AI Summary
FAULDING HOTEL INC is a California nonprofit public benefit corporation dedicated to housing development, specifically focused on serving individuals of low to moderate income through the redevelopment of an 81-room residence. With an operating budget of $1.2 million and total revenue of $1 million for the 2024 filing year, the organization relies on multiple funders, with no single source contributing 50% or more of its revenue.
Mission Statement
THE ORGANIZATION IS ORGANIZED AS A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION WHICH PURCHASED AND REDEVELOPED AN 81 ROOM RESIDENCE WHICH SERVES PERSONS OF LOW TO MODERATE INCOME.
Cause Areas
1
Housing development
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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
SANTA BARBARA COMMUNITY HOUSING CORP
SANTA BARBARA, CA, US
$235K
59%
ATRIUM APARTMENTS INC
Santa Barbara, CA, US
$6.6K
100%
Frequently Asked Questions
What is FAULDING HOTEL INC’s budget?
In 2024, FAULDING HOTEL INC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does FAULDING HOTEL INC support?
FAULDING HOTEL INC supports work in Housing development.
Where does FAULDING HOTEL INC operate?
FAULDING HOTEL INC is headquartered in Santa Barbara, CA.
Who funded FAULDING HOTEL INC recently?
In 2020, FAULDING HOTEL INC received grants from SANTA BARBARA COMMUNITY HOUSING CORP, SANTA BARBARA COMMUNITY HOUSING CORP, and SANTA BARBARA COMMUNITY HOUSING CORP. More information on this organization’s funders is available to registered users.
What is the largest grant FAULDING HOTEL INC received in 2020?
The largest grant to FAULDING HOTEL INC in 2020 exceeds $15 thousand.
What is FAULDING HOTEL INC’s reliance on government grants?
FAULDING HOTEL INC relied on government grants for less than 5% of their total revenue in 2024.