Overview
What is Hollywood Community Housing Corporation?
Hollywood Community Housing Corporation is a nonprofit organization based in Los Angeles, California, specifically at 5020 Santa Monica Blvd, 90029. Their primary focus is on low-income housing development, providing resident services, property management, and asset management. The corporation operates and maintains various properties, ensuring their long-term health for the benefit of the residents. As of December 31, 2022, they manage 360 units and plan to self-manage additional properties in the future. Their asset management department develops and implements strategies, supervising property management operations, analyzing financial performance, and overseeing property maintenance. The team actively seeks ways to lower operating expenses through green initiatives and energy savings programs. Hollywood Community Housing Corporation's mission is to transform communities by creating affordable housing that achieves design excellence, environmental sustainability, and respects the history, culture, and architecture of the communities they serve. With a workforce of 42 individuals, they strive to improve living conditions for those in need.
Official website here: www.hollywoodhousing.org
Is Hollywood Community Housing Corporation legitimate?
Hollywood Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hollywood Community Housing 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.
Here are some key statistics you may want to consider:
Executive Compensation: $573,979
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,371,276
For more financial information, click here
What is the mission statement of Hollywood Community Housing Corporation?
The Hollywood Community Housing Corporation's mission is to revitalize communities by constructing affordable housing that embodies design excellence and environmental sustainability. This is done while preserving the history, culture, and architecture of the neighborhoods they serve. Their housing operations encompass the management of properties and an asset management department, which formulates strategies to maintain the long-term health of their properties for the benefit of their residents. As of December 31, 2022, they manage 360 units, and they anticipate self-managing additional properties in future periods. The asset management team works diligently to reduce operating expenses, primarily through green initiatives and energy savings programs.
Official website here: www.hollywoodhousing.org
Who is the CEO of Hollywood Community Housing Corporation?
Sarah Letts is the Principal Officer of Hollywood Community Housing Corporation.
Official website here: www.hollywoodhousing.org
What is the revenue of Hollywood Community Housing Corporation?
Hollywood Community Housing Corporation's revenue in 2022 was $11,295,686.
Official website here: www.hollywoodhousing.org
Who are the executives of Hollywood Community Housing Corporation and what are their salaries?
The average compensation at Hollywood Community Housing Corporation during 2022 was $70,125. There are 42 employees and 11 volunteers at Hollywood Community Housing Corporation.
Here are 15 key members and their salaries:
- Sarah Davis Letts (Executive Director)
- Malen Rodriguez (Asset Mgmt. Director)
- Victoria Senna (Housing Dev. Director)
- Marcela L Rivera (Resident Svc Director)
- Neslihan Akkol (Former Director Of Development)
- Christopher French (Senior Assest Manager)
- Jim Young Suh (Former Controller)
- Father Michael D Gutierrez (President) [Trustee/Director]
- Nisha N Vyas (Vice President) [Trustee/Director]
- Rayne Laborde (Secretary & Treasurer) [Trustee/Director]
- Rocky Collis (Director)
- Cynthia Phung (Director)
- Elena Frias (Director)
- Lynn Hansen (Director)
- John Concannon (Director (Former))
Official website here: www.hollywoodhousing.org
Where can I find the form 990 for Hollywood Community Housing Corporation?
The Hollywood Community Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hollywoodhousing.org
Learn more at the official website: www.hollywoodhousing.org
Mission Statement of Hollywood Community Housing Corporation
Hollywood Community Housing Corporation, in its mission, strives to revitalize communities by constructing affordable housing that embodies design excellence and environmental sustainability. The organization is committed to preserving the historical, cultural, and architectural heritage of the areas it serves. The corporation's housing operations encompass the management of its properties and an asset management department that devises strategies to ensure the long-term well-being of its properties, benefiting its residents. As of December 31, 2022, Hollywood Community Housing Corporation manages 360 units, with plans to self-manage additional properties in future periods. The asset management team is proactive in seeking ways to reduce operating expenses, primarily through green initiatives and energy savings programs.
In its housing operations, Hollywood Community Housing Corporation oversees the operations of its properties, including managing leases, supervising property maintenance, analyzing financial performance, and imposing control over expenses. The team also mediates resident grievances and collaborates with the housing development department on design considerations for new buildings. By focusing on affordable housing development, environmental sustainability, and community preservation, Hollywood Community Housing Corporation endeavors to improve the living conditions and quality of life for its residents.
Impact
This information is meant to be a general summary of Hollywood Community Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Hollywood Community Housing Corporation's impact can be seen in its efforts to transform communities by creating affordable housing that achieves design excellence and environmental sustainability. By providing low-income housing development, resident services, property management, and asset management, HCHC is working to ensure the long-term health of its properties for the benefit of its residents. With a focus on lowering operating expenses through green initiatives and energy savings programs, HCHC is actively making a difference in the lives of individuals and families in Los Angeles, California.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$4,833,332
DEVELOPER FEES
Revenue
$660,000
MISCELLANEOUS REVENUE
Revenue
$641,236
PARTNERSHIP MGMT FEES
Revenue
$568,732
TENANT SERVICE FEES
Revenue
$85,152
Organization Details
Founding Year
1989
Phone
(323) 469-0710
Principal Officer
Sarah Letts
Main Address
5020 SANTA MONICA BLVD, LOS ANGELES, CA, 90029
Website
www.hollywoodhousing.org
NTEE Category
Code: L20I - Housing
If you are a representative of Hollywood Community Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.