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Alliance Of Casa La Linda

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

EIN: 650791636 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

Overview

What is Alliance Of Casa La Linda?

Alliance of Casa La Linda is a nonprofit organization situated in Fort Myers, Florida. With a mission to provide housing, they offer 185 rental units specifically catering to low and moderate-income individuals. As of March 31, 2022, 165 of these units were occupied, and the rental income was considered a charitable activity under section 501(c)(3) due to meeting the safe harbor criteria in Revenue Procedure 96-32. The organization also sold one of its properties during the same period, with the proceeds intended to support its mission further. Currently, the Alliance of Casa La Linda employs nine individuals in its operations.


Official website here: www.none

Is Alliance Of Casa La Linda legitimate?

Alliance Of Casa La Linda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance Of Casa La Linda 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: $279,518

For more financial information, click here


Official website here: www.none

What is the mission statement of Alliance Of Casa La Linda?

The Alliance of Casa La Linda's mission is centered around providing rental units to individuals who fall under the category of low and moderate-income earners. This organization operates with the objective of making housing accessible to those who might otherwise struggle to secure suitable living spaces. As of March 31, 2022, the Alliance had 165 occupied rental units, with the rental income from these units qualifying as a charitable activity under the 501(c)(3) tax-exempt status due to meeting the safe harbor criteria within Revenue Procedure 96-32 of the Internal Revenue Service. Moreover, the organization has reserved the proceeds from the sale of one of its properties for furthering its mission.


Official website here: www.none

Who is the CEO of Alliance Of Casa La Linda?

Angelia C Smith is the Chairman of Alliance Of Casa La Linda.


Official website here: www.none

What is the revenue of Alliance Of Casa La Linda?

Alliance Of Casa La Linda's revenue in 2022 was $5,471,378.


Official website here: www.none

Who are the executives of Alliance Of Casa La Linda and what are their salaries?

The average compensation at Alliance Of Casa La Linda during 2022 was $31,058. There are 9 employees and 4 volunteers at Alliance Of Casa La Linda.

Here are 5 key members and their salaries:

    Angelia C Smith (Sec/Treas) [Trustee/Director]
  • Compensation: $60,011
  • Related: $0
  • Other: $0

    • E Bruce Strayhorn (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Flossie M Riley (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles B Dailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abra Knight-Salley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Alliance Of Casa La Linda?

    The Alliance Of Casa La Linda’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Alliance Of Casa La Linda

    Alliance of Casa La Linda, as a nonprofit organization, is dedicated to providing rental units to qualified individuals falling under the low and moderate-income bracket. By offering these housing solutions, the organization aims to contribute positively to its community, serving as a charitable activity under the 501(c)(3) category, as it meets the safe harbor criteria outlined in Revenue Procedure 96-32 of the Internal Revenue Service. In addition, the Alliance had 165 occupied rental units as of March 31, 2022, further demonstrating its commitment to this mission. In a notable endeavor, the organization sold one of its properties during the same period, with the proceeds earmarked for advancing its mission.

    Impact

    This information is meant to be a general summary of Alliance Of Casa La Linda. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Alliance Of Casa La Linda's impact is significant in providing affordable housing options to qualified low and moderate-income tenants in Fort Myers, Florida. With 185 rental units available, the organization plays a vital role in addressing the housing needs of the community. As of March 31, 2022, 165 units were occupied, demonstrating the tangible difference the Alliance is making in providing safe and stable housing for individuals and families in need. Additionally, through their charitable activities, the Alliance is able to meet the safe harbor criteria set by the IRS, further emphasizing their commitment to serving the community. By selling properties and using the proceeds to further their mission, the Alliance is able to sustain and expand their impact, ensuring that more individuals have access to affordable housing options.





    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: $4,359,766
  • Program Service Revenue: $1,050,301
  • Gross Receipts: $7,326,755

    • Assets and Liabilities:
  • Total Assets: $8,731,640
  • Total Liabilities: $114,371
  • Net Assets: $8,617,269
  • Programs

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

    LOW INCOME HOUSING

    Revenue

    $1,050,301

    Organization Details

    Founding Year

    1997

    Principal Officer

    Angelia C Smith

    Main Address

    PO BOX 1844, FORT MYERS, FL, 33902

    Website

    www.none

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Alliance Of Casa La Linda 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.