Overview
What is Satellite Communities Inc?
Satellite Communities Inc is a nonprofit organization, specifically a public benefit corporation, based in California. Their primary mission is to aid and empower Satellite Affordable Housing Associates in providing affordable housing solutions for low-income individuals. Recognizing the lack of suitable housing options in certain areas, this nonprofit works diligently to bridge this gap, ensuring that these individuals have access to safe and affordable residences.
Is Satellite Communities Inc legitimate?
Satellite Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Satellite Communities Inc submitted a form 990EZ, 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.
What is the mission statement of Satellite Communities Inc?
Satellite Communities Inc, as a nonprofit organization, is committed to supporting the mission of Satellite affordable housing associates, a property management corporation in California. The primary objective is to provide affordable housing solutions for low-income individuals, addressing the lack of adequate housing in certain areas. The organization's role is to aid and assist Satellite affordable housing associates in achieving this purpose.
Who is the CEO of Satellite Communities Inc?
Susan Friedland is the Ceo of Satellite Communities Inc. The CEO's salary of Satellite Communities Inc is $0 and their total compensation is $0.
What is the revenue of Satellite Communities Inc?
Satellite Communities Inc's revenue in 2023 was $5,195.
Who are the executives of Satellite Communities Inc and what are their salaries?
Here are 16 key members and their salaries (Satellite Communities Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Satellite Communities Inc?
Satellite Communities Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Satellite Communities Inc
Satellite Communities Inc, as a nonprofit public benefit corporation, is dedicated to supporting its affiliate, Satellite affordable housing associates, in fulfilling its purpose. This purpose is to provide affordable housing for individuals with low income, who lack adequate housing options. Satellite Communities Inc plays a crucial role in aiding this mission, acting as a benefactor and advocate for the organization's primary objective. By doing so, the nonprofit seeks to contribute to the betterment of society, ensuring that those in need have a place to call home.
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Impact
October, 2024
Satellite Communities Inc has a significant impact on the availability of affordable housing in underserved areas. By supporting Satellite Affordable Housing Associates in their property management efforts, it plays a crucial role in providing housing solutions for low-income individuals and families in Berkeley, California, where access to adequate housing is severely limited.
The organization focuses on facilitating the development and maintenance of affordable housing units, directly addressing the pressing need for safe and stable living environments. This not only helps to reduce homelessness but also fosters community stability and growth. By ensuring that low-income residents have access to suitable housing, Satellite Communities Inc contributes to improving overall quality of life in the region, enabling residents to thrive and participate fully in their communities.
This information is meant to be a general summary of Satellite Communities Inc. 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 2023.
- Program Service Revenue: $5,195
- Gross Receipts: $5,195
Assets and Liabilities:
- Total Assets: $299,139
- Total Liabilities: $7,212
- Net Assets: $291,927
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Organization Details
Phone
(510) 647-0700Principal Officer
Susan Friedland
Main Address
1835 Alcatraz Avenue, Berkeley, CA, 94703
NTEE Category
Code: L21 - Housing
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