Overview
What is Civic Center Barrio Housing Corp?
Civic Center Barrio Housing Corp is a nonprofit organization based in Santa Ana, California, specifically at 1277 South Lyon Street Suite 505. Their primary mission is to provide affordable housing solutions for low-income families, with service areas primarily in Santa Ana, Fullerton, and Chula Vista. They have approximately 128 units of rental housing, primarily funded through rental income and property management fees derived from various housing projects and residential units within the Town Square Homeowners Association. Their activities revolve around developing and providing affordable housing options for families in need within Southern California.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79% (Three-Star out of Four Star rating)
Civic Center Barrio Housing Corp has earned a Three-Star rating from Charity Navigator, indicating a solid level of performance in nonprofit accountability and financial health. With a strong score of 79%, the organization demonstrates effective management and transparency, particularly with 100% of its board members being independent and the implementation of essential policies such as conflict of interest and whistleblower policies.
The organization shows a commendable commitment to its financial oversight, earning full points for its audit and oversight committee, as well as for maintaining thorough board meeting minutes. However, while the program expense ratio is impressive at nearly 80%, the liabilities to assets ratio raises a concern, highlighting a potential issue with financial liabilities that may impact its overall stability.
In summary, Civic Center Barrio Housing Corp performs well in many areas of governance and programmatic effectiveness, but stakeholders should be aware of the organization's higher liabilities relative to its assets. This factor may warrant further scrutiny when assessing the long-term financial health of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Civic Center Barrio Housing Corp legitimate?
Civic Center Barrio Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civic Center Barrio 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: $103,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,299
For more financial information, click here
What is the mission statement of Civic Center Barrio Housing Corp?
Civic Center Barrio Housing Corp's mission is centered around developing and providing affordable housing options for low-income families residing in Southern California. Through their activities, they aim to make a significant impact in the lives of these families by offering them suitable living spaces. The organization primarily funds its services through rental income and property management fees derived from various housing projects. As of now, they manage approximately 128 rental housing units, with main service areas in cities such as Santa Ana, Fullerton, and Chula Vista. The organization's contributions extend to the acquisition and development of 10 housing projects and 36 separate residential units within the Town Square Homeowners Association.
Who is the CEO of Civic Center Barrio Housing Corp?
Ronnie Sandoval is the Secretary/Tr of Civic Center Barrio Housing Corp.
What is the revenue of Civic Center Barrio Housing Corp?
Civic Center Barrio Housing Corp's revenue in 2022 was $4,271,432.
Who are the executives of Civic Center Barrio Housing Corp and what are their salaries?
The average compensation at Civic Center Barrio Housing Corp during 2022 was $19,617. There are 10 employees at Civic Center Barrio Housing Corp.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $103,867
- Related: $0
- Other: $0
Where can I find the form 990 for Civic Center Barrio Housing Corp?
Civic Center Barrio Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Civic Center Barrio Housing Corp
Civic Center Barrio Housing Corp is dedicated to a significant mission: developing and providing affordable housing solutions for low-income families residing in Southern California. Through their initiatives, the organization aims to make housing more accessible for those who are financially disadvantaged.
Their primary objective is to create and manage affordable rental housing units, offering a much-needed shelter for families in need. To accomplish this, Civic Center Barrio Housing Corp has developed and acquired various housing projects, totaling approximately 128 rental units. These projects are spread across key cities in Southern California, such as Santa Ana, Fullerton, and Chula Vista.
To ensure the sustainability of their services, the organization primarily relies on rental income generated from these housing units and property management fees. In addition to this, they have also developed 36 residential units within the Town Square Homeowners Association, further expanding their affordable housing options. By providing these housing solutions, Civic Center Barrio Housing Corp plays a pivotal role in improving the living conditions of low-income families in Southern California.
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Impact
July, 2024
Civic Center Barrio Housing Corp's impact is significant in providing affordable housing for low-income families in Southern California. They have developed and maintained approximately 128 units of rental housing in cities such as Santa Ana, Fullerton, and Chula Vista. Through their efforts, they have helped to address the need for affordable housing in the region and have positively impacted the lives of many low-income families by providing them with safe and affordable housing options. Their work is funded primarily through rental income and property management fees, enabling them to continue their mission of serving those in need of affordable housing.
This information is meant to be a general summary of Civic Center Barrio 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: $2,473,609
- Program Service Revenue: $1,797,823
- Gross Receipts: $4,607,823
Assets and Liabilities:
- Total Assets: $4,989,980
- Total Liabilities: $12,060,860
- Net Assets: -$7,070,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUES
Revenue
$1,622,554
MANAGEMENT FEES
Revenue
$106,901
NET PARTNERSHIP INCOME
Revenue
$46,731
OTHER REVENUES
Revenue
$21,637
Organization Details
Founding Year
1980
Phone
(714) 835-0406Principal Officer
Ronnie Sandoval
Main Address
1277 SOUTH LYON ST SUITE 505, SANTA ANA, CA, 92705
NTEE Category
Code: L200 - Housing
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