Overview
What is Paisano Housing Re-Development Corp?
Paisano Housing Re-Development Corp is a non-profit organization based in El Paso, Texas. Their mission is to promote community reinvestment by financing institutions to support the affordable housing needs of lower-income residents. They do this through community development lending, affordable housing, or linked deposit programs. By developing, financing, and managing quality affordable housing, they aim to improve the quality of life for economically challenged families. Additionally, they provide opportunities for low and moderate-income residents to undertake business enterprises and achieve self-sufficiency through education, job training, and employment programs. The organization also offers social services to support these efforts. They rely on gifts, contributions, or assistance from other non-profit corporations to further their cause.
Official website here: www.hacep.org
Is Paisano Housing Re-Development Corp legitimate?
Paisano Housing Re-Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paisano Housing Re-Development Corp 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.hacep.org
What is the mission statement of Paisano Housing Re-Development Corp?
The Paisano Housing Re-Development Corp focuses on enhancing the lives of economically disadvantaged families by constructing, funding, and managing affordable housing. They aim to promote community reinvestment by encouraging financial institutions to support the affordable housing needs of lower-income residents through various programs. These initiatives include community development lending, affordable housing, and linked deposit programs. Additionally, the organization supports and provides opportunities for low and moderate-income residents to become self-sufficient by engaging in education, job training, and employment programs. By doing so, they aim to reduce their reliance on public benefits and lessen their burden on the government. Furthermore, they offer social services to bolster business enterprises, self-sufficiency, and family and community improvement efforts of low and moderate-income residents.
Official website here: www.hacep.org
Who is the CEO of Paisano Housing Re-Development Corp?
Satish Bhaskar is the Commissioner of Paisano Housing Re-Development Corp. The CEO's salary of Paisano Housing Re-Development Corp is $0 and their total compensation is $0.
Official website here: www.hacep.org
What is the revenue of Paisano Housing Re-Development Corp?
Paisano Housing Re-Development Corp's revenue in 2022 was $38,704,103.
Official website here: www.hacep.org
Who are the executives of Paisano Housing Re-Development Corp and what are their salaries?
- Sandy Azco (Commissioner) [Trustee/Director]
- Ralph Carrasco (Chairperson) [Trustee/Director]
- Jose Balderrama (Resident Commisioner) [Trustee/Director]
- Marty Reyes (Vice-Chairperson) [Trustee/Director]
- Gerald Cichon (Chief Executive Officer)
- Satish Bhaskar (Chief Financial Officer)
Official website here: www.hacep.org
Where can I find the form 990 for Paisano Housing Re-Development Corp?
The Paisano Housing Re-Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hacep.org
Learn more at the official website: www.hacep.org
Mission Statement of Paisano Housing Re-Development Corp
Paisano Housing Re-Development Corp, a renowned non-profit organization, is dedicated to improving the quality of life for economically challenged families. The cornerstone of their mission lies in developing, financing, and managing quality affordable housing. By doing so, they strive to provide opportunities for self-sufficiency, enabling families to reduce their dependence on public benefits and contribute less to government.
Beyond housing, Paisano Housing Re-Development Corp extends its reach to community reinvestment. They finance institutions to support the affordable housing needs of lower income residents, employing community development lending, affordable housing, or linked deposit programs. Their primary goal is to ensure that everyone has access to safe and affordable living spaces, regardless of their financial situation.
Moreover, Paisano Housing Re-Development Corp empowers low and moderate income residents by offering them opportunities to undertake business enterprises. Their education, job training, and employment programs equip individuals with the necessary skills to become self-sufficient and independent. The organization also provides social services to support business enterprises, self-sufficiency, and family and community improvement efforts.
In summary, Paisano Housing Re-Development Corp is a leading non-profit organization that promotes community reinvestment and improves the lives of economically challenged families. Through affordable housing initiatives, business development opportunities, and social services, they create sustainable solutions for individuals and communities.
Impact
This information is meant to be a general summary of Paisano Housing Re-Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Paisano Housing Re-Development Corp's impact is evident in its proactive efforts to improve the quality of life for economically challenged families. By developing, financing, and managing quality affordable housing, the organization provides vital opportunities for individuals to achieve self-sufficiency.
Moreover, Paisano Housing Re-Development Corp promotes community reinvestment by collaborating with financial institutions to support the affordable housing needs of lower-income residents through various programs such as community development lending, affordable housing initiatives, and linked deposit programs.
Through its support of low and moderate-income residents in starting business enterprises and participating in education, job training, and employment programs, the organization aims to reduce dependency on public benefits and alleviate the burden on the government. Additionally, by providing social services to assist with business endeavors, self-sufficiency, and family and community improvement efforts, Paisano Housing Re-Development Corp is creating a lasting impact in its community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER'S FEES
Revenue
$7,253,637
Organization Details
Founding Year
1996
Phone
(915) 849-3730
Principal Officer
Satish Bhaskar
Main Address
304 TEXAS AVE SUITE 1600, EL PASO, TX, 79901
Website
www.hacep.org
NTEE Category
Code: L80 - Housing
If you are a representative of Paisano Housing Re-Development Corp 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.