Overview
What is Arirang Housing Inc C/O Hdsi Management Inc?
Arirang Housing Inc, under the management of Hdsi Management Inc, is a nonprofit organization dedicated to providing affordable housing options for low-income, elderly, and disabled individuals. Their primary mission is to offer low-cost housing, ensuring that these vulnerable groups have access to decent living spaces. The organization remains committed to this purpose, contributing positively to the housing landscape and supporting the well-being of its intended residents.
Is Arirang Housing Inc C/O Hdsi Management Inc legitimate?
Arirang Housing Inc C/O Hdsi Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arirang Housing Inc C/O Hdsi Management Inc 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: $80,188
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What is the mission statement of Arirang Housing Inc C/O Hdsi Management Inc?
Arirang Housing Inc. C/O Hdsi Management Inc., as outlined in its mission, is committed to providing low-cost housing for the elderly and disabled individuals. The primary goal is to ensure that decent rental housing is accessible and affordable for individuals with low and moderate income. The organization's purpose for building the Arirang Housing Apartment Complex is to cater to this specific demographic, offering them a suitable living environment. While the mission statement itself is not provided, the activity or mission description suggests that Arirang Housing Inc. is dedicated to making a positive impact in the lives of the elderly and disabled by providing them with housing solutions.
What is the revenue of Arirang Housing Inc C/O Hdsi Management Inc?
Arirang Housing Inc C/O Hdsi Management Inc's revenue in 2023 was $480,243.
Who are the executives of Arirang Housing Inc C/O Hdsi Management Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Arirang Housing Inc C/O Hdsi Management Inc?
Arirang Housing Inc C/O Hdsi Management Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arirang Housing Inc C/O Hdsi Management Inc
Arirang Housing Inc C/O Hdsi Management Inc, as its name suggests, is dedicated to providing low-cost housing solutions for elderly and disabled individuals. The primary objective of this nonprofit organization is to make decent rental housing affordable for individuals with modest incomes. By doing so, Arirang Housing Inc contributes to ensuring that vulnerable members of society have access to secure and comfortable living environments. The purpose of Arirang Housing Apartment Complex, a project undertaken by the organization, is to cater to the housing needs of these individuals, thereby promoting their overall well-being and quality of life.
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Impact
October, 2024
Arirang Housing Inc C/O Hdsi Management Inc plays a vital role in addressing the housing needs of vulnerable populations in Los Angeles, specifically targeting low and moderate-income elderly and disabled individuals. By providing low-cost rental housing options, the organization ensures that these groups have access to decent living conditions that might otherwise be unaffordable.
The impact of Arirang Housing extends beyond just offering shelter; it contributes to the overall well-being and stability of its residents. Secure and affordable housing is essential for fostering independence among elderly and disabled persons, enabling them to manage daily living more effectively without the stress of financial burdens related to housing costs.
Additionally, the provision of suitable housing helps to alleviate some of the societal pressures associated with homelessness and housing insecurity, promoting a healthier community overall. As such, Arirang Housing Inc serves as a cornerstone in Los Angeles for ensuring that some of the city's most vulnerable residents can find a safe and welcoming place to call home.
This information is meant to be a general summary of Arirang Housing Inc C/O Hdsi Management 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.
- Investment Income: $8,789
- Program Service Revenue: $257,432
- Gross Receipts: $480,243
Assets and Liabilities:
- Total Assets: $4,676,733
- Total Liabilities: $10,245,525
- Net Assets: -$5,568,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$257,432
Organization Details
Founding Year
1993
Principal Officer
Changhai Ahn
NTEE Category
Code: L22 - Housing
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