Overview
What is Cochran Villa Inc Co La Family Housing Corp?
Cochran Villa Inc Co La Family Housing Corp, situated in North Hollywood, California, is a nonprofit organization dedicated to providing affordable housing options for families with low income. Located at 7843 Lankershim Blvd, this 10-unit complex plays a significant role in the community by offering a home for those who might not otherwise be able to afford it. The organization's mission revolves around low-income housing, providing a vital service to families in need within the Los Angeles area.
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
Cochran Villa Inc Co La Family Housing Corp has received a Three-Star rating from Charity Navigator, with an overall score of 82%. This rating is based entirely on the organization's Accountability & Finance score, which reflects its transparency and financial health. The organization's performance in this area highlights solid governance practices, such as having a fully independent board and comprehensive policy documentation.
The charity excels in various aspects of accountability, boasting perfect scores for independent board membership, diversification of assets, and transparency in financial documentation. Notably, it has a high program expense ratio, indicating that nearly all its expenses are directed towards its mission-related activities, which is a strong point for potential donors evaluating its impact.
However, the organization has a concerning liability to assets ratio of 456.18%, which may suggest financial instability or excessive debt. This factor could be a limitation for those considering supporting the nonprofit, as it raises questions about its long-term sustainability and ability to navigate financial challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Cochran Villa Inc Co La Family Housing Corp legitimate?
Cochran Villa Inc Co La Family Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cochran Villa Inc Co La Family 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: $13,136
For more financial information, click here
Official website here: www.lafh.org
What is the mission statement of Cochran Villa Inc Co La Family Housing Corp?
Cochran Villa Inc Co La Family Housing Corp is dedicated to providing housing for families with low income. This non-profit organization offers a housing solution, ensuring that those in need have a place to call home. The mission of Cochran Villa Inc Co La Family Housing Corp is to make a positive impact on the lives of these families, providing them with a stable living environment. Although specific details about their overall goals or additional services are not provided, it is clear that their primary focus is on providing affordable housing.
Official website here: www.lafh.org
Who is the CEO of Cochran Villa Inc Co La Family Housing Corp?
Stephanie Klasy-Gamer is the Principal Officer of Cochran Villa Inc Co La Family Housing Corp.
Official website here: www.lafh.org
What is the revenue of Cochran Villa Inc Co La Family Housing Corp?
Cochran Villa Inc Co La Family Housing Corp's revenue in 2022 was $67,775.
Official website here: www.lafh.org
Who are the executives of Cochran Villa Inc Co La Family 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 Cochran Villa Inc Co La Family Housing Corp?
Cochran Villa Inc Co La Family Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafh.org
Learn more at the official website: www.lafh.org
Mission Statement of Cochran Villa Inc Co La Family Housing Corp
Cochran Villa Inc Co La Family Housing Corp is dedicated to providing housing solutions for families with low income levels. This nonprofit organization's mission is centered around offering a home to those who may not otherwise have access to one. Located in an undisclosed location, Cochran Villa Inc Co La Family Housing Corp operates a 10-unit complex specifically designed to accommodate these families. By providing housing, the organization aims to contribute positively to the lives of these individuals, offering them a stable living environment.
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Impact
August, 2024
Cochran Villa Inc Co La Family Housing Corp's impact can be seen in the provision of vital housing support to low-income families in Los Angeles, California. With a 10-unit complex located in North Hollywood, this organization offers a crucial lifeline for families facing financial constraints by providing them with a safe and affordable place to call home. By addressing the pressing need for low-income housing in the city, Cochran Villa Inc Co La Family Housing Corp plays a significant role in improving the living conditions and stability of vulnerable families in the community.
This information is meant to be a general summary of Cochran Villa Inc Co La Family 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 2022.
- Investment Income: $571
- Program Service Revenue: $67,204
- Gross Receipts: $67,775
Assets and Liabilities:
- Total Assets: $517,475
- Total Liabilities: $2,360,664
- Net Assets: -$1,843,189
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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
$67,204
LAUNDRY AND VENDING
Organization Details
Founding Year
1991
Phone
(818) 982-4091Principal Officer
Stephanie Klasy-Gamer
Main Address
7843 Lankershim Blvd, North Hollywood, CA, 91605
Website
www.lafh.orgNTEE Category
Code: Z99Z - Unknown
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