Overview
What is Oracle Communities Corporation?
Oracle Communities Corporation is a nonprofit organization situated in San Marino, California. Their primary mission is to develop, own, and manage low-income residential rental housing for individuals residing in Southern California communities. Beyond their direct housing initiatives, Oracle Communities Corporation extends its support to various other non-profit organizations. This multi-faceted nonprofit organization contributes to the betterment of its community by providing affordable housing and offering assistance to fellow non-profits.
Is Oracle Communities Corporation legitimate?
Oracle Communities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oracle Communities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Oracle Communities Corporation?
Oracle Communities Corporation is dedicated to providing low-income residential rental housing for individuals within communities in Southern California. Beyond this, the organization extends support to various non-profit organizations. Their mission, in essence, is to contribute to the housing needs of economically disadvantaged individuals, while also lending a hand to other charitable organizations.
What is the revenue of Oracle Communities Corporation?
Oracle Communities Corporation's revenue in 2023 was $18,000.
Who are the executives of Oracle Communities Corporation and what are their salaries?
Here are 2 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Oracle Communities Corporation?
Oracle Communities Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Oracle Communities Corporation
Oracle Communities Corporation, as a non-profit organization, is dedicated to a mission that involves the development, ownership, and operation of low-income residential rental housing for individuals within communities. Beyond providing housing, this organization extends its support to other non-profit organizations as well. In essence, Oracle Communities Corporation is committed to creating and maintaining affordable living spaces for those in need, while also contributing to the broader non-profit sector.
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Impact
October, 2024
Oracle Communities Corporation significantly impacts the community of Southern California by addressing the urgent need for affordable housing. By developing, owning, and managing low-income residential rental properties, the organization provides essential housing options for individuals and families struggling to find stable accommodation in a challenging market. This not only enhances the quality of life for residents but also fosters community stability and growth.
Additionally, Oracle Communities Corporation actively supports other nonprofit organizations, amplifying its impact by collaborating with various initiatives that promote community welfare. This holistic approach ensures that the needs of low-income individuals are met, creating a ripple effect of positive change throughout the region. Through its focus on affordable housing and community support, Oracle Communities Corporation plays a crucial role in transforming lives and strengthening neighborhoods in Southern California.
This information is meant to be a general summary of Oracle Communities 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 2023.
- Program Service Revenue: $18,000
- Gross Receipts: $18,000
Assets and Liabilities:
- Total Assets: $765,900
- Total Liabilities: $491,460
- Net Assets: $274,440
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Asset Mgmt Fees
Revenue
$18,000
Organization Details
Principal Officer
Luis Lorenzo
NTEE Category
Code: L20 - Housing
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