Overview
What is Century Housing Corporation?
Century Housing Corporation, based in Culver City, California, is a dedicated nonprofit organization that invests in homes for low-income individuals and families, including veterans and the homeless. They provide affordable rental housing units and determine rental rates based on income. Additionally, Century Housing offers lending products for the acquisition, rehabilitation, new construction, and permanent financing of affordable housing throughout California, with a primary focus on Southern California. Their mission is to ensure that these individuals and families have a dignified living environment and an opportunity to achieve economic independence. The organization employs 98 people in carrying out its significant impact on the community.
Official website here: www.centuryhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Century Housing Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored 93% in this category, indicating its effective management of resources and transparency in operations. This high score is primarily based on their excellent oversight practices, including an independent board and robust financial policies.
The nonprofit's commitment to accountability is reinforced by the fact that all board members are independent, ensuring unbiased decision-making. Additionally, Century Housing Corporation has established comprehensive policies, such as conflict of interest and whistleblower protections, which further enhance its credibility and operational integrity.
While the organization demonstrates a solid financial standing, with a program expense ratio of 93.80%, there remains room for improvement regarding its liabilities to assets ratio, which stands at 53.68%. Overall, Century Housing Corporation showcases a responsible approach to managing funds and maintaining transparency, which positively impacts its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Century Housing Corporation legitimate?
Century Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Century Housing 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: $4,169,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,200,586
For more financial information, click here
Official website here: www.centuryhousing.org
What is the mission statement of Century Housing Corporation?
Century Housing Corporation invests in creating homes for individuals and families with low income, including veterans and the homeless. By providing them with dignified living environments, Century Housing aims to help these individuals work towards economic independence. The organization owns and manages rental housing units, with rates based on income, and offers lending products for the acquisition, rehabilitation, new construction, and permanent financing of affordable housing.
Official website here: www.centuryhousing.org
Who is the CEO of Century Housing Corporation?
Ronald M Griffith is the Principal Officer of Century Housing Corporation. The CEO's salary of Century Housing Corporation is $513,822 and their total compensation is $579,979.
Official website here: www.centuryhousing.org
What is the revenue of Century Housing Corporation?
Century Housing Corporation's revenue in 2022 was $37,466,757.
Official website here: www.centuryhousing.org
Who are the executives of Century Housing Corporation and what are their salaries?
The average compensation at Century Housing Corporation during 2022 was $54,800. There are 98 employees at Century Housing Corporation.
Here are 27 key members and their salaries (Century Housing Corporation's CEO's salary is $513,822 and their total compensation is $579,979):
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $12,550
- Related: $0
- Other: $0
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $16,300
- Related: $0
- Other: $0
- Compensation: $513,822
- Related: $0
- Other: $66,157
- Compensation: $411,399
- Related: $0
- Other: $58,355
- Compensation: $375,304
- Related: $0
- Other: $56,028
- Compensation: $390,298
- Related: $0
- Other: $60,309
- Compensation: $336,362
- Related: $0
- Other: $54,526
- Compensation: $232,605
- Related: $0
- Other: $53,351
- Compensation: $197,289
- Related: $0
- Other: $35,559
- Compensation: $188,753
- Related: $0
- Other: $21,912
- Compensation: $217,363
- Related: $0
- Other: $42,213
- Compensation: $298,200
- Related: $0
- Other: $52,020
- Compensation: $304,857
- Related: $0
- Other: $52,114
- Compensation: $225,024
- Related: $0
- Other: $46,708
- Compensation: $171,808
- Related: $0
- Other: $40,910
- Compensation: $180,110
- Related: $0
- Other: $46,048
- Compensation: $205,556
- Related: $0
- Other: $27,000
- Compensation: $205,118
- Related: $0
- Other: $31,019
- Compensation: $165,958
- Related: $0
- Other: $40,962
- Compensation: $160,295
- Related: $0
- Other: $24,194
- Compensation: $142,521
- Related: $0
- Other: $23,086
Official website here: www.centuryhousing.org
Where can I find the form 990 for Century Housing Corporation?
Century Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centuryhousing.org
Learn more at the official website: www.centuryhousing.org
Mission Statement of Century Housing Corporation
Century Housing Corporation, a renowned organization, invests in creating homes for individuals and families with low incomes, including veterans and the homeless. By doing so, they aim to provide these communities with a dignified living environment and enable them to achieve economic independence.
Century Housing Corporation owns and manages housing units specifically for low-to-moderate income households. Rent is based on their income levels, ensuring affordability. The company's extensive portfolio spans beyond just managing properties; they also offer various lending products. These financial solutions cater to the acquisition and rehabilitation, new construction, and permanent financing of affordable housing throughout California, primarily in Southern California. Through these efforts, Century Housing Corporation is making a significant impact by expanding the availability of affordable housing for 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
Century Housing Corporation significantly impacts communities by investing in homes for low-income individuals and families, including veterans and the homeless. This organization facilitates access to affordable rental housing by owning and managing properties where rental rates are adjusted based on income, ensuring that families can live in dignified environments that contribute to their quality of life.
Additionally, Century Housing provides essential lending products to support the acquisition and rehabilitation of properties as well as new construction of affordable housing throughout California, with a particular focus on Southern California. By addressing the challenges faced by low-to-moderate income households, Century Housing plays a vital role in promoting economic independence and stability within the community. Its efforts not only help individuals secure housing but also foster a sense of belonging and dignity as residents work towards a brighter future.
This information is meant to be a general summary of Century Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,762,313
- Program Service Revenue: $33,720,272
- Gross Receipts: $37,466,757
Assets and Liabilities:
- Total Assets: $608,904,296
- Total Liabilities: $326,865,391
- Net Assets: $282,038,905
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.
INCOME FROM NOTES RECEIVABLE
Revenue
$29,988,185
CONTINGENT ASSET INCOME
Revenue
$3,511,073
RENTAL PROPERTY INCOME
Revenue
$155,850
Organization Details
Founding Year
1995
Phone
(310) 258-0700Principal Officer
Ronald M Griffith
Main Address
1000 CORPORATE POINTE 200, CULVER CITY, CA, 90230
Website
www.centuryhousing.orgNTEE Category
Code: L200 - Housing
If you are a representative of Century Housing Corporation 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.