Salba Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232064560 ✦ Jenkintown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Salba Corporation?

Salba Corporation is a nonprofit organization situated in Jenkintown, Pennsylvania. Committed to assisting those in need, they operate a 17-unit apartment complex, ensuring it meets HUD standards for low-income families. Their primary mission is to provide clean and affordable housing options, demonstrating a strong dedication to supporting the community. By providing this essential service, Salba Corporation plays a crucial role in enhancing the living conditions and well-being of their residents.


Official website here: www.none

Is Salba Corporation legitimate?

Salba Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salba Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,340

For more financial information, click here


Official website here: www.none

What is the mission statement of Salba Corporation?

Salba Corporation's mission is centered around providing affordable housing solutions. Specifically, they strive to offer clean living spaces for families classified as low-income, operating a 17-unit apartment complex that adheres to HUD standards. Their primary goal is to extend this service to those in need, demonstrating a commitment to social responsibility.


Official website here: www.none

Who is the CEO of Salba Corporation?

Ladon Marsh is the President of Salba Corporation.


Official website here: www.none

What is the revenue of Salba Corporation?

Salba Corporation's revenue in 2022 was $235,113.


Official website here: www.none

Who are the executives of Salba Corporation and what are their salaries?

The average compensation at Salba Corporation during 2022 was $42,340. There is 1 employee at Salba Corporation.


Here are 4 key members and their salaries:


Ladon Marsh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Williams (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jefferson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Guess (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Salba Corporation?

Salba Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Salba Corporation

Salba Corporation, a nonprofit organization, is committed to providing clean and affordable housing for families in need. With a focus on low-income households, Salba operates a 17-unit apartment complex, certified by the HUD. Their mission is to offer this essential service, ensuring that these families have a secure and comfortable living space. By providing clean and affordable housing, Salba Corporation aims to contribute positively to the well-being of its residents, helping them to build stable lives.

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Impact




October, 2024

Salba Corporation plays a vital role in addressing the housing crisis by providing clean and affordable low-income housing in Jenkintown, PA. By operating a 17-unit apartment complex specifically for HUD-certified families, the organization significantly contributes to the well-being of those in need. This initiative not only offers stable living conditions but also helps foster a sense of community and security for families who may otherwise struggle to find suitable housing.

Through its dedicated efforts, Salba Corporation directly impacts the lives of residents, providing them with the opportunity to live in safe, well-maintained environments. This support is essential for families aiming to improve their circumstances, as stable housing is often a prerequisite for achieving other personal and economic goals. In this way, Salba Corporation serves as a crucial resource in promoting equity and extending the benefits of safe housing to vulnerable populations in the region.




This information is meant to be a general summary of Salba Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$235,113 (2022)
Expenses
$221,076 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Program Service Revenue: $233,171
  • Gross Receipts: $235,113

Assets and Liabilities:

  • Total Assets: $262,220
  • Total Liabilities: $31,641
  • Net Assets: $230,579

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$233,171

Organization Details

Founding Year

1964

Principal Officer

Ladon Marsh

Main Address

610 SUMMIT AVENUE, JENKINTOWN, PA, 19046

Website

www.none

NTEE Category

Code: L20 - Housing

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