Overview
What is 7500 Simpson Corporation?
7500 Simpson Corporation is a nonprofit organization situated in Glendale, California, with an address at 800 N BRAND BLVD, FLOOR 19. Its primary focus is to foster economic growth that predominantly benefits low and moderate-income communities. This is achieved by investing in three limited partnerships, which manage a project providing affordable housing for individuals and families with lower income levels. By doing so, 7500 Simpson Corporation contributes significantly to the housing needs of this demographic, promoting overall community development.
Is 7500 Simpson Corporation legitimate?
7500 Simpson Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 7500 Simpson 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.
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What is the mission statement of 7500 Simpson Corporation?
The 7500 Simpson Corporation is committed to fostering economic growth primarily benefiting low and moderate income communities. This is achieved through its mission, which involves assisting in the development of affordable housing for individuals and families with lower income levels. The organization accomplishes this by investing in limited partnerships that own projects providing housing for this demographic.
Who is the CEO of 7500 Simpson Corporation?
Christopher Jones is the President of 7500 Simpson Corporation.
What is the revenue of 7500 Simpson Corporation?
7500 Simpson Corporation's revenue in 2023 was $6,848.
Who are the executives of 7500 Simpson Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for 7500 Simpson Corporation?
7500 Simpson Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of 7500 Simpson Corporation
7500 Simpson Corporation, as a nonprofit organization, is committed to promoting economic development primarily benefiting low and moderate income communities. Its mission is to invest in projects that provide affordable housing for individuals and families with limited financial resources. To achieve this, the corporation has involved itself in three limited partnerships, each owning a project designed to offer affordable housing solutions. This commitment to supporting economically disadvantaged communities is at the heart of 7500 Simpson Corporation's mission and activities.
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Impact
August, 2024
7500 Simpson Corporation's impact lies in its dedication to encouraging economic development that primarily benefits low and moderate-income communities. Through their mission of assisting in the development of affordable housing for those with low income, they are making a meaningful difference in the lives of individuals and families in need. By investing in limited partnerships that own projects providing housing for low-income individuals and families, 7500 Simpson Corporation is actively contributing to the creation of more accessible and affordable housing options. Their work in Glendale, CA, reflects their commitment to community improvement and enhancing the quality of life for those most in need.
This information is meant to be a general summary of 7500 Simpson 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.
- Investment Income: $6,848
- Gross Receipts: $6,848
Assets and Liabilities:
- Total Assets: $19,979,446
- Total Liabilities: $0
- Net Assets: $19,979,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Partnership income
Organization Details
Founding Year
1962
Phone
(626) 300-2440Principal Officer
Christopher Jones
Main Address
800 N BRAND BLVD FLOOR 19, GLENDALE, CA, 91203
NTEE Category
Code: S31 - Community improvement
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