Overview
What is Vista Del Monte Affordable Housing?
Vista Del Monte Affordable Housing is a nonprofit organization located in Keene, California. Its primary mission is to provide and support safe, decent, affordable housing for low-income individuals and families. The organization generates its primary revenue from land lease and tenant rental revenues from its material investors, Vista Del Monte Housing, L.P. and Casas Blancas Housing, LLC, which are low-income housing projects. Additionally, the organization earns income and incur losses from its general partner and member interests in low-income housing limited partnerships and LLCs. These revenues are utilized to facilitate the development of low-income housing projects, thereby supporting the organization's mission.
Is Vista Del Monte Affordable Housing legitimate?
Vista Del Monte Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vista Del Monte Affordable Housing 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: $0
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What is the mission statement of Vista Del Monte Affordable Housing?
Vista Del Monte Affordable Housing is dedicated to serving low-income individuals and families by providing or supporting safe and decent affordable housing. The organization's primary source of revenue comes from lease and rental payments from its material investors, Vista Del Monte Housing, L.P. and Casas Blancas Housing, LLC, which are low-income housing projects. These revenues are utilized to develop more affordable housing projects, thereby furthering the organization's mission and objectives of offering secure and affordable housing solutions to those in need.
Who is the CEO of Vista Del Monte Affordable Housing?
Paul F Chavez is the President of Vista Del Monte Affordable Housing.
What is the revenue of Vista Del Monte Affordable Housing?
Vista Del Monte Affordable Housing's revenue in 2022 was $4,996,103.
Who are the executives of Vista Del Monte Affordable Housing and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Vista Del Monte Affordable Housing?
Vista Del Monte Affordable Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vista Del Monte Affordable Housing
Vista Del Monte Affordable Housing is an organization dedicated to serving the needs of low-income individuals and families. Its primary mission is to provide and support safe, decent, affordable housing, which is its primary exempt purpose. To accomplish this, the organization generates its main revenues from land lease and tenant rental income from its material investors, Vista Del Monte Housing, L.P. and Casas Blancas Housing, LLC, which are low-income housing projects. These revenues contribute to the development of more low-income housing projects, thereby promoting Vista Del Monte Affordable Housing's mission and its objective of offering secure and affordable living spaces to those in need.
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Impact
October, 2024
Vista Del Monte Affordable Housing significantly impacts the community by ensuring that low-income individuals and families have access to safe and decent housing. By focusing on the development and support of affordable housing projects, the organization addresses critical housing needs in Keene, CA.
With a revenue model based on land leases and tenant rental income from investments in low-income housing initiatives, Vista Del Monte not only sustains its operations but also promotes the creation of additional affordable housing units. This model helps alleviate housing insecurity and provides stability for vulnerable populations, contributing to the overall well-being of the community.
The organization’s emphasis on providing affordable housing plays a vital role in improving living conditions, enhancing community cohesion, and enabling residents to thrive. Through its partnerships and development efforts, Vista Del Monte Affordable Housing continues to make a meaningful difference in the lives of those it serves.
This information is meant to be a general summary of Vista Del Monte Affordable Housing. 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: $2,876,655
- Program Service Revenue: $2,119,448
- Gross Receipts: $4,996,103
Assets and Liabilities:
- Total Assets: $19,133,384
- Total Liabilities: $14,147,006
- Net Assets: $4,986,378
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$2,080,494
MISCELLANEOUS REVENUE
Revenue
$38,954
Organization Details
Founding Year
2000
Phone
(661) 823-6122Principal Officer
Paul F Chavez
Main Address
PO BOX 62, KEENE, CA, 93531
NTEE Category
Code: L20 - Housing
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