Provident Housing Resources Inc

Organization Overview

Provident Housing Resources Inc is located in Huntington Beach, CA. The organization was established in 2001. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Provident Housing Resources Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Provident Housing Resources Inc generated $87.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (51.6%) each year. All expenses for the organization totaled $671.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDENT AFFORDABLE HOUSING RESOURCES, INC. SERVES THE POOR AND DISTRESSED, WORKS TO ELIMINATE DISCRIMINATION AND PREJUDICE, AND LESSENS NEIGHBORHOOD TENSIONS BY PROVIDING SAFE, DECENT AND AFFORDABLE HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION OWNED THREE PROPERTIES WITH APPROXIMATELY 604 UNITS. APPROXIMATELY 75% OF THESE UNITS ARE AVAILABLE FOR RESIDENTS WHO QUALIFY AS VERY LOW AND LOW INCOME FAMILIES. THE CORPORATION DEVELOPED AND IMPLEMENTED SERVICE-ENRICHED HOUSING PROGRAMS, INCLUDING HEALTH, SOCIAL AND EDUCATION PROGRAMS TO IMPROVE THE QUALITY OF LIFE AND POTENTIAL FOR PERSONAL GROWTH OF ITS RESIDENTS. COMPUTER TRAINING, ADULT BASIC EDUCATION, SUPPORT GROUPS, FOOD AND NUTRITION CLASSES AND JOB READINESS TRAINING ARE EXAMPLES OF PROGRAMS THAT WERE OFFERED TO THE RESIDENTS OF THE FACILITIES IN 2020.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Philip J Kennedy
President And CEO
$250,000
Kathryn T Walker
Treasurer And CFO
$40,000
William W Hirsch
Director
$0
Vasilios Salamandrakis
Director
$0
William J Todd
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bk Multifamily Services Llc
Management Services
$182,052
Lbk Management Services Inc
Management Services
$302,655
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$73,000
Investment income $49,911
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$45,993
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $87,467

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Provident Housing Resources Inc has recieved totaling $94,524.

Awarding OrganizationAmount
Provident Resources Group Inc

Baton Rouge, LA

PURPOSE: Program Support

$94,524
View Grant Recipient Profile

Create an account to unlock the data you need.

or