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Corporate Fund For Housing

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

EIN: 953935881 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Corporate Fund For Housing?

Corporate Fund For Housing is a nonprofit organization, specifically located at 3590 Elm Avenue, Long Beach, California. Its primary mission is to provide affordable housing for senior and low-income individuals. To accomplish this, the organization owns a mobile home park, serving as a means to fulfill its purpose of alleviating governmental burdens. By offering this essential service, Corporate Fund For Housing contributes to the well-being of those in need, providing them with a viable housing solution.


Official website here: www.linchousing.org

Is Corporate Fund For Housing legitimate?

Corporate Fund For Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporate Fund For Housing 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


Official website here: www.linchousing.org

What is the mission statement of Corporate Fund For Housing?

Corporate Fund For Housing is committed to providing affordable housing for senior and low-income individuals. This organization owns a mobile home park as part of its mission to alleviate governmental burdens. Its primary objective is to offer affordable living spaces to those in need, contributing to a more equitable housing landscape. The corporation's dedication extends beyond just providing housing, aiming to lessen the financial pressures often associated with securing suitable living arrangements.


Official website here: www.linchousing.org

Who is the CEO of Corporate Fund For Housing?

Richard Garcia is the President of Corporate Fund For Housing.


Official website here: www.linchousing.org

What is the revenue of Corporate Fund For Housing?

Corporate Fund For Housing's revenue in 2022 was $9,329,954.


Official website here: www.linchousing.org

Who are the executives of Corporate Fund For Housing and what are their salaries?


Here are 3 key members and their salaries:


Richard Garcia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Winer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Powers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.linchousing.org

Where can I find the form 990 for Corporate Fund For Housing?

Corporate Fund For Housing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.linchousing.org

Learn more at the official website: www.linchousing.org

Mission Statement of Corporate Fund For Housing

Corporate Fund For Housing, as a mission-driven organization, is dedicated to providing affordable housing for senior and low-income individuals. By owning a mobile home park, this nonprofit aims to alleviate the burdens placed on government bodies. In line with its purpose, Corporate Fund For Housing offers accommodations that are affordable, thereby making a significant contribution to the lives of those in need.

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Impact




October, 2024

Corporate Fund For Housing significantly impacts the community by providing affordable housing options for seniors and low-income individuals in Long Beach, CA. By operating a mobile home park, it addresses the critical need for accessible housing, alleviating financial pressures on vulnerable populations. This initiative helps to lessen the burdens on government resources while enhancing the quality of life for residents. The organization's commitment to offering stable, affordable living conditions plays a vital role in supporting those in need, fostering a sense of community and security among its residents.




This information is meant to be a general summary of Corporate Fund For Housing. 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
$9,329,954 (2022)
Expenses
$8,272,100 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $401,995
  • Program Service Revenue: $8,927,959
  • Gross Receipts: $9,329,954

Assets and Liabilities:

  • Total Assets: $85,802,701
  • Total Liabilities: $77,894,715
  • Net Assets: $7,907,986

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$8,927,959

Organization Details

Founding Year

1984

Principal Officer

Richard Garcia

Main Address

3590 ELM AVENUE, LONG BEACH, CA, 90807

NTEE Category

Code: L200 - Housing

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