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Santa Monica New Hope Courtyard Apartments

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

EIN: 954479136 ✦ Glendale, CA ✦ Designated as a 501(c)(3)

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Overview

What is Santa Monica New Hope Courtyard Apartments?

Santa Monica New Hope Courtyard Apartments is a nonprofit organization, established in accordance with California's not-for-profit laws. Their primary mission is to operate a 25-unit project situated in Santa Monica, California, catering to individuals who are homeless or at risk of homelessness and are affected by HIV/AIDS. The organization receives housing assistance payments under Section 811 of the National Housing Act, ensuring they can provide essential housing services. Their project aims to offer a secure living environment for those in need, helping to improve their quality of life.

Is Santa Monica New Hope Courtyard Apartments legitimate?

Santa Monica New Hope Courtyard Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Monica New Hope Courtyard Apartments 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

What is the mission statement of Santa Monica New Hope Courtyard Apartments?

Santa Monica New Hope Courtyard Apartments is a not-for-profit corporation established in accordance with California's not-for-profit statutes. The primary purpose of this corporation is to operate a housing project, featuring 25 units, aimed at providing shelter for individuals who are currently homeless or at risk of becoming homeless, and who are also living with HIV/AIDS. The corporation receives financial assistance through Section 811 of the National Housing Act, which is designed to support such housing initiatives. The mission of Santa Monica New Hope Courtyard Apartments is to provide a safe and supportive living environment for those in need, thereby contributing to their overall well-being and stability.

Who is the CEO of Santa Monica New Hope Courtyard Apartments?

Brigitte Tweddell is the President of Santa Monica New Hope Courtyard Apartments.

What is the revenue of Santa Monica New Hope Courtyard Apartments?

Santa Monica New Hope Courtyard Apartments's revenue in 2022 was $349,996.

Who are the executives of Santa Monica New Hope Courtyard Apartments and what are their salaries?


Here are 4 key members and their salaries:


David Nahas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Spratt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Willis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigitte Tweddell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Santa Monica New Hope Courtyard Apartments?

Santa Monica New Hope Courtyard Apartments's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Santa Monica New Hope Courtyard Apartments

Santa Monica New Hope Courtyard Apartments is a not-for-profit corporation established in accordance with California's non-profit statutes. Its primary mission is to operate a 25-unit project, providing housing for individuals who are currently homeless or at risk of becoming homeless, and who are also living with HIV/AIDS. To achieve this, the corporation receives Housing Assistance Payments under Section 811 of the National Housing Act. In essence, Santa Monica New Hope Courtyard Apartments serves as a safe and supportive living environment for those in need, offering them a chance to rebuild their lives while receiving the necessary assistance.

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Impact




October, 2024

Santa Monica New Hope Courtyard Apartments provides significant support to vulnerable populations in the community by offering stable housing to individuals who are homeless or at risk of homelessness, particularly those living with HIV/AIDS. By operating a 25-unit project, it directly addresses the pressing need for secure and supportive living environments for this at-risk demographic.

The impact extends beyond mere shelter; the program fosters a sense of community and stability, which is essential for individuals facing the challenges associated with homelessness and health issues. The apartments not only provide a physical space to live but also contribute to improved health outcomes and overall well-being for residents. This initiative highlights the importance of tailored housing solutions in addressing social issues and promoting the dignity and rights of those in need.

Furthermore, by partnering with housing assistance programs under the National Housing Act, Santa Monica New Hope Courtyard Apartments helps to alleviate financial burdens for residents, making it possible for them to focus on rebuilding their lives without the overwhelming stress of housing insecurity. The overall impact is a more inclusive community where individuals can thrive despite their circumstances.




This information is meant to be a general summary of Santa Monica New Hope Courtyard Apartments. 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
$349,996 (2022)
Expenses
$484,130 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $168
  • Program Service Revenue: $112,030
  • Gross Receipts: $349,996

Assets and Liabilities:

  • Total Assets: $2,356,969
  • Total Liabilities: $4,664,188
  • Net Assets: -$2,307,219

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Programs

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

RENTAL INCOME

Revenue

$112,030

Organization Details

Founding Year

1994

Principal Officer

Brigitte Tweddell

Main Address

601 EAST GLENOAKS BLVD SUITE 100, GLENDALE, CA, 91207

NTEE Category

Code: L40 - Housing

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