Encino Development & Management Inc

Encino Development & Management Inc, located in Albuquerque, New Mexico, is a dedicated nonprofit organization. Their primary objective is to provide comprehensive management services for affordable housing, specifically catering to the very low-income elderly and handicapped individuals aged 62 and above. They oversee four properties in New Mexico, namely Encino Gardens, Encino Terrace, Encino El Paseo, and Villa Teresa, through the use of a management company. Their mission is to offer rental housing and related facilities and services to eligible lower-income elderly households at a non-profit, substantially below-market basis, designed to meet their physical, social, and psychological needs. The corporation may also borrow money and issue debt instruments to further its objectives, and execute regulatory agreements with the Secretary of Housing and Urban Development to accomplish its purpose.

Encino Development & Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Encino Development & Management 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Encino Development & Management Inc's primary mission is to offer development, management, and administrative services for affordable housing, catering specifically to the very low-income elderly and handicapped individuals aged 62 and above. The corporation's purpose is to manage its properties to provide rental housing and related facilities and services for eligible lower-income elderly households. It achieves this goal by offering housing at a non-profit, substantially below market rate, tailored to meet the physical, social, and psychological needs of the elderly. In addition, Encino Development & Management Inc may borrow money and issue debt instruments to further its objectives, securing these through mortgages, pledges, or other liens on its properties. The corporation aims to execute all necessary actions to accomplish its goals, including the execution of a regulatory agreement with the Secretary of Housing and Urban Development.

John Rockwell is the Director of Encino Development & Management Inc.

Encino Development & Management Inc's revenue in 2023 was $900,027.

The Encino Development & Management Inc’s most recent form 990 was submitted in 2023 and can be accessed here