Overview
What is Boomerang Housing Corporation?
Boomerang Housing Corporation is a nonprofit organization based in San Francisco, California, specifically at 515 Cortland Avenue, CA 94110. Their primary mission is to provide housing solutions for low-income individuals who lack adequate housing options. They accomplish this by serving as a general partner in various limited partnerships, which own and manage housing units in San Francisco. One such partnership provides 46 units of affordable housing for those in need. Boomerang Housing Corporation is committed to ensuring that these housing units are safe, decent, and sanitary, offering related services as well.
Is Boomerang Housing Corporation legitimate?
Boomerang Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boomerang Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Boomerang Housing Corporation?
Boomerang Housing Corporation is dedicated to providing housing for individuals with low income, addressing the lack of adequate housing in certain communities. The corporation serves as a general partner in a limited partnership, overseeing the ownership and operation of housing facilities that cater to this demographic. Their goal is to offer affordable, decent, safe, and sanitary housing, alongside related services, to those in need. By doing so, Boomerang Housing Corporation aims to contribute to improving the living conditions of this vulnerable group.
Who is the CEO of Boomerang Housing Corporation?
Gina Dacus is the Executive Dir. of Boomerang Housing Corporation.
What is the revenue of Boomerang Housing Corporation?
Boomerang Housing Corporation's revenue in 2022 was $69,059.
Who are the executives of Boomerang Housing Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $149,500
- Other: $15,778
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Boomerang Housing Corporation?
Boomerang Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boomerang Housing Corporation
Boomerang Housing Corporation is dedicated to providing housing for individuals with low income, addressing a gap where adequate housing is lacking for such groups. Acting as a general partner in a limited partnership, Boomerang Housing Corporation operates housing facilities that cater to this demographic, ensuring they have access to affordable, decent, safe, and sanitary housing, along with related services. The organization's mission is twofold: firstly, to offer housing solutions for those in need; secondly, to contribute as a general partner in partnerships that manage housing for low-income individuals. By doing so, Boomerang Housing Corporation makes a significant impact in addressing the housing needs of vulnerable populations, thereby contributing to their overall wellbeing.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Boomerang Housing Corporation plays a crucial role in addressing the housing crisis for low-income individuals and families in San Francisco, where adequate and affordable housing options are often scarce. By serving as a general partner in limited partnerships that own and operate low-income housing, the organization directly contributes to the availability of safe, decent, and sanitary living conditions for those in urgent need.
With a focus on providing housing that is not only affordable but also equipped with related services, Boomerang Housing works to mitigate the challenges faced by vulnerable populations. Its efforts result in the establishment of housing units specifically designed to support low-income residents, thereby fostering community resilience and stability.
The impact of Boomerang Housing extends beyond mere shelter; it enhances the quality of life for its residents, offering them a sense of security and the opportunity to thrive in a supportive environment. As the demand for affordable housing continues to grow in urban areas like San Francisco, the contributions of organizations such as Boomerang Housing Corporation become increasingly vital to the overall well-being of the community.
This information is meant to be a general summary of Boomerang Housing 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: $4,632
- Program Service Revenue: $12,714
- Gross Receipts: $69,059
Assets and Liabilities:
- Total Assets: $1,145,729
- Total Liabilities: $16,650,398
- Net Assets: -$15,504,669
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS INCOME
Revenue
$2
PARTNERSHIP ADMIN FEES
Revenue
$12,712
Organization Details
Founding Year
1991
Phone
(415) 206-2140Principal Officer
Gina Dacus
Main Address
515 Cortland Avenue, San Francisco, CA, 94110
NTEE Category
Code: L21 - Housing
If you are a representative of Boomerang Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.