Overview
What is Lafh Permanent Housing Corp?
Lafh Permanent Housing Corp is a nonprofit organization, specifically identified as Lafh Permanent Housing Corp. I (CASA Central), based in North Hollywood, California. Their primary mission involves providing permanent housing solutions for low-income families, as evidenced by their acquisition and management of a 6-unit complex in Los Angeles. The organization's activities are geared towards this mission, offering a stable living environment for those in need.
Official website here: www.lafh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
Lafh Permanent Housing Corp has achieved a commendable rating of 82%, indicating a strong performance in accountability and finance. The organization is noted for its commitment to transparency and governance, highlighted by its fully independent board of 25 members and the absence of any material diversion of assets. This is a positive reflection of the integrity and reliability of the organization in managing its resources.
The charity also demonstrates robust policies regarding conflict of interest, whistleblower protections, and document retention, all of which contribute to its high accountability score. Furthermore, with a program expense ratio of 100%, the organization effectively allocates its funds toward its mission, ensuring that donations are directed towards impactful programs.
While the overall score is solid, it is based solely on the accountability and finance beacon, which may limit insights into other operational aspects such as program effectiveness and community engagement. Nonetheless, the organization shows a strong foundation in governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Lafh Permanent Housing Corp legitimate?
Lafh Permanent Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafh Permanent 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,331
For more financial information, click here
Official website here: www.lafh.org
What is the mission statement of Lafh Permanent Housing Corp?
Lafh Permanent Housing Corp, through its subsidiary CASA Central, was established with the mission to provide permanent housing for low-income families. The corporation owns a six-unit complex located in an unspecified location, which serves as a residence for families who fall under the low-income bracket. The primary objective of Lafh Permanent Housing Corp is to offer a stable living environment for these families, thereby contributing to their overall well-being and improvement of their living conditions.
Official website here: www.lafh.org
What is the revenue of Lafh Permanent Housing Corp?
Lafh Permanent Housing Corp's revenue in 2023 was $41,922.
Official website here: www.lafh.org
Who are the executives of Lafh Permanent Housing Corp and what are their salaries?
Here are 24 key members and their salaries:
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Official website here: www.lafh.org
Where can I find the form 990 for Lafh Permanent Housing Corp?
Lafh Permanent Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lafh.org
Learn more at the official website: www.lafh.org
Mission Statement of Lafh Permanent Housing Corp
Lafh Permanent Housing Corp, a nonprofit organization, is established with a mission to provide permanent housing for low-income families. Specifically, the corporation owns a 6-unit complex located in an undisclosed location, which serves as a sanctuary for families struggling financially. By offering this form of long-term housing, Lafh Permanent Housing Corp aims to contribute to the stability and well-being of its residents, enabling them to focus on other essential aspects of their lives. The corporation's commitment to this cause is evident through its operation of the 6-unit complex in Los Angeles, California, which has successfully provided a home for families in need.
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Impact
August, 2024
LAFH Permanent Housing Corp's impact is crucial in providing permanent housing for low-income families in Los Angeles, California. By owning and managing Casa Central, a 6-unit complex in North Hollywood, LAFH Permanent Housing Corp is directly addressing the housing needs of families with low incomes in the area. Through this initiative, the organization is contributing to the stability and well-being of these families, offering them a safe and affordable place to call home.
This information is meant to be a general summary of Lafh Permanent 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 2023.
- Investment Income: $196
- Program Service Revenue: $41,726
- Gross Receipts: $41,922
Assets and Liabilities:
- Total Assets: $232,623
- Total Liabilities: $1,192,308
- Net Assets: -$959,685
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$41,508
LAUNDRY AND VENDING
Revenue
$218
Organization Details
Founding Year
1987
Principal Officer
Stephanie Klasky-Gamer
Website
www.lafh.orgNTEE Category
Code: L20Z - Housing
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