Overview
What is Calexico Plaza Development Corp?
Calexico Plaza Development Corp is a nonprofit organization that was previously involved in managing a low-income housing apartment complex under Section 202 of the National Housing Act. After selling the property in March 2021, the organization has shifted its focus to supporting other low-income housing projects by investing in related charities. This transition reflects their commitment to addressing housing needs within their community.
Is Calexico Plaza Development Corp legitimate?
Calexico Plaza Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calexico Plaza Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Calexico Plaza Development Corp?
Calexico Plaza Development Corp, previously managing a low-income housing apartment complex, sold the property in 2021. Post-sale, the organization has shifted its focus to providing support for various low-income housing projects. Utilizing its investment holdings, the corporation aims to contribute to other public charities, continuing its commitment to affordable housing solutions.
What is the revenue of Calexico Plaza Development Corp?
Calexico Plaza Development Corp's revenue in 2023 was $181,107.
Who are the executives of Calexico Plaza Development Corp and what are their salaries?
There 5 volunteers at Calexico Plaza Development Corp.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Calexico Plaza Development Corp?
Calexico Plaza Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Calexico Plaza Development Corp
Calexico Plaza Development Corp, previously responsible for managing a low-income housing apartment complex, has transitioned its focus following the sale of the property in 2021. The organization now aims to provide support for various other low-income housing projects. With its investment holdings, Calexico Plaza Development Corp intends to contribute to public charities, continuing its mission to improve housing conditions for those in need. The organization's shift in focus reflects its commitment to addressing the ongoing need for affordable housing options, utilizing its resources to drive positive change in this area.
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Impact
October, 2024
Calexico Plaza Development Corp has played a significant role in the housing landscape, particularly by addressing the needs of low-income communities. Previously operating a low-income housing apartment complex under Section 202 of the National Housing Act, the organization directly contributed to providing affordable housing options until the property was sold in March 2021.
Moving forward, the organization intends to leverage its investment holdings to support new low-income housing projects and enhance community resources. This commitment to funding and assisting other public charities aligns with its mission to continue promoting affordable housing initiatives, directly impacting the availability of housing for low-income families. By redirecting its focus and resources, Calexico Plaza Development Corp aims to foster sustainable housing solutions that can adapt to the evolving needs of the communities it serves, ensuring lasting benefits for those in need.
This information is meant to be a general summary of Calexico Plaza Development 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 2023.
- Investment Income: $181,107
- Gross Receipts: $181,107
Assets and Liabilities:
- Total Assets: $9,694,097
- Total Liabilities: $0
- Net Assets: $9,694,097
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Organization Details
Founding Year
1984
Principal Officer
Rodrigo Valdivia
NTEE Category
Code: L21 - Housing
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