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Eah-Contra Costa Inc

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

EIN: 680289600 ✦ San rafael, CA ✦ Designated as a 501(c)(3)

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Overview

What is Eah-Contra Costa Inc?

Eah-Contra Costa Inc is a notable nonprofit organization based in San Rafael, California. Situated at 22 Pelican Way, this charity entity is engaged in performing the charitable functions and carrying out the charitable purposes of EAH Inc., a California-based public benefit corporation. The primary mission of Eah-Contra Costa Inc. aligns with its supported organization, EAH Inc., which is dedicated to providing low-income housing. To achieve this goal, Eah-Contra Costa Inc. serves as the sole member of a limited liability company, which, in turn, acts as the general partner of a limited partnership. This partnership manages a 378-unit low-income housing complex located in Richmond, California. The organization's efforts contribute to addressing housing needs within the community, focusing on those with limited financial resources.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars

Eah-Contra Costa Inc received a 59% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in areas such as having an independent board and basic governance policies, which are critical for transparency and accountability. Despite achieving full points in program expenses, highlighting that all its expenses are directed towards its programs, the overall lack of foundational governance structures raises red flags for potential donors.

The organization's financial oversight appears to be robust, as evidenced by a perfect score in its audit and oversight committee. However, the absence of independent board members and missing policies on conflicts of interest, whistleblower protections, and document retention point to systemic weaknesses in governance. This lack of proper oversight could hinder the organization's effectiveness and trustworthiness in the eyes of stakeholders.

While Eah-Contra Costa Inc excels in directing funds toward its programs, the poor performance in governance and financial accountability aspects leads to concerns about its overall operational integrity. Prospective donors and supporters should consider these factors carefully when evaluating the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Eah-Contra Costa Inc legitimate?

Eah-Contra Costa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eah-Contra Costa Inc 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 Eah-Contra Costa Inc?

Eah-Contra Costa Inc's mission, as a charitable organization, is to carry out its charitable purposes by providing low-income housing. In alignment with its mission, the corporation serves as the sole member of a Limited Liability Company, which, in turn, acts as the General Partner of a Limited Partnership, offering 378 units of affordable housing in Richmond, California. By providing low-income housing, Eah-Contra Costa Inc aims to contribute positively to the community and support individuals who require affordable housing solutions.

Who is the CEO of Eah-Contra Costa Inc?

Cathy Macy is the President of Eah-Contra Costa Inc.

What is the revenue of Eah-Contra Costa Inc?

Eah-Contra Costa Inc's revenue in 2022 was $2,282,838.

Who are the executives of Eah-Contra Costa Inc and what are their salaries?


Here are 6 key members and their salaries:


Cathy Macy (President)
  • Compensation: $0
  • Related: $372,185
  • Other: $39,392
Leslie Dabi (Director)
  • Compensation: $0
  • Related: $230,866
  • Other: $26,581
Verna Causby-Smith (Sec/Treasurer)
  • Compensation: $0
  • Related: $153,340
  • Other: $18,761
Mike Farrel (Former Presdnt)
  • Compensation: $0
  • Related: $143,323
  • Other: $13,346
Sandra Nedley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Marrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eah-Contra Costa Inc?

Eah-Contra Costa Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Eah-Contra Costa Inc

Eah-Contra Costa Inc, a California-based nonprofit organization, is dedicated to carrying out its charitable purposes and functions. At the heart of its mission is the provision of low-income housing. By serving as the sole member of a limited liability company and the general partner of a limited partnership, Eah-Contra Costa Inc contributes to the provision of 378 units of affordable housing. This commitment to low-income housing aims to make a significant impact in the lives of those in need, providing them with a secure and stable living environment.

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Impact




July, 2024

Eah-Contra Costa Inc's impact is focused on providing low-income housing in Richmond, California. Through its operations as the sole member of a limited liability company that serves as the general partner of a limited partnership, Eah-Contra Costa Inc facilitates the provision of 378 units of low-income housing in the area. This initiative directly addresses the pressing need for affordable housing in the community, offering a tangible solution for those facing financial challenges. By fulfilling its mission to support EAH Inc in providing low-income housing, Eah-Contra Costa Inc plays a vital role in improving the living conditions and overall well-being of individuals and families in the region.




This information is meant to be a general summary of Eah-Contra Costa 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.

Revenue
$2,282,838 (2022)
Expenses
$590,754 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,282,020
  • Program Service Revenue: $818
  • Gross Receipts: $2,282,838

Assets and Liabilities:

  • Total Assets: $56,663,897
  • Total Liabilities: $35,204,219
  • Net Assets: $21,459,678

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Programs

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

ALLOCABLE SHARE PS RENTS

Revenue

$818

Organization Details

Founding Year

1992

Principal Officer

Cathy Macy

Main Address

22 Pelican Way, San Rafael, CA, 94901

NTEE Category

Code: L200 - Housing

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