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Esperanza Housing And Community Development Corporation

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

EIN: 330515218 ✦ San diego, CA ✦ Designated as a 501(c)(3)

Overview

What is Esperanza Housing And Community Development Corporation?

Esperanza Housing and Community Development Corporation, based in San Diego, California, is a nonprofit organization dedicated to addressing housing needs and promoting community development for underprivileged individuals. They achieve this mission by collaborating as a limited partner in various limited partnerships, primarily developed and managed by Community HousingWorks. These partnerships are instrumental in providing affordable housing options for low-income individuals. Esperanza's role in these ventures includes development, ownership, acquisition, lending, and investment, aiming to improve the overall housing and economic conditions of the disadvantaged population. By participating in these initiatives, Esperanza Housing and Community Development Corporation contributes to creating a more equitable and livable community.


Official website here: www.chworks.org

Is Esperanza Housing And Community Development Corporation legitimate?

Esperanza Housing And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza Housing And Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chworks.org

What is the mission statement of Esperanza Housing And Community Development Corporation?

Esperanza Housing and Community Development Corporation is committed to providing affordable housing opportunities for individuals with low and moderate incomes. They achieve this goal through various means, including development, ownership, acquisition, lending, and investment. Additionally, the corporation strives to promote community development with the aim of improving the housing and economic conditions of underprivileged communities. They achieve this mission by participating as a limited partner in various limited partnerships, which are developed and operated by Community HousingWorks to provide affordable housing for low-income individuals.


Official website here: www.chworks.org

Who is the CEO of Esperanza Housing And Community Development Corporation?

Sean Spear is the President & Ceo of Esperanza Housing And Community Development Corporation. The CEO's salary of Esperanza Housing And Community Development Corporation is $0 and their total compensation is $356,406.


Official website here: www.chworks.org

What is the revenue of Esperanza Housing And Community Development Corporation?

Esperanza Housing And Community Development Corporation's revenue in 2022 was $1,058,745.


Official website here: www.chworks.org

Who are the executives of Esperanza Housing And Community Development Corporation and what are their salaries?

Here are 4 key members and their salaries (Esperanza Housing And Community Development Corporation's CEO's salary is $0 and their total compensation is $356,406):

    Sean Spear (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $344,126
  • Other: $12,280

    • Brian Kay (Cfo)
  • Compensation: $0
  • Related: $290,698
  • Other: $7,576

    • Don Ambrose (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noni Ramos (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chworks.org

    Where can I find the form 990 for Esperanza Housing And Community Development Corporation?

    The Esperanza Housing And Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chworks.org

    Learn more at the official website: www.chworks.org

    Mission Statement of Esperanza Housing And Community Development Corporation

    Esperanza Housing and Community Development Corporation is dedicated to addressing the housing needs of low-income individuals and contributing to the overall improvement of their economic conditions. This California-based nonprofit corporation achieves its mission through various strategies, including development, ownership, acquisition, lending, and investment in affordable housing opportunities. By collaborating with other entities, such as Community HousingWorks, Esperanza participates as a limited partner in several limited partnerships that develop and operate affordable housing for the underprivileged. These partnerships file separate tax returns and contribute to Esperanza's mission of creating housing for low-income individuals and fostering community development. By engaging in these activities, Esperanza aims to positively impact the living situations and economic prospects of those who are often overlooked in society.

    Impact

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




    Thursday, August 15, 2024

    Esperanza Housing and Community Development Corporation's impact is significant in creating affordable housing opportunities for low and moderate-income individuals. Through development, ownership, acquisition, lending, and investment, Esperanza works to improve housing and economic conditions for the underprivileged. By partnering with various entities and organizations, Esperanza plays a crucial role in promoting community development and addressing the housing needs of vulnerable populations in San Diego, CA. Their mission to provide affordable housing solutions contributes to enhancing the overall well-being of individuals and communities in need.





    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: $0
  • Program Service Revenue: $1,058,745
  • Gross Receipts: $1,058,745

    • Assets and Liabilities:
  • Total Assets: $55,504,610
  • Total Liabilities: $3,845,336
  • Net Assets: $51,659,274
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $22,491

    OTHER TENANT CHARGES

    Revenue

    $139,207

    PROGRAM INCOME

    Revenue

    $897,047

    Organization Details

    Founding Year

    1991

    Principal Officer

    Sean Spear

    Main Address

    3111 CAMINO DEL RIO NORTH STE 800, SAN DIEGO, CA, 92108

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Esperanza Housing And Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.