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EIN 46-5478037 · Alhambra, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 11% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO FOSTER, SUPPORT, CONSTRUCT, DEVELOP, ACQUIRE, REHABILITATE, MANAGE AND/OR OPERATE AND PROVIDE QUALIFIED AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES, QUALIFIED HOUSING FOR MENTALLY AND PHYSICALLY CHALLENGED PERSONS, AND QUALIFIED HOUSING FOR ELDERLY PERSONS WITHIN THE UNITED STATES.

Income
$3.1 million
Spending
$403,292
Spent on programs
11%
Reserves
115.7 months of spending
Largest source of income
fees for its services, 66%
Employees
0
Volunteers
3
Highest pay
$10,000, treasurer / secretary

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 67% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 115.7 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 87% of income.

  • Income trend

    15 of 15

    Income rose 126% on the year before.

  • Spending floor

    0 of 15

    11% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 32% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    3 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $43,514 spent. 1: AFFORDABLE HOUSING DEVELOPMENT - SAN DIEGO COUNTY PERMANENT SUPPORTIVE HOUSINGCOMPLETED CONSTRUCTION AND STABILIZATION OF A 41-UNIT, 100% AFFORDABLE PERMANENT SUPPORTIVE HOUSING DEVELOPMENT SERVING FORMERLY HOMELESS INDIVIDUALS AND FAMILIES EARNING AT OR BELOW 30% OF AREA MEDIAN INCOME (AMI). THE DEVELOPMENT INCLUDES STUDIO, ONE-BEDROOM, AND TWO-BEDROOM UNITS WITH ON-SITE SUPPORTIVE SERVICES AND AMENITIES INCLUDING OUTDOOR OPEN SPACE AND A DOG RUN.LOCATED IN SAN DIEGO COUNTY, THE PROJECT REPRESENTS PHASE II OF A COMPREHENSIVE CAMPUS DEVELOPMENT ADJACENT TO A FEDERALLY QUALIFIED HEALTH CENTER, PROVIDING RESIDENTS WITH DIRECT ACCESS TO MEDICAL AND WELLNESS SERVICES. THE DEVELOPMENT UTILIZED INNOVATIVE MODULAR CONSTRUCTION WITH REPURPOSED SHIPPING CONTAINERS FABRICATED OFF-SITE, ENABLING COMPLETION IN APPROXIMATELY 14 MONTHS.FINANCING WAS STRUCTURED THROUGH A COMBINATION OF STATE AND LOCAL SUBSIDIES ALONG WITH PROJECT-BASED VOUCHERS, WITHOUT UTILIZING LOW-INCOME HOUSING TAX CREDITS. TOTAL DEVELOPMENT COST: APPROXIMATELY $23,000,000. 2: AFFORDABLE HOUSING DEVELOPMENT - SAN JOAQUIN COUNTY FAMILY AND FARMWORKER HOUSINGCLOSED CONSTRUCTION FINANCING AND COMMENCED DEVELOPMENT OF A 100-UNIT, 100% AFFORDABLE HOUSING COMMUNITY SERVING LOW-INCOME FAMILIES AND AGRICULTURAL WORKERS IN SAN JOAQUIN COUNTY EARNING BETWEEN 30% AND 60% OF AREA MEDIAN INCOME (AVERAGE AFFORDABILITY APPROXIMATELY 47% AMI).THE THREE-STORY, WOOD-FRAME DEVELOPMENT WILL INCLUDE ONE-, TWO-, AND THREE-BEDROOM UNITS WITH COMPREHENSIVE ON-SITE AMENITIES INCLUDING A TOT LOT, COMMUNITY ROOM, PASEO OPEN SPACE, ON-SITE LAUNDRY FACILITIES, SURFACE PARKING WITH ELECTRIC VEHICLE CHARGING STATIONS, BIKE PARKING, AND HEALTH AND WELLNESS SERVICES PROVIDING LIFE-SKILLS PROGRAMMING FOR RESIDENTS.THE PROJECT IS FINANCED THROUGH STATE SUBSIDIES, TAX-EXEMPT BONDS, AND 4% FEDERAL LOW-INCOME HOUSING TAX CREDITS. CONSTRUCTION COMPLETION IS SCHEDULED FOR FALL 2026.3: AFFORDABLE HOUSING DEVELOPMENT - SACRAMENTO COUNTY FAMILY HOUSINGCLOSED CONSTRUCTION FINANCING AND COMMENCED DEVELOPMENT OF A 140-UNIT, 100% AFFORDABLE HOUSING COMMUNITY SERVING LOW-INCOME FAMILIES IN SACRAMENTO COUNTY EARNING BETWEEN 30% AND 70% OF AREA MEDIAN INCOME.THE THREE-STORY, WOOD-FRAME DEVELOPMENT WILL INCLUDE ONE-, TWO-, AND THREE-BEDROOM UNITS WITH COMPREHENSIVE ON-SITE AMENITIES INCLUDING A TOT LOT, COMMUNITY ROOM, PASEO OPEN SPACE, ON-SITE LAUNDRY FACILITIES, SURFACE PARKING WITH ELECTRIC VEHICLE CHARGING STATIONS, BIKE PARKING, AND HEALTH AND WELLNESS SERVICES PROVIDING LIFE-SKILLS PROGRAMMING FOR RESIDENTS.THE PROJECT IS FINANCED THROUGH TAX-EXEMPT BONDS, 4% FEDERAL LOW-INCOME HOUSING TAX CREDITS, STATE TAX CREDITS, AND EIGHT PROJECT-BASED VOUCHERS. CONSTRUCTION COMPLETION IS SCHEDULED FOR FALL 2026.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.