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Fourth Street Senior Citizen Housing Corporation

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

EIN: 954527348 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Fourth Street Senior Citizen Housing Corporation?

The Fourth Street Senior Citizen Housing Corporation is a California-based nonprofit organization, established with the primary objective of providing housing for the very low-income elderly population. Situated in Santa Monica, California, the corporation operates under Section 202 of the National Housing Act. It manages a 66-unit rental housing project, which commenced operations in December 2001. The corporation's operations are regulated by a regulatory agreement with the U.S. Department of Housing and Urban Development, which oversees rental charges and operational methods. This nonprofit's mission aims to cater to the housing needs of the elderly, ensuring affordability and adhering to the guidelines set by the relevant authorities.


Is Fourth Street Senior Citizen Housing Corporation legitimate?

Fourth Street Senior Citizen Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fourth Street Senior Citizen 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Fourth Street Senior Citizen Housing Corporation

Fourth Street Senior Citizen Housing Corporation, a California-based nonprofit organization, was established with a mission to provide affordable housing for elderly individuals with very low income. Operating under Section 202 of the National Housing Act, the corporation acquired a 66-unit rental housing project located in Santa Monica, California. Since its inception in December 2001, the corporation has been regulated by the U.S. Department of Housing and Urban Development. The regulatory agreement governs the project's rental charges and operating methods, ensuring that the elderly residents receive affordable housing solutions. The corporation's mission is centered around providing a comfortable living environment for the elderly population, ensuring their housing needs are met under the guidelines set by the National Housing Act.

Impact

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




Wednesday, July 24, 2024

Fourth Street Senior Citizen Housing Corporation's impact can be seen in providing a vital service to very low-income elderly individuals in Santa Monica, California. By owning and operating a 66-unit rental housing project under Section 202 of the National Housing Act, the corporation ensures that this vulnerable population has a stable and affordable place to call home. Their regulatory agreement with the U.S. Department of Housing and Urban Development further underscores their commitment to maintaining fair rental charges and operating methods for the residents. In essence, Fourth Street Senior Citizen Housing Corporation plays a crucial role in addressing the housing needs of the elderly in the community.





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: $3,356
  • Program Service Revenue: $268,002
  • Gross Receipts: $636,256

    • Assets and Liabilities:
  • Total Assets: $6,129,233
  • Total Liabilities: $5,630,368
  • Net Assets: $498,865
  • Programs

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

    RENTAL INCOME

    Revenue

    $268,002

    Organization Details

    Founding Year

    2001

    Principal Officer

    Douglas J Cope

    Main Address

    10991 W PICO BLVD, LOS ANGELES, CA, 90064

    NTEE Category

    Code: L22 - Housing

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