Overview
What is Mutual Housing California Formerly Known As Sacramento Mutual Housing Association?
Mutual Housing California, formerly known as Sacramento Mutual Housing Association, is a nonprofit organization based in Sacramento, California. Their primary mission is to develop, manage, and support sustainable, affordable housing, with a focus on creating equitable communities. They accomplish this by building new housing for diverse households and renovating deteriorated multi-family properties, transforming them into safe living spaces. Approximately 3,350 residents reside in 1,201 townhomes, apartments, and a mobile home park operated by Mutual Housing Management in Sacramento and Yolo Counties. The organization also employs a team of 54 individuals, dedicated to this cause.
Official website here: www.mutualhousing.com
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 95% (Four-Star out of Four Stars)**tar)**
Mutual Housing California, formerly known as Sacramento Mutual Housing Association, has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and transparency. The organization has a perfect score in Culture & Community, showcasing its commitment to stakeholder engagement and equity strategies. With a healthy Program Expense Ratio of 68.47%, the majority of its funding is directed towards its mission-driven programs.
Strengths of Mutual Housing California include an independent board comprising solely independent members and comprehensive oversight measures such as an audit and oversight committee. The charity has implemented robust policies including conflict of interest, whistleblower protections, and document retention, ensuring the integrity of its operations. These aspects help cultivate trust and accountability within its governance frameworks.
While the organization exhibits significant strengths, there are some limitations noted. It cannot currently be evaluated by the Impact & Measurement and Leadership & Adaptability methodologies, which limits insight into the effectiveness of its programs and its ability to adapt to changing circumstances. Overall, Mutual Housing California appears to be a well-managed nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Mutual Housing California Formerly Known As Sacramento Mutual Housing Association legitimate?
Mutual Housing California Formerly Known As Sacramento Mutual Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mutual Housing California Formerly Known As Sacramento Mutual Housing Association 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: $455,836
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,675,749
For more financial information, click here
Official website here: www.mutualhousing.com
What is the mission statement of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association?
Mutual Housing California, formerly known as Sacramento Mutual Housing Association, is committed to developing, managing, and supporting sustainable affordable housing. Residents play a significant role in this mission, working together to promote equitable communities. Their mission is to create living spaces that foster a sense of partnership and equality among its residents. By developing new housing and renovating deteriorated properties, they aim to provide safe and suitable homes for diverse households, contributing positively to the neighborhoods they serve. The organization's activities aim to enhance the quality of life for approximately 3,350 residents living in 1,201 townhomes, apartments, and a mobile home park.
Official website here: www.mutualhousing.com
Who is the CEO of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association?
Roberto Jimenez is the Ceo of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association. The CEO's salary of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association is $212,750 and their total compensation is $244,650.
Official website here: www.mutualhousing.com
What is the revenue of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association?
Mutual Housing California Formerly Known As Sacramento Mutual Housing Association's revenue in 2022 was $8,658,576.
Official website here: www.mutualhousing.com
Who are the executives of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association and what are their salaries?
The average compensation at Mutual Housing California Formerly Known As Sacramento Mutual Housing Association during 2022 was $57,992. There are 54 employees and 250 volunteers at Mutual Housing California Formerly Known As Sacramento Mutual Housing Association.
Here are 18 key members and their salaries (Mutual Housing California Formerly Known As Sacramento Mutual Housing Association's CEO's salary is $212,750 and their total compensation is $244,650):
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- Compensation: $212,750
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- Other: $31,900
- Compensation: $190,498
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- Compensation: $165,000
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- Compensation: $119,600
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- Compensation: $109,059
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- Other: $26,634
- Compensation: $128,542
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- Other: $12,661
Official website here: www.mutualhousing.com
Where can I find the form 990 for Mutual Housing California Formerly Known As Sacramento Mutual Housing Association?
Mutual Housing California Formerly Known As Sacramento Mutual Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mutualhousing.com
Learn more at the official website: www.mutualhousing.com
Mission Statement of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association
Mutual Housing California, formerly known as Sacramento Mutual Housing Association, is dedicated to a mission that goes beyond providing affordable housing. Their primary objective is to develop, manage, and support sustainable housing units, where the residents act as partners in fostering equitable communities. Through this mission, the organization strives to advance communities that value social justice and equality.
To achieve this mission, Mutual Housing California engages in various activities. They develop new housing for diverse households, ensuring that the properties cater to a wide range of needs. Furthermore, the nonprofit also acquires and renovates dilapidated multi-family housing properties in Sacramento and Yolo Counties. These properties, once unsafe for residents and detrimental to their surrounding neighborhoods, are transformed into secure and livable spaces. As a result, approximately 3,350 residents now reside in 1,201 townhomes, apartments, and a mobile home park managed by Mutual Housing California. The organization's commitment to sustainable, affordable housing and equitable communities is evident in its mission and its impact on residents' lives.
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Impact
July, 2024
Mutual Housing California, formerly known as Sacramento Mutual Housing Association, has a significant impact on the community by developing, managing, and supporting sustainable affordable housing where residents are partners in advancing equitable communities. They have developed new housing for diverse households in Sacramento and Yolo counties, while also acquiring and renovating deteriorated multifamily housing properties. Approximately 3,350 residents live in 1,201 townhomes, apartments, and a mobile home park operated by Mutual Housing Management. Mutual Housing California's mission is to create a positive impact on the community by providing safe and affordable housing options for residents in need.
This information is meant to be a general summary of Mutual Housing California Formerly Known As Sacramento Mutual Housing Association. 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: $13,754
- Program Service Revenue: $6,693,362
- Gross Receipts: $8,678,445
Assets and Liabilities:
- Total Assets: $25,721,132
- Total Liabilities: $12,516,971
- Net Assets: $13,204,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$4,801,710
ORGANIZING FEES
Revenue
$769,628
PROGRAM RELATED INTERE
Revenue
$596,801
MANAGEMENT FEES
Revenue
$432,608
BAD DEBT RECOVERY
Revenue
$92,499
Organization Details
Founding Year
1988
Phone
(916) 453-8400Principal Officer
Roberto Jimenez
Main Address
3321 POWER INN ROAD 320, SACRAMENTO, CA, 95826
Website
www.mutualhousing.comNTEE Category
Code: L20Z - Housing
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