Overview
What is Presidio Gate Apartments?
Presidio Gate Apartments is a nonprofit organization established in 1982, sponsored by Episcopal Senior Communities (ESC). The primary goal of this organization is to provide high-quality, affordable housing for low-income seniors and disabled residents. Situated in San Francisco, California, Presidio Gate Apartments consists of 54 units and a manager's unit, regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rent charges and operating methods. During the year, the organization served a total of 57 individuals, ensuring their physical, social, and psychological needs are met while promoting their health, security, happiness, and usefulness in longer living. The nonprofit's mission is deeply rooted in enhancing the lives of elderly and disabled individuals by offering them specialized housing facilities and services.
Official website here: www.covia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Presidio Gate Apartments has received a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. The charity scored a perfect 100% in all relevant metrics, which emphasizes its commitment to transparency and responsible financial management. This high rating is significant as it demonstrates the organization's effectiveness and reliability to potential donors and supporters.
One of the notable strengths of Presidio Gate Apartments is its governance structure, featuring a fully independent board with eight members, ensuring unbiased decision-making. The organization has also established comprehensive policies, such as conflict of interest and whistleblower protections, which further enhance its accountability. Moreover, the financial health of the nonprofit is strong, with a program expense ratio of 92.49%, indicating that a substantial portion of its resources is directed toward its mission-related activities.
While the data showcases several strengths, it is essential for stakeholders to continuously monitor the organization’s activities and impact on the community it serves. However, based on the current financial metrics and governance structure, Presidio Gate Apartments stands out as a well-managed and trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Presidio Gate Apartments legitimate?
Presidio Gate Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presidio Gate Apartments 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: $190,846
For more financial information, click here
Official website here: www.covia.org
What is the mission statement of Presidio Gate Apartments?
Presidio Gate Apartments is committed to providing quality housing for low-income seniors and individuals with disabilities. Their mission is to offer specialized housing facilities and services that cater to the physical, social, and psychological needs of these residents. The aim is to promote their health, security, happiness, and usefulness in longer living. The organization was established in 1982, under the sponsorship of Episcopal Senior Communities, with the purpose of constructing and operating a senior rental housing project. Regulated by the U.S. Department of Housing and Urban Development, the project offers 54 affordable senior housing units and serves a total of 57 individuals, ensuring they live with dignity and support.
Official website here: www.covia.org
Who is the CEO of Presidio Gate Apartments?
Eduardo Salvador is the Chairman of Presidio Gate Apartments. The CEO's salary of Presidio Gate Apartments is $0 and their total compensation is $223,210.
Official website here: www.covia.org
What is the revenue of Presidio Gate Apartments?
Presidio Gate Apartments's revenue in 2022 was $1,362,202.
Official website here: www.covia.org
Who are the executives of Presidio Gate Apartments and what are their salaries?
The average compensation at Presidio Gate Apartments during 2022 was $47,712. There are 4 employees and 16 volunteers at Presidio Gate Apartments.
Here are 18 key members and their salaries (Presidio Gate Apartments's CEO's salary is $0 and their total compensation is $223,210):
- 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
- Compensation: $0
- Related: $490,744
- Other: $28,922
- Compensation: $0
- Related: $241,150
- Other: $49,252
- Compensation: $0
- Related: $216,226
- Other: $19,099
- Compensation: $0
- Related: $1,032,702
- Other: $10,267
- Compensation: $0
- Related: $543,764
- Other: $49,111
- Compensation: $0
- Related: $500,719
- Other: $15,679
- Compensation: $0
- Related: $373,068
- Other: $33,370
- Compensation: $0
- Related: $471,771
- Other: $11,719
- Compensation: $0
- Related: $442,942
- Other: $10,980
- Compensation: $0
- Related: $478,264
- Other: $56,639
- Compensation: $0
- Related: $217,139
- Other: $6,071
Official website here: www.covia.org
Where can I find the form 990 for Presidio Gate Apartments?
Presidio Gate Apartments's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covia.org
Learn more at the official website: www.covia.org
Mission Statement of Presidio Gate Apartments
Presidio Gate Apartments, established in 1982 under the sponsorship of Episcopal Senior Communities (ESC), is dedicated to providing quality housing for low-income seniors and disabled residents. The organization's primary mission is to cater to the unique needs of elderly and handicapped individuals, offering housing facilities and services specifically designed to address their physical, social, and psychological requirements. The aim is to promote their health, security, happiness, and usefulness in longer living.
Presidio Gate Apartments operates under Section 202 of the National Housing Act, which is regulated by the U.S. Department of Housing and Urban Development (HUD). This regulation ensures that the rent charges and operating methods of the project adhere to certain standards. The project itself consists of 54 affordable senior housing units, along with an additional manager's unit. During the year, a total of 57 individuals benefited from the services provided by Presidio Gate Apartments.
In essence, Presidio Gate Apartments serves as a sanctuary for elderly and handicapped individuals, offering them a living environment that caters to their specific needs. By providing housing facilities and services tailored to their unique requirements, the organization aims to enhance their quality of life and promote their overall well-being.
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Impact
July, 2024
Presidio Gate Apartments has a significant impact on the community by providing quality housing for low-income seniors and disabled residents. Since its establishment in 1982, this organization has been dedicated to offering affordable and secure housing options specifically designed to meet the physical, social, and psychological needs of its residents. By operating a senior rental housing project under the regulations of the U.S. Department of Housing and Urban Development, Presidio Gate Apartments serves as a vital resource for elderly and handicapped individuals in need of housing facilities and services. Through its mission to promote the health, security, happiness, and usefulness of its residents in longer living, Presidio Gate Apartments plays a crucial role in enhancing the well-being and quality of life for those it serves.
This information is meant to be a general summary of Presidio Gate Apartments. 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: $1,759
- Program Service Revenue: $1,351,084
- Gross Receipts: $1,362,202
Assets and Liabilities:
- Total Assets: $17,343,347
- Total Liabilities: $4,686,210
- Net Assets: $12,657,137
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ASSISTANCE INCOME
Revenue
$1,141,530
RENTAL INCOME
Revenue
$209,554
Organization Details
Founding Year
1982
Phone
(925) 956-7400Principal Officer
Eduardo Salvador
Main Address
2185 N CALIFORNIA BLVD 215, WALNUT CREEK, CA, 94596
Website
www.covia.orgNTEE Category
Code: L200 - Housing
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