Overview
What is East Palo Alto Community Alliance And Neighborhood Development Org?
East Palo Alto Community Alliance and Neighborhood Development Org is a nonprofit organization situated in East Palo Alto, California. Its primary focus is on fostering or sustaining affordable housing within the community. They accomplish this by developing and managing affordable rental properties, overseeing the city's affordable homeownership program, and offering counseling, technical assistance, and financing aid to low-income homeowners wishing to construct accessory dwelling units on their property. By doing so, they provide housing that is within reach for their families or tenants. Additionally, this organization provides direct services or supports opportunities for over 1,000 local households, contributing to community economic development and safeguarding residents against economic displacement.
Official website here: www.epacando.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
East Palo Alto Community Alliance And Neighborhood Development Org has earned a high score of 96%, indicating a strong performance in accountability and finance. The charity's Four-Star rating reflects its commitment to transparency and effective financial management, with a perfect score in several key areas including board independence and oversight. This demonstrates the organization’s strong governance practices and reliability in managing its resources.
The organization showcases a majority independent board, which enhances its governance structure. With a total of six independent members, it scores excellently in board size and independence. Additionally, they have robust financial practices, as evidenced by their thorough audit and oversight processes, ensuring that funds are utilized effectively for community benefit.
However, while the financial metrics are strong, the organization's overall impact and program effectiveness, though not evaluated in this summary, would also be important factors for potential donors and stakeholders to consider. Overall, East Palo Alto Community Alliance And Neighborhood Development Org stands out for its financial integrity and governance, making it a reliable choice for support.
This AI summary has been generated from information found on Charity Navigator.
Is East Palo Alto Community Alliance And Neighborhood Development Org legitimate?
East Palo Alto Community Alliance And Neighborhood Development Org is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Palo Alto Community Alliance And Neighborhood Development Org 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: $124,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $463,429
For more financial information, click here
Official website here: www.epacando.org
What is the mission statement of East Palo Alto Community Alliance And Neighborhood Development Org?
East Palo Alto Community Alliance and Neighborhood Development Org serves as a community development corporation, dedicated to promoting economic development and protecting residents from economic displacement. They achieve this by offering financial counseling, providing services for low-income homeowners, and developing permanently affordable housing. Their efforts have positively impacted over 1,000 individuals, contributing to the creation or sustainment of housing and housing affordability in various forms.
Official website here: www.epacando.org
Who is the CEO of East Palo Alto Community Alliance And Neighborhood Development Org?
Angah Miessi is the President of East Palo Alto Community Alliance And Neighborhood Development Org.
Official website here: www.epacando.org
What is the revenue of East Palo Alto Community Alliance And Neighborhood Development Org?
East Palo Alto Community Alliance And Neighborhood Development Org's revenue in 2022 was $1,036,147.
Official website here: www.epacando.org
Who are the executives of East Palo Alto Community Alliance And Neighborhood Development Org and what are their salaries?
The average compensation at East Palo Alto Community Alliance And Neighborhood Development Org during 2022 was $53,457. There are 11 employees and 18 volunteers at East Palo Alto Community Alliance And Neighborhood Development Org.
Here are 8 key members and their salaries:
- Compensation: $112,526
- Related: $0
- Other: $12,067
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.epacando.org
Where can I find the form 990 for East Palo Alto Community Alliance And Neighborhood Development Org?
East Palo Alto Community Alliance And Neighborhood Development Org's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.epacando.org
Learn more at the official website: www.epacando.org
Mission Statement of East Palo Alto Community Alliance And Neighborhood Development Org
The East Palo Alto Community Alliance and Neighborhood Development Org is a committed community development corporation. Its primary mission is to foster economic growth within the community and shield residents from economic displacement. The organization achieves this objective by offering financial counseling, services for low-income homeowners, and developing permanently affordable housing. By doing so, East Palo Alto Community Alliance and Neighborhood Development Org has served at least 1,000 individuals, contributing positively to the community's housing landscape.
In essence, the organization's work revolves around ensuring housing affordability and sustainability. This is achieved through various means, including the development and management of affordable rental housing, administering the city's affordable home ownership program, and providing counseling, technical assistance, and access to financing for low-income homeowners. By enabling these homeowners to construct accessory dwelling units on their properties, the organization creates affordable housing opportunities for their families or tenants. Through these initiatives, East Palo Alto Community Alliance and Neighborhood Development Org plays a crucial role in safeguarding the housing security of local households.
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Impact
July, 2024
The East Palo Alto Community Alliance And Neighborhood Development Org has a significant impact in East Palo Alto, California by promoting community economic development and protecting residents against economic displacement. They achieve this through financial counseling, services for low-income homeowners, and the development of permanently affordable housing. Their programs directly benefit over 1000 local households, offering affordable housing solutions and supporting low-income homeowners in developing accessory dwelling units on their properties. Through their efforts, EPACANDO plays a crucial role in ensuring housing affordability and stability for residents in the area.
This information is meant to be a general summary of East Palo Alto Community Alliance And Neighborhood Development Org. 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: $59,746
- Program Service Revenue: $564,068
- Gross Receipts: $1,036,147
Assets and Liabilities:
- Total Assets: $6,476,147
- Total Liabilities: $1,754,150
- Net Assets: $4,721,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$187,482
MEMBERSHIP
Revenue
$255
PARTNER MANAGEMENT FEES
Revenue
$100,262
RENTAL INCOME
Revenue
$228,346
SERVICE REVENUE
Revenue
$47,723
Organization Details
Founding Year
1989
Phone
(650) 473-9838Principal Officer
Angah Miessi
Main Address
2369 UNIVERSITY AVENUE, EAST PALO ALTO, CA, 94303
Website
www.epacando.orgNTEE Category
Code: L20 - Housing
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