Overview
What is Casa Community Association?
Casa Community Association is a nonprofit organization situated in Westlake Village, California. Their primary mission is to offer affordable housing options to families with low income, ensuring they have access to suitable living spaces. The organization's operations are overseen by the U.S. Department of Housing and Urban Development (HUD), ensuring adherence to regulatory standards. Casa Community Association's goal is to make housing more affordable for families in financial need, thereby contributing positively to their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating.
Casa Community Association holds a Two-Star rating, indicating a need for improvement in various areas, particularly in accountability and financial transparency. While the organization has achieved a high score of 100% for having an entirely independent board and scores well in areas like its conflict of interest and whistleblower policies, it falls short on financial oversight, particularly with its missing website documentation and a concerning liabilities to assets ratio of 183.18%.
The organization demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 81.37%, indicating that a significant portion of its budget is directed towards its mission. However, the absence of required financial documents on its website and the lack of a comprehensive document retention policy raise concerns about its transparency and governance practices. Overall, while Casa Community Association shows strengths in certain areas, improvements in financial reporting and documentation are essential for building trust and credibility with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Casa Community Association legitimate?
Casa Community Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa Community Association 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: $181,452
For more financial information, click here
What is the mission statement of Casa Community Association?
The Casa Community Association is dedicated to providing affordable housing solutions for low-income families. This mission is carried out through the organization's operations, which are regulated by the HUD and subject to their oversight. The association strives to make housing accessible to families who may otherwise struggle with affording it, contributing to a more equitable living environment. The association's primary focus is on ensuring that low-income families have a place to call home.
Who is the CEO of Casa Community Association?
Tom A Lungin is the President of Casa Community Association.
What is the revenue of Casa Community Association?
Casa Community Association's revenue in 2022 was $1,321,297.
Who are the executives of Casa Community Association and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Casa Community Association?
Casa Community Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Casa Community Association
Casa Community Association, a non-profit organization, is committed to providing affordable housing solutions for low-income families. This mission is at the heart of the organization's operations, which are closely regulated by the U.S. Department of Housing and Urban Development (HUD). The organization's role in the community is to offer housing that is within the financial reach of families who may otherwise struggle to secure decent living spaces. By doing so, Casa Community Association contributes to the well-being and stability of its residents, providing them with a fundamental necessity that is often challenging to obtain on their own. The organization's work is overseen by HUD, ensuring that its operations adhere to established standards and guidelines for affordable housing.
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Impact
July, 2024
Casa Community Association's impact lies in providing affordable housing to low-income families in Westlake Village, CA. By offering housing options for those in need, Casa Community Association plays a crucial role in addressing the housing insecurity and homelessness challenges faced by many individuals and families. Through its operations regulated by HUD, Casa Community Association helps ensure that low-income families have access to safe and stable housing, contributing to improved quality of life for these families and fostering a sense of community within the area.
This information is meant to be a general summary of Casa Community Association. 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: $5,302
- Program Service Revenue: $116,454
- Gross Receipts: $1,321,297
Assets and Liabilities:
- Total Assets: $4,531,065
- Total Liabilities: $8,300,420
- Net Assets: -$3,769,355
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT & CHARGES
Revenue
$116,454
Organization Details
Founding Year
1995
Phone
(805) 413-7991Principal Officer
Tom A Lungin
Main Address
4530 E THOUSAND OAKS BLVD 100, WESTLAKE VILLAGE, CA, 91362
NTEE Category
Code: L20 - Housing
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