Program areas at Montebello Housing Development Corporation
Home counselingthis program provides Housing counseling for pre-purchase and loss mitigation. During the year, the organization served 194 families and provided Housing counseling services.
Cal homethe state of California Housing and community Development department awarded grants to mhdc that provide silent second mortgage loans to very low-and low-icome, first-time homebuyers in los angeles, riverside and san bernardino counties. During the year, the organization had 3 borrowers close loans and purchased a home through this program.
Homebuyer educationthe first-time homebuyer program includes one-on-one counseliing to prepare clients to be mortgage ready, credit and budget counseling, and 8-hour hud approved homebuyer education classes via zoom video recording. The 8-hour homebuyer education class covers all aspects of the home buying process, from qualifying to closing. During the year, the organization served 193 people by provided hud-approved homebuyer education.
Who funds Montebello Housing Development Corporation
Grants from foundations and other nonprofits
Personnel at Montebello Housing Development Corporation
Name | Title | Compensation | Date of data |
---|
Robert Monzon | President | $0 | 2023-05-15 |
Jaime Legaspi | Vice President | $0 | 2023-06-30 |
Joseph Sandoval | Secretary | $0 | 2023-06-30 |
Patricias Renteria | Treasurer | $0 | 2022-06-30 |
Patricia Renteria | Past Treasurer | $0 | 2021-06-30 |
Financials for Montebello Housing Development Corporation
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $277,160 | $139,250 | 99% |
Program services | $125,682 | $93,174 | 34.9% |
Investment income and dividends | $7,996 | $2,960 | 170.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $209,488 | $208,839 | 0.3% |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $47,257 | $1,935 | 2342.2% |
Total revenues | $667,583 | $446,158 | 49.6% |
Organizations like Montebello Housing Development Corporation
Organization | Type | Location | Revenue |
---|
Habitat for Humanity of the Mississippi Gulf Coast (HFHMGC) | 501(c)(3) | Gulfport, MS | $3,171,958 |
Northside Institutions Neighborhood Alliance | 501(c)(3) | Hartford, CT | $1,592,075 |
Albany County Rural Housing Alliance | 501(c)(3) | Voorheesville, NY | $1,385,061 |
South Bronx Community Management Company | 501(c)(3) | Bronx, NY | $3,103,757 |
Damascus House Community Development Corporation | 501(c)(3) | Upper Marlboro, MD | $616,424 |
Habitat for Humanity - Greater Fredericksburg HFH | 501(c)(3) | Fredericksburg, VA | $1,697,396 |
Native American Housing Services (NAHSI) | 501(c)(3) | Mcloud, OK | $1,131,327 |
Habitat for Humanity - Warrick County HFH of | 501(c)(3) | Chandler, IN | $943,781 |
City of Bridges CLT | 501(c)(3) | Pittsburgh, PA | $887,530 |
Habitat for Humanity - Solano-Napa HFH | 501(c)(3) | Fairfield, CA | $1,645,223 |
Data update history
July 15, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $256,313 from UnidosUS July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
- Address
- 1619 Paramount Blvd
- Montebello, CA 90640
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- County
- Los Angeles County, CA
- Website URL
- mhdcca.org/Â
- Phone
- (323) 722-3955
IRS details
- EIN
- 95-4413788
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1992
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L25: Housing Rehabilitation
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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