Overview
What is Solano County Community Housing Corporation?
Solano County Community Housing Corporation (SCCHC) is a nonprofit organization situated in Fairfield, California. Their primary mission is to provide affordable housing options for families whose income falls below 60% of the median income, adjusted for family size. To accomplish this, SCCHC manages an office building used for an affordable housing project consisting of 106 units. Furthermore, the corporation holds a significant stake, approximately 99.9%, in five partnerships that also offer affordable housing solutions for low-income individuals and families. In addition to these efforts, SCCHC expanded its reach by acquiring a single-family home to subdivide and offer as affordable rental properties.
Is Solano County Community Housing Corporation legitimate?
Solano County Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solano County Community 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
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What is the mission statement of Solano County Community Housing Corporation?
The Solano County Community Housing Corporation's mission is centered around providing affordable housing opportunities. Specifically, they target families whose income falls below 60% of the median income, adjusting for family size. To accomplish this, they have maintained an office building for an affordable housing project and hold a significant stake in partnerships that offer housing to low-income individuals and families. Additionally, the corporation has expanded its affordable housing offerings by acquiring a single-family home and subdividing it for rental purposes.
Who is the CEO of Solano County Community Housing Corporation?
Don Harris is the CEO of Solano County Community Housing Corporation The CEO's salary of Solano County Community Housing Corporation is $0 and their total compensation is $0.
What is the revenue of Solano County Community Housing Corporation?
Solano County Community Housing Corporation's revenue in 2023 was $2,306,673.
Who are the executives of Solano County Community Housing Corporation and what are their salaries?
There 8 volunteers at Solano County Community Housing Corporation.
Here are 9 key members and their salaries (Solano County Community Housing Corporation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Solano County Community Housing Corporation?
Solano County Community Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Solano County Community Housing Corporation
Solano County Community Housing Corporation, abbreviated as SCCHC, is dedicated to providing affordable housing solutions for families who earn 60% or less of the median income, adjusted for family size. This nonprofit organization's mission is to make a significant impact in addressing the housing needs of low-income individuals and families, ensuring they have a suitable place to call home. To accomplish this, SCCHC maintains an office building for a 106-unit affordable housing project and holds a substantial stake in five partnerships that provide affordable housing options for low-income individuals and families. Furthermore, SCCHC has expanded its housing efforts by acquiring a single-family home and subdividing it to offer affordable rental housing options.
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Impact
October, 2024
Solano County Community Housing Corporation significantly enhances the availability of affordable housing for families earning 60% or below the median income adjusted for family size. By maintaining and managing a 106-unit affordable housing project, the organization ensures a stable living environment for low-income individuals and families.
With a nearly complete stake—99.9% or 99.99%—in five partnerships, the corporation plays a critical role in providing essential housing options. Its proactive approach also includes acquiring properties, such as a single-family home slated for subdivision to create affordable rental units. This commitment to affordable housing in Fairfield, CA, fosters community stability and economic resilience, addressing the pressing need for accessible living options in the region.
This information is meant to be a general summary of Solano County Community 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 2023.
- Investment Income: $85,746
- Program Service Revenue: $2,186,977
- Gross Receipts: $2,306,673
Assets and Liabilities:
- Total Assets: $58,338,792
- Total Liabilities: $40,975
- Net Assets: $58,297,817
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM PARTNERSHI
Revenue
$1,917,966
PROGRAM RELATED INTERE
Revenue
$140,802
RENTAL INCOME
Revenue
$128,209
Organization Details
Founding Year
1993
Principal Officer
Don F Harris
NTEE Category
Code: L80 - Housing
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