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Ramona Estates Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953371140 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ramona Estates Inc?

Ramona Estates Inc, a nonprofit organization located in LOS ANGELES, CALIFORNIA (90059), is committed to providing affordable housing solutions for individuals with low income. Their primary mission revolves around ensuring that these individuals have access to decent and affordable living spaces. The organization's activities and mission remain focused on this core goal, offering a vital service for the underprivileged community in their area.

Is Ramona Estates Inc legitimate?

Ramona Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ramona Estates 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: $0

For more financial information, click here

What is the mission statement of Ramona Estates Inc?

Ramona Estates Inc, as a mission, is committed to providing affordable housing solutions for individuals with low income. This organization strives to make housing accessible for this demographic, ensuring they have a place to call home. By focusing on affordable housing, Ramona Estates Inc aims to contribute positively to the lives of those in need, providing them with a stable living environment. The organization's activities are centered around this mission, always seeking ways to make housing more affordable for low-income individuals.

Who is the CEO of Ramona Estates Inc?

Timothy Watkins is the President of Ramona Estates Inc.

What is the revenue of Ramona Estates Inc?

Ramona Estates Inc's revenue in 2022 was $127,419.

Who are the executives of Ramona Estates Inc and what are their salaries?

There 3 volunteers at Ramona Estates Inc.


Here are 3 key members and their salaries:


Timothy Watkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Messele Negash (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shamika Shoulders (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ramona Estates Inc?

Ramona Estates Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ramona Estates Inc

Ramona Estates Inc, as a nonprofit organization, is dedicated to providing an essential service. Its mission revolves around offering affordable housing to individuals who fall within the low-income bracket. By doing so, Ramona Estates Inc aims to contribute to the well-being of these individuals, ensuring they have a decent place to call home. This mission is a crucial step in promoting social equality and stability, providing a solid foundation for those who might otherwise struggle to secure affordable housing.

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Impact




October, 2024

Ramona Estates Inc plays a crucial role in addressing the housing needs of low-income individuals and families in Los Angeles, California. By providing affordable housing options, the organization helps to alleviate the financial burden faced by those who struggle to find safe and secure living conditions. This impact extends beyond mere shelter; it fosters stability, allowing residents to focus on other essential aspects of their lives, such as education and employment.

The availability of affordable housing also contributes to the overall well-being of communities by promoting diversity and inclusivity. By ensuring that low-income persons have access to quality housing, Ramona Estates Inc helps to combat homelessness and housing insecurity, creating a healthier environment for all residents. The organization's efforts not only improve individual lives but also strengthen the community as a whole, supporting economic development and social cohesion in the region.




This information is meant to be a general summary of Ramona Estates 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.

Revenue
$127,419 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $127,419
  • Gross Receipts: $127,419

Assets and Liabilities:

  • Total Assets: $4,046,619
  • Total Liabilities: $53,468
  • Net Assets: $3,993,151

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Organization Details

Founding Year

1978

Principal Officer

Timothy Watkins

Main Address

10950 SO CENTRAL AVE, LOS ANGELES, CA, 90059

NTEE Category

Code: L22Z - Housing

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