Corporation
The Marin County Housing Development Financing Corporation is committed to assisting the Housing Authority of the County of Marin, a public body in California, by financing or executing the acquisition, construction, rehabilitation, and equipping of rental housing for individuals of low-income. This nonprofit organization takes an active role in enhancing the living conditions of these individuals by providing financial support for the development of housing units. As evidence of its commitment, the Marin County Housing Development Financing Corporation owns a 15-unit property in Tiburon, CA, known as Bradley House. This property serves as a testament to the organization's mission to contribute to the provision of affordable housing for those in need. The corporation's efforts aim to improve the living situations of low-income individuals, thereby contributing to the overall well-being of the community.
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Impact
October, 2024
The Marin County Housing Development Financing Corporation plays a vital role in addressing the housing needs of low-income residents in Marin County, California. By providing financial assistance for the acquisition, construction, rehabilitation, and equipping of rental housing, the Corporation directly contributes to increasing the availability of affordable housing options in the area.
One of its significant assets is the ownership of a 15-unit property known as Bradley House in Tiburon, CA. This property serves as a critical resource for low-income individuals and families, offering them a stable living environment. The majority of the Corporation's revenue comes from rental activities at this site, which underscores its commitment to creating sustainable housing solutions within the community.
In addition to facilitating the development of affordable housing, the Corporation incurs various operational expenses, including management fees and maintenance costs, which help ensure the property remains well-maintained and accessible to tenants. This operational framework not only supports the existing residents but also fosters an environment conducive to community stability and growth.
Overall, the impact of the Marin County Housing Development Financing Corporation can be seen in its efforts to enhance the quality and availability of affordable housing, thereby contributing to the overall well-being of low-income communities in Marin County.
This information is meant to be a general summary of Marin County Housing Development Financing 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: $8,866
- Program Service Revenue: $426,938
- Gross Receipts: $436,639
Assets and Liabilities:
- Total Assets: $2,062,455
- Total Liabilities: $58,027
- Net Assets: $2,004,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL ACTIVITY
Revenue
$426,938
Organization Details
Founding Year
1979
Phone
(415) 491-2525Principal Officer
Nick Zhou
Main Address
4020 CIVIC CENTER DR, SAN RAFAEL, CA, 949034173
Website
www.marinhousing.orgNTEE Category
Code: L21 - Housing
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