nonprofit logo

Sherman Oaks Senior Citizen Housing Corp

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

EIN: 954333910 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Sherman Oaks Senior Citizen Housing Corp?

Sherman Oaks Senior Citizen Housing Corp is a California-based nonprofit corporation, established with the primary objective of owning and managing an 83-unit rental housing project intended for the very low-income elderly population in Sherman Oaks, California. The project commenced operations on May 1, 1996, and operates under Section 202 of the National Housing Act. Sherman Oaks Senior Citizen Housing Corp has entered into a regulatory agreement with the U.S. Department of Housing and Urban Development, which regulates the project's operations, including rental charges and operating methods, ensuring affordable housing for its intended residents.


Is Sherman Oaks Senior Citizen Housing Corp legitimate?

Sherman Oaks Senior Citizen Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherman Oaks 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 Sherman Oaks Senior Citizen Housing Corp?
Who is the CEO of Sherman Oaks Senior Citizen Housing Corp?
What is the revenue of Sherman Oaks Senior Citizen Housing Corp?
Who are the executives of Sherman Oaks Senior Citizen Housing Corp and what are their salaries?
Where can I find the form 990 for Sherman Oaks Senior Citizen Housing Corp?

Mission Statement of Sherman Oaks Senior Citizen Housing Corp

Sherman Oaks Senior Citizen Housing Corp was established as a nonprofit organization with a mission to provide affordable housing for the very low-income elderly population. Operating under Section 202 of the National Housing Act, the corporation took charge of an 83-unit rental housing project located in Sherman Oaks, California. The project commenced operations on May 1, 1996, and the corporation agreed to abide by the regulatory regulations set by the U.S. Department of Housing and Urban Development. These regulations govern the project's operating methods and rental charges, ensuring that the elderly population can afford to live comfortably within the community. The corporation's mission is to offer a safe and affordable living space for elderly individuals, providing them with the necessary support to maintain a dignified lifestyle.

Impact

This information is meant to be a general summary of Sherman Oaks 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

Sherman Oaks Senior Citizen Housing Corp's impact is focused on providing affordable housing for very low-income elderly individuals in Sherman Oaks, California. By owning and operating an 83-unit rental housing project, the organization ensures that this vulnerable population has access to safe and affordable housing. Through its mission, Sherman Oaks Senior Citizen Housing Corp contributes to addressing the housing needs of the elderly community and plays a vital role in supporting their well-being and quality of life.





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: $1,772
  • Program Service Revenue: $312,034
  • Gross Receipts: $757,631

    • Assets and Liabilities:
  • Total Assets: $3,151,516
  • Total Liabilities: $1,928,216
  • Net Assets: $1,223,300
  • Programs

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

    RENTAL INCOME

    Revenue

    $312,034

    Organization Details

    Founding Year

    1996

    Principal Officer

    Douglas Cope

    Main Address

    10991 W PICO BLVD, LOS ANGELES, CA, 90064

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Sherman Oaks Senior Citizen Housing Corp 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.