Innovative Housing Opportunities, Inc.
Innovative Housing Opportunities, Inc.
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About this organization
Mission
To enrich communities by providing high-quality affordable housing, impactful resident services, and economic self-reliance™ programs to those most in need.
About
The organization is working in the Southern California area to identify land on which to develop or existing structures to rehabilitate, to provide housing to low to moderate income individuals and families. The organization's current projects in service are Woodbridge Manor, Norwalk Towers, Harding Street, and Acacia Street Apartments. Woodbridge Manor has 165 affordable units rented to low income seniors and disabled persons. Norwalk Towers has 185 affordable units rented to low income families. Harding Street has 22 duplexes rented to low-moderate income families. Acacia Street Apartments has 16 affordable units rented to veterans and individuals who are currently active in the military. Derian Apartments has 80 affordable units rented to low income families.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “To develop affordable housing that benefits extremely low to moderate income households by developing housing through new construction, rehabilitation of existing structures and acquisition as an independent developer, or through joint ventures.”.
When referring to its actions, they were described as: “The purpose is to develop affordable housing that benefits extremely low to moderate income households by developing housing through new construction, rehabilitation of existing structures and acquisition as an independent developer, or through joint ventures. by developing new housing or rehabilitating existing housing, it provides the necessary services to enable these people to remain in their homes.”.
- According to the law, the state of operation reported by the non-profit is CA.
- As per the filing, the address of the non-profit for 2020 is 501 N GOLDEN CIRCLE NO 100, SANTA ANA, CA, 92705.
- According to their form, the non-profit as of 2020 has a total of 9 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $236,193.
- The organization has 14 independent voting members.
- The organization was formed in 1976.
- The organization pays $763,190 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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