Overview
What is Sebastopol Area Housing Corporation?
The Sebastopol Area Housing Corporation, located in Sebastopol, California, is a dedicated nonprofit organization. Its primary mission is to offer affordable rental housing solutions specifically tailored for senior citizens, aiming to enhance their living standards. The corporation operates with a focus on this population group, providing them with a much-needed residential space in the area with the specified address of 7777 Bodega Avenue.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Sebastopol Area Housing Corporation has received a solid score of 82%, reflecting its strong commitment to accountability and finance. The organization has achieved a perfect score in several key areas, including having a fully independent board and an effective audit and oversight committee. This indicates a high level of transparency and governance, which is essential for building trust with donors and the community.
The organization excels in its financial management, evidenced by a low liabilities to assets ratio of 2.34%, and a program expense ratio of 91.37%, meaning that the vast majority of its expenses go directly into programs rather than administrative costs. The consistent documentation of board meeting minutes further demonstrates their commitment to accountability.
While the organization has notable strengths in transparency and financial health, the rating is based solely on accountability and finance metrics. This means that aspects such as program effectiveness and impact, which are also crucial for assessing a nonprofit's overall performance, are not reflected in this score. Nonetheless, the Sebastopol Area Housing Corporation shows commendable practices that can instill confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sebastopol Area Housing Corporation legitimate?
Sebastopol Area Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sebastopol Area Housing 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: $277,190
For more financial information, click here
What is the mission statement of Sebastopol Area Housing Corporation?
The Sebastopol Area Housing Corporation's mission is centered around providing affordable rental housing for senior citizens. This mission is carried out through various activities, with the primary goal being to ensure that elderly individuals have access to suitable living accommodations despite their income limitations. The corporation's efforts aim to make a significant impact in the lives of senior citizens, enhancing their living conditions and overall quality of life.
Who is the CEO of Sebastopol Area Housing Corporation?
Patty Raney is the President of Sebastopol Area Housing Corporation.
What is the revenue of Sebastopol Area Housing Corporation?
Sebastopol Area Housing Corporation's revenue in 2022 was $1,585,339.
Who are the executives of Sebastopol Area Housing Corporation and what are their salaries?
There 7 volunteers at Sebastopol Area Housing Corporation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sebastopol Area Housing Corporation?
Sebastopol Area Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sebastopol Area Housing Corporation
Sebastopol Area Housing Corporation, as a nonprofit organization, is committed to providing affordable housing solutions for senior citizens. Its primary mission is centered around this goal, ensuring that elderly individuals have access to suitable and affordable living spaces. By offering low-income rental housing, this corporation aims to alleviate some of the financial burdens that seniors often face. This mission is instrumental in enabling senior citizens to maintain a dignified and secure living environment, thereby promoting their overall well-being and quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Sebastopol Area Housing Corporation plays a crucial role in addressing housing needs for senior citizens in the Sebastopol area. By focusing on low-income rental housing, it significantly eases the financial pressures faced by older adults, ensuring they have access to safe and affordable living options. This initiative helps to foster a community where seniors can maintain their independence and quality of life.
The organization directly impacts the local economy by providing stable housing, which in turn supports local businesses and services as seniors remain in the community. Furthermore, by creating a welcoming environment for older adults, it contributes to a more inclusive and diverse neighborhood, enriching the social fabric of Sebastopol. Overall, the Sebastopol Area Housing Corporation provides essential support that enables senior citizens to thrive in a supportive and affordable housing environment.
This information is meant to be a general summary of Sebastopol Area Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,298
- Program Service Revenue: $660,563
- Gross Receipts: $1,585,339
Assets and Liabilities:
- Total Assets: $6,333,171
- Total Liabilities: $167,607
- Net Assets: $6,165,564
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Payments
Revenue
$653,335
Tenant Charges/ Laundry
Revenue
$7,228
Organization Details
Founding Year
1970
Phone
(707) 823-8742Principal Officer
Patty Raney
Main Address
7777 Bodega Avenue, Sebastopol, CA, 95472
NTEE Category
Code: L22Z - Housing
If you are a representative of Sebastopol Area Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.