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Casa De Oro Foundation Inc.

Casa De Oro Foundation Inc.

Vernal, UT 84078
Tax ID77-0445845

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About this organization

Revenue

$72,058

Expenses

$138,153

Mission

The purpose of Casa De Oro Foundation is to provide and assist in providing housing to and for low and moderate income persons and families, particularly in distressed areas and neighborhoods and in redeveloped zones recognized by state, local and federal agencies.

About

Casa De Oro Foundation was stable in 2019 as the economy and jobs came into the area and loans had brought taxes and paid off debt. The foundation continued to provide affordable housing to various groups which had begun to recover from the economic downturn of previous years. Happy to say that many of our tenants were attending school and getting jobs which stabilized their lives and in many cases saw them recover from their drug addictions. Year end was stable and the future looked promising but of course that all changed with the appearance of COVID-19.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “The purpose of casa de oro foundation is to provide and assist in providing housing to and for low and moderate income persons and families, particularly in distressed areas and neighbordhoods and in redeveloped zones recognized by state, local and federal agencies.”.

When discussing its purpose, they were characterized as: “The purpose of casa de oro foundation is to provide and assist in providing housing to and for low and moderate income persons and families, particularly in distressed areas and neighbordhoods and in redeveloped zones recognized by state, local and federal agencies.”.

  • The state in which the non-profit is legally authorized to operate is CA, as reported.
  • The filing confirms that the non-profit's address in 2020 was 1630 S 2500 W, VERNAL, UT, 84078.
  • The form of the non-profit reports 0 employees as of 2020.
  • 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 less than $100,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is -$64,978.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 4 independent voting members.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.

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