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Housing Consortium Of The East Bay

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943298156 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Housing Consortium Of The East Bay?

The Housing Consortium of the East Bay is a nonprofit organization based in Oakland, California, located at 1204 Preservation Parkway 200. Their mission is dedicated to promoting and providing affordable and accessible housing for individuals with developmental disabilities. They manage and own various residential properties, including 20 group homes for 100 adults, 23 single family homes with shared housing for 69 individuals, and 4 apartment buildings for 59 individuals. Their activities encompass housing development, planning, technical assistance, resources development, property management, and housing services. The organization employs a team of 84 individuals to carry out their important mission.


Official website here: www.hceb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating

The Housing Consortium of the East Bay has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its overall financial health and transparency. While the organization has a solid program expense ratio of 95.30%, highlighting its commitment to allocating resources towards its mission, its overall Accountability & Finance Score of 66 suggests that there are areas for improvement in financial management practices.

Strengths of the organization include a fully independent board with eight members, which is a positive indicator of governance. Furthermore, the organization has robust policies in place regarding conflicts of interest, whistleblowing, and document retention, all contributing to its accountability framework. The high scores in these areas reflect a commitment to integrity and ethical practices.

However, the 67% rating suggests that potential donors and supporters should consider the organization's financial health more critically. While there are strong governance structures, the overall performance in financial accountability raises questions that warrant further investigation for those looking to support its initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Housing Consortium Of The East Bay legitimate?

Housing Consortium Of The East Bay is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Consortium Of The East Bay 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: $184,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,531,172

For more financial information, click here


Official website here: www.hceb.org

What is the mission statement of Housing Consortium Of The East Bay?

The Housing Consortium of the East Bay works diligently to promote and ensure the availability of affordable and accessible housing for individuals with developmental disabilities. Through their activities, which include housing development, planning, technical assistance, resources development, property management, and housing services, they strive to make a difference in the lives of those in need. Their focus is on providing homes for very low-income adults with disabilities or special needs. The Consortium manages group homes for 100 adults, shared housing in 23 single family homes for 69 individuals, and four apartment buildings for 59 individuals. Their mission is deeply rooted in making a positive impact on the lives of those with developmental disabilities by ensuring they have access to safe and affordable housing.


Official website here: www.hceb.org

Who is the CEO of Housing Consortium Of The East Bay?

Darin Lounds is the Board President of Housing Consortium Of The East Bay.


Official website here: www.hceb.org

What is the revenue of Housing Consortium Of The East Bay?

Housing Consortium Of The East Bay's revenue in 2022 was $12,664,944.


Official website here: www.hceb.org

Who are the executives of Housing Consortium Of The East Bay and what are their salaries?

The average compensation at Housing Consortium Of The East Bay during 2022 was $32,331. There are 84 employees and 6 volunteers at Housing Consortium Of The East Bay.


Here are 8 key members and their salaries:


Kristy Feck (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Perl (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bonnville (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheyenne Purrington (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suguna Vepa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Struthers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Lounds (Executive Director)
  • Compensation: $148,332
  • Related: $0
  • Other: $15,233
Forest Thomas (Controller (Resigned 01/22))
  • Compensation: $113,190
  • Related: $0
  • Other: $9,567


Official website here: www.hceb.org

Where can I find the form 990 for Housing Consortium Of The East Bay?

Housing Consortium Of The East Bay's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hceb.org

Learn more at the official website: www.hceb.org

Mission Statement of Housing Consortium Of The East Bay

The Housing Consortium Of The East Bay is a dedicated organization that strives to promote and ensure affordable housing and accessible living arrangements for individuals with developmental disabilities. Through their various activities, they focus on housing development, planning, technical assistance, resources development, property management, and housing services to cater to the unique needs of these individuals.

The Housing Consortium Of The East Bay manages and owns residential properties catering to very low-income adults with disabilities or special needs. Their portfolio includes 20 group homes, serving 100 adults, and 23 single family homes, providing shared housing for 69 individuals. Additionally, they oversee four apartment buildings, accommodating 59 individuals. By offering these housing solutions, the consortium plays a significant role in improving the living conditions and overall well-being of individuals with developmental disabilities.

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Impact




October, 2024

Housing Consortium of the East Bay significantly impacts the community by promoting and providing affordable and accessible housing for individuals with developmental disabilities. Through their comprehensive housing development and planning efforts, they directly address the critical need for suitable living arrangements for very low-income adults with disabilities or other special needs.

The organization manages a diverse array of residential properties, including 20 group homes, 23 single-family shared housing units, and 4 apartment buildings. This setup allows them to serve over 200 individuals, ensuring that each person has a safe and supportive living environment tailored to their unique needs. By offering property management and housing services, they enhance the quality of life for these individuals and promote their independence within the community.

Additionally, the Housing Consortium contributes to the creation of inclusive communities where individuals with disabilities can thrive. Their activities extend beyond just housing; they also provide technical assistance and resource development, equipping individuals and families with the knowledge and support necessary to navigate housing options effectively.

Overall, their work fosters stability, empowerment, and dignity for individuals with developmental disabilities, demonstrating a profound commitment to creating a more inclusive society.




This information is meant to be a general summary of Housing Consortium Of The East Bay. 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.

Revenue
$12,664,944 (2022)
Expenses
$10,295,467 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $453
  • Program Service Revenue: $11,268,473
  • Gross Receipts: $12,664,944

Assets and Liabilities:

  • Total Assets: $45,404,741
  • Total Liabilities: $32,740,898
  • Net Assets: $12,663,843

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASE INCOME

Revenue

$7,782,827

CONTRACT INCOME

Revenue

$3,108,339

MANGEMENT & BOOKEEPING

Revenue

$215,651

PROGRAM RELATED INCOME

Revenue

$161,656

Organization Details

Founding Year

1998

Principal Officer

Darin Lounds

Main Address

1204 PRESERVATION PARKWAY 200, OAKLAND, CA, 94612

NTEE Category

Code: P80 - Human services

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