Overview
What is Santa Barbara Community Housing Corp?
Santa Barbara Community Housing Corp is a nonprofit organization situated in Santa Barbara, California. Its primary mission is to provide safe and affordable housing for individuals with low to moderate income, including those with special needs. The corporation manages over 300 housing units across 14 multi-family properties, currently housing approximately 500 residents. Additionally, it oversees various related nonprofit entities that contribute to housing solutions for this demographic. The organization operates as a California nonprofit benefit corporation, pursuing innovative methods to address the pressing need for more housing in the region. With a workforce of 19 individuals, Santa Barbara Community Housing Corp is dedicated to enhancing the living conditions of underserved communities.
Official website here: www.chcsb.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Santa Barbara Community Housing Corp has earned a high score of 96%, reflecting its strong commitment to accountability and finance. This rating is solely based on its fiscal practices, indicating that the organization has robust financial health and governance structures in place. The charity's full compliance with accountability standards, such as maintaining a completely independent board and implementing effective oversight mechanisms, enhances its credibility.
The organization demonstrates exemplary financial management, with a program expense ratio of 85.78%, meaning that a significant majority of its resources are directed toward its mission. Additionally, the charity's low liabilities to assets ratio of 48.47% further signals its financial stability. The presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention reflects a well-structured governance framework aimed at transparency and ethical operation.
While the high score showcases the organization's strengths, it is essential to note that this evaluation focuses primarily on financial accountability. Users seeking insights into the effectiveness or impact of the programs offered by Santa Barbara Community Housing Corp may need to look for additional data beyond financial metrics to gain a complete understanding of the nonprofit's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Barbara Community Housing Corp legitimate?
Santa Barbara Community Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Barbara Community Housing Corp 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: $523,204
For more financial information, click here
Official website here: www.chcsb.com
What is the mission statement of Santa Barbara Community Housing Corp?
The Santa Barbara Community Housing Corp, established as a non-profit public benefit corporation, is committed to providing safe and affordable housing for individuals with low to moderate income. Expanding beyond its role in property management, the organization actively seeks and explores solutions to address the pressing need for more housing, particularly for underserved individuals in the region. The corporation also focuses on special needs housing, demonstrating its dedication to catering to a diverse range of populations.
Official website here: www.chcsb.com
Who is the CEO of Santa Barbara Community Housing Corp?
Andrew Roteman is the President of Santa Barbara Community Housing Corp.
Official website here: www.chcsb.com
What is the revenue of Santa Barbara Community Housing Corp?
Santa Barbara Community Housing Corp's revenue in 2022 was $2,872,358.
Official website here: www.chcsb.com
Who are the executives of Santa Barbara Community Housing Corp and what are their salaries?
The average compensation at Santa Barbara Community Housing Corp during 2022 was $27,537. There are 19 employees at Santa Barbara Community Housing Corp.
Here are 9 key members and their salaries:
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Official website here: www.chcsb.com
Where can I find the form 990 for Santa Barbara Community Housing Corp?
Santa Barbara Community Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chcsb.com
Learn more at the official website: www.chcsb.com
Mission Statement of Santa Barbara Community Housing Corp
Santa Barbara Community Housing Corp, a California-based non-profit organization, is dedicated to providing safe and affordable housing for individuals of low to moderate income. The corporation goes beyond just managing properties, actively seeking and exploring solutions to address the pressing need for more housing in the region. Their mission extends to catering to the unique needs of under-served individuals, ensuring that everyone has access to a secure living space. The organization strives to make a significant impact in the community by addressing the housing shortage, one step at a time.
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Impact
July, 2024
Santa Barbara Community Housing Corp's impact is evident through its dedication to providing safe and affordable housing for individuals of low to moderate income in the region. By managing 14 multi-family properties totaling more than 300 units with approximately 500 residents, the organization is actively addressing the pressing need for accessible housing. Additionally, some residents receive support services, emphasizing the holistic approach taken by the organization to support its community. Through both government and private sector funding, Santa Barbara Community Housing Corp is making a tangible difference in the lives of under-served individuals by offering housing solutions and exploring ways to meet the challenging demand for more housing in the area.
This information is meant to be a general summary of Santa Barbara Community Housing Corp. 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 2022.
- Investment Income: $17,386
- Program Service Revenue: $2,466,972
- Gross Receipts: $2,872,358
Assets and Liabilities:
- Total Assets: $11,195,902
- Total Liabilities: $5,441,907
- Net Assets: $5,753,995
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINTENANCE FEES
Revenue
$379,178
MANAGEMENT FEES
Revenue
$613,849
OTHER INCOME
Revenue
$32,742
RENTAL INCOME
Revenue
$1,441,203
Organization Details
Founding Year
1975
Phone
(805) 963-9644Principal Officer
Andrew Roteman
Main Address
11 EAST HALEY STREET, SANTA BARBARA, CA, 93101
Website
www.chcsb.comNTEE Category
Code: L200 - Housing
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