Overview
What is City Heights Community Development Corporation?
City Heights Community Development Corporation is a nonprofit organization situated in San Diego, California. Its primary focus is to augment the availability and quality of affordable housing in the City Heights/Mid City area, managing 749 units of rental housing at 13 locations. These efforts serve approximately 3,000 tenant residents. The organization's mission is multi-faceted, aiming to promote affordable housing, quality jobs, and livable neighborhoods. It strives to enhance the quality of life in City Heights by working collaboratively with the community to create and maintain sustainable affordable housing, livable neighborhoods, and foster economic self-sufficiency. The organization currently employs 34 individuals.
Official website here: www.cityheightscdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
City Heights Community Development Corporation has achieved a perfect score of 100% on Charity Navigator, indicating exceptional performance in accountability and finance as well as a strong culture and community engagement. The organization has an outstanding Accountability & Finance score of 100, showcasing its financial health and transparency. This high rating reflects their effective management of resources, with a low liabilities to assets ratio and a program expense ratio that indicates a significant portion of funds is directed towards their programs.
The nonprofit also excels in constituent feedback, scoring 100 out of 100 points in areas such as feedback collection and usage. This demonstrates their commitment to incorporating community input into their operations, ensuring that their services are aligned with the needs of those they serve. Additionally, their equity strategies score is notably high at 97, further emphasizing their dedication to equitable practices within the community.
While the organization shows strong financial efficiency with a fundraising cost of just $0.05 per dollar raised, potential donors and supporters can have confidence in the sustainability of their operations, as indicated by a working capital ratio of 1.48 years. Overall, City Heights Community Development Corporation stands out as a well-managed nonprofit that effectively serves its community while maintaining transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is City Heights Community Development Corporation legitimate?
City Heights Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Heights Community Development Corporation 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: $1,259,104
For more financial information, click here
Official website here: www.cityheightscdc.org
What is the mission statement of City Heights Community Development Corporation?
The City Heights Community Development Corporation's mission is to enhance the quality of life in its community by collaborating with local residents. Their primary goal is to promote the creation and maintenance of affordable housing and livable neighborhoods. Furthermore, they strive to foster economic self-sufficiency, aiming to increase the availability and quality of affordable housing. They accomplish this by developing, owning, operating, or managing new decent housing and existing rental units. Their efforts serve approximately 3,000 tenant residents across various locations.
Official website here: www.cityheightscdc.org
Who is the CEO of City Heights Community Development Corporation?
Alexis Villanueva is the Chairman of City Heights Community Development Corporation.
Official website here: www.cityheightscdc.org
What is the revenue of City Heights Community Development Corporation?
City Heights Community Development Corporation's revenue in 2022 was $3,168,178.
Official website here: www.cityheightscdc.org
Who are the executives of City Heights Community Development Corporation and what are their salaries?
The average compensation at City Heights Community Development Corporation during 2022 was $37,032. There are 34 employees and 30 volunteers at City Heights Community Development Corporation.
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Official website here: www.cityheightscdc.org
Where can I find the form 990 for City Heights Community Development Corporation?
City Heights Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityheightscdc.org
Learn more at the official website: www.cityheightscdc.org
Mission Statement of City Heights Community Development Corporation
City Heights Community Development Corporation (CHCDC) is dedicated to improving the lives of its community members by promoting affordable housing, fostering quality jobs, and creating livable neighborhoods. Their mission is to enhance the quality of life in the community by collaborating with local residents to establish and maintain affordable housing and livable environments. By doing so, CHCDC aims to foster economic self-sufficiency within the community.
To achieve this mission, CHCDC works diligently to increase the availability and quality of affordable housing in the area. They have developed, owned, operated, and served as managing general partner for new decent housing, as well as managing 749 units of rental housing at 13 different locations. As a result, approximately 3,000 tenant residents have benefited from their services. By providing affordable housing, CHCDC enables families and individuals to concentrate on their personal growth and financial stability, thereby contributing positively to the overall social and economic well-being of the community.
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Impact
July, 2024
City Heights Community Development Corporation's impact is significant in promoting affordable housing, quality jobs, and livable neighborhoods in San Diego, California. By increasing the availability and quality of affordable housing in City Heights and Mid City, this organization has developed, owned, operated, and managed general partner roles in new decent housing and existing 749 units of rental housing at 13 locations, serving approximately 3,000 tenant residents. Their mission to enhance the quality of life in City Heights by working with the community to create and sustain quality affordable housing and livable neighborhoods, while fostering economic self-sufficiency, falls under the tag "Community improvement." Overall, City Heights Community Development Corporation plays a crucial role in addressing housing needs and promoting economic stability in the region.
This information is meant to be a general summary of City Heights Community Development Corporation. 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: $67,667
- Program Service Revenue: $271,464
- Gross Receipts: $3,588,633
Assets and Liabilities:
- Total Assets: $5,289,678
- Total Liabilities: $488,012
- Net Assets: $4,801,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES FEES
Revenue
$194,542
PROPERTY MANAGEMENT
Revenue
$76,922
Organization Details
Founding Year
1981
Phone
(619) 584-1535Principal Officer
Alexis Villanueva
Main Address
4001 EL CAJON BLVD STE 205, SAN DIEGO, CA, 92105
Website
www.cityheightscdc.orgNTEE Category
Code: S31Z - Community improvement
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