Independence Square Housing Corp Inc.
Independence Square Housing Corp Inc.
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About this organization
Revenue
$1,806,564
Expenses
$1,409,279
Mission
To operate a 100 unit apartment complex located in Watsonville, California, as housing for qualified handicapped and elderly tenants through mortgage financing from the U.S. Department of Housing and Urban Development ('HUD').
About
To operate a 100 unit apartment complex located in Watsonville, California, as housing for qualified handicapped and elderly tenants through mortgage financing from the U.S. Department of Housing and Urban Development ('HUD'). The organization operates the apartment complex under the provisions of Section 202 of the National Housing Act, utilizing the HUD Section 8 rent subsidy program for eligible tenants.
Interesting data from their 2019 990 filing
The filing outlines the non-profit's goal as “To operate a 100 unit apartment complex located in watsonville, california, as housing for qualified handicapped and elderly tenants through mortgage financing from the u.s. department of housing and urban development ("hud").”.
When explaining its purpose, the activities were outlined as: “To operate a 100 unit apartment complex located in watsonville, california, as housing for qualified handicapped and elderly tenants through mortgage financing from the u.s. department of housing and urban development ("hud").”.
- As per legal reporting requirements, the state of operation for the non-profit is CA.
- The non-profit's address for 2019 is listed as 1355 MADISON STREET, WATSONVILLE, CA, 95076 in the filing.
- As per the non-profit's form, they have 14 employees as of 2019.
- 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 $397,285.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has a written policy that delegates the management duties.
- The organization has 10 independent voting members.
- The organization was formed in 1977.
- The organization is required to file Schedule O.
- The organization pays $738,521 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.
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