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Las Palmas Foundation

Las Palmas Foundation

Encinitas, CA 92024
Tax ID33-0497515

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Amount

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About this organization

Revenue

$914,698

Expenses

$963,148

Website

laspalmashousing.com

Mission

Dedicated to acquire, develop, rehabilitate, and support affordable housing. The 501(c)(3) organization was created to increase and improve housing for low to moderate income families, mentally and physically challenged persons, single parent, elderly, New American and Native American individuals. Our undertaking to affordable housing includes: developing apartments for low and moderate-income individuals and families. Providing programs for tenants, such as job development, after school programs, computer education, parent/tenant education, health services, nutrition and money management classes, and individual/family counseling. Securing housing for individuals to decrease neighborhood tensions and to combat community deterioration; thus, lessening the burdens of government.

About

Managing general partner in Amcal Macarthur Fund Limited Partnership which operates a 32 unit affordable family apartment complex in Oakland, CA.

Interesting data from their 2020 990 filing

The purpose of the non-profit is listed in the filing as “Las palmas foundation, a california non-profit corporation, is dedicated to acquire, develop, rehabilitate, and support affordable housing. the organization was created to increase and improve housing for low and moderate income families and individuals.”.

When discussing its operations, they were characterized as: “Las palmas foundation, a california non-profit corporation, is dedicated to acquire, develop, rehabilitate, and support affordable housing. the organization was created to increase and improve housing for low and moderate income families and individuals.”.

  • The filing states that the non-profit's address in the year 2020 is 531 Encinitas Boulevard 206, Encinitas, CA, 92024.
  • The form submitted by the non-profit for 2020 shows a total of 7 employees.
  • 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 $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$48,450.
  • The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 3 independent voting members.
  • The organization was formed in 1991.
  • 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's financial statements were compiled or reviewed by an accountant.
  • The organization pays $830,511 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 has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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