Overview
What is Del Carlo Court Inc?
Del Carlo Court Inc is a nonprofit organization situated in San Francisco, California. It serves as a partner in two limited partnerships that provide 125 affordable housing units for low-income families. The corporation's mission aligns with Section 509(A)(3) of the Internal Revenue Code, aiming to support Mission Housing Development Corporation and its objectives. Specifically, Del Carlo Court Inc aims to provide decent, safe, and sanitary housing for low-income individuals, including those who are homeless, in imminent danger of homelessness, displaced due to urban renewal or governmental action, or as a result of a major disaster where adequate housing is lacking. In this capacity, the organization contributes to the well-being of underserved communities by ensuring accessible housing options.
Is Del Carlo Court Inc legitimate?
Del Carlo Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Del Carlo Court Inc 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
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What is the mission statement of Del Carlo Court Inc?
Del Carlo Court Inc's mission is centered around supporting Mission Housing Development Corporation, a California nonprofit organization. The primary goal is to provide affordable housing for low-income individuals who currently lack such housing options. Additionally, the organization aims to offer decent, safe, and sanitary housing for those who are homeless or at risk of homelessness due to various circumstances, including urban renewal, governmental action, or major disasters. Del Carlo Court Inc also strives to provide housing for those displaced due to these reasons, where adequate housing is not readily available for such groups.
Who is the CEO of Del Carlo Court Inc?
Jon Layman is the Chairman of Del Carlo Court Inc.
What is the revenue of Del Carlo Court Inc?
Del Carlo Court Inc's revenue in 2022 was $3,066,993.
Who are the executives of Del Carlo Court Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $282,538
- Other: $7,517
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Del Carlo Court Inc?
Del Carlo Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Del Carlo Court Inc
Del Carlo Court Inc is committed to supporting Mission Housing Development Corporation, a California nonprofit public benefit corporation, in fulfilling its mission in accordance with Section 509(A)(3) of the Internal Revenue Code. The primary aim of Del Carlo Court Inc is to address the housing needs of low-income individuals. When adequate housing is not readily available for these groups, Del Carlo Court Inc steps in to provide affordable housing options. Furthermore, when individuals find themselves homeless or in imminent danger of becoming so, due to factors such as governmental action or major disasters, Del Carlo Court Inc provides decent, safe, and sanitary housing to help alleviate their plight. The organization's mission extends to those who have been displaced from urban renewal areas, ensuring that they too have access to adequate housing.
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Impact
October, 2024
Del Carlo Court Inc significantly impacts the San Francisco community by addressing the pressing need for affordable housing. By partnering with Mission Housing Development Corporation, it plays a critical role in providing decent, safe, and sanitary housing for low-income individuals and families, particularly those facing homelessness or displacement due to urban renewal or governmental actions.
The organization directly contributes to the formation of 125 rental units designed to improve the living conditions of vulnerable populations who often lack access to adequate housing. This effort not only helps stabilize families but also fosters a sense of community and belonging, allowing residents to thrive in an environment that meets their basic needs.
Del Carlo Court Inc's mission is especially vital in a city like San Francisco, where the housing market can make it incredibly challenging for low-income individuals to secure stable housing. Through its commitment to affordable housing, the organization positively influences the overall social fabric of the community, reducing the risk of homelessness and enhancing the quality of life for many residents.
This information is meant to be a general summary of Del Carlo Court Inc. 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: $7,679
- Program Service Revenue: $1,995,343
- Gross Receipts: $3,066,993
Assets and Liabilities:
- Total Assets: $4,495,301
- Total Liabilities: $4,069,767
- Net Assets: $425,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALLOCABLE SHARE PS RENTS
Revenue
$1,995,343
Organization Details
Founding Year
1991
Phone
(415) 864-6432Principal Officer
Jon Layman
Main Address
474 Valencia Street Suite 280, San Francisco, CA, 94103
NTEE Category
Code: L20 - Housing
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