Daffy

Hearthstone Housing Foundation

Hearthstone Housing Foundation

Newport Beach, CA
Tax ID33-0651131

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About this organization

Revenue

$1,751,530

Expenses

$1,484,535

Mission

Hearthstone Housing Foundation is dedicated to providing service-enriched affordable housing for families of low income, the elderly and the disabled. Hearthstone's charter also includes combating community deterioration to lessen the burdens of government.

About

Acquisition, development and management of affordable housing properties.

Interesting data from their 2019 990 filing

The filing documents outline the non-profit's mission as “Hearthstone housing foundation is dedicated to providing service-enriched affordable housing for families of low income, the elderly and the disabled. hearthstones charter also includes combating community deterioration to lessen the burdens of government. our mission is carried out by:-partnering with private developers to build quality housing in areas of need-coordinating property management and supportive services to promote self-sufficiency and independence for residents-leveraging funds to increase the availability of affordable housing-advocating on behalf of low income seniors, families and the disabled-providing support for programs which promote the development of affordable housing-offering academic scholarships to our residents and surrounding communities.our vision:our vision is for all people to enjoy quality affordable housing regardless of their age or income, and that all persons have access to necessary services in order to maintain a self-sufficient and independent l”.

When outlining the tasks it performs, they were referred to as: “Hearthstone housing foundation is dedicated to providing service-enriched affordable housing for families of low income, the elderly and the disabled. hearthstones charter also includes combating community deterioration to lessen the burdens of government.”.

  • The non-profit's reported state of operation is CA as per legal requirements.
  • The filing reveals that the address of the non-profit in 2019 is 4000 MacArthur Blvd Suite 105, NEWPORT BEACH, CA, 92660.
  • As of 2019, the non-profit has 9 employees reported on their 990 form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $266,995.
  • The compensation policy for the CEO of the organization is established through a review and endorsement from an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 4 independent voting members.
  • The organization was formed in 1995.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $804,738 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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