Monterey County Housing Authority Development Corporation
Monterey County Housing Authority Development Corporation
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About this organization
Revenue
$2,827,086
Expenses
$1,767,515
Mission
To acquire, rehabilitate, develop, own and operate affordable housing and the provisions of related services for low-, very low-, and moderate-income households where no adequate housing exists for such households. These services are for and on behalf of the housing authority of the county of Monterey, the city of Soledad housing authority, other political subdivisions of the state of California, and nonprofit corporations, which are exempt from federal tax under section 501(c)(3) of the code or successor provision, and to carry on other charitable activities associated with these goals as allowed by law.
About
Acquire, rehabilitate, develop, own, or operate affordable housing for very moderately low income households.
Interesting data from their 2020 990 filing
The non-profit's mission, as described in the filing, is “See schedule o”.
When describing its duties, they were characterized as: “To acquire, rehabilitate, develop, own and operate affordable housing and the provisions of related services for low-, very low-, and moderate-income households where no adequate housing exists for such households. these services are for and on behalf of the housing authority of the county of monterey, the city of soledad housing authority, other political subdivisions of the state of california, and nonprofit corporations, which are exempt from federal tax under section 501(c)(3) of the code or successor provision, and to carry on other charitable activities associated with these goals as allowed by law.”.
- The non-profit has complied with legal regulations by reporting their state of operation as CA.
- The filing shows that the non-profit's address as of 2020 is 123 RICO STREET, SALINAS, CA, 93907.
- As of 2020, the non-profit has reported a total of 8 employees on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,059,571.
- The organization has 8 independent voting members.
- The organization was formed in 2005.
- The organization pays $735,981 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.