Decro Beta Corporation

Organization Overview

Decro Beta Corporation is located in Culver City, CA. The organization was established in 1992. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Decro Beta Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION IS TO PROVIDE AFFORDABLE, SAFE, AND WELL-MAINTAINED HOUSING AND SERVICES FOR LOW-INCOME FAMILIES AND SENIORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNED A NON-MANAGING MEMBERSHIP INTEREST IN BRANDYWOOD HOLDINGS, LLC. BRANDYWOOD HOLDINGS, LLC IS A FLORIDA LIMITED LIABILITY COMPANY, WHICH OWNS AN AFFORDABLE HOUSING PROJECT FOR LOW AND VERY LOW-INCOME INDIVIDUALS AND FAMILIES KNOWN AS THE BRANDYWOOD APARTMENTS LOCATED IN ORLANDO, FLORIDA. THE INTEREST WAS ASSIGNED ON NOVEMBER 18, 2020.THE ORGANIZATION OWNED A SINGLE MEMBER LLC, AS THE SOLE MEMBER INTEREST IN DECRO BETA DUNWOODIE LLC. DECRO BETA DUNWOODIE LLC IS A FLORIDA LIMITED LIABILITY COMPANY THAT OWNS AN AFFORDABLE HOUSING PROJECT FOR LOW AND VERY LOW-INCOME INDIVIDUALS AND FAMILIES KNOWN AS THE DUNWOODIE PLACE APARTMENTS LOCATED IN ORLANDO, FLORIDA. AS OF OCTOBER 27, 2017 THE DUNWOODIE PLACE APARTMENTS WERE SOLD. THE MANAGEMENT OF THE ORGANIZATION IS CURRENTLY INVOLVED IN DEVELOPING REPLACEMENT APARTMENT PROJECTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jil Richman
Chair
$0
Christian Von Merkatz
Vice Chair
$0
Randy Wirebaugh
Secretary
$0
Alexander J Nweeia
Treasurer
$0
Laura Vandeweghe
Chief Innovation Officer
$0
Ted Handel
Chief Executive Officer
$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$0
Investment income $0
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 $0

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