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Western Community Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954751332 ✦ Costa mesa, CA ✦ Designated as a 501(c)(3)

Overview

What is Western Community Housing Inc?

Western Community Housing Inc, based in Costa Mesa, California, is a nonprofit organization committed to providing affordable housing for low-income households. As of December 31, 2022, they managed 108 such communities, with a total of approximately 8,301 units spread across California and Arizona. These communities cater to various population segments, including families, seniors, and special needs households, all with rents regulated for low-income families. In 2022, they added 371 more affordable communities to their portfolio, increasing their reach and capacity. Their work involves developing and managing these communities, generating development fees and management fees totaling $1,821,680 and $1,236,325, respectively, in 2022. Additionally, they earned rental income and other income of $2,682,926 and $127,883, respectively, from these low-income housing partnerships, contributing to a total program service revenue of $5,868,814. Western Community Housing Inc's mission is to alleviate the government's burden by building, purchasing, and operating affordable housing communities, offering life-enhancing services to low and moderate-income households.


Official website here: www.wchousing.org

Is Western Community Housing Inc legitimate?

Western Community Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Community Housing Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,499,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $457,736

For more financial information, click here


Official website here: www.wchousing.org

What is the mission statement of Western Community Housing Inc?

Western Community Housing Inc. is committed to constructing, acquiring, and managing affordable housing complexes, as well as offering enriching services to households with moderate to low incomes. This mission aims to alleviate some of the financial burdens typically shouldered by the government. The target population for these affordable communities encompasses families, senior citizens, and households with special needs. The organization's primary activities primarily take place in California.


Official website here: www.wchousing.org

What is the revenue of Western Community Housing Inc?

Western Community Housing Inc's revenue in 2022 was $9,987,576.


Official website here: www.wchousing.org

Who are the executives of Western Community Housing Inc and what are their salaries?

The average compensation at Western Community Housing Inc during 2022 was $81,535. There are 24 employees and 6 volunteers at Western Community Housing Inc.

Here are 13 key members and their salaries:

    Graham Espley Jones (Pres. /Director)
  • Compensation: $455,069
  • Related: $0
  • Other: $92,862

    • Leanne Truofreh (Sr Vp/Secretary)
  • Compensation: $172,745
  • Related: $0
  • Other: $36,858

    • Jaymie Piguing (Vp/Controller)
  • Compensation: $150,252
  • Related: $0
  • Other: $33,285

    • Martha Cisneros (Vp/Real Estate)
  • Compensation: $144,762
  • Related: $0
  • Other: $35,317

    • Scott Gayner (Vp/Portf Mgmt)
  • Compensation: $124,323
  • Related: $0
  • Other: $13,301

    • Charles Latham Barker (Vp/Operations)
  • Compensation: $120,111
  • Related: $0
  • Other: $7,600

    • Sandra Gibbons (Exec Vp/Cfo)
  • Compensation: $83,468
  • Related: $0
  • Other: $29,142

    • Jeffrey Meyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wing Lam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Calvert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Briganti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Dallape (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Strutner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wchousing.org

    Where can I find the form 990 for Western Community Housing Inc?

    The Western Community Housing Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wchousing.org

    Learn more at the official website: www.wchousing.org

    Mission Statement of Western Community Housing Inc

    Western Community Housing, a nonprofit organization, is committed to making a significant impact by constructing, acquiring, and managing affordable housing complexes. Their mission is to cater to the needs of low-income households, including families, senior citizens, and individuals with special needs. By doing so, Western Community Housing aims to alleviate some of the financial burden that the government often carries. Their goal is to enhance the lives of these households by providing them with secure and affordable living spaces. The organization's activities primarily take place in California, contributing to the local community and providing a much-needed solution for those in need of affordable housing.

    Impact

    This information is meant to be a general summary of Western Community Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Western Community Housing Inc's impact is significant in providing affordable housing to low-income households in California. As of December 31, 2022, Western Community Housing managed 108 affordable communities with approximately 8,301 affordable units. These communities cater to families, seniors, and special needs households, offering rents that are limited to low-income levels.

    In 2022 alone, Western Community Housing generated $1,821,680 in development fees for the affordable communities, along with $1,236,325 in management fees. Additionally, the organization recorded $2,682,926 in rental income and $127,883 in other income from its investments in low-income housing partnerships, totaling $5,868,814 in program service revenue.

    By providing affordable housing and life-enhancing services, Western Community Housing Inc lessens the burden on the government while positively impacting the lives of those in need within these communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $607,909
  • Program Service Revenue: $7,501,719
  • Gross Receipts: $10,018,785

    • Assets and Liabilities:
  • Total Assets: $116,799,191
  • Total Liabilities: $78,972,980
  • Net Assets: $37,826,211
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEVELOPMENT FEES

    Revenue

    $1,821,680

    MANAGEMENT FEES

    Revenue

    $1,236,325

    MISCELLANEOUS INCOME

    Revenue

    $127,883

    RENTAL INCOME

    Revenue

    $2,682,926

    SOCIAL SRVCS INCOME

    Revenue

    $1,632,905

    Organization Details

    Founding Year

    1999

    Main Address

    151 KALMUS DRIVE J-5, COSTA MESA, CA, 92626

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Western Community Housing Inc 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.