Rio Hondo Community Development Corporation
Rio Hondo Community Development Corporation
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About this organization
Mission
To improve and preserve the housing inventory that is decent and affordable to low and moderate income persons; to promote the social welfare of the community by relieving poverty, dependency, chronic unemployment and underemployment; and to combat community deterioration and promote the restoration of economic vitality to areas experiencing economic distress.
About
Improve, construct and preserve housing that is decent and affordable to low and moderate income individuals.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “To improve and preserve the housing inventory that is decent and affordable to low and moderate income persons; to promote the social welfare of the community by relieving poverty, dependency, chronic unemployment and underemployment; and to combat community deterioration and promote the restoration of economic vitality to areas experiencing economic distress.”.
When talking about its functions, they were outlined as: “To improve and preserve the housing inventory that is decent and affordable to low and moderate income persons; to promote the social welfare of the community by relieving poverty, dependency, chronic unemployment and underemployment; and to combat community deterioration and promote the restoration of economic vitality to areas experiencing economic distress.”.
- The legally reported state of operation for the non-profit is CA.
- The non-profit organization as of 2019 has a total of 3 employees reported on their 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 between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $8,206.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization has a written policy that delegates the management duties.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 12 independent voting members.
- The organization was formed in 2002.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $32,026 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 has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.