Housing Corporation Of America

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

EIN: 870457932 ✦ Bountiful, UT ✦ Designated as a 501(c)(3)

Overview

What is Housing Corporation Of America?

Housing Corporation of America is a nonprofit organization situated in Bountiful, Utah, with its headquarters at 1592 South 500 West 202. Their primary mission is to develop and manage housing projects, catering to individuals and families with low to moderate incomes. The corporation strives to preserve and provide affordable housing, thereby enhancing the surrounding communities. By offering residents an improved standard of living, Housing Corporation of America aims to instill a sense of dignity and pride in its residents. The organization has a dedicated team of 12 employees working towards these objectives.


Official website here: www.housingcorpofamerica.com

Is Housing Corporation Of America legitimate?

Housing Corporation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Corporation Of America 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: $409,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $667,134

For more financial information, click here


Official website here: www.housingcorpofamerica.com

What is the mission statement of Housing Corporation Of America?

The Housing Corporation of America's mission is centered around preserving and providing affordable housing for individuals and families with moderate income. In addition, the corporation strives to enhance the surrounding communities and instill a sense of dignity and pride in the residents by improving their living standards. The organization's activities primarily involve the development and management of housing projects, ensuring that these projects cater to the needs of the low-income population.


Official website here: www.housingcorpofamerica.com

Who is the CEO of Housing Corporation Of America?

Carol Cromar is the Vice President of Housing Corporation Of America.


Official website here: www.housingcorpofamerica.com

What is the revenue of Housing Corporation Of America?

Housing Corporation Of America's revenue in 2022 was $2,192,630.


Official website here: www.housingcorpofamerica.com

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

The average compensation at Housing Corporation Of America during 2022 was $89,717. There are 12 employees at Housing Corporation Of America.

Here are 8 key members and their salaries:

    Corey Heimlich (Vice President) [Trustee/Director]
  • Compensation: $150,492
  • Related: $0
  • Other: $41,328

    • Bonnie Young (Secretary)
  • Compensation: $126,600
  • Related: $0
  • Other: $18,600

    • Carol Cromar (President/Treasurer) [Trustee/Director]
  • Compensation: $126,377
  • Related: $0
  • Other: $18,377

    • Nicole Weinstock (Director Of Resident Services)
  • Compensation: $100,077
  • Related: $0
  • Other: $12,626

    • Scott L Bringhurst Jr (Chairman) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Mark F Nelson (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Sandra Greenway (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Mark B Cohen (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0


  • Official website here: www.housingcorpofamerica.com

    Where can I find the form 990 for Housing Corporation Of America?

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


    Official website here: www.housingcorpofamerica.com

    Learn more at the official website: www.housingcorpofamerica.com

    Mission Statement of Housing Corporation Of America

    Housing Corporation of America, a nonprofit organization, is committed to preserving and providing affordable housing, aiming to enhance the surrounding communities in the process. Their mission is twofold: firstly, they strive to improve the living conditions of low and moderate-income individuals and families by developing and managing housing projects. Secondly, they aim to offer these residents a sense of dignity and pride associated with an improved standard of living. By fulfilling this mission, Housing Corporation of America not only provides shelter but also contributes to the betterment of the communities they serve.

    Impact

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




    Saturday, July 20, 2024

    Housing Corporation Of America makes a significant impact by preserving and providing affordable housing for low and moderate-income individuals and families. They not only focus on developing housing projects but also manage them effectively. By doing so, they improve surrounding communities and offer residents a sense of dignity and pride associated with an improved standard of living. This organization plays a crucial role in ensuring that housing remains accessible to those who need it most, thus contributing to the overall well-being of the community.





    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: $174,481
  • Program Service Revenue: $2,018,123
  • Gross Receipts: $2,192,630

    • Assets and Liabilities:
  • Total Assets: $13,575,832
  • Total Liabilities: $47,746
  • Net Assets: $13,528,086
  • Programs

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

    PARTNERSHIP FEE REVENU

    Revenue

    $1,654,889

    CONSULTING FEE INCOME

    Revenue

    $100,000

    REIMBURSED EXPENSES

    Revenue

    $95,509

    DEVELOPER FEE INCOME

    Revenue

    $87,500

    INCENTIVE MANAGEMENT F

    Revenue

    $80,225

    Organization Details

    Founding Year

    1990

    Principal Officer

    Carol Cromar

    Main Address

    1592 SOUTH 500 WEST 202, BOUNTIFUL, UT, 84010

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Housing Corporation Of America 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.