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Housing Promise Corporation

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

EIN: 450468656 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Housing Promise Corporation?

Housing Promise Corporation is a nonprofit organization based in Los Angeles, California, specifically at 2600 Wilshire Blvd, with a mission to aid in the financing of the development of affordable housing. This initiative is aimed at replacing Aliso Village and is connected to the Housing Authority of the City of Los Angeles, California. The organization's goal is to contribute to the provision of affordable housing in the region, supporting the community's need for suitable housing solutions.


Official website here: www.hacla.org

Is Housing Promise Corporation legitimate?

Housing Promise Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Promise 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.hacla.org

What is the mission statement of Housing Promise Corporation?

The Housing Promise Corporation's mission is centered around providing financial assistance to facilitate the development of affordable housing. Specifically, it focuses on projects managed by the Housing Authority in a particular city. Its primary goal is to contribute to the creation of affordable housing units, as demonstrated by its involvement in replacing the Aliso Village.


Official website here: www.hacla.org

Who is the CEO of Housing Promise Corporation?

A Anderson is the Secretary of Housing Promise Corporation.


Official website here: www.hacla.org

What is the revenue of Housing Promise Corporation?

Housing Promise Corporation's revenue in 2022 was $2,450,097.


Official website here: www.hacla.org

Who are the executives of Housing Promise Corporation and what are their salaries?

Here are 3 key members and their salaries:

    A Anderson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Holder (Nonprofit Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Booth (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hacla.org

    Where can I find the form 990 for Housing Promise Corporation?

    The Housing Promise Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hacla.org

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

    Mission Statement of Housing Promise Corporation

    Housing Promise Corporation, a nonprofit organization, is dedicated to aiding in the financing of the development of affordable housing. Specifically, their mission is centered around supporting the Housing Authority of the City of Los Angeles, California, in the creation of such housing units. The primary goal of Housing Promise Corporation is to contribute to the financing of affordable housing projects, with a focus on replacing the Aliso Village. This commitment to affordable housing development aims to provide a viable living solution for individuals and families in need, contributing to a more equitable and inclusive community.

    Impact

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




    Saturday, July 20, 2024

    Housing Promise Corporation's impact revolves around its mission to assist in the financing of affordable housing projects, particularly those owned by the Housing Authority of the City of Los Angeles, California. By focusing on the development of affordable housing, the organization plays a vital role in addressing housing challenges in Los Angeles and ensuring that individuals and families have access to safe and affordable living spaces. This impact is significant in helping to combat housing insecurity and improving the overall quality of life for residents in the city.





    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: $0
  • Gross Receipts: $2,450,097

    • Assets and Liabilities:
  • Total Assets: $3,165,751
  • Total Liabilities: $0
  • Net Assets: $3,165,751
  • Organization Details

    Founding Year

    2019

    Principal Officer

    A Anderson

    Main Address

    2600 Wilshire Blvd, Los Angeles, CA, 90057

    NTEE Category

    Code: L11 - Housing

    If you are a representative of Housing Promise 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.