Overview
What is Los Angeles Center For Affordable T Housing?
The Los Angeles Center for Affordable Housing is a nonprofit organization situated in Sherman Oaks, California. Their primary mission is to preserve affordable housing for low-income residents. They achieve this by offering outreach and training programs to residents living in HUD-subsidized housing. The organization's activities are centered around maintaining affordable housing options for those in need, thereby contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Los Angeles Center for Affordable T Housing has achieved an impressive 97% rating, indicating a high level of accountability and transparency in its operations. The organization boasts a perfect score for its independent board, with 100% of its members being independent. This strong governance structure is complemented by robust policies addressing conflicts of interest, whistleblowing, and document retention.
The financial health of the organization is notable, with a liabilities to assets ratio of 46.57%, showcasing sound management of resources. Additionally, the organization excels in program expenses, achieving a 100% program expense ratio, which suggests that nearly all of its resources are channeled into its core mission. This dedication to effective programming highlights the center's commitment to serving its community.
While the data portrays a highly effective and well-managed organization, continuous scrutiny and community feedback will be essential to maintaining these standards. Overall, the Los Angeles Center for Affordable T Housing appears to be a responsible and impactful nonprofit in its efforts to provide affordable housing.
This AI summary has been generated from information found on Charity Navigator.
Is Los Angeles Center For Affordable T Housing legitimate?
Los Angeles Center For Affordable T Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Center For Affordable T 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.
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What is the mission statement of Los Angeles Center For Affordable T Housing?
The Los Angeles Center for Affordable Housing is dedicated to preserving affordable housing options for low-income residents. This mission is carried out through various activities, including outreach and training programs for residents living in housing subsidized by the HUD. The center's primary goal is to ensure that affordable housing remains accessible to those who need it the most, thereby contributing to a more equitable living environment. By preserving affordable housing, the center aims to provide stability and security to its residents, enabling them to focus on other aspects of their lives. The center's efforts are instrumental in promoting social inclusion and dignity for low-income individuals, thereby fostering a sense of community and well-being.
What is the revenue of Los Angeles Center For Affordable T Housing?
Los Angeles Center For Affordable T Housing's revenue in 2023 was $0.
Who are the executives of Los Angeles Center For Affordable T Housing and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Los Angeles Center For Affordable T Housing?
Los Angeles Center For Affordable T Housing's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Los Angeles Center For Affordable T Housing
The Los Angeles Center for Affordable Housing is dedicated to preserving affordable housing options for low-income residents. In pursuing this mission, the organization engages in outreach and training initiatives within HUD-subsidized housing. By doing so, it aims to empower and equip those living in these housing units, ensuring they have the necessary resources and knowledge to sustain their living situations. The Los Angeles Center for Affordable Housing is committed to preserving and enhancing the living conditions of its constituents, thereby contributing to a more equitable and inclusive community.
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Impact
October, 2024
The Los Angeles Center for Affordable Housing has a significant impact on low-income residents by preserving affordable housing options in the region. Through outreach and training initiatives, the organization empowers residents in HUD-subsidized housing, equipping them with the knowledge and resources necessary to navigate housing challenges. This focus not only helps to stabilize communities but also enhances the quality of life for residents who are often at risk of displacement. By maintaining affordable housing stock, the center plays a crucial role in fostering economic diversity and stability within the city of Sherman Oaks, CA.
This information is meant to be a general summary of Los Angeles Center For Affordable T 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $1,580
Assets and Liabilities:
- Total Assets: $76,879
- Total Liabilities: $35,481
- Net Assets: $41,398
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Organization Details
Founding Year
1995
Principal Officer
Suzanne Burrall
NTEE Category
Code: L80Z - Housing
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