Public Charity

ALTA HOUSING (FKA PALO ALTO HOUSING CORPORATION)

Based in PALO ALTO, CA, ALTA HOUSING (FKA PALO ALTO HOUSING CORPORATION) operates as a Public Charity. The organization reported $7.2M in revenue, $5.5M in expenses, $69.1M in total assets for fiscal year 2024. Imperigo tracks 24 reported grant relationships connected to this organization totaling approximately $12.1M.

EIN: 912198760 PALO ALTO, CA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$7.2M
Total Expenses$5.5M
Total Assets$69.1M
Grant Records24
Funding Total$12.1M
Filing Years2020–2024

Mission

TO FOSTER, DEVELOP, ACQUIRE, REHABILITATE, MANAGE AND OPERATE LOW AND MODERATE-INCOME HOUSING IN PALO ALTO, CA. INCLUDES ACTIVITY OF ALTA HOUSING BMR SERVICES LLC (LIMITED LIABILITY COMPANY), A DISREGARDED ENTITY WHICH PROVIDES CONSULTING SERVICES FOR THE BENEFIT OF LOW-INCOME HOUSING INDIVIDUALS.

Where $100 goes at Alta Housing (FKA Palo Alto Housing Corporation)

How Alta Housing (FKA Palo Alto Housing Corporation) divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$13 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $87 for programs

$81
Foster, develop, acquire, rehabilitate, manage and operate low- and moderate-income housing for individuals and families in Palo Alto, ca
93% of program spending
$6
Consulting services for low income housing programs
7% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Bonnie Packer
DIRECTOR Elizabeth Ratner
CHAIR Jack Thompson
DIRECTOR Janice Yuen
DIRECTOR - FORMER CHAIR Jean Mccown
VICE CHAIR Joseph Martignetti Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$12,107,990 18 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.2M $5.5M $69.1M
2023 $7.2M $4.7M $63.3M
2022 $6.7M $4.2M $58.2M
2021 $14.0M $3.4M $51.9M
2020 $5.6M $2.3M $35.5M

Between 2020 and 2024, reported annual revenue grew from $5.6M to $7.2M (+28%), with total assets most recently reported at $69.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ALTA HOUSING (FKA PALO ALTO HOUSING CORPORATION)

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