Overview
What is 1155 Market Qalicb?
1155 Market Qalicb is a nonprofit organization established to facilitate the acquisition of the 1155 Market Street building in San Francisco, California, on behalf of the Lighthouse for the Blind and Visually Impaired, a California-based public benefit corporation. Its primary mission is to support activities benefiting the Lighthouse for the Blind and Visually Impaired, aiming to enhance resources and opportunities for individuals with visual impairments. The organization's activities are centered around this purpose, furthering the cause of the Lighthouse in San Francisco.
Official website here: www.lighthouse-sf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
1155 Market Qalicb has earned a solid rating of 87%, indicating a strong performance in accountability and finance. The organization boasts a fully independent board, with all 10 board members meeting the independence criteria, and it has a favorable structure for both material diversion of assets and conflict of interest policies.
Strengths include a high program expense ratio of over 75%, suggesting that a significant portion of its budget is allocated directly to its programs rather than administrative costs. However, the absence of a whistleblower policy is noted as a limitation, which could impact the organization’s overall governance and transparency.
Overall, while there are areas for improvement, especially regarding governance policies, 1155 Market Qalicb demonstrates a commitment to responsible financial management and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 1155 Market Qalicb?
92% of 49 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many users express uncertainty about the organization's impacts, with one reviewer highlighting a lack of communication when a blind individual sought assistance. This has raised questions regarding transparency and the allocation of the substantial $125 million bequest. Concerns about the outreach and engagement with potential beneficiaries are evident, leaving some supporters questioning the charity's effectiveness in serving its community.
While a majority seem to endorse the organization, the critical feedback suggests that there may be room for improvement in responsiveness and clarity about its initiatives. Overall, the positive ratings indicate that there is a base of support, yet the challenges noted could pose a concern for potential beneficiaries and donors alike.
This AI summary has been generated from reviews found on Facebook.
Is 1155 Market Qalicb legitimate?
1155 Market Qalicb is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1155 Market Qalicb 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
Official website here: www.lighthouse-sf.org
What is the mission statement of 1155 Market Qalicb?
The organization known as 1155 Market Qalicb was established with the primary objective of supporting activities for the benefit of Lighthouse for the Blind and Visually Impaired. This was achieved by aiding in the purchase of the 1155 Market Street building in San Francisco, California, on behalf of Lighthouse for the Blind and Visually Impaired, a California nonprofit public benefit corporation. The mission of 1155 Market Qalicb is to contribute to the betterment of this organization, which works towards empowering individuals with visual impairments, thereby promoting independence and equality. The support provided by 1155 Market Qalicb enables Lighthouse for the Blind and Visually Impaired to continue its mission of providing resources, services, and opportunities for those who are visually impaired.
Official website here: www.lighthouse-sf.org
Who is the CEO of 1155 Market Qalicb?
Joseph Chan is the Board President (Thru June 2022) of 1155 Market Qalicb.
Official website here: www.lighthouse-sf.org
What is the revenue of 1155 Market Qalicb?
1155 Market Qalicb's revenue in 2022 was $112,000.
Official website here: www.lighthouse-sf.org
Who are the executives of 1155 Market Qalicb and what are their salaries?
There 5 volunteers at 1155 Market Qalicb.
Here are 5 key members and their salaries:
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Official website here: www.lighthouse-sf.org
Where can I find the form 990 for 1155 Market Qalicb?
1155 Market Qalicb's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lighthouse-sf.org
Learn more at the official website: www.lighthouse-sf.org
Mission Statement of 1155 Market Qalicb
1155 Market Qalicb was established with a mission to support activities benefiting the Lighthouse for the Blind and Visually Impaired. This organization was created with the purpose of facilitating the purchase of the 1155 Market Street building in San Francisco, California, on behalf of the Lighthouse for the Blind and Visually Impaired, a California nonprofit public benefit corporation. Essentially, 1155 Market Qalicb serves as an instrumental aid in furthering the Lighthouse for the Blind and Visually Impaired's initiatives and operations. The organization's mission is geared towards supporting the visually impaired community in various ways, leveraging the resources of the 1155 Market Street building to achieve its objectives.
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Impact
October, 2024
The presence of 1155 Market Qalicb significantly enhances the resources and infrastructure available to the Lighthouse for the Blind and Visually Impaired in San Francisco. By supporting the acquisition of the 1155 Market Street building, 1155 Market Qalicb plays a crucial role in ensuring that the Lighthouse can operate effectively, providing essential services to individuals with visual impairments.
This partnership enables the Lighthouse to expand its outreach and improve accessibility to programs tailored for the blind and visually impaired community. By fortifying the physical space where these services are delivered, 1155 Market Qalicb helps create an inclusive environment that fosters independence and empowerment among its beneficiaries.
In summary, 1155 Market Qalicb’s impact is profound, as it underpins the operations of a vital organization that addresses critical needs within the visually impaired community in San Francisco, promoting equality, accessibility, and support services.
This information is meant to be a general summary of 1155 Market Qalicb. 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.
- Gross Receipts: $187,000
Assets and Liabilities:
- Total Assets: $31,764,440
- Total Liabilities: $17,050,000
- Net Assets: $14,714,440
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Organization Details
Founding Year
2015
Phone
(415) 431-1481Principal Officer
Joseph Chan
Main Address
1155 MARKET STREET 10TH FLOOR, SAN FRANCISCO, CA, 94103
Website
www.lighthouse-sf.orgNTEE Category
Code: P80 - Human services
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