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Pasadena Interfaith Housing Foundation Inc

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

EIN: 741999427 ✦ Pasadena, TX ✦ Designated as a 501(c)(3)

Overview

What is Pasadena Interfaith Housing Foundation Inc?

Pasadena Interfaith Housing Foundation Inc, a Texas-based nonprofit corporation, was established with the goal of providing safe and adequate housing for eligible low-income individuals. The organization operates a 176-unit apartment community in Pasadena, Texas, named Pasadena Interfaith Manor. Governed by a regulatory agreement with the U.S. Department of Housing and Urban Development (HUD), the project offers housing assistance payments contracts to ensure the facility's continuous operation. With this HUD contract, Pasadena Interfaith Housing Foundation Inc provides a secure living space for its residents.


Is Pasadena Interfaith Housing Foundation Inc legitimate?

Pasadena Interfaith Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pasadena Interfaith Housing Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Pasadena Interfaith Housing Foundation Inc?
Who is the CEO of Pasadena Interfaith Housing Foundation Inc?
What is the revenue of Pasadena Interfaith Housing Foundation Inc?
Who are the executives of Pasadena Interfaith Housing Foundation Inc and what are their salaries?
Where can I find the form 990 for Pasadena Interfaith Housing Foundation Inc?

Mission Statement of Pasadena Interfaith Housing Foundation Inc

Pasadena Interfaith Housing Foundation Inc was established with a mission to provide safe and adequate housing facilities to eligible low-income tenants. This nonprofit corporation owns and operates a 176-unit apartment community, known as Pasadena Interfaith Manor. The organization has entered into a regulatory agreement with the U.S. Department of Housing and Urban Development (HUD) and operates under a Housing Assistance Payments Contract with HUD. This contract enables Pasadena Interfaith Housing Foundation Inc to offer a secure living space to those who fall under the category of low-income tenants. The mission of this nonprofit organization is primarily focused on ensuring that individuals in need have access to decent housing, thereby contributing to their overall well-being.

Impact

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




Saturday, July 20, 2024

Pasadena Interfaith Housing Foundation Inc's impact is significant in providing a safe and adequate housing facility to eligible low-income tenants in Pasadena, Texas. Through owning and operating a 176-unit apartment community known as Pasadena Interfaith Manor, the foundation ensures that individuals in need have access to affordable housing. This initiative not only addresses the housing needs of low-income residents but also contributes to creating a stable and supportive community environment. By partnering with the U.S. Department of Housing and Urban Development (HUD) and implementing a Housing Assistance Payments contract, Pasadena Interfaith Housing Foundation Inc plays a vital role in supporting the well-being of vulnerable individuals and families in the area.





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 2023.

  • Investment Income: $1,176
  • Program Service Revenue: $600,477
  • Gross Receipts: $1,922,409

    • Assets and Liabilities:
  • Total Assets: $2,776,358
  • Total Liabilities: $6,025,747
  • Net Assets: -$3,249,389
  • Programs

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

    RENTAL INCOME

    Revenue

    $600,477

    Organization Details

    Founding Year

    1979

    Principal Officer

    Michael Pelzman

    Main Address

    2112 EASTHAVEN, PASADENA, TX, 77506

    NTEE Category

    Code: L210 - Housing

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