Overview
What is Innovative Housing Opportunities Inc?
Innovative Housing Opportunities Inc., established in 1976, is a distinguished nonprofit organization based in Santa Ana, California. With a focus on California, it has developed and advocated for high-quality, permanent rental homes for low to moderate-income residents, expanding its portfolio to include diverse housing communities. These communities cater to various income levels, populations, and uses, offering holistic resident services and programs that enrich lives, promote social equity, and bolster economic self-reliance for families, seniors, and special needs residents. With an award-winning approach, Innovative Housing Opportunities Inc. continues its mission by providing top-notch affordable housing and integrated support services, thereby strengthening communities and fostering social equality.
Official website here: www.ihocommunities.org
Is Innovative Housing Opportunities Inc legitimate?
Innovative Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovative Housing Opportunities 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: $394,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $782,745
For more financial information, click here
Official website here: www.ihocommunities.org
What is the mission statement of Innovative Housing Opportunities Inc?
Innovative Housing Opportunities Inc, as a recognized nonprofit organization, enriches lives and strengthens communities by providing high-quality, affordable housing with integrated support services. Their mission is to advance social equity, and they have been doing so since 1976 in California. Their portfolio includes various housing communities, catering to low to moderate-income residents, offering integrated, holistic resident services and programs. The aim is to accelerate the economic self-reliance of families, seniors, and special needs residents, thereby contributing to the overall well-being and progress of the communities they serve.
Official website here: www.ihocommunities.org
Who is the CEO of Innovative Housing Opportunities Inc?
Rochelle Mills is the CEO of Innovative Housing Opportunities Inc The CEO's salary of Innovative Housing Opportunities Inc is $245,940 and their total compensation is $245,940.
Official website here: www.ihocommunities.org
What is the revenue of Innovative Housing Opportunities Inc?
Innovative Housing Opportunities Inc's revenue in 2023 was $3,020,182.
Official website here: www.ihocommunities.org
Who are the executives of Innovative Housing Opportunities Inc and what are their salaries?
The average compensation at Innovative Housing Opportunities Inc during 2023 was $90,544. There are 13 employees and 10 volunteers at Innovative Housing Opportunities Inc.
Here are 16 key members and their salaries (Innovative Housing Opportunities Inc's CEO's salary is $245,940 and their total compensation is $245,940):
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Official website here: www.ihocommunities.org
Where can I find the form 990 for Innovative Housing Opportunities Inc?
Innovative Housing Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ihocommunities.org
Learn more at the official website: www.ihocommunities.org
Mission Statement of Innovative Housing Opportunities Inc
Innovative Housing Opportunities Inc, an award-winning nonprofit organization, enriches lives, strengthens communities, and advances social equity by providing high-quality affordable housing with integrated support services. Established in 1976, this nonprofit has been dedicated to developing and advocating for permanent rental homes for low to moderate-income residents in California. Their portfolio includes a variety of housing communities, ranging from affordable to mixed-income, mixed-population, and mixed-use. These communities come equipped with holistic resident services and programs designed to enhance lives, promote social equity, and accelerate the economic self-reliance of families, seniors, and special needs residents. Through their integrated support services, Innovative Housing Opportunities Inc aims to create sustainable living environments that empower individuals and contribute to the betterment of the communities they serve.
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Impact
October, 2024
Innovative Housing Opportunities Inc has a profound impact on communities by developing high-quality, affordable housing tailored for low to moderate-income residents in California, particularly since 1976. Their projects focus on creating permanent rental homes that promote mixed-income and mixed-use environments, fostering diversity and inclusivity.
The organization champions social equity by not only providing housing but also integrating holistic resident services and programs that enrich lives and promote economic self-reliance. This approach strengthens communities and ensures that families, seniors, and individuals with special needs have access to the resources they require for a better quality of life.
Through its commitment to innovation in housing development, Innovative Housing Opportunities Inc advances the well-being of residents and contributes to the overall upliftment of the neighborhoods it serves, creating lasting change and opportunity for a more equitable future.
This information is meant to be a general summary of Innovative Housing Opportunities 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: $32,063
- Program Service Revenue: $1,671,022
- Gross Receipts: $3,020,182
Assets and Liabilities:
- Total Assets: $14,844,069
- Total Liabilities: $1,068,467
- Net Assets: $13,775,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$707,375
PROJECT INTEREST INCOM
Revenue
$315,995
PARTNERSHIP INVESTMENT
Revenue
$226,156
RENTAL INCOME
Revenue
$191,586
PARTNERSHIP MANAGEMENT
Revenue
$108,000
Organization Details
Founding Year
1976
Principal Officer
Rochelle Mills
Website
www.ihocommunities.orgNTEE Category
Code: L80 - Housing
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