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Pahc Sheridan Apartments Inc

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

EIN: 770480421 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

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Overview

What is Pahc Sheridan Apartments Inc?

Pahc Sheridan Apartments Inc, based in Palo Alto, California, serves as the general partner for two partnerships that provide low-income housing to approximately 110 families. Their charitable and public purpose involves offering housing for low-income individuals when no adequate options exist, operating housing for those in need of affordable, safe, and sanitary living spaces, and supporting Palo Alto Housing Corporation, a California nonprofit exempt from federal income tax. In essence, Pahc Sheridan Apartments Inc is committed to providing housing solutions for disadvantaged individuals, ensuring they have access to decent and secure living conditions.


Official website here: www.altahousing.org/

Is Pahc Sheridan Apartments Inc legitimate?

Pahc Sheridan Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pahc Sheridan Apartments 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


Official website here: www.altahousing.org/

What is the mission statement of Pahc Sheridan Apartments Inc?

Pahc Sheridan Apartments Inc is dedicated to providing housing for individuals with low income. The organization serves as a general partner in two partnerships that own and operate low-income rental housing, benefiting approximately 110 low-income families. Its primary objective is to address the lack of adequate housing for this group, ensuring they have access to affordable, decent, safe, and sanitary housing along with related services. Furthermore, Pahc Sheridan Apartments Inc supports the purposes of Palo Alto Housing Corporation, a nonprofit public benefit corporation, in providing housing for low-income persons and addressing their housing needs.


Official website here: www.altahousing.org/

Who is the CEO of Pahc Sheridan Apartments Inc?

Randal Tsuda is the Chair of Pahc Sheridan Apartments Inc. The CEO's salary of Pahc Sheridan Apartments Inc is $0 and their total compensation is $339,749.


Official website here: www.altahousing.org/

What is the revenue of Pahc Sheridan Apartments Inc?

Pahc Sheridan Apartments Inc's revenue in 2022 was $123,294.


Official website here: www.altahousing.org/

Who are the executives of Pahc Sheridan Apartments Inc and what are their salaries?

There 16 volunteers at Pahc Sheridan Apartments Inc.


Here are 18 key members and their salaries (Pahc Sheridan Apartments Inc's CEO's salary is $0 and their total compensation is $339,749):


Jean Mccown (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Thompson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Packer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menka Sethi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Martignetti Jr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Sloan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Saito (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Horst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Mendez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Routt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Botelho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ratner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olya Krasnykh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Schild (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal Tsuda (President & Ceo)
  • Compensation: $0
  • Related: $278,200
  • Other: $61,549
Marc Garcia (Cfo)
  • Compensation: $0
  • Related: $193,145
  • Other: $50,536


Official website here: www.altahousing.org/

Where can I find the form 990 for Pahc Sheridan Apartments Inc?

Pahc Sheridan Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.altahousing.org/

Learn more at the official website: www.altahousing.org/

Mission Statement of Pahc Sheridan Apartments Inc

Pahc Sheridan Apartments Inc, as a general partner in two partnerships, is dedicated to providing housing for low-income families. The organization's mission is multifaceted, encompassing the ownership and operation of affordable housing units for approximately 110 low-income families. Pahc Sheridan Apartments Inc supports the objectives of Palo Alto Housing Corporation, a nonprofit public benefit corporation, with the aim of addressing the housing needs of low-income individuals who may not have access to adequate, safe, and sanitary housing. The organization's charitable and public purposes include providing housing for those in need, supporting partnerships that offer affordable housing, and furthering the goals of Palo Alto Housing Corporation, a federally exempt 501(c)(3) organization. In essence, Pahc Sheridan Apartments Inc strives to enhance the living conditions and improve the quality of life for low-income families by providing them with suitable housing options.

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Impact




October, 2024

Pahc Sheridan Apartments Inc plays a vital role in addressing the housing needs of low-income individuals and families in Palo Alto, California. By providing affordable, decent, safe, and sanitary housing, the organization significantly impacts the lives of approximately 110 low-income families who may otherwise struggle to find adequate housing in an area where such options are limited.

Their work not only fulfills an essential need for affordable living spaces but also fosters a sense of community and stability for these families. By serving as a general partner in partnerships that own and operate rental housing, Pahc Sheridan Apartments Inc helps ensure that these families have a safe place to call home, supporting their overall well-being and allowing them to focus on other crucial aspects of their lives, such as education and employment.

In addition, the organization contributes to a larger mission of supporting the purposes of the Palo Alto Housing Corporation, further amplifying its impact in the community by collaborating with other entities dedicated to creating sustainable housing solutions. Overall, Pahc Sheridan Apartments Inc is a crucial player in enhancing the quality of life for low-income residents and combating housing insecurity in Palo Alto.




This information is meant to be a general summary of Pahc Sheridan Apartments 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
$123,294 (2022)
Expenses
$445,057 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $123,294
  • Gross Receipts: $123,294

Assets and Liabilities:

  • Total Assets: $136,509
  • Total Liabilities: $1,580,643
  • Net Assets: -$1,444,134

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Programs

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

MANAGEMENT FEES

Revenue

$123,294

Organization Details

Founding Year

1998

Principal Officer

Randal Tsuda

Main Address

3460 W BAYSHORE ROAD 104, PALO ALTO, CA, 94303

NTEE Category

Code: L20Z - Housing

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