La Serena Housing Development Corporation

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

EIN: 942840358 ✦ Visalia, CA ✦ Designated as a 501(c)(3)

Overview

What is La Serena Housing Development Corporation?

La Serena Housing Development Corporation is a nonprofit organization situated in Visalia, California, specifically at 5140 W CYPRESS AVENUE. Their primary objective is to offer housing facilities and services tailored to the unique needs of low-income, elderly, and disabled individuals. This mission aligns with Section 221(D)(3)/Section 8 of the National Housing Act. The organization's purpose is to create an environment that caters to the physical, social, and psychological needs of its residents, ensuring they can live comfortably and safely.


Is La Serena Housing Development Corporation legitimate?

La Serena Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Serena Housing Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,291

For more financial information, click here


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

Mission Statement of La Serena Housing Development Corporation

La Serena Housing Development Corporation is committed to providing housing for individuals who are elderly or disabled and fall within the brackets of low and moderate income levels. This nonprofit organization operates with the primary goal of offering specialized housing facilities and services tailored to meet the physical, social, and psychological needs of these individuals. They achieve this objective under the provisions of Section 221(D)(3) and Section 8 of the National Housing Act.

In essence, La Serena Housing Development Corporation serves as a beacon of hope for elderly and disabled persons who may be struggling financially. By providing them with suitable housing, this organization aims to enhance their quality of life and promote their overall well-being. The housing facilities offered by La Serena Housing Development Corporation are designed to cater to the unique needs of its residents, ensuring they live in an environment that supports their physical and psychological health.

Impact

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




Wednesday, July 24, 2024

La Serena Housing Development Corporation has a significant impact on the community by providing essential housing solutions for elderly and disabled individuals with low and moderate income levels. Their focus on offering specially designed housing facilities and services tailored to meet the physical, social, and psychological needs of this vulnerable demographic demonstrates a commitment to enhancing their quality of life. By operating under Section 221(D)(3)/Section 8 of the National Housing Act, La Serena Housing Development Corporation plays a vital role in ensuring that those most in need have access to safe and affordable housing options in Visalia, CA.





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: $1,789
  • Program Service Revenue: $557,866
  • Gross Receipts: $563,231

    • Assets and Liabilities:
  • Total Assets: $1,459,525
  • Total Liabilities: $2,197,200
  • Net Assets: -$737,675
  • Programs

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

    RENTAL REVENUE

    Revenue

    $557,866

    Organization Details

    Founding Year

    1982

    Principal Officer

    Ken Kugler

    Main Address

    5140 W CYPRESS AVENUE, VISALIA, CA, 93277

    NTEE Category

    Code: L21 - Housing

    If you are a representative of La Serena Housing Development 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.