Yale Ave Housing Inc
- Assets
- $25.0k
- Revenue
- $40.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Forest, CA
- Founding
- 12/2016
- Data as of
- 06/2022
- EIN
- 81-4548988
Organization Overview
Yale Ave Housing Inc is located in Lake Forest, CA. The organization was established in 2016. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Yale Ave Housing 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 06/2022, Yale Ave Housing Inc generated $40.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $43.9k during the year ending 06/2022. While expenses have increased by 13.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOW INCOME HOUSING TO QUALIFIED INDIVIDUALSVIA A LOW INCOME RENT CONTROLED RESIDENTIAL COMPEX CONSISTING OF 32 RESIDENTIAL UNITS
TO PROVIDE LOW INCOME HOUSING TO QUALIFIED INDIVIDUALS WITH MEDICAL PROBLEMS VIA DIRECT GRANTS TO QUALIFIED ORGANIZATIONS
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) | Role | Hours | Compensation |
|---|---|---|---|
Daniel E Fiola Treasurer | 2 | $0 | |
Richard Fiola President | 2 | $0 | |
Roger Fiola Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,820 |
| Capital Gain Net Income | $40,820 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,820 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,881 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $43,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $25,000 |
| Total assets | $25,000 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sun City Roseville Community Association Inc Roseville, CA | $48,765,899 | $12,073,404 |
Mililani Town Association Mililani, HI | $29,321,286 | $8,505,958 |
Summerlin South Community Association Las Vegas, NV | $6,398,781 | $8,171,493 |
Bear Valley Springs Association Tehachapi, CA | $8,163,399 | $7,448,975 |
Dc Ranch Association Inc Scottsdale, AZ | $11,452,331 | $8,727,546 |
Hollywood Property Owners Alliance Hollywood, CA | $2,055,507 | $7,517,501 |
Tahoe Keys Property Owners Association South Lake Tahoe, CA | $11,789,657 | $8,910,347 |
Johnson Ranch Community Association Inc Scottsdale, AZ | $8,421,000 | $6,968,596 |
Downtown Los Angeles Property Owners Association Los Angeles, CA | $2,108,124 | $6,364,059 |
Black Butte Ranch Association Black Butte Ranch, OR | $78,539,859 | $9,586,570 |
Spring Creek Association Spring Creek, NV | $12,293,930 | $5,685,917 |
Mid-Peninsula Pickering Inc Foster City, CA | $18,470,214 | $1,012,621 |