Orange Housing Development Corporation

Orange Housing Development Corporation (OHDC) is a nonprofit organization, headquartered in Orange, California, dedicated to improving housing opportunities for low-income individuals and families. In the fiscal year ending June 30, 2023, OHDC provided high-quality living spaces to over 2600 residents, confirming their low-income status through annual household income certifications. Established with a mission to expand affordable housing, OHDC operates as a nonprofit developer, working with local jurisdictions to construct, acquire, renovate, and manage permanent affordable housing units for low-income families and seniors. They do so either by directly owning properties or participating as a general partner in housing partnerships, often through Section 42 Limited Partnerships, which qualify under the Low-Income Housing Tax Credit Program. OHDC's involvement in these partnerships typically involves a minimal nonprofit contribution, ensuring the long-term provision of affordable housing for the community.

Orange Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orange Housing Development 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: $466,265
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,411

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The Orange Housing Development Corporation was established with the purpose of providing housing and related services to low-income individuals. As a nonprofit developer, it has collaborated with various local jurisdictions, engaging in the construction, acquisition, renovation, and management of affordable housing units for low-income families and seniors. The organization provides housing through both direct ownership and participation in housing partnerships. The mission-driven involvement in partnerships, such as Section 42 Limited Partnerships, which fall under the Low-Income Housing Tax Credit Program, supports the provision of long-term affordable housing. The nonprofit partner's role in these partnerships is typically minimal, often less than 1%, and may not require significant upfront capital contributions.

Eunice Bobert is the Chairman of Orange Housing Development Corporation. The CEO's salary of Orange Housing Development Corporation is $241,970 and their total compensation is $256,660.

Orange Housing Development Corporation's revenue in 2023 was $9,379,326.

The average compensation at Orange Housing Development Corporation during 2023 was $127,279. There are 6 employees at Orange Housing Development Corporation.

Here are 9 key members and their salaries (Orange Housing Development Corporation's CEO's salary is $241,970 and their total compensation is $256,660):

The Orange Housing Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here