Overview
What is La Cienega Lomod Inc?
La Cienega Lomod Inc is a nonprofit organization with a primary mission to provide affordable housing for low-income families and individuals, including the elderly and handicapped. The corporation, located in Los Angeles, California, achieves this goal by leasing or purchasing properties and offering management services. In 2022, La Cienega Lomod Inc earned various management fees and distributions from partnerships in several housing projects, such as Aliso Village I and II, Dana Strand Senior Housing, Del Ray Square Senior Housing, Harbor Village, and Westlake MacArthur Park Apartments. The organization's mission is to contribute to the health, security, happiness, and usefulness of the families and elderly persons they serve, offering facilities and services tailored to their physical, social, and psychological needs.
Official website here: www.hacla.org
Is La Cienega Lomod Inc legitimate?
La Cienega Lomod Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Cienega Lomod 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: $220,715
For more financial information, click here
Official website here: www.hacla.org
What is the mission statement of La Cienega Lomod Inc?
La Cienega Lomod Inc's mission is centered around providing rental housing for families and elderly individuals with low to moderate incomes, on a non-profit basis. They aim to offer facilities and services specifically tailored to meet the physical, social, and psychological needs of these groups, contributing to their overall health, security, happiness, and usefulness in long-term living. The organization's primary goal is to enhance the quality of life for these individuals, ensuring their well-being and promoting their ability to live independently and with dignity.
Official website here: www.hacla.org
What is the revenue of La Cienega Lomod Inc?
La Cienega Lomod Inc's revenue in 2023 was $11,516,598.
Official website here: www.hacla.org
Who are the executives of La Cienega Lomod Inc and what are their salaries?
There 6 volunteers at La Cienega Lomod Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $260,112
- Other: $1,300
- Compensation: $0
- Related: $249,477
- Other: $0
- Compensation: $0
- Related: $183,980
- Other: $14,300
Official website here: www.hacla.org
Where can I find the form 990 for La Cienega Lomod Inc?
La Cienega Lomod Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hacla.org
Learn more at the official website: www.hacla.org
Mission Statement of La Cienega Lomod Inc
La Cienega Lomod Inc, a non-profit organization, is dedicated to providing rental housing for low-income families and elderly persons. This mission is carried out on a non-profit basis, ensuring that affordable housing is within reach for those who need it most. The organization goes beyond just offering housing; it also provides facilities and services specifically designed to address the physical, social, and psychological needs of these families and elderly individuals. By doing so, La Cienega Lomod Inc aims to contribute to their overall health, security, happiness, and usefulness in longer living. In essence, the non-profit seeks to create an environment where these individuals can thrive and lead fulfilling lives.
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Impact
October, 2024
La Cienega Lomod Inc significantly impacts the communities it serves by providing affordable rental housing for low and moderate-income families, including the elderly and handicapped individuals. The organization addresses a crucial need for accessible housing options, which contributes to the overall health, security, and happiness of its residents. By focusing on the specific physical, social, and psychological needs of these populations, La Cienega Lomod Inc fosters an environment that encourages longer, more fulfilling lives.
The organization's management of various housing partnerships exemplifies its commitment to this mission. In 2022, La Cienega Lomod Inc earned significant fees for managing housing services and generated additional miscellaneous revenues from its partnerships in several housing projects. This financial stability not only supports the ongoing provision of housing but also ensures that the organization can continue to develop related facilities and services tailored to enhance the living experience of its residents.
By facilitating stable housing and related services, La Cienega Lomod Inc plays a vital role in promoting social equity and supporting vulnerable populations, ultimately contributing to healthier communities in Los Angeles and beyond.
This information is meant to be a general summary of La Cienega Lomod 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: $1,939,835
- Program Service Revenue: $9,576,763
- Gross Receipts: $11,516,598
Assets and Liabilities:
- Total Assets: $36,692,071
- Total Liabilities: $34,660,295
- Net Assets: $2,031,776
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT AND DEVELOPMENT
Revenue
$9,576,734
K1 INCOME
Revenue
$29
Organization Details
Founding Year
1975
Principal Officer
Tina Smith-Booth
Website
www.hacla.orgNTEE Category
Code: L800 - Housing
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