Overview
What is 1150 Webster Street Inc?
1150 Webster Street Inc is a charitable organization affiliated with EAH Inc., a California nonprofit public benefit corporation. Its primary role is to manage and operate low-income housing facilities in San Francisco, California. The organization directly manages 68 units through a disregarded entity, while another 68 units are managed through a limited liability company serving as the general partner of a limited partnership. One of these properties is located in San Rafael, CA. In essence, 1150 Webster Street Inc plays a significant role in providing affordable housing solutions for those in need within the San Francisco area.
Is 1150 Webster Street Inc legitimate?
1150 Webster Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1150 Webster Street 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 1150 Webster Street Inc?
1150 Webster Street Inc, as an entity, is committed to carrying out the charitable purposes and functions of EAH Inc., a California nonprofit organization. Its primary role is to manage two properties providing low-income housing in San Francisco and San Rafael, CA. While the mission statement is not explicitly provided, it can be inferred that the organization's goal is to contribute to affordable housing and support for those in need, aligning with the broader objectives of EAH Inc. Furthermore, the organization demonstrates this commitment by owning and managing these properties, thereby offering housing solutions for individuals who might otherwise be unable to afford it.
Who is the CEO of 1150 Webster Street Inc?
Robert Schraeger is the President of 1150 Webster Street Inc.
What is the revenue of 1150 Webster Street Inc?
1150 Webster Street Inc's revenue in 2023 was $32,078.
Who are the executives of 1150 Webster Street Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for 1150 Webster Street Inc?
1150 Webster Street Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of 1150 Webster Street Inc
1150 Webster Street Inc, as an extension of EAH Inc., a California-based nonprofit corporation, is dedicated to carrying out charitable purposes. Its primary role is to manage and oversee two properties providing low-income housing in San Francisco and San Rafael, California. By serving as the sole owner of a disregarded entity and the general partner of two limited liability companies, 1150 Webster Street Inc ensures the provision of 136 housing units that cater to individuals with limited financial means. This nonprofit organization's mission is to contribute to the betterment of society by providing essential housing resources, thereby supporting vulnerable individuals in need.
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Impact
August, 2024
1150 Webster Street Inc's impact is significant in providing low-income housing opportunities in San Francisco and San Rafael, California. Through its ownership and partnerships, it facilitates the availability of 136 units of affordable housing to individuals and families in need. By ensuring access to safe and affordable housing, 1150 Webster Street Inc directly contributes to addressing the pressing issue of housing insecurity and homelessness in the community, ultimately improving the quality of life for those it serves.
This information is meant to be a general summary of 1150 Webster Street 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: $30,253
- Gross Receipts: $32,078
Assets and Liabilities:
- Total Assets: $7,687
- Total Liabilities: $2,838,621
- Net Assets: -$2,830,934
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Organization Details
Phone
(415) 258-1800Principal Officer
Robert Schraeger
Main Address
22 Pelican Way, San Rafael, CA, 94901
NTEE Category
Code: L21 - Housing
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