Ivy Glen Housing Corporation

Organization Overview

Ivy Glen Housing Corporation is located in Glendale, CA. The organization was established in 1993. According to its NTEE Classification (L24) the organization is classified as: Independent Housing for People with Disabilities, 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. Ivy Glen Housing Corporation 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 06/2021, Ivy Glen Housing Corporation generated $271.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $326.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. 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

TO PROVIDE LOW INCOME HOUSING TO PERSONS WITH DISABILITIES WHICH INCLUDE SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY AND HAPPINESS. THE PROJECT RECEIVES A SUBSTANTIAL PORTION OF THEIR RENTAL REVENUE FROM HUD UNDER SECTION 811 AND PROJECT RENTAL ASSISTANCE CONTRACT (PRAC).

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE LOW INCOME HOUSING FOR PERSONS WITH DISABILITIES WHICH PROVIDE SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS. THE PROJECT RECEIVES RENTAL ASSISTANCE PROVIDED BY HUD UNDER SECTION 811 - PROJECT RENTAL ASSISTANCE CONTRACT (PRAC).


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Board, Officers & Key Employees

Name (title)Compensation
Sherri Brown
Cfo/secretary
$0
Everson Esters
CEO
$0

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$270,028
Investment income $23
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $271,661

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