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Kay Mar Way Inc

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

EIN: 680390856 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kay Mar Way Inc?

Kay Mar Way Inc is a nonprofit corporation situated in Sacramento, California. It owns and manages a mobile home park, offering housing to a population primarily comprising low-income individuals. The organization's mission is to provide affordable, long-term housing solutions to this vulnerable group, leveraging financing from various governmental resources. Kay Mar Way Inc's primary purpose is to contribute to the community by offering a secure and supportive living environment, thereby addressing the housing needs of its residents.

Is Kay Mar Way Inc legitimate?

Kay Mar Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kay Mar Way 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 Kay Mar Way Inc?

Kay Mar Way Inc's mission is centered around providing affordable housing for individuals with low income. The corporation achieves this by leveraging long-term financing from various governmental sources. Their primary activity involves owning and managing a mobile home park, which houses 34 low-income families. By offering such housing, Kay Mar Way Inc contributes to the community by ensuring that these families have a secure place to live.

Who is the CEO of Kay Mar Way Inc?

Josh Berkely is the President of Kay Mar Way Inc.

What is the revenue of Kay Mar Way Inc?

Kay Mar Way Inc's revenue in 2022 was $127,716.

Who are the executives of Kay Mar Way Inc and what are their salaries?

There 6 volunteers at Kay Mar Way Inc.


Here are 6 key members and their salaries:


Mike Mcgirr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Mcnaughton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Mcneany (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Pimentel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Maddox (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kay Mar Way Inc?

Kay Mar Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kay Mar Way Inc

Kay Mar Way Inc, as a corporation, is dedicated to providing low-income individuals with sustainable housing solutions. It achieves this goal by securing long-term financing from various government sources. The organization's main focus is on public supported housing, which it provides in a mobile home park, housing 34 low-income families. Kay Mar Way Inc's mission is to make affordable housing accessible to those who are in need, ensuring they have a stable living environment.

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Impact




October, 2024

Kay Mar Way Inc significantly contributes to addressing housing needs in the Sacramento area by providing affordable housing options for low-income families. The organization operates a mobile home park with 34 sites, enabling residents to attain stable and safe living conditions. By leveraging long-term financing from various governmental sources, Kay Mar Way Inc ensures that these homes remain accessible to those in need, promoting community welfare and enhancing the quality of life for its residents. This effort plays a vital role in mitigating housing insecurity and fostering a supportive environment for low-income individuals and families.




This information is meant to be a general summary of Kay Mar Way 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
$127,716 (2022)
Expenses
$95,416 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37
  • Program Service Revenue: $127,679
  • Gross Receipts: $127,716

Assets and Liabilities:

  • Total Assets: $824,741
  • Total Liabilities: $598,799
  • Net Assets: $225,942

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Programs

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

Assessments of Owners

Revenue

$127,679

Organization Details

Founding Year

1996

Principal Officer

Josh Berkely

Main Address

Berkley Mgmt 1721 Eastern Ave, Sacramento, CA, 95864

NTEE Category

Code: L80 - Housing

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