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Los Angeles Senior Citizen Housing Corp

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

EIN: 953866933 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Los Angeles Senior Citizen Housing Corp?

Los Angeles Senior Citizen Housing Corp is a California-based nonprofit organization, established to provide housing for the elderly. In 1988, it began operating a 50-unit rental community in Los Angeles, adhering to Section 202 of the National Housing Act. The corporation operates under a regulatory agreement with the U.S. Department of Housing and Urban Development, which oversees rental charges and operational methods. The primary objective of Los Angeles Senior Citizen Housing Corp is to provide elderly individuals with a secure living space, ensuring they receive the care and support they require.


Is Los Angeles Senior Citizen Housing Corp legitimate?

Los Angeles Senior Citizen Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Senior Citizen Housing Corp 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: $0

For more financial information, click here


What is the mission statement of Los Angeles Senior Citizen Housing Corp?
Who is the CEO of Los Angeles Senior Citizen Housing Corp?
What is the revenue of Los Angeles Senior Citizen Housing Corp?
Who are the executives of Los Angeles Senior Citizen Housing Corp and what are their salaries?
Where can I find the form 990 for Los Angeles Senior Citizen Housing Corp?

Mission Statement of Los Angeles Senior Citizen Housing Corp

Los Angeles Senior Citizen Housing Corp was established as a California nonprofit corporation with a mission to provide affordable housing for the elderly. The corporation operates a 50-unit rental community, which commenced operations in 1988. It operates under Section 202 of the National Housing Act, and its operations are regulated by a regulatory agreement with the U.S. Department of Housing and Urban Development. This agreement governs the rental charges and operating methods of the property, ensuring that the elderly residents can afford safe and comfortable living spaces. The corporation's mission is centered around providing a supportive living environment for senior citizens, enabling them to maintain their independence and dignity in their later years.

Impact

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




Sunday, July 21, 2024

Los Angeles Senior Citizen Housing Corp's impact lies in providing affordable housing options for the elderly in Los Angeles. As a California corporation operating under Section 202 of the National Housing Act, it owns and operates a 50-unit rental housing community specifically designed for seniors. This initiative, established in 1988, addresses the critical need for housing solutions tailored to the aging population, ensuring that these individuals have access to safe and suitable accommodations. By executing a regulatory agreement with the U.S. Department of Housing and Urban Development, Los Angeles Senior Citizen Housing Corp plays a vital role in facilitating housing options that cater to the unique needs of elderly residents in the city.





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: $1,134
  • Program Service Revenue: $194,309
  • Gross Receipts: $1,226,630

    • Assets and Liabilities:
  • Total Assets: $2,752,842
  • Total Liabilities: $1,804,410
  • Net Assets: $948,432
  • Programs

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

    RENTAL INCOME

    Revenue

    $194,309

    Organization Details

    Founding Year

    1983

    Principal Officer

    Douglas Cope

    Main Address

    10991 W PICO BLVD, LOS ANGELES, CA, 90064

    NTEE Category

    Code: B90 - Education

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