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Echo Park Senior Citizen Housing Corporation

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

EIN: 954527352 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Echo Park Senior Citizen Housing Corporation?

Echo Park Senior Citizen Housing Corporation is a California-based nonprofit organization, established with the goal of providing affordable housing for the very low-income elderly population in Los Angeles. Operating under Section 202 of the National Housing Act, the corporation started its operations in October 2002. The organization owns a 41-unit rental housing project that falls under their jurisdiction. They have a regulatory agreement with the U.S. Department of Housing and Urban Development, which outlines the rental charges and operating methods for the project. The corporation's mission is centered around providing a safe and secure living environment for the elderly, contributing to the overall welfare of the community.


Is Echo Park Senior Citizen Housing Corporation legitimate?

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

Mission Statement of Echo Park Senior Citizen Housing Corporation

Echo Park Senior Citizen Housing Corporation, a California-based nonprofit organization, was established with a mission to provide housing for the very low-income elderly population. Operating under Section 202 of the National Housing Act, the corporation began its operations in October 2002, managing a 41-unit rental housing project in Los Angeles, California. The organization entered into a regulatory agreement with the U.S. Department of Housing and Urban Development, which sets guidelines for the project's rental charges and operating methods. The mission of Echo Park Senior Citizen Housing Corporation, therefore, is to ensure affordable, quality housing for the elderly, adhering to the regulations set by the U.S. Department of Housing and Urban Development.

Impact

This information is meant to be a general summary of Echo Park 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

Echo Park Senior Citizen Housing Corporation's impact is providing affordable housing for very low-income elderly individuals in Los Angeles. By owning and operating a 41-unit rental housing project, this organization ensures that this vulnerable population has a safe and stable place to live. This initiative not only addresses the critical need for affordable housing but also contributes to the well-being and quality of life of senior citizens in the community. Additionally, by operating under Section 202 of the National Housing Act and having a regulatory agreement with the U.S. Department of Housing and Urban Development, Echo Park Senior Citizen Housing Corporation is committed to maintaining ethical and sustainable practices in its operations. This dedicated focus on housing for the elderly demonstrates the organization's deep commitment to serving and supporting this often overlooked demographic.





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: $420
  • Program Service Revenue: $181,288
  • Gross Receipts: $499,507

    • Assets and Liabilities:
  • Total Assets: $4,173,261
  • Total Liabilities: $2,174,162
  • Net Assets: $1,999,099
  • Programs

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

    RENTAL INCOME

    Revenue

    $181,288

    Organization Details

    Founding Year

    1983

    Principal Officer

    Douglas J Cope

    Main Address

    10991 W PICO BLVD, LOS ANGELES, CA, 90064

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Echo Park Senior Citizen 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.