Overview
What is Santa Fe Apartments Corporation?
Santa Fe Apartments Corporation is a nonprofit organization situated in Los Angeles, California (specifically at 3460 S Broadway, CA 90007). Established with the mission of providing affordable housing options, this organization caters to individuals with low and moderate incomes. Despite the limited data provided, it is clear that their primary focus is on addressing the housing needs of this demographic. With a workforce of only two individuals, Santa Fe Apartments Corporation is a relatively small organization yet remains committed to its essential goal.
Is Santa Fe Apartments Corporation legitimate?
Santa Fe Apartments Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe Apartments 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: $74,318
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What is the mission statement of Santa Fe Apartments Corporation?
The Santa Fe Apartments Corporation was established with the intention of providing affordable housing options for individuals with modest and low incomes. Its primary mission is to cater to this specific demographic, ensuring they have access to reasonably priced housing. The organization's activities are centered around this purpose, aiming to make housing more accessible and affordable for those who require it most. By doing so, the corporation contributes to improving the living conditions and overall well-being of this segment of society.
What is the revenue of Santa Fe Apartments Corporation?
Santa Fe Apartments Corporation's revenue in 2023 was $747,167.
Who are the executives of Santa Fe Apartments Corporation and what are their salaries?
The average compensation at Santa Fe Apartments Corporation during 2023 was $37,159. There are 2 employees and 7 volunteers at Santa Fe Apartments Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Santa Fe Apartments Corporation?
Santa Fe Apartments Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Santa Fe Apartments Corporation
Santa Fe Apartments Corporation, established with a specific purpose, is dedicated to providing affordable housing options for individuals with low and moderate income levels. This mission is at the heart of the organization's operations, aiming to make housing accessible and affordable for those who might otherwise struggle to secure suitable living arrangements. By focusing on this critical need, Santa Fe Apartments Corporation contributes to the well-being and stability of its community, ensuring that a diverse range of individuals can secure a decent place to call home.
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Impact
October, 2024
Santa Fe Apartments Corporation plays a vital role in addressing the housing needs of low and moderate-income individuals in Los Angeles, California. By focusing on affordable housing, the organization helps to alleviate the challenges faced by families and individuals who may struggle to find safe and stable living conditions within the city’s competitive real estate market.
The impact of Santa Fe Apartments Corporation can be seen in several key areas:
1. **Increased Housing Accessibility**: The Corporation provides opportunities for low and moderate-income individuals to secure affordable housing, helping to reduce the gap in housing inequality.
2. **Community Stability**: By offering affordable living options, Santa Fe Apartments contributes to community stability, allowing individuals and families to establish roots and invest in their neighborhoods.
3. **Economic Relief**: Affordable housing options help relieve financial pressure on residents, freeing up resources for other essential needs such as education, healthcare, and savings.
4. **Support for Local Growth**: By fostering stable communities through affordable housing, the Corporation indirectly supports local economies, encouraging a more diverse and economically resilient population.
Overall, Santa Fe Apartments Corporation significantly enhances the quality of life for its residents and contributes positively to the broader Los Angeles community.
This information is meant to be a general summary of Santa Fe Apartments 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: $1,335
- Program Service Revenue: $453,615
- Gross Receipts: $747,167
Assets and Liabilities:
- Total Assets: $3,318,461
- Total Liabilities: $3,099,228
- Net Assets: $219,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$450,166
LAUNDRY & VENDING REVE
Revenue
$3,449
Organization Details
Founding Year
1968
Principal Officer
Ana Ponce
NTEE Category
Code: L200 - Housing
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