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Parker Street Foundation

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

EIN: 270038389 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Parker Street Foundation?

Parker Street Foundation is a nonprofit organization situated in Berkeley, California, specifically at 2330 Parker Street. Their primary focus is on promoting affordable housing, fostering strong communities, and supporting various charitable initiatives. Overseeing the financing of two multi-unit residences in Oakland as affordable co-housing, they also offer consultancy services in management, renovation, and organizational development, dedicating around ten hours per week to this endeavor.

Is Parker Street Foundation legitimate?

Parker Street Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parker Street Foundation 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: $0

For more financial information, click here

What is the mission statement of Parker Street Foundation?

The Parker Street Foundation's mission is centered around promoting affordable housing and contributing to charitable activities within the community. The organization strives to make housing more affordable and works towards fostering an effective community. In addition to this, the foundation provides consulting services, offering guidance on management, renovation, and organizational development. These efforts are aimed at improving living conditions and community cohesion.

Who is the CEO of Parker Street Foundation?

Jack Sawyer is the Secretary/Treasurer of Parker Street Foundation.

What is the revenue of Parker Street Foundation?

Parker Street Foundation's revenue in 2022 was $259,516.

Who are the executives of Parker Street Foundation and what are their salaries?

There 1 volunteer at Parker Street Foundation.


Here are 2 key members and their salaries:


Patric S Ellsworth (Secretary/Treasurer)
  • Compensation: $5,812
  • Related: $0
  • Other: $0
Jack Sawyer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Parker Street Foundation?

Parker Street Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Parker Street Foundation

The Parker Street Foundation, a nonprofit organization, is dedicated to promoting affordable housing, fostering effective communities, and supporting various charitable activities. Their mission is to contribute to the creation of affordable housing options and to enhance community development, all while engaging in other noble causes. The foundation has demonstrated its commitment by providing financial support and consulting services for two multi-unit residences in Oakland, California, which are designed as affordable co-housing facilities. In addition to this, the organization offers guidance on management, renovation, and organizational development, investing approximately ten hours per week to ensure the success of these initiatives.

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Impact




October, 2024

Parker Street Foundation promotes affordable housing and fosters effective communities through its impactful initiatives. By maintaining financing for two multi-unit residences in Oakland, California, it ensures the availability of affordable co-housing options. The foundation also offers consulting services focused on management, renovation, and organizational development, dedicating approximately ten hours per week to these efforts. Through these activities, the foundation contributes to the creation of sustainable living environments and enhances community well-being in Berkeley and beyond.




This information is meant to be a general summary of Parker Street Foundation. 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
$259,516 (2022)
Expenses
$201,691 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $259,516
  • Gross Receipts: $259,516

Assets and Liabilities:

  • Total Assets: $6,817,122
  • Total Liabilities: $3,548,986
  • Net Assets: $3,268,136

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Programs

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

Interest on loans for affordable housing

Revenue

$45,647

Rents received for affordable housing

Revenue

$213,869

Organization Details

Founding Year

2002

Principal Officer

Jack Sawyer

Main Address

2330 Parker Street, Berkeley, CA, 94704

NTEE Category

Code: L20 - Housing

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