Eldorado Church Of God Homes Inc

Organization Overview

Eldorado Church Of God Homes Inc is located in Oceanside, CA. The organization was established in 1986. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Eldorado Church Of God Homes 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, Eldorado Church Of God Homes Inc generated $913.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $911.1k during the year ending 06/2022. While expenses have increased by 2.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ELDORADO - CHURCH OF GOD HOME, INC. (A CALIFORNIA NOT-FOR-PROFIT CORPORATION) (THE "CORPORATION", "PROJECT OR "COMMUNITY") WAS SPONSORED BY THE CHURCH OF GOD HOMES, INC. AND WAS ORGANIZED TO OWN AND OPERATE AN 85-UNIT APARTMENT COMMUNITY IN OCEANSIDE, CALIFORNIA, KNOWN AS ELDORADO CHURCH OF GOD HOMES, PURSUANT TO SECTION 236 OF THE NATIONAL HOUSING ACT AS AMENDED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ELDORADO CHURCH OF GOD HOME, INC. (A CALIFORNIA NOT-FOR-PROFIT CORPORATION) (THE "CORPORATION", "PROJECT OR "COMMUNITY") WAS SPONSORED BY THE CHURCH OF GOD HOMES, INC. AND WAS ORGANIZED TO OWN AND OPERATE AN 85-UNIT APARTMENT COMMUNITY IN OCEANSIDE, CALIFORNIA, KNOWN AS ELDORADO CHURCH OF GOD HOMES, PURSUANT TO SECTION 236 OF THE NATIONAL HOUSING ACT AS AMENDED. SERVING APPROXIMATELY 100 TENANTS, ELDORADO PROVIDES 85 SECURITY-LOCKED APTS. IN THE BUILDING, IN-HOUSE LAUNDRY FACILITIES, AND PROGRAMS/ ACTIVITIES OF INTEREST TO THE ELDERLY.


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Board, Officers & Key Employees

Name (title)Compensation
Larry Hatter
President
$0
Pete James
Vice President
$0
June M Chapman
Secretary/treasurer
$0
Alvin Edwards
Director
$0
John Quintana
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $574,573
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$574,573
Total Program Service Revenue$335,147
Investment income $20
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 $913,517

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