Overview
What is 480 Valencia Inc?
480 Valencia Inc is a nonprofit entity that collaborates with Mission Housing Development Corporation to ensure access to affordable housing for low-income families in San Francisco, California. By acting as a general partner for two partnerships, they contribute to the provision of 159 housing units. This joint effort aims to make housing an attainable resource for those who may struggle financially.
Is 480 Valencia Inc legitimate?
480 Valencia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 480 Valencia Inc submitted a form 990EZ, 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.
What is the mission statement of 480 Valencia Inc?
480 Valencia Inc, in its mission, collaborates with Mission Housing Development Corporation to offer affordable housing options for low-income families. They achieve this by acting as a general partner in two partnerships, resulting in a combined total of 159 housing units in San Francisco, California. This initiative is significant in addressing the housing needs of less fortunate families, thereby contributing to a more inclusive and equitable community.
Who is the CEO of 480 Valencia Inc?
Jon Layman is the President of 480 Valencia Inc.
What is the revenue of 480 Valencia Inc?
480 Valencia Inc's revenue in 2022 was $81,908.
Who are the executives of 480 Valencia Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for 480 Valencia Inc?
480 Valencia Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of 480 Valencia Inc
480 Valencia Inc, as a dedicated partner, aids Mission Housing Development Corporation in delivering affordable housing options to low-income families. By serving as a general partner for two partnerships, this organization contributes to the provision of a combined 159 housing units in San Francisco, California. This mission of 480 Valencia Inc is instrumental in making housing more accessible for families who may otherwise struggle financially. By working closely with Mission Housing Development Corporation, 480 Valencia Inc is helping to alleviate the housing burden for countless families, thereby contributing to a more equitable and inclusive community.
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Impact
October, 2024
480 Valencia Inc plays a crucial role in addressing the affordable housing crisis in San Francisco by supporting the Mission Housing Development Corporation. Through its partnerships, the organization provides 159 units of housing specifically designed for low-income families, directly contributing to the availability of affordable housing in a city known for its high living costs. This initiative not only offers safe and stable living conditions for vulnerable populations but also fosters community development and stability. By focusing on housing accessibility, 480 Valencia Inc helps to alleviate some of the economic pressures faced by low-income individuals and families, enabling them to thrive in their communities.
This information is meant to be a general summary of 480 Valencia 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: $28
- Program Service Revenue: $81,255
- Gross Receipts: $81,908
Assets and Liabilities:
- Total Assets: $95,704
- Total Liabilities: $3,702,261
- Net Assets: -$3,606,557
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Organization Details
Phone
(415) 864-6432Principal Officer
Jon Layman
Main Address
474 Valencia Street Suite 280, San Francisco, CA, 94103
NTEE Category
Code: L21 - Housing
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