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Casa Otonal Housing Corporation

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

EIN: 061043733 ✦ New haven, CT ✦ Designated as a 501(c)(3)

Overview

What is Casa Otonal Housing Corporation?

Casa Otonal Housing Corporation is a not-for-profit organization established in Connecticut in 1981. Its primary mission involves operating a 103-unit apartment complex situated in New Haven, Connecticut. The organization's activities are regulated by the U.S. Department of Housing and Urban Development (HUD) with regard to rental charges and operating methods. Casa Otonal also adheres to Section 8 Housing Assistance Payment agreements with HUD, and a significant portion of its income derives from these agreements. The organization's goal is to provide affordable housing, ensuring that its residents can afford their rent comfortably.


Is Casa Otonal Housing Corporation legitimate?

Casa Otonal Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa Otonal Housing 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Casa Otonal Housing Corporation?
Who is the CEO of Casa Otonal Housing Corporation?
What is the revenue of Casa Otonal Housing Corporation?
Who are the executives of Casa Otonal Housing Corporation and what are their salaries?
Where can I find the form 990 for Casa Otonal Housing Corporation?

Mission Statement of Casa Otonal Housing Corporation

Casa Otonal Housing Corporation is a not-for-profit organization established under the laws of Connecticut in 1981. Its primary mission involves operating a 103-unit apartment complex, overseen by the US Department of Housing and Urban Development (HUD), with regulations governing rental charges and operating methods. The organization also manages Section 8 Housing Assistance Payments agreements with HUD, and a significant portion of its income is derived from these arrangements. In essence, Casa Otonal Housing Corporation plays a crucial role in providing affordable housing for its residents, adhering to the guidelines set by the HUD.

Impact

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




Saturday, July 20, 2024

Casa Otonal Housing Corporation provides affordable housing opportunities to residents in New Haven, Connecticut through its operation of a 103-unit apartment complex. The organization is regulated by the US Department of Housing and Urban Development (HUD) and participates in Section 8 housing assistance payments agreements. By offering affordable housing options, Casa Otonal contributes to the community's efforts to address housing insecurity and improve the overall quality of life for its residents.





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 2023.

  • Investment Income: $4,015
  • Program Service Revenue: $564,512
  • Gross Receipts: $2,212,802

    • Assets and Liabilities:
  • Total Assets: $4,525,914
  • Total Liabilities: $5,920,091
  • Net Assets: -$1,394,177
  • Programs

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

    RENT REVENUE

    Revenue

    $564,512

    Organization Details

    Founding Year

    1981

    Principal Officer

    Elmer Rivera Bello

    Main Address

    135 SYLVAN AVENUE, NEW HAVEN, CT, 06519

    NTEE Category

    Code: L21Z - Housing

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