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Puerto Rican Lutheran Housing Corp

Paco Housing Corporation I

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

EIN: 132868189 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

Overview

What is Puerto Rican Lutheran Housing Corp?

Puerto Rican Lutheran Housing Corp, doing business as PACO Housing Corporation I, is a nonprofit organization situated in Jersey City, New Jersey. Their primary mission is dedicated to constructing and managing a low-income housing complex, providing affordable living spaces for residents in the area. Established with this mission in mind, the organization operates with a team of 15 dedicated individuals. Their primary activity involves the development and operation of this housing complex, ensuring a safe and affordable living environment for its inhabitants.


Is Puerto Rican Lutheran Housing Corp legitimate?

Puerto Rican Lutheran Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puerto Rican Lutheran Housing Corp 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 Puerto Rican Lutheran Housing Corp?
Who is the CEO of Puerto Rican Lutheran Housing Corp?
What is the revenue of Puerto Rican Lutheran Housing Corp?
Who are the executives of Puerto Rican Lutheran Housing Corp and what are their salaries?
Where can I find the form 990 for Puerto Rican Lutheran Housing Corp?

Mission Statement of Puerto Rican Lutheran Housing Corp

Puerto Rican Lutheran Housing Corp is dedicated to constructing and managing housing complexes that cater to individuals with moderate and low income levels. The organization's primary mission is to contribute to the provision of affordable living spaces for those in need, thereby providing them with a stable and secure living environment. By building and operating these housing complexes, Puerto Rican Lutheran Housing Corp aims to play a vital role in addressing the housing needs of its target population, thereby contributing to their overall well-being and quality of life.

Impact

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




Thursday, August 1, 2024

Puerto Rican Lutheran Housing Corp's impact lies in providing low and moderate-income housing solutions in Jersey City, NJ. Through its mission to build and operate housing complexes for those in need, the organization directly addresses the pressing issue of affordable housing in the community. By offering safe and affordable housing options, Puerto Rican Lutheran Housing Corp positively impacts the lives of individuals and families who may otherwise struggle to find suitable accommodation.





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: $31,024
  • Program Service Revenue: $0
  • Gross Receipts: $5,213,793

    • Assets and Liabilities:
  • Total Assets: $15,134,946
  • Total Liabilities: $1,980,871
  • Net Assets: $13,154,075
  • Organization Details

    Founding Year

    1974

    Principal Officer

    Cesar Sarmiento

    Main Address

    192 THIRD ST, Jersey City, NJ, 07302

    NTEE Category

    Code: L220 - Housing

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