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Housing & Education Alliance Inc

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

EIN: 431963410 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

Overview

What is Housing & Education Alliance Inc?

Housing & Education Alliance Inc, established in 2002, is a 501(c)3 organization situated in Tampa, Florida. As a HUD-certified counseling agency and an affiliate of the National Council of La Raza (NCLR), it offers culturally sensitive, bilingual housing counseling services to the community. With a team of 9 employees, the nonprofit has provided over 500,000 hours of education and one-on-one counseling, guiding over 49,000 families and individuals in financial literacy and the homebuying process. HEA supports homebuyers by teaching them how to manage their budgets, improve credit profiles, secure mortgage loans, and maintain homes. The organization also offers foreclosure prevention workshops and financial literacy programs for young adults and adults to develop good financial habits.


Official website here: www.heausa.org

Is Housing & Education Alliance Inc legitimate?

Housing & Education Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing & Education Alliance Inc 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: $233,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,041

For more financial information, click here


Official website here: www.heausa.org

What is the mission statement of Housing & Education Alliance Inc?

Housing & Education Alliance Inc's mission is centered around providing and sustaining homeownership opportunities. They achieve this through various services, including homebuyer education, counseling, lending, and the development of affordable housing. Established in 2002, the organization offers culturally sensitive, bilingual housing counseling services to its community. As an affiliate of the National Council of La Raza (NCLR) and a member of their National Homeownership Network (NHN), Housing & Education Alliance Inc can leverage additional resources to support the residents they serve. Over the years, the alliance has provided over 500,000 hours of education and one-on-one counseling to over 49,000 families and individuals, teaching them essential financial literacy and homebuying skills. Additionally, they offer foreclosure prevention workshops and financial literacy programs for young adults and adults, aiming to develop good financial habits and life skills.


Official website here: www.heausa.org

Who is the CEO of Housing & Education Alliance Inc?

Sylvia Alvarez is the Executive Di of Housing & Education Alliance Inc.


Official website here: www.heausa.org

What is the revenue of Housing & Education Alliance Inc?

Housing & Education Alliance Inc's revenue in 2022 was $2,532,219.


Official website here: www.heausa.org

Who are the executives of Housing & Education Alliance Inc and what are their salaries?

The average compensation at Housing & Education Alliance Inc during 2022 was $54,685. There are 9 employees and 6 volunteers at Housing & Education Alliance Inc.

Here are 7 key members and their salaries:

    Sylvia Alvarez (Executive Di)
  • Compensation: $145,417
  • Related: $0
  • Other: $0

    • Jim Parker (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Campbell (Sec/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Walker Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dario Jimenez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rene Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.heausa.org

    Where can I find the form 990 for Housing & Education Alliance Inc?

    The Housing & Education Alliance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.heausa.org

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

    Mission Statement of Housing & Education Alliance Inc

    Housing & Education Alliance Inc, established in 2002, is a 501(c)3 organization with a mission to provide and sustain homeownership opportunities for its community. This is accomplished through various services, including homebuyer education, counseling, lending, and the development of affordable housing. As an affiliate of the National Council of La Raza (NCLR) and a member of their National Homeownership Network (NHN), Housing & Education Alliance Inc brings additional resources to assist the residents in the communities it serves. The organization is dedicated to promoting financial literacy and guiding individuals and families through the homebuying process.

    Over the years, Housing & Education Alliance Inc has delivered over 500,000 hours of education and one-on-one counseling to over 49,000 families and individuals. The goal is to equip participants with the necessary tools for household financial management and budgeting to help them make informed decisions during the home purchasing process. Topics covered include credit understanding, budgeting, mortgage loan procurement, and maintaining finances post-purchase. Furthermore, the organization offers foreclosure prevention services, providing guidance to homeowners facing mortgage issues.

    The Financial Literacy Project is another initiative, aimed at educating young adults and adults on financial matters, banking, goal setting, budgeting, and credit. By engaging participants in fun and age-appropriate classroom exercises and online financial games, the project encourages positive behaviors and life skills that contribute to a financially successful adulthood. The program encourages goal setting, rewards for goal attainment, and demonstrates the financial benefits of saving and responsible credit card use, ultimately helping participants develop smart spending habits.

    Impact

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




    Saturday, July 20, 2024

    Housing & Education Alliance Inc has made a significant impact by providing and sustaining homeownership opportunities through services in homebuyer education, counseling, lending, and the development of affordable housing. Since its founding in 2002, this organization has delivered over 500,000 hours of education and one-on-one counseling to more than 49,000 families and individuals on financial literacy and the homebuying process.

    Approximately 18,000 individuals served by Housing & Education Alliance Inc have purchased their first home, either with or without government down payment assistance. Through their educational programs, participants learn how to improve their budget and credit profiles, secure a mortgage loan, and maintain their home and finances after purchase. Critical topics covered include understanding credit reports, repairing credit, working with lenders, choosing a realtor, and navigating the mortgage process.

    In addition to their homebuyer education services, Housing & Education Alliance Inc has also been actively involved in foreclosure prevention efforts, offering support to nearly 5,000 homeowners facing mortgage issues. Furthermore, their financial literacy project aims to educate young adults and adults on important financial matters such as banking, goal setting, budgeting, and understanding credit.

    Overall, Housing & Education Alliance Inc has been instrumental in empowering individuals and families with the knowledge and tools needed to make informed decisions in the home purchasing process, ultimately contributing to the stability and well-being of the communities they serve.





    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: $52,641
  • Gross Receipts: $2,532,219

    • Assets and Liabilities:
  • Total Assets: $651,175
  • Total Liabilities: $223,221
  • Net Assets: $427,954
  • Programs

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

    EDUCATION AND COUNSELING

    Revenue

    $52,641

    Organization Details

    Founding Year

    2002

    Principal Officer

    Sylvia Alvarez

    Main Address

    9215 N FLORIDA AVENUE STE 104, TAMPA, FL, 33612

    NTEE Category

    Code: L80 - Housing

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