Overview
What is Hollywood West Tenant Action Committee?
The Hollywood West Tenant Action Committee is a nonprofit organization situated in Los Angeles, California, specifically at 3460 S Broadway, 90007. Their primary mission is to promote and secure affordable housing opportunities for families with modest to low incomes. With a small team of two dedicated individuals, they strive to make a significant impact in their community by advocating for and facilitating affordable housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Hollywood West Tenant Action Committee has received an 82% rating from Charity Navigator, indicating a solid level of operational transparency and financial health. The organization boasts a fully independent board, with 100% of its members not having any conflicting interests, which speaks to its commitment to accountability. The financial oversight is robust, as indicated by their perfect scores in areas such as the audit and oversight committee and their liability to assets ratio.
Strengths of the organization include a strong program expense ratio of 100%, which suggests that all of its expenses are directed towards its programs and mission. The organization has also demonstrated diligence in maintaining proper governance practices, as evidenced by the documentation of board meeting minutes and the absence of any material diversion of assets. This level of oversight and commitment to ethical practices is commendable.
However, while the rating is positive, there is always room for improvement. Continuous focus on enhancing their program effectiveness and financial strategies can further bolster their mission and impact within the community they serve. Overall, the Hollywood West Tenant Action Committee appears to operate with a strong ethical framework and dedication to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Hollywood West Tenant Action Committee legitimate?
Hollywood West Tenant Action Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hollywood West Tenant Action Committee 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: $85,660
For more financial information, click here
What is the mission statement of Hollywood West Tenant Action Committee?
The Hollywood West Tenant Action Committee is dedicated to achieving an important goal: offering affordable housing options for families with moderate to low income levels. By serving as their mission statement, this commitment is at the heart of their activities. The organization strives to make a significant impact in the lives of these families by providing them with suitable and affordable housing solutions. Their work contributes to ensuring that these families can maintain a stable living environment, thereby improving their overall quality of life. The committee's activities are centered around this mission, aiming to make a tangible difference in the community.
Who is the CEO of Hollywood West Tenant Action Committee?
Ana Cecilia Cardoza is the President of Hollywood West Tenant Action Committee.
What is the revenue of Hollywood West Tenant Action Committee?
Hollywood West Tenant Action Committee's revenue in 2022 was $610,740.
Who are the executives of Hollywood West Tenant Action Committee and what are their salaries?
The average compensation at Hollywood West Tenant Action Committee during 2022 was $42,830. There are 2 employees at Hollywood West Tenant Action Committee.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hollywood West Tenant Action Committee?
Hollywood West Tenant Action Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hollywood West Tenant Action Committee
The Hollywood West Tenant Action Committee, as its name suggests, is committed to a significant mission. This nonprofit organization focuses on providing affordable housing options for families with modest and low incomes. In essence, their mission is geared towards making housing more accessible and affordable for families who may otherwise struggle with high housing costs. By doing so, they aim to contribute to a more equitable society where every family has a decent place to call home.
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Impact
July, 2024
The Hollywood West Tenant Action Committee has significantly influenced the availability of affordable housing for low and moderate-income families in Los Angeles, CA. Through their dedicated efforts, they have helped ensure that these families have access to safe and affordable homes, making a tangible difference in the lives of many in the community. Their work has been instrumental in addressing the ongoing housing crisis and providing much-needed support to those in need.
This information is meant to be a general summary of Hollywood West Tenant Action Committee. 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: $123
- Program Service Revenue: $610,617
- Gross Receipts: $610,740
Assets and Liabilities:
- Total Assets: $1,878,267
- Total Liabilities: $109,179
- Net Assets: $1,769,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$252,063
Tenant rental income
Revenue
$358,554
Organization Details
Phone
(323) 231-1107Principal Officer
Ana Cecilia Cardoza
Main Address
3460 S Broadway, Los Angeles, CA, 90007
NTEE Category
Code: Z99 - Unknown
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