ESPERANZA COMMUNITY HOUSING CORPORATION

EIN: 954230345 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$6,642,439
Total Expenses
$7,377,633
Total Assets
$21,433,742
Net Assets
$2,984,308
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Financial Vulnerability Assessment (Tuckman-Chang)

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Organization Details

Formation Year
1989
Legal Domicile
CA
Principal Officer
NANCY HALPERN IBRAHIM
Phone
2137487285
Tax Period
2023-01-01 to 2023-12-31

ESPERANZA COMMUNITY HOUSING CORPORATION, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $6.6M in total revenue in fiscal year 2023. Expenses of $7.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

ESPERANZA COMMUNITY HOUSING CORPORATION IS A SOCIAL JUSTICE NON-PROFIT IN SOUTH CENTRAL LOS ANGELES THAT ACHIEVES LONG-TERM, COMPREHENSIVE COMMUNITY DEVELOPMENT. WE RECOGNIZE THAT INDIGENOUS, BLACK, AND LATINO IMMIGRANT COMMUNITIES ARE DISPROPORTIONATELY IMPACTED BY HISTORICAL OPPRESSION, HEALTH DISPARITIES, DISINVESTMENT, AND DISPLACEMENT. THEREFORE, WE DEVELOP AND PRESERVE AFFORDABLE HOUSING; ELEVATE HEALTH EQUITY AND ACCESS TO CARE; MOBILIZE FOR ENVIRONMENTAL JUSTICE; CREATE AND PROTECT LOCAL ECONOMIC OPPORTUNITIES; EXPAND ENGAGEMENT IN ARTS AND CULTURE; AND ADVOCATE FOR POLICIES PROTECTING HUMAN RIGHTS. ESPERANZA WORKS COLLABORATIVELY TO STRENGTHEN SOUTH LOS ANGELES. IN ALL OF OUR ACTIONS, ESPERANZA BUILDS HOPE WITH THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $6,530,995 Revenue: $12,289

COMMUNITY SERVICES: THE HEALTH PROGRAMS DELIVER COORDINATED, COMMUNITY-BASED SERVICES TO INDIVIDUALS AND FAMILIES TO PROMOTE AND ACHIEVE HEALTH AND WELL-BEING IN SOUTH LOS ANGELES AND OTHER AREAS...

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COMMUNITY SERVICES: THE HEALTH PROGRAMS DELIVER COORDINATED, COMMUNITY-BASED SERVICES TO INDIVIDUALS AND FAMILIES TO PROMOTE AND ACHIEVE HEALTH AND WELL-BEING IN SOUTH LOS ANGELES AND OTHER AREAS WITHIN LOS ANGELES COUNTY. THE COMMUNITY HEALTH PROMOTERS (CHP) TRAINING PROGRAM TRAINED AND CULTIVATED 30 NEW CHPS TO PROVIDE CULTURALLY AND LINGUISTICALLY ACCESSIBLE HEALTH EDUCATION, PRIMARY PREVENTION, AND ADVOCACY TO CHILDREN AND FAMILIES. THE HEALTHY HOMES PROGRAM PROVIDES IN-HOME ASSESSMENTS FOR ENVIRONMENTAL HEALTH HAZARDS AND EDUCATES TENANTS TO MITIGATE THREATS. THE HEALTHY BREATHING PROGRAM UTILIZES HEALTHY HOMES PROTOCOLS TO FOCUS ON ASTHMA EDUCATION/MITIGATION AND DISTRIBUTE NON-TOXIC CLEANING SUPPLIES AND MATERIALS. THE HEALTHY HOMES AND HEALTHY BREATHING PROGRAMS CONDUCT AT LEAST 3 VISITS WITH EACH HOUSEHOLD WITHIN A 6-MONTH PERIOD. BOTH PROGRAMS SERVED A TOTAL OF 346 FAMILIES AND OUTREACHED TO 3,325 LOW-INCOME COMMUNITY MEMBERS. THE HEALTHY HOMES PROGRAM IS COMPRISED OF 2 PROGRAM MANAGERS AND 4 CHPS WITH ONE OF THE MANAGERS SPECIALIZING IN IPM (INTEGRATED PEST MANAGEMENT). THE HEALTHY BREATHING PROGRAM IS COMPRISED OF 1 PROGRAM MANAGER AND 4 CHPS. THE LEAD-FREE HOME PROJECT IS AN EXTENSION OF OUR HEALTHY HOMES PROGRAM AND CONDUCTED OUTREACH AND ENROLLMENT SERVICES TO 4,758 WILLOWBROOK AND COMPTON RESIDENTS FOR A LA COUNTY LEAD-REMEDIATION PROGRAM. THE LANTERMAN PROGRAM SERVED 100 FAMILIES THAT HAD ONE OR MORE FAMILY MEMBERS WITH A DEVELOPMENTAL DISABILITY TO IMPROVE THEIR ACCESS AND UTILIZATION OF REGIONAL CENTER SERVICES AS WELL AS TO FACILITATE LINKAGES BETWEEN WRAP-AROUND SERVICES. THE LANTERMAN PROGRAM IS COMPRISED OF 1 PROGRAM COORDINATOR AND 4 CHPS. ADDITIONALLY, CHP-STAFFED COMMUNITY OUTREACH SERVICES REACHED MORE THAN 2,200 LOCAL RESIDENTS PROVIDING EDUCATION IN THE TOPICS OF NUTRITION AND PHYSICAL EDUCATION, DISASTER PREPAREDNESS, AND BREAST CANCER PREVENTION. THE WE ARE LA AND OCPSC INITIATIVES PROVIDED OUTREACH AND EDUCATION TO MORE THAN 12,000 LOS ANGELES RESIDENTS ON RESOURCES AND ASSISTANCE FOR EMERGENCY HOUSING, EMERGENCY FOOD, UTILITIES AND RENTAL FINANCIAL ASSISTANCE, MENTAL HEALTH AND MEDICAL CARE, COVID-19, AND OTHER BASIC NEEDS.

Program 2
Expenses: $210,411 Revenue: $1,160,676

LOW-INCOME HOUSING AND COMMUNITY DEVELOPMENT: PLANNING DEVELOPMENT, ACQUISITION, COORDINATION OF FINANCING CONSTRUCTION AND MANAGEMENT OF LOW-INCOME HOUSING. THE PROGRAM HAS DEVELOPED AND IS...

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LOW-INCOME HOUSING AND COMMUNITY DEVELOPMENT: PLANNING DEVELOPMENT, ACQUISITION, COORDINATION OF FINANCING CONSTRUCTION AND MANAGEMENT OF LOW-INCOME HOUSING. THE PROGRAM HAS DEVELOPED AND IS PROVIDING HOUSING FOR 165 LOW-INCOME FAMILIES.

Program 3
Expenses: $65,866 Revenue: $65,866

DEVELOPING AND MANAGING A NEIGHBORHOOD MARKETPLACE AND OFFICE BUILDING TO SERVE TENANTS OF SEVEN (7) RESTAURANTS, SIX (6) SHOPS AND NINE (9) OFFICES AS WELL AS A COMMUNITY CONFERENCE ROOM AND DAY...

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DEVELOPING AND MANAGING A NEIGHBORHOOD MARKETPLACE AND OFFICE BUILDING TO SERVE TENANTS OF SEVEN (7) RESTAURANTS, SIX (6) SHOPS AND NINE (9) OFFICES AS WELL AS A COMMUNITY CONFERENCE ROOM AND DAY TABLE. ADDING JOB OPPORTUNITIES AND PROVIDING TENANTS WITH LOW-COST OPPORTUNITIES TO YIELD SERVICES FOR THE LOW-INCOME COMMUNITY. ORGANIZING SIX ANNUAL ARTS AND CULTURAL FESTIVALS. MANAGING ECONOMIC DEVELOPMENT PROGRAMS TO ENHANCE LOCAL RESIDENTS FINANCIAL SUSTAINABLITY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,288,983
Program Service Revenue $1,238,831
Investment Income $128,318
Other Revenue $-13,693
TOTAL REVENUE $6,642,439

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,576,060
Fundraising Expenses $205,449
Program Expenses $6,807,272
Other Expenses $4,801,573
TOTAL EXPENSES $7,377,633

Year-over-Year Comparison

2023 2022 Change
Revenue $6,642,439 $6,692,281 0.0%
Expenses $7,377,633 $5,534,182 +0.3%
Net Income $-735,194 $1,158,099 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
40
Volunteers
36

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$372,770
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY HALPERN IBRAHIM EXECUTIVE DIR. 40.00
Officer
$121,016 $21,232 $142,248
Ivy Panlilio DEV DIRECTOR 40.00
Officer
$102,570 $13,500 $116,070
Iris Reynolds director of am 40.00
Officer
$114,419 $33 $114,452
BRIAN EKLUND BOARD CHAIR 0.48
Officer Director
$0 $0 $0
FABIOLA MONTIEL-TELLEZ Director 0.09
Director
$0 $0 $0
PENNE HASSON BOARD TREASURER 0.60
Officer Director
$0 $0 $0
Ashley J Lewis Director 0.42
Director
$0 $0 $0
TAKAO SUZUKI Director 0.58
Director
$0 $0 $0
NICOLE VICK BOARD SECRETARY 0.42
Officer Director
$0 $0 $0
Mariesa Samba Director 0.42
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,642,439 $7,377,633 $21,433,742 $-735,194
2022 $6,692,281 $5,534,182 $21,183,133 $1,158,099
2021 $3,727,007 $4,825,277 $19,400,360 $-1,098,270
2020 $4,981,544 $4,508,639 $20,659,772 $472,905
2019 $2,822,912 $3,474,326 $17,470,826 $-651,414
2018 $1,911,735 $2,057,615 $10,028,812 $-145,880
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