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Grant Housing And Economic Development Corporation

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

EIN: 954505619 ✦ Downey, CA ✦ Designated as a 501(c)(3)

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Overview

What is Grant Housing And Economic Development Corporation?

Grant Housing and Economic Development Corporation (GHEDC) is a nonprofit organization located in Downey, California. Their primary mission is to uplift the socio-economic condition of residents, particularly in underserved areas such as south Los Angeles and Watts. They accomplish this by focusing on three key areas: education, low-income housing, and economic development. GHEDC runs a weekly food program, distributing groceries to the community. They also offer self-help seminars and workshops, covering topics like managing diabetes and hypertension, as well as healthy living cooking and food preparation classes. Furthermore, computer training and school work assistance are available four days a week through their after-school tutoring program. Overall, GHEDC strives to enhance the well-being and opportunities of those in need.

Is Grant Housing And Economic Development Corporation legitimate?

Grant Housing And Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grant Housing And Economic Development 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.


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 Grant Housing And Economic Development Corporation?

The Grant Housing and Economic Development Corporation (GHEDC) is committed to enhancing the socio-economic status of its community members, primarily in areas like south Los Angeles and Watts, by focusing on education, low-income housing, and economic development. The organization's mission is to improve living conditions and opportunities for residents in these depressed areas. To achieve this, GHEDC offers various programs and services. These include a weekly food program that distributes groceries to the community, self-help seminars and workshops on health topics like managing diabetes and hypertension, and healthy living cooking and food preparation workshops. Additionally, GHEDC provides computer training and academic assistance through an after-school tutoring program, operating four days a week.

Who is the CEO of Grant Housing And Economic Development Corporation?

Chris Jordan is the Executive Director of Grant Housing And Economic Development Corporation.

What is the revenue of Grant Housing And Economic Development Corporation?

Grant Housing And Economic Development Corporation's revenue in 2022 was $185,876.

Who are the executives of Grant Housing And Economic Development Corporation and what are their salaries?


Here are 4 key members and their salaries:


Dr Sean Gaston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Edmondson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Webster (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Jordan (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grant Housing And Economic Development Corporation?

Grant Housing And Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grant Housing And Economic Development Corporation

Grant Housing and Economic Development Corporation (GHEDC) is an organization dedicated to enhancing the socio-economic circumstances of its community members. With a focus on low-income housing and economic development, GHEDC targets depressed areas, specifically south Los Angeles and Watts. The corporation's mission is twofold. Firstly, it aims to improve the living conditions by providing affordable housing options. Secondly, it strives to stimulate economic growth in these areas, thereby uplifting the overall quality of life for its residents.

To achieve its objectives, GHEDC implements various programs and initiatives. One such initiative is a weekly food program that distributes groceries to the community, ensuring that individuals have access to nutritious food. Additionally, GHEDC conducts self-help seminars and workshops, covering topics like dealing with diabetes and managing hypertension. These workshops aim to educate the community about health and wellness, empowering them to lead healthier lives. Furthermore, GHEDC offers computer training and school work assistance through its after-school tutoring program, which operates four days a week. This initiative is designed to help children and adults alike improve their digital literacy and academic performance.

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Impact




October, 2024

Grant Housing and Economic Development Corporation (GHEDC) has a significant impact on the socio-economic conditions of residents in underserved areas, particularly in South Los Angeles and Watts. By focusing on both immediate needs and long-term development, GHEDC addresses various aspects of community welfare.

One of the primary initiatives is the weekly food program, which distributes groceries to families in need, ensuring that community members have access to basic nutritional resources. This initiative alleviates food insecurity and supports healthier living.

In addition to food security, GHEDC emphasizes education through self-help seminars and workshops. These programs cover essential health topics such as managing diabetes and hypertension, helping residents to make informed decisions about their health. Cooking and food preparation workshops further empower individuals to adopt healthier lifestyles, fostering a sense of community well-being.

Moreover, GHEDC provides after-school tutoring and computer training, aiding children and adults in their educational endeavors. This support not only enhances academic performance but also equips community members with vital skills for the workforce.

Overall, GHEDC plays a crucial role in improving the quality of life in depressed areas. By addressing food security, health education, and educational support, GHEDC fosters a more resilient and informed community, ultimately promoting socio-economic development.




This information is meant to be a general summary of Grant Housing And Economic Development Corporation. 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
$185,876 (2022)
Expenses
$145,516 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $185,876
  • Gross Receipts: $185,876

Assets and Liabilities:

  • Total Assets: $2,127,898
  • Total Liabilities: $1,009,078
  • Net Assets: $1,118,820

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Programs

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

Housing Program

Revenue

$97,126

Community Service

Revenue

$88,750

Organization Details

Founding Year

1992

Principal Officer

Chris Jordan

Main Address

PO BOX 2397, DOWNEY, CA, 902420397

NTEE Category

Code: S31 - Community improvement

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