Overview
What is Burbank Housing Development Corporation?
Burbank Housing Development Corporation is a local nonprofit housing developer based in California, specifically in Sonoma and Napa County. The organization's primary mission is to increase the supply of housing for low-income individuals, elderly, and disabled persons. They accomplish this through various significant activities, which include managing affordable housing units, rehabilitating existing properties, and developing self-help homeownership housing. By providing decent and affordable housing opportunities, Burbank Housing Development Corporation strives to foster vibrant, well-managed local communities that cater to people with limited income of all ages, backgrounds, and special needs. The organization employs a team of 37 dedicated professionals to carry out its mission.
Official website here: www.burbankhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Burbank Housing Development Corporation has received a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. This rating is based entirely on its Accountability & Finance score of 96%, indicating that the organization is well-managed and utilizes its resources effectively. The high score suggests that donors can feel confident in the way their contributions are handled.
The organization excels in several key areas that contribute to its high rating. It boasts a fully independent board with a total of 12 members, emphasizing governance that is devoid of conflicts of interest. Additionally, Burbank Housing Development Corporation has implemented robust financial oversight measures, such as a functioning Audit and Oversight Committee, ensuring that financial practices are sound and transparent.
However, while the data highlights significant strengths in financial management and governance, it does not provide insights into the organization's programmatic impact or community feedback. Potential donors may wish to consider additional factors such as the effectiveness of its programs in addressing housing issues in the community. Overall, the organization's financial integrity is commendable, setting a strong foundation for its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Burbank Housing Development Corporation?
88% of 14 reviewers on Facebook recommend Burbank Housing Development Corporation. Here is a summary of their reviews:
Overall, the sentiment reflects a positive reception towards the organization's efforts and mission. Many express appreciation for the support and resources provided, indicating that residents find value in the services offered.
Though there are limited reviews, the few expressed sentiments highlight a commitment to community improvement and assistance, suggesting that the nonprofit is successfully making a meaningful impact in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Burbank Housing Development Corporation legitimate?
Burbank Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burbank Housing Development 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: $1,799,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $978,980
For more financial information, click here
Official website here: www.burbankhousing.org
What is the mission statement of Burbank Housing Development Corporation?
The Burbank Housing Development Corporation is a local non-profit organization committed to expanding the availability of affordable housing in Sonoma and Napa County. Their mission is to create vibrant communities where people with limited income, of all ages and backgrounds, can live decently and affordably. They accomplish this through various activities, including the management of affordable housing, the rehabilitation of existing properties, and the development of self-help homeownership housing. The organization's carefully designed and professionally managed communities are sustainable, both financially and environmentally, fostering opportunities for individuals with limited resources.
Official website here: www.burbankhousing.org
Who is the CEO of Burbank Housing Development Corporation?
Lawrance Florin is the Director of Burbank Housing Development Corporation. The CEO's salary of Burbank Housing Development Corporation is $360,388 and their total compensation is $386,893.
Official website here: www.burbankhousing.org
What is the revenue of Burbank Housing Development Corporation?
Burbank Housing Development Corporation's revenue in 2022 was $69,956,590.
Official website here: www.burbankhousing.org
Who are the executives of Burbank Housing Development Corporation and what are their salaries?
The average compensation at Burbank Housing Development Corporation during 2022 was $75,096. There are 37 employees and 13 volunteers at Burbank Housing Development Corporation.
Here are 26 key members and their salaries (Burbank Housing Development Corporation's CEO's salary is $360,388 and their total compensation is $386,893):
- Compensation: $0
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- Compensation: $360,388
- Related: $0
- Other: $26,505
- Compensation: $205,649
- Related: $0
- Other: $31,368
- Compensation: $172,500
- Related: $0
- Other: $11,517
- Compensation: $195,452
- Related: $0
- Other: $33,271
- Compensation: $202,388
- Related: $0
- Other: $19,937
- Compensation: $157,589
- Related: $0
- Other: $21,971
- Compensation: $150,811
- Related: $0
- Other: $29,902
- Compensation: $163,082
- Related: $0
- Other: $17,258
- Compensation: $130,538
- Related: $0
- Other: $13,152
- Compensation: $138,723
- Related: $0
- Other: $5,254
- Compensation: $120,725
- Related: $0
- Other: $30,168
- Compensation: $126,074
- Related: $0
- Other: $20,340
- Compensation: $114,983
- Related: $0
- Other: $0
Official website here: www.burbankhousing.org
Where can I find the form 990 for Burbank Housing Development Corporation?
Burbank Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.burbankhousing.org
Learn more at the official website: www.burbankhousing.org
Mission Statement of Burbank Housing Development Corporation
Burbank Housing Development Corporation, a local non-profit organization, is dedicated to increasing the supply of housing for low-income individuals in Sonoma and Napa County. With a mission to provide decent and affordable housing opportunities for people of all ages, backgrounds, and special needs, the organization carries out significant activities in the realm of affordable housing management, rehabilitation of existing homes, and the development of self-help homeownership housing.
In the third person perspective, Burbank Housing Development Corp sets out to build vibrant local communities in California's North Bay region. These communities are carefully designed, professionally managed, and sustainable, both financially and environmentally. By fostering opportunities for individuals with limited income, the organization strives to create thriving neighborhoods where people can call home, regardless of their age, background, or unique requirements.
Burbank Housing's commitment to its mission is demonstrated through its various initiatives. The organization's management of affordable housing ensures that those in need have access to safe and affordable living spaces. Additionally, the rehabilitation of existing homes not only enhances the quality of life for residents but also revitalizes affected communities. Lastly, through the development of self-help homeownership housing, Burbank Housing empowers individuals to build and own their homes, ultimately providing them with a sense of stability and independence.
Overall, Burbank Housing Development Corporation plays a crucial role in addressing the housing needs of low-income individuals in Sonoma and Napa County. Its mission is to create welcoming, sustainable communities and empower individuals to improve their living situations, paving the way for a brighter future.
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Impact
October, 2024
Burbank Housing Development Corporation significantly influences the housing landscape in Sonoma and Napa counties by increasing the supply of affordable housing for low-income individuals and families. By managing a variety of apartment properties, the organization ensures that vulnerable populations, including families, the elderly, and people with disabilities, have access to decent and affordable living accommodations.
In addition to property management, Burbank Housing is actively involved in the rehabilitation of existing housing units, enhancing the quality of available options in the community. This commitment to improving the housing stock not only addresses immediate needs but also contributes to the overall livability and resilience of local neighborhoods.
Furthermore, Burbank Housing's focus on self-help homeownership programs empowers individuals and families to achieve long-term stability and investment in their communities. By fostering sustainable and vibrant local communities that are designed to be environmentally and financially viable, the organization creates opportunities for diverse populations, ensuring that people of all ages, backgrounds, and special needs can thrive. Overall, Burbank Housing Development Corporation plays a crucial role in shaping affordable housing solutions and enhancing community well-being in the North Bay of California.
This information is meant to be a general summary of Burbank Housing Development 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: $810,554
- Program Service Revenue: $11,311,987
- Gross Receipts: $70,197,665
Assets and Liabilities:
- Total Assets: $160,937,391
- Total Liabilities: $70,530,296
- Net Assets: $90,407,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$5,981,716
RENTAL INCOME
Revenue
$3,616,974
PROPERTY MANAGEMENT FEES
Revenue
$982,563
RECOVERY OF HOME OWNERSHIP NOTES
Revenue
$406,253
OTHER INCOME
Revenue
$324,481
Organization Details
Founding Year
1980
Phone
(707) 526-9782Principal Officer
Lawrance Florin
Main Address
1425 CORPORATE CENTER PKWY, SANTA ROSA, CA, 95407
Website
www.burbankhousing.orgNTEE Category
Code: L210 - Housing
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