Esperanza Community Housing Corporation is located in Los Angeles, CA. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Esperanza Community Housing Corporation employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Esperanza Community 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 12/2022, Esperanza Community Housing Corporation generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $5.5m during the year ending 12/2022. While expenses have increased by 14.6% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESPERANZA COMMUNITY HOUSING CORPORATION WORKS TO ACHIEVE COMPREHENSIVE AND LONG-TERM COMMUNITY DEVELOPMENT IN THE FIGUEROA CORRIDOR NEIGHBORHOOD OF SOUTH-CENTRAL LOS ANGELES. COMMUNITY RESIDENTS OF ALL AGES AND ETHNICITIES ARE THE FOUNDATION - SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICES: THE HEALTH PROGRAMS DELIVER COORDINATED, COMMUNITY-BASED SERVICES TO INDIVIDUALS AND FAMILIES TO PROMOTE AND ACHIEVE HEALTH AND WELL-BEING IN SOUTH LOS ANGELES AND OTHER AREAS WITHIN LOS ANGELES COUNTY. THE COMMUNITY HEALTH PROMOTERS (CHP) TRAINING PROGRAM TRAINED AND CULTIVATED 20 NEW CHPS TO PROVIDE CULTURALLY AND LINGUISTICALLY ACCESSIBLE HEALTH EDUCATION, PRIMARY PREVENTION, AND ADVOCACY TO CHILDREN AND FAMILIES. THE HEALTHY HOMES PROGRAM PROVIDES IN-HOME ASSESSMENTS FOR ENVIRONMENTAL HEALTH HAZARDS AND EDUCATES TENANTS TO MITIGATE THREATS. THE HEALTHY BREATHING PROGRAM UTILIZES HEALTHY HOMES PROTOCOLS TO FOCUS ON ASTHMA EDUCATION/MITIGATION AND DISTRIBUTE NON-TOXIC CLEANING SUPPLIES AND MATERIALS. THE HEALTHY HOMES AND HEALTHY BREATHING PROGRAMS CONDUCT AT LEAST 3 VISITS WITH EACH HOUSEHOLD WITHIN A 6-MONTH PERIOD. BOTH PROGRAMS SERVED A TOTAL OF 129 FAMILIES AND OUTREACHED TO 465 LOW-INCOME COMMUNITY MEMBERS. THE HEALTHY HOMES PROGRAM IS COMPRISED OF 1 PROGRAM MANAGER AND 2 CHPS. THE HEALTHY BREATHING PROGRAM IS COMPRISED OF 1 PROGRAM MANAGER AND 4 CHPS. COMPRISED OF 1 PROGRAM MANAGER AND 2 CHPS, THE LEAD-FREE HOME PROJECT IS AN EXTENSION OF OUR HEALTHY HOMES PROGRAM AND CONDUCTED OUTREACH AND ENROLLMENT SERVICES TO 7,081 WILLOWBROOK AND COMPTON RESIDENTS FOR A LA COUNTY LEAD-REMEDIATION PROGRAM. THE LANTERMAN PROGRAM SERVED 76 FAMILIES THAT HAD ONE OR MORE FAMILY MEMBERS WITH A DEVELOPMENTAL DISABILITY TO IMPROVE THEIR ACCESS AND UTILIZATION OF REGIONAL CENTER SERVICES AS WELL AS TO FACILITATE LINKAGES BETWEEN WRAP-AROUND SERVICES. THE LANTERMAN PROGRAM IS COMPRISED OF 1 PROGRAM COORDINATOR AND 4 CHPS. ADDITIONALLY, CHP-STAFFED COMMUNITY OUTREACH SERVICES REACHED MORE THAN 1,700 LOCAL RESIDENTS PROVIDING EDUCATION IN THE TOPICS OF NUTRITION AND PHYSICAL EDUCATION, DISASTER PREPAREDNESS, AND BREAST CANCER PREVENTION. THE GET OUT THE VACCINE CAMPAIGN PROVIDED COVID-19 OUTREACH AND VACCINE EDUCATION TO MORE THAN 214,000 LOS ANGELES RESIDENTS AND PROVIDED DIRECT ASSISTANCE TO MORE THAN 6,000 IN NEED OF EMERGENCY FOOD, UTILITIES AND RENTAL FINANCIAL ASSISTANCE, MEDICAL CARE, AND OTHER BASIC NEEDS.
LOW-INCOME HOUSING AND COMMUNITY DEVELOPMENT: PLANNING DEVELOPMENT, ACQUISITION, COORDINATION OF FINANCING CONSTRUCTION AND MANAGEMENT OF LOW-INCOME HOUSING. THE PROGRAM HAS DEVELOPED AND IS PROVIDING HOUSING FOR 165 LOW-INCOME FAMILIES.
DEVELOPING AND MANAGING A NEIGHBORHOOD MARKETPLACE AND OFFICE BUILDING TO SERVE TENANTS OF SEVEN (7) RESTAURANTS, SIX (6) SHOPS AND NINE (9) OFFICES AS WELL AS A COMMUNITY CONFERENCE ROOM AND DAY TABLE. ADDING JOB OPPORTUNITIES AND PROVIDING TENANTS WITH LOW-COST OPPORTUNITIES TO YIELD SERVICES FOR THE LOW-INCOME COMMUNITY. ORGANIZING SIX ANNUAL ARTS AND CULTURAL FESTIVALS. MANAGING ECONOMIC DEVELOPMENT PROGRAMS TO ENHANCE LOCAL RESIDENTS FINANCIAL SUSTAINABLITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Halpern Ibrahim Executive Dir. | Officer | 43 | $114,747 |
Ivy Panlilio Dev Director | Officer | 40 | $97,985 |
Brian Eklund Board Chair | OfficerTrustee | 0.48 | $0 |
Fabiola Montiel-Tellez Director | Trustee | 0.09 | $0 |
Penne Hasson Board Treasurer | OfficerTrustee | 0.6 | $0 |
Ashley J Lewis Director | Trustee | 0.42 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $126,542 |
Related organizations | $0 |
Government grants | $326,948 |
All other contributions, gifts, grants, and similar amounts not included above | $2,638,135 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,091,625 |
Total Program Service Revenue | $3,508,130 |
Investment income | $112,228 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$19,702 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,692,281 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $227,382 |
Compensation of current officers, directors, key employees. | $2,978 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,311,890 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $281,345 |
Payroll taxes | $121,259 |
Fees for services: Management | $9,000 |
Fees for services: Legal | $7,640 |
Fees for services: Accounting | $75,357 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $40,609 |
Advertising and promotion | $2,146 |
Office expenses | $64,351 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $57,909 |
Travel | $13,768 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $34,511 |
Interest | $253,303 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $418,329 |
Insurance | $170,680 |
All other expenses | $223,900 |
Total functional expenses | $5,534,182 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $863,816 |
Savings and temporary cash investments | $1,480,982 |
Pledges and grants receivable | $653,269 |
Accounts receivable, net | $176,864 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $7,824,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $52,120 |
Net Land, buildings, and equipment | $8,459,772 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,672,310 |
Total assets | $21,183,133 |
Accounts payable and accrued expenses | $829,582 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $10,236,735 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,397,955 |
Total liabilities | $17,464,272 |
Net assets without donor restrictions | $3,102,392 |
Net assets with donor restrictions | $616,469 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $21,183,133 |