Overview
What is West Valley Community Development Corp?
West Valley Community Development Corp is a nonprofit organization situated in Los Angeles, California, specifically at 303 South Loma Drive. Their primary mission revolves around the operation of an eight-unit low-income housing apartment building within the city. This endeavor aims to provide affordable living spaces for individuals and families in need, contributing to the community's social welfare and housing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
West Valley Community Development Corp has a mixed accountability and finance score, featuring strengths such as a fully independent board and a high program expense ratio at 99.27%. This indicates that the majority of its resources are directed toward its mission-driven programs, which is a positive aspect of its operations.
However, the organization faces significant shortcomings in its governance practices. It received no points for several critical policies, including those related to conflict of interest and whistleblower protections, as well as missing documentation regarding its tax forms on its website. The high liabilities to assets ratio of 238.09% is also concerning, suggesting potential financial instability. Overall, while the organization excels in its program spending, its governance and financial management need considerable improvement.
This AI summary has been generated from information found on Charity Navigator.
Is West Valley Community Development Corp legitimate?
West Valley Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Valley Community Development Corp 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: $3,808
For more financial information, click here
What is the mission statement of West Valley Community Development Corp?
West Valley Community Development Corp's mission revolves around the operation of an eight-unit low-income housing apartment building. The organization's primary focus is on providing affordable living spaces for individuals with limited financial resources. By managing this building, the corporation contributes to the broader community by ensuring that a segment of the population has access to suitable housing options. The operation of this building is a testament to the corporation's commitment to social responsibility and addressing housing inequality.
Who is the CEO of West Valley Community Development Corp?
Marta Sanchez is the Secretary of West Valley Community Development Corp.
What is the revenue of West Valley Community Development Corp?
West Valley Community Development Corp's revenue in 2022 was $88,775.
Who are the executives of West Valley Community Development Corp and what are their salaries?
There 4 volunteers at West Valley Community Development Corp.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for West Valley Community Development Corp?
West Valley Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of West Valley Community Development Corp
West Valley Community Development Corp is committed to the operation of an eight-unit low-income housing apartment building. This nonprofit organization focuses on providing affordable housing solutions, catering to individuals who may not have access to such facilities otherwise. By managing this apartment building, West Valley Community Development Corp contributes to the local community by ensuring that a portion of its population has a secure and comfortable living space. This mission underscores the organization's dedication to social equity and addressing the housing needs of those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
West Valley Community Development Corp has made a significant impact by operating an 8-unit low-income housing apartment building in Los Angeles, CA. This initiative addresses the pressing need for affordable housing in an urban environment where access to safe and stable living conditions is critical. By providing low-income housing, the organization helps support individuals and families in achieving greater stability and self-sufficiency. This contribution not only improves residents' quality of life but also fosters community development and inclusivity in the neighborhood. By focusing on housing solutions, West Valley Community Development Corp plays a vital role in combating homelessness and promoting economic growth in the area.
This information is meant to be a general summary of West Valley Community Development Corp. 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: $1
- Program Service Revenue: $81,448
- Gross Receipts: $88,775
Assets and Liabilities:
- Total Assets: $518,036
- Total Liabilities: $1,157,475
- Net Assets: -$639,439
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE, NET
Revenue
$81,448
Organization Details
Founding Year
1995
Phone
(818) 888-6990Principal Officer
Marta Sanchez
Main Address
303 SOUTH LOMA DRIVE, LOS ANGELES, CA, 90017
NTEE Category
Code: L80Z - Housing
If you are a representative of West Valley Community Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.