Walnut-Pixley Inc.
Walnut-Pixley Inc.
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About this organization
Revenue
$35,289
Expenses
$3,934
Mission
Acquisition, development, and operation of low-income housing, including participation in real estate partnerships as the nonprofit general partner.
About
Mission-based investing to foster housing for low-income families and seniors. The organization participates in Section 42 limited partnerships which qualify under the low-income housing tax credit programs. The ownership percentage as the nonprofit partner is generally 1% or less and for many projects the up-front capital contributions is not required or insignificant. Participation in housing partnerships is an extension of the mission to provide long-term affordable housing.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Walnut-pixley inc was established to expand housing opportunities for low-income households.”.
When referring to its tasks, they were described as: “Acquisition, development, and operation of low-income housing, including participation in real estate partnerships as the nonprofit general partner.”.
- The non-profit is operating legally in the state of CA.
- The non-profit's address for the year 2020 is listed as 414 E CHAPMAN AVENUE, ORANGE, CA, 928661510 in the filing.
- The form submitted by the non-profit organization for 2020 reports 0 employees.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is $31,355.
- The organization has 5 independent voting members.
- The organization was formed in 1992.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.