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Burbank Housing Corporation

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

EIN: 952627136 ✦ Burbank, CA ✦ Designated as a 501(c)(3)

Overview

What is Burbank Housing Corporation?

Burbank Housing Corporation is a nonprofit organization situated in Burbank, California. Its primary mission is to transform dilapidated buildings into safe, attractive, and affordable housing units for individuals and families with modest income levels. The corporation collaborates with the city to acquire these properties and offers affordable housing options. Additionally, the organization provides community and family support services to the residents of Burbank, including programs such as community service programs, family resources, and childcare centers. The childcare centers are also available for the immediate family members of employees working in Burbank, as an added benefit. The organization's ultimate goal is to develop, upgrade, and preserve affordable housing opportunities for lower and moderate-income households in Burbank, while enriching the quality of life for its residents. The corporation is staffed by a team of 4 dedicated individuals.


Official website here: www.burbankhousingcorp.org

Is Burbank Housing Corporation legitimate?

Burbank Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Burbank 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: $255,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,096,386

For more financial information, click here


Official website here: www.burbankhousingcorp.org

What is the mission statement of Burbank Housing Corporation?

The mission of Burbank Housing Corporation is centered around two primary objectives. Firstly, it aims to enhance and maintain affordable housing options for lower and moderate-income households. Secondly, the organization focuses on providing services that enhance the quality of life for its residents. To accomplish these goals, Burbank Housing Corporation transforms poorly maintained buildings into safe, attractive, and affordable housing. It also collaborates with relevant authorities to acquire properties for this purpose. The organization's services extend beyond housing, including community and family support services such as community service programs, activity centers, family resources, and child care facilities. These services are also made available, secondarily, to individuals and their immediate family members who are employed in the city, demonstrating a broader commitment to community well-being.


Official website here: www.burbankhousingcorp.org

Who is the CEO of Burbank Housing Corporation?

Chris Welker is the President of Burbank Housing Corporation.


Official website here: www.burbankhousingcorp.org

What is the revenue of Burbank Housing Corporation?

Burbank Housing Corporation's revenue in 2022 was $7,023,032.


Official website here: www.burbankhousingcorp.org

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

The average compensation at Burbank Housing Corporation during 2022 was $587,901. There are 4 employees at Burbank Housing Corporation.

Here are 11 key members and their salaries:

    Sylvia Moreno (Executive Dir.)
  • Compensation: $135,561
  • Related: $0
  • Other: $0

    • Raha Arnold (Director)
  • Compensation: $119,658
  • Related: $0
  • Other: $0

    • Chris Welker (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alisa Cunningham (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth Martinez-Baenen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victory Georgino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Burger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn English (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brock Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Camille Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.burbankhousingcorp.org

    Where can I find the form 990 for Burbank Housing Corporation?

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


    Official website here: www.burbankhousingcorp.org

    Learn more at the official website: www.burbankhousingcorp.org

    Mission Statement of Burbank Housing Corporation

    Burbank Housing Corporation is dedicated to two primary objectives. Firstly, it endeavors to enhance and maintain affordable housing opportunities for low and moderate-income households. By acquiring, upgrading, and preserving properties, the corporation ensures that these households have access to safe and affordable living spaces.

    Secondly, Burbank Housing Corporation focuses on enriching the lives of its residents by providing community and family support services. These services include community service programs, family resources, and childcare centers. The organization goes beyond its housing mission by making these facilities available not only to low and moderate-income residents but also to employees and their families in the city. By transforming poorly maintained buildings into safe, attractive, and affordable housing, the corporation contributes significantly to the well-being of its community.

    Impact

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




    Sunday, July 21, 2024

    Burbank Housing Corporation's impact lies in its dedication to developing, upgrading, and preserving affordable housing opportunities for lower and moderate-income households in Burbank, California. By transforming poorly maintained buildings into safe, attractive, and affordable housing, the organization plays a crucial role in addressing the housing needs of individuals and families in the city. Additionally, Burbank Housing Corporation provides community and family support services, including operating family resources and child care centers, enriching the quality of life for residents in its communities. Through its focus on affordable housing and community services, Burbank Housing Corporation positively impacts the lives of those with limited financial means in Burbank.





    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: $11,540
  • Program Service Revenue: $6,806,033
  • Gross Receipts: $7,023,032

    • Assets and Liabilities:
  • Total Assets: $46,882,309
  • Total Liabilities: $78,409,392
  • Net Assets: -$31,527,083
  • Programs

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

    Child Care

    Revenue

    $2,964,670

    Rental and Related Income

    Revenue

    $3,841,363

    Organization Details

    Founding Year

    1997

    Principal Officer

    Chris Welker

    Main Address

    1819 Grismer Avenue, Burbank, CA, 91504

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Burbank 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.