Overview
What is Avalon Housing Inc?
Avalon Housing Inc is a nonprofit organization situated in Oakland, California. Acting as a general partner, they invest in Avalon Senior Housing, L.P., contributing to the potential rental losses. This investment is instrumental in providing affordable housing for low and very low-income senior citizens in Alameda County. Beyond the financial aspect, their mission extends to ensuring that elderly residents have access to suitable housing within their community.
Is Avalon Housing Inc legitimate?
Avalon Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avalon Housing 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Avalon Housing Inc?
Avalon Housing Inc serves as a partner in a low-income housing project, investing in Avalon Senior Housing, L.P. The organization's primary objective is to provide affordable housing for seniors with low and very low incomes. By sharing in the rental losses, Avalon Housing Inc contributes to making housing accessible for this demographic in Alameda County. The organization's commitment to affordable housing aims to improve living conditions for a vulnerable section of the community.
Who is the CEO of Avalon Housing Inc?
Lina Sheth is the CEO of Avalon Housing Inc The CEO's salary of Avalon Housing Inc is $0 and their total compensation is $0.
What is the revenue of Avalon Housing Inc?
Avalon Housing Inc's revenue in 2023 was $0.
Who are the executives of Avalon Housing Inc and what are their salaries?
Here are 8 key members and their salaries (Avalon Housing Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Avalon Housing Inc?
Avalon Housing Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Avalon Housing Inc
Avalon Housing Inc, as a general partner, is dedicated to providing affordable living spaces for seniors who fall into the low and very low income brackets. The organization accomplishes this by investing in Avalon Senior Housing, L.P., a low income housing project. By sharing in the rental losses from this investment, Avalon Housing Inc contributes to the availability of affordable housing options in Alameda County. This mission of Avalon Housing Inc is crucial in ensuring that elderly individuals, who may be financially vulnerable, have access to safe and affordable housing.
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Impact
October, 2024
Avalon Housing Inc. plays a crucial role in providing affordable housing solutions for low and very low-income seniors in Alameda County. By serving as a general partner for a low-income housing project, the organization helps mitigate rental loss through its investment in Avalon Senior Housing, L.P. This partnership directly contributes to enhancing the living conditions of vulnerable populations, ensuring that seniors have access to safe and affordable housing options. Located in Oakland, CA, Avalon Housing's mission is vital in addressing the pressing need for affordable senior housing in the community, ultimately fostering stability and improving the quality of life for its residents.
This information is meant to be a general summary of Avalon Housing 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 2023.
Assets and Liabilities:
- Total Assets: $402,838
- Total Liabilities: $0
- Net Assets: $402,838
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Organization Details
Principal Officer
Ted Dang
NTEE Category
Code: L20Z - Housing
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