Carpenters Housing Corporation

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

EIN: 941723682 ✦ Santa rosa, CA ✦ Designated as a 501(c)(3)

Overview

What is Carpenters Housing Corporation?

Carpenters Housing Corporation is a nonprofit organization, established in Santa Rosa, California. Its primary mission is to develop, own, and operate an apartment complex catering to the needs of low-income families and individuals with disabilities. The complex, consisting of 231 rental units, is regulated by the U.S. Department of Housing and Urban Development (HUD), ensuring reasonable rent charges. The corporation's activities are centered around providing affordable housing, ensuring that a diverse group of people can reside in a well-maintained and supportive community. The organization currently employs 15 individuals in accomplishing its mission.


Is Carpenters Housing Corporation legitimate?

Carpenters Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carpenters Housing Corporation 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: $177,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $972,262

For more financial information, click here


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

Mission Statement of Carpenters Housing Corporation

Carpenters Housing Corporation, a nonprofit organization, was established with a mission to develop, own, and manage an apartment complex comprising 231 rental units. These units are specifically designed for low-income families and individuals with disabilities. This project is regulated under Section 236 of the National Housing Act, ensuring that the rental charges adhere to certain standards. The corporation's mission is to provide affordable housing options, contributing to the well-being and stability of its residents.

Impact

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




Sunday, July 21, 2024

The Carpenters Housing Corporation's impact lies in providing essential affordable housing solutions for low-income families and handicapped individuals in Santa Rosa, California. Through its development, ownership, and operation of a 231-unit apartment complex, the corporation addresses a critical need in the community. By offering regulated rental units under Section 236 of the National Housing Act, the organization ensures that vulnerable populations have access to safe and stable housing options. Overall, the Carpenters Housing Corporation plays a vital role in improving the quality of life and fostering economic stability for individuals and families facing challenges in securing affordable housing.





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: $33,653
  • Program Service Revenue: $3,442,680
  • Gross Receipts: $3,476,333

    • Assets and Liabilities:
  • Total Assets: $4,709,856
  • Total Liabilities: $319,554
  • Net Assets: $4,390,302
  • Programs

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

    HUD SECTION 8 ASSISTANCE

    Revenue

    $706,781

    LAUNDRY INCOME

    Revenue

    $56,371

    OTHER INCOME

    Revenue

    $7,584

    TENANT RENTS

    Revenue

    $2,671,944

    Organization Details

    Founding Year

    1969

    Principal Officer

    John Casey

    Main Address

    2600 NORTHCOAST STREET, SANTA ROSA, CA, 95403

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Carpenters Housing Corporation 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.