Housing Alternatives Inc a Ca Non Profit Public Benefit Corp
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO DEVELOP, PROVIDE, PROMOTE AND PRESERVE AFFORDABLE HOUSING THROUGHOUT THE STATE OF CALIFORNIA.
- Income
- $258,573
- Spending
- $299,034
- Spent on programs
- 60%
- Reserves
- Over 10 years of spending
- Largest source of income
- fees for its services, 91%
- Employees
- 2
- Volunteers
- 10
- Highest pay
- $138,000, president & ceo
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
Fair: 63 out of 100. Higher than 62% of charities in its peer group (housing, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
0 of 15Income fell 69% on the year before.
Spending floor
8 of 1559% 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
Fair: 61 out of 100. Higher than 20% of charities in its peer group (housing, $250k to $1m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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 (3)
- $156,611 spent. DEVELOPS AND PRESERVES AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUAL AND FAMILIES. ACTIVITIES INCLUDE PRESERVING AND MANAGING EXISTING AFFORDABLE HOUSING STOCK. IN 2024, PRESERVED 150 UNITS, PROVIDING HOUSING FOR APPROXIMATELY 432 RESIDENTS.
- $18,800 spent. PROVIDES RESIDENT SERVICES TO PROMOTE LONG-TERM HOUSING STABILITY AND SELF-SUFFICIENCY. ACTIVITIES INCLUDE CASE MANAGEMENT, FINANCIAL LITERACY AND CREDIT COUNSELING, EMPLOYMENT READINESS TRAINING AND CONNECTION TO PUBLIC BENEFITS. THE PROGRAM ALSO OFFERS WELLNESS WORKSHOPS, COMMUNITY ENGAGEMENT ACTIVITIES AND RESOURCE NAVIGATION SUPPORT. IN 2024, SERVICED 150 RESIDENTS THROUGH INDIVIDUALIZED SUPPORT AND GROUP PROGRAMS.
- $2,500 spent. LEADS NEIGHBORHOOD IMPROVEMENT EFFORTS THROUGH PARTNERSHIPS WITH LOCAL AGENCIES AND CHURCHES. ACTIVITIES INCLUDE BEAUTIFICATION, BACK TO SCHOOL SPONSORSHIPS FOR KIDS AND HOMEOWNERSHIP COUNSELING. IN 2024, BENEFITED 50 HOUSEHOLDS THROUGH COMMUNITY EVENTS.
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
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 7, 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.