Rincon De Los Esteros Inc

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

EIN: 770329569 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rincon De Los Esteros Inc?

Rincon De Los Esteros Inc is a nonprofit organization situated in San Jose, California. Their primary focus is providing housing solutions for individuals and families with low incomes. They own, manage, and operate a 246-unit apartment complex in the city, and during the year, they served 803 people. The corporation's mission is multifaceted, serving as a general partner in limited partnerships that own and operate housing for the benefit of low-income individuals, thereby contributing to the community's affordable housing needs.


Official website here: www.firsthousing.org

Is Rincon De Los Esteros Inc legitimate?

Rincon De Los Esteros Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rincon De Los Esteros 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: $490,769

For more financial information, click here


Official website here: www.firsthousing.org

What is the mission statement of Rincon De Los Esteros Inc?

Rincon De Los Esteros Inc is organized with the primary objective of providing housing for individuals and families of lower income levels. The corporation serves as a general partner in limited partnerships, which own and operate housing for the benefit of these low-income individuals. The organization's mission is carried out by owning, maintaining, and managing a 246-unit multi-family apartment complex. During a given year, this complex serves approximately 803 people, offering them a place to call home.


Official website here: www.firsthousing.org

Who is the CEO of Rincon De Los Esteros Inc?

Richard Conniff is the Chairman Of The Bod of Rincon De Los Esteros Inc. The CEO's salary of Rincon De Los Esteros Inc is $0 and their total compensation is $350,295.


Official website here: www.firsthousing.org

What is the revenue of Rincon De Los Esteros Inc?

Rincon De Los Esteros Inc's revenue in 2022 was $4,686,516.


Official website here: www.firsthousing.org

Who are the executives of Rincon De Los Esteros Inc and what are their salaries?

There 11 volunteers at Rincon De Los Esteros Inc.


Here are 15 key members and their salaries (Rincon De Los Esteros Inc's CEO's salary is $0 and their total compensation is $350,295):


Gary Schoennauer (Chairman Of The Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Conniff (Vp/Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew James (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dunia Noel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Angulo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Deyoung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sherrard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kermit Conley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ru Weerakoon (Vp/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Cross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Gee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Muysenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Rodger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Morgan (President/Ceo Of Fch)
  • Compensation: $0
  • Related: $308,570
  • Other: $41,725
David Munson (Director Of Finance Of Fch)
  • Compensation: $0
  • Related: $181,043
  • Other: $51,999


Official website here: www.firsthousing.org

Where can I find the form 990 for Rincon De Los Esteros Inc?

Rincon De Los Esteros Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.firsthousing.org

Learn more at the official website: www.firsthousing.org

Mission Statement of Rincon De Los Esteros Inc

Rincon De Los Esteros Inc is an organization committed to providing housing for individuals and families with low income. Established with the purpose of serving as a general partner in limited partnerships that own and operate housing, the corporation's primary mission is to offer suitable living spaces for those in need. The organization demonstrates this mission by owning, maintaining, and managing a 246-unit multi-family apartment complex. Throughout the year, this initiative has served over 800 people, showcasing Rincon De Los Esteros Inc's dedication to making a positive impact in the lives of its residents.

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Impact




October, 2024

Rincon De Los Esteros Inc has a significant impact on the San Jose community by providing essential housing for low-income individuals and families. With the ownership and management of a 246-unit multi-family apartment complex, the organization addresses a critical need for affordable housing in the area. In the past year alone, it served 803 individuals, contributing to housing stability and improved quality of life for those facing economic challenges. By maintaining these residences, Rincon De Los Esteros Inc fosters a supportive environment that enables residents to thrive, ultimately enhancing the overall health and well-being of the community.




This information is meant to be a general summary of Rincon De Los Esteros 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
$4,686,516 (2022)
Expenses
$5,065,571 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,972
  • Program Service Revenue: $4,881,245
  • Gross Receipts: $4,686,516

Assets and Liabilities:

  • Total Assets: $16,687,590
  • Total Liabilities: $32,614,664
  • Net Assets: -$15,927,074

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Programs

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

RENTAL INCOME

Revenue

$4,796,849

LAUDRY AND OTHER TENAN

Revenue

$81,731

PARTNERSHIP MGMT FEE

Revenue

$2,000

SUSTAINABILITY PROJECT

Revenue

$665

Organization Details

Founding Year

1992

Principal Officer

Richard Conniff

Main Address

75 E SANTA CLARA STREET 1300, SAN JOSE, CA, 95113

NTEE Category

Code: L21 - Housing

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