nonprofit logo

A Community Of Friends

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

EIN: 954203106 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is A Community Of Friends?

A Community of Friends (ACOF) is a California-based affordable housing developer dedicated to providing permanent supportive housing for formerly homeless individuals and families dealing with mental illness. After developing the housing units, ACOF manages the properties, ensuring supportive services are accessible to tenants. Approximately half of the buildings in ACOF's portfolio receive direct services, while community-based social service agencies offer assistance in the remaining buildings. In summary, A Community of Friends is an affordable housing organization committed to creating homes and offering essential services for individuals and families battling mental illness.


Official website here: www.acof.org

Is A Community Of Friends legitimate?

A Community Of Friends is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Community Of Friends 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: $573,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,281,781

For more financial information, click here


Official website here: www.acof.org

What is the mission statement of A Community Of Friends?

A Community of Friends (ACOF) is a specialized affordable housing developer dedicate to creating permanent supportive housing for formerly homeless individuals and families grappling with mental illness. After developing properties, ACOF manages the housing and guarantees the provision of supportive services to tenants. Approximately half of the buildings in ACOF's portfolio receive these services directly from the organization, while the remaining buildings partner with community-based social service agencies to offer assistance. The mission of A Community of Friends is to provide quality, sustainable housing along with essential supportive services, empowering people with mental illness to live independently and thrive.


Official website here: www.acof.org

Who is the CEO of A Community Of Friends?

Dora Leong Gallo is the President/Chief Executive of A Community Of Friends. The CEO's salary of A Community Of Friends is $218,098 and their total compensation is $241,742.


Official website here: www.acof.org

What is the revenue of A Community Of Friends?

A Community Of Friends's revenue in 2022 was $19,454,068.


Official website here: www.acof.org

Who are the executives of A Community Of Friends and what are their salaries?

The average compensation at A Community Of Friends during 2022 was $49,047. There are 99 employees and 15 volunteers at A Community Of Friends.

Here are 23 key members and their salaries (A Community Of Friends's CEO's salary is $218,098 and their total compensation is $241,742):

    Dora Leong Gallo (President/Chief Executive)
  • Compensation: $218,098
  • Related: $0
  • Other: $23,644

    • Renae S Dement (Chief Financial Officer)
  • Compensation: $157,578
  • Related: $0
  • Other: $22,178

    • Mee Heh Risdon (Director Of Housing)
  • Compensation: $140,073
  • Related: $0
  • Other: $15,727

    • Ayde Gonzalez (Chief Operating Officer)
  • Compensation: $137,049
  • Related: $0
  • Other: $15,329

    • Adriana Stephanie Quiquivix (Senior Project Manager)
  • Compensation: $122,805
  • Related: $0
  • Other: $11,816

    • Patrick John Day (Senior Asset Manager)
  • Compensation: $119,303
  • Related: $0
  • Other: $10,141

    • James Ramirez (Director Of Services)
  • Compensation: $114,521
  • Related: $0
  • Other: $6,765

    • Diedra Mosley (Interim Director Of Property)
  • Compensation: $104,193
  • Related: $0
  • Other: $14,254

    • Michael S Linsk (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean L Leonard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Binenfeld (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Garfield (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Dominguez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhiannon Diaz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip N Feder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Garcia (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Freeman (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helena L Jubany Faia Leed Ap (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula Stamp (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Lee Moore Pe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norma Dominguez (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell B Menzer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne-Marie Jones (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.acof.org

    Where can I find the form 990 for A Community Of Friends?

    The A Community Of Friends’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.acof.org

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

    Mission Statement of A Community Of Friends

    A Community Of Friends (ACOF) is a dedicated affordable housing developer, focusing on the creation of permanent supportive housing for individuals and families overcoming mental illness and homelessness. Once buildings are developed, ACOF assumes operation and ensures the delivery of critical supportive services to tenants. The organization extends its support to roughly half of the properties within its extensive portfolio, while partnering with local community-based social service agencies to offer services in the remaining buildings.

    In essence, A Community Of Friends serves as a beacon of hope for formerly homeless men and women grappling with mental health challenges. By providing them with a stable and supportive housing environment, ACOF empowers them to rebuild their lives and reclaim their dignity. Each resident receives the necessary care and resources, enabling them to overcome the barriers that once kept them from thriving.

    Moreover, ACOF's commitment to supportive services goes beyond its direct involvement. By collaborating with community partners, the organization extends its reach and expands the scope of assistance offered to its tenants. This collaborative approach ensures that residents receive comprehensive care tailored to their unique needs, maximizing their chances for long-term success and independence. ACOF's mission reflects a deep understanding of the complex challenges faced by those dealing with mental illness and homelessness, and its unwavering dedication to providing them with the resources and support needed to overcome these hurdles and build a brighter future.

    Impact

    This information is meant to be a general summary of A Community Of Friends. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    A Community Of Friends has a significant impact in providing quality permanent supportive housing for people with mental illness in Los Angeles, California. Through its development and operation of affordable housing properties, ACOF plays a vital role in addressing homelessness and supporting individuals and families living with mental illness. ACOF's mission is to develop and operate permanent supportive housing, ensuring the provision of supportive services to tenants. By partnering with community-based social service agencies, ACOF is able to provide comprehensive support to its residents, making a meaningful difference in the lives of those in need.





    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: $53,218
  • Program Service Revenue: $13,059,120
  • Gross Receipts: $19,454,068

    • Assets and Liabilities:
  • Total Assets: $60,441,352
  • Total Liabilities: $56,288,660
  • Net Assets: $4,152,692
  • Programs

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

    GROSS RENTAL REVENUE

    Revenue

    $6,481,388

    DEVELOPER FEES

    Revenue

    $5,398,210

    PARTNERSHIP & PROPERTY MGMT FEES

    Revenue

    $979,274

    ADMINISTRATIVE FEES

    Revenue

    $122,940

    OTHER PROGRAM SERVICES

    Revenue

    $77,308

    Organization Details

    Founding Year

    1988

    Principal Officer

    Dora Leong Gallo

    Main Address

    3701 WILSHIRE BLVD 700, LOS ANGELES, CA, 90010

    NTEE Category

    Code: L200 - Housing

    If you are a representative of A Community Of Friends 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.