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Corporation For Better Housing

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

EIN: 954550322 ✦ Woodland hills, CA ✦ Designated as a 501(c)(3)

Overview

What is Corporation For Better Housing?

The Corporation For Better Housing is a nonprofit organization headquartered at 20750 Ventura Blvd 155, Woodland Hills, California, 91364. Its primary mission is to promote and contribute to the development and enhancement of affordable housing units for low-income individuals primarily in California, having accomplished the creation of approximately 4,000 such units across 18 counties. The organization's focus on this cause is reflected in both its activity and mission descriptions. With a modest workforce of three employees, the Corporation For Better Housing remains dedicated to making a significant impact on housing affordability in the United States, with a particular emphasis on California.


Official website here: www.corpforbetterhousing.com

Is Corporation For Better Housing legitimate?

Corporation For Better Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporation For Better Housing 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: $382,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,588

For more financial information, click here


Official website here: www.corpforbetterhousing.com

What is the mission statement of Corporation For Better Housing?

The Corporation For Better Housing is dedicated to enhancing the availability of affordable housing in the United States, with a primary focus on California. Through its mission, the organization actively works towards the development and enhancement of low-income housing nationwide. To date, the Corporation has successfully developed approximately 4,000 affordable housing units across eighteen counties in California. This commitment to improving living conditions for individuals and families in need is a testament to the organization's unwavering dedication to its cause.


Official website here: www.corpforbetterhousing.com

Who is the CEO of Corporation For Better Housing?

John Eleftheriou is the Ceo of Corporation For Better Housing. The CEO's salary of Corporation For Better Housing is $0 and their total compensation is $0.


Official website here: www.corpforbetterhousing.com

What is the revenue of Corporation For Better Housing?

Corporation For Better Housing's revenue in 2022 was $20,928,821.


Official website here: www.corpforbetterhousing.com

Who are the executives of Corporation For Better Housing and what are their salaries?

The average compensation at Corporation For Better Housing during 2022 was $175,104. There are 3 employees at Corporation For Better Housing.

Here are 4 key members and their salaries (Corporation For Better Housing's CEO's salary is $0 and their total compensation is $0):

    Lori Koester (Executive Dir.) [Trustee/Director]
  • Compensation: $364,946
  • Related: $0
  • Other: $17,777

    • John Eleftheriou (Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Ismail (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Tidd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.corpforbetterhousing.com

    Where can I find the form 990 for Corporation For Better Housing?

    The Corporation For Better Housing’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.corpforbetterhousing.com

    Learn more at the official website: www.corpforbetterhousing.com

    Mission Statement of Corporation For Better Housing

    The Corporation For Better Housing, a renowned nonprofit organization, is dedicated to championing and facilitating the development and enhancement of affordable housing units in the United States, with a significant focus on the state of California. This mission stems from a commitment to addressing the housing needs of low-income individuals and communities.

    In pursuit of its goal, the Corporation For Better Housing has made impressive strides, having developed no fewer than 4,000 affordable housing units across 18 counties in California. This substantial contribution to the housing landscape not only provides shelter but also offers opportunities for individuals and families to build a foundation for a better life.

    The organization's efforts extend beyond the mere construction of affordable housing units. By promoting and assisting in their improvement, the Corporation For Better Housing ensures that the living conditions of those in need are not only adequate but also comfortable and safe. This holistic approach to addressing the housing crisis is a testament to the organization's unwavering dedication to improving the lives of low-income individuals and families.

    Impact

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




    Thursday, August 15, 2024

    Corporation For Better Housing's impact can be seen in the development and improvement of low-income housing in the United States, focusing primarily in the state of California. The organization has successfully developed 4,000 affordable housing units in 18 counties in California. Through their efforts, they have made significant strides in providing housing opportunities for individuals and families in need. Their work contributes to creating more stable and secure communities while addressing the critical issue of affordable housing accessibility.





    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: $321,266
  • Program Service Revenue: $19,870,052
  • Gross Receipts: $20,928,821

    • Assets and Liabilities:
  • Total Assets: $399,165,553
  • Total Liabilities: $337,471,919
  • Net Assets: $61,693,634
  • Programs

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

    DEVELOPER FEE

    Revenue

    $14,672,789

    MANAGEMENT FEE

    Revenue

    $555,581

    OTHER INCOME

    Revenue

    $112,354

    RENTAL INCOME

    Revenue

    $4,357,624

    SOCIAL SERVICE FEE

    Revenue

    $86,279

    Organization Details

    Founding Year

    1995

    Principal Officer

    John Eleftheriou

    Main Address

    20750 Ventura Blvd 155, Woodland Hills, CA, 91364

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Corporation For Better Housing 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.