AI Summary
Mar Vista Eldorado Inc is a nonprofit organization based in Oceanside, California, dedicated to constructing, owning, and operating a 73-unit apartment community known as Mar Vista Apartments. Focused on public and retirement housing, the organization operates under Section 202 of the National Housing Act and provides rental assistance to low-income families through the Section 8 program. With an operating budget of $973.2K and total revenue of $821.1K for the filing year 2024, it does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 73 UNIT APARTMENT COMMUNITY IN OCEANSIDE, CALIFORNIA, KNOWN AS MAR VISTA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
Cause Areas
2
Retirement housing
Public housing
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
ELDORADO CHURCH OF GOD HOME INC
Oceanside, CA, US
$6.8K
100%
Frequently Asked Questions
What is MAR VISTA ELDORADO INC’s budget?
In 2024, MAR VISTA ELDORADO INC reported an annual operating budget of around $973 thousand. More detailed financial information is available to registered users.
What causes does MAR VISTA ELDORADO INC support?
MAR VISTA ELDORADO INC supports work in Retirement housing and Public housing.
Where does MAR VISTA ELDORADO INC operate?
MAR VISTA ELDORADO INC is headquartered in OCEANSIDE, CA.
Who funded MAR VISTA ELDORADO INC recently?
In 2017, MAR VISTA ELDORADO INC received grants from ELDORADO CHURCH OF GOD HOME INC. More information on this organization’s funders is available to registered users.
What is the largest grant MAR VISTA ELDORADO INC received in 2017?
The largest grant to MAR VISTA ELDORADO INC in 2017 exceeds $6,815.
What is MAR VISTA ELDORADO INC’s reliance on government grants?
MAR VISTA ELDORADO INC relied on government grants for more than 60% of their total revenue in 2024.