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Stovall Development Corporation

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

EIN: 952542353 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Stovall Development Corporation?

Stovall Development Corporation is a nonprofit organization situated in Los Angeles, California. Committed to serving the elderly community, they offer assistance through various programs, with a primary focus on providing affordable housing. As a public housing facility organization, their mission is to enhance the lives of elderly tenants, providing them with essential support and resources. Their operations are centered around this crucial mission, ensuring the well-being of the elderly population in their community.


Is Stovall Development Corporation legitimate?

Stovall Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stovall 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: $203,826

For more financial information, click here


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

Mission Statement of Stovall Development Corporation

Stovall Development Corporation, a nonprofit organization, is dedicated to aiding elderly tenants through its various programs. At its core, this mission revolves around providing affordable housing solutions. Based in Los Angeles, CA, this public housing facility organization prioritizes the well-being of its elderly tenant population. Stovall Development Corporation strives to make a positive impact in the lives of its elderly tenants, offering them a supportive living environment and necessary assistance.

Impact

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




Sunday, July 21, 2024

Stovall Development Corporation plays a crucial role in supporting elderly tenants in Los Angeles through its affordable housing programs. By providing assistance to this vulnerable population, Stovall Development Corporation helps ensure that elderly individuals have access to safe and affordable housing options. This not only improves their quality of life but also addresses issues related to housing insecurity and homelessness among older adults. Through its dedicated efforts, Stovall Development Corporation makes a meaningful impact on the lives of elderly tenants in the community, offering them stability and support in their golden years.





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: $22,708
  • Program Service Revenue: $842,538
  • Gross Receipts: $4,075,119

    • Assets and Liabilities:
  • Total Assets: $16,309,217
  • Total Liabilities: $10,226,646
  • Net Assets: $6,082,571
  • Programs

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

    TENANT RENTS

    Revenue

    $842,538

    Organization Details

    Principal Officer

    Richard Washington

    Main Address

    C/O 3460 S BROADWAY, LOS ANGELES, CA, 90007

    NTEE Category

    Code: L820 - Housing

    If you are a representative of Stovall 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.