Encino Development & Management Inc.

Fiscal year ending 2024. Filed on January 15, 2025.

5338 Pan American Fwy NE
Albuquerque, New Mexico 87109

Encino Development & Management Inc. (EIN: 85-0471116) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Encino Development & Management Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $122,970. The highest compensated employee at Encino Development & Management Inc. is Christina Stanley with fiscal year 2024 compensation of $122,970.

Revenue, expenses, and employee compensation

Revenue

$1,640,625

Expenses

$184,048

Employee compensation

$132,866
Revenue, expenses, and employee compensation over time

Mission Statement

THE PURPOSE OF THIS CORPORATION IS TO PROVIDE MANAGEMENT FOR ALL ENCINO PROPERTIES: TO PROVIDE RENTAL HOUSING AND RELATED FACILITIES AND SERVICES FOR LOWER INCOME ELDERLY HOUSEHOLDS THAT MEET THE CORPORATION'S ELIGIBILITY CRITERIA FOR HOUSING. THIS HOUSING IS PROVIDED BY A NON-PROFIT SUBSTANTIALLY BELOW MARKET BASIS, SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED; TO BORROW MONEY AND ISSUE EVIDENCE OF INDEBTEDNESS IN FURTHERANCE OF ANY OR ALL OF THE OBJECTS OF ITS BUSINESS, AND TO SECURE THE SAME BY MORTGAGE, PLEDGE, OR OTHER LIEN ON THE CORPORATIONS PROPERTY; TO DO AND PERFORM ALL ACTS REASONABLY NECESSARY TO ACCOMPLISH THE PURPOSES OF THE CORPORATION, INCLUDING THE EXECUTION OF A REGULATORY AGREEMENT WITH THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT.

Revisions to this organization profile

January 15, 2025:
Amended 2024 Encino Development & Management Inc. 990 filed
August 10, 2023:
2023 Encino Development & Management Inc. 990 filed

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