NonprofitsPark Parthenia Non-Profit Calif Corp

Housing & Shelter

Park Parthenia Non-Profit Calif Corp

NORTHRIDGE, CA

Total revenue

$1.2M

Total expenses

$1.5M

Net assets

Grants received

EIN

954438489

Tax year

2024

Mission

To preserve and provide safe and adequate housing for low and moderate income families.

Programs

2 programs

In 1999, the organization purchased a six-unit apartment building in the park parthenia complex and began providing this additional housing to another 31 individuals. In 2001, the organization purchased an additional eight-unit apartment building in the park parthenia complex and began providing this additional housing to another 44 individuals.during the year 2011, the organization purchased 23 units of single-family houses in distressed areas. Repairs and maintenance were completed in order to provide affordable housing for low and moderate income families. By the end of 2016, all houses were rented out. The organization currently owns 6 single family homes, all occupied by low and moderate income families.

Expenses: $979K

Revenue received from safeguarding assets under irc section 512-514

Financials

FY 2024

Revenue

Contributions & grants$899K
Program service revenue$478K
Investment income$749
Other revenue
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$18K
Fundraising
Other expenses$1.4M
Total expenses$1.5M
Total assets$2.5M
Net assets

People

5 listed

NameRoleCompensation

DAVID LEUNG

PRESIDENT/DIREC

Board

5 hrs/wk

CONNIE LEUNG

VP/DIRECTOR

Board

1 hrs/wk

PATRICK MA

DIRECTOR

Board

1 hrs/wk

JOHN LU PHD

DIRECTOR

Board

1 hrs/wk

SHIRLEY F LAI

SECRETARY/ DIRECTOR

Board

1 hrs/wk

Details

EIN954438489
NTEE codeL200
Subsection03
Ruling date1994-07
Formed1993
Employees1
Volunteers5
PARK PARTHENIA NON-PROFIT CALIF CORP — Mission, Financials & Grants Received | Grantivo