Overview
What is Hermandad La Economic And Community Development Corporation?
Hermandad La Economic And Community Development Corporation is a nonprofit organization dedicated to serving low-income individuals within the United States. Their primary focus lies in providing affordable housing and offering a range of social services to support their clients' needs. Their activities encompass various aspects aimed at enhancing the quality of life for these individuals, ensuring they have access to essential resources.
Is Hermandad La Economic And Community Development Corporation legitimate?
Hermandad La Economic And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hermandad La Economic And Community 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,152
For more financial information, click here
What is the mission statement of Hermandad La Economic And Community Development Corporation?
Hermandad La Economic And Community Development Corporation is committed to providing low-income housing and social services to individuals in financial need within the United States. Their activities encompass offering various social services to aid these individuals in their daily lives. The organization's mission is to contribute to the betterment of these individuals' living conditions and overall well-being by offering necessary resources. Their programs focus on addressing the housing needs and social challenges faced by low-income individuals, aiming to improve their quality of life.
Who is the CEO of Hermandad La Economic And Community Development Corporation?
Juan Hernandez is the President of Hermandad La Economic And Community Development Corporation.
What is the revenue of Hermandad La Economic And Community Development Corporation?
Hermandad La Economic And Community Development Corporation's revenue in 2022 was $259,292.
Who are the executives of Hermandad La Economic And Community Development Corporation and what are their salaries?
The average compensation at Hermandad La Economic And Community Development Corporation during 2022 was $9,239. There are 9 employees at Hermandad La Economic And Community Development Corporation.
Here are 3 key members and their salaries:
- Compensation: $55,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hermandad La Economic And Community Development Corporation?
Hermandad La Economic And Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hermandad La Economic And Community Development Corporation
Hermandad La Economic And Community Development Corporation is dedicated to assisting low-income individuals within the United States. Their mission encompasses providing both low-income housing and a range of social services. Through various activities, this nonprofit organization aims to support individuals who fall under the category of low income. Their programs focus on addressing the housing and social needs of these individuals, thereby contributing to their overall well-being.
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Impact
October, 2024
Hermandad La Economic and Community Development Corporation significantly impacts low-income communities by providing essential housing and social services. Operating from North Hollywood, California, it focuses on improving the living conditions of economically disadvantaged individuals and families. Through its various programs, the organization facilitates access to affordable housing, addressing the pressing need for shelter in a challenging economic landscape.
In addition to housing, Hermandad LA offers social services designed to empower individuals and foster community development. These services often include assistance with employment, financial literacy, and access to healthcare, all aimed at enhancing the overall quality of life for low-income residents. By nurturing these critical areas, the organization helps to build a more stable and supportive environment for those in need.
The cumulative effect of these efforts not only alleviates immediate housing and social needs but also promotes long-term self-sufficiency, contributing to the overall welfare and resilience of underserved populations within the United States.
This information is meant to be a general summary of Hermandad La Economic And Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $389
- Program Service Revenue: $257,774
- Gross Receipts: $259,292
Assets and Liabilities:
- Total Assets: $736,040
- Total Liabilities: $3,266
- Net Assets: $732,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
cash distribution
Revenue
$170,095
Management and Admi
Revenue
$5,000
PPP LOAN FORGIVENESS
Revenue
$17,402
Rental Income
Revenue
$41,277
Social Services
Revenue
$24,000
Organization Details
Founding Year
1995
Phone
(818) 503-0590Principal Officer
Juan Hernandez
Main Address
11559 Sherman Way, NORTH Hollywood, CA, 91605
NTEE Category
Code: L80 - Housing
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