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Colosimo Apartments Inc

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

EIN: 942711709 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Colosimo Apartments Inc?

Colosimo Apartments Inc is a nonprofit organization, specifically a public benefit corporation based in California, as per the information provided. Their primary mission is to support and contribute to the objectives of Mission Housing Development Corporation, another California-based nonprofit, in accordance with Section 509(a)(3) of the Internal Revenue Code. This involves providing decent, safe, and sanitary housing for its beneficiaries. The organization's role is to aid in the development of such housing, thereby enhancing the living conditions and quality of life for those in need.

Is Colosimo Apartments Inc legitimate?

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


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 Colosimo Apartments Inc?

Colosimo Apartments Inc's mission is centered around supporting a California-based nonprofit organization, Mission Housing Development Corporation, in its mission to provide decent, safe, and sanitary housing. The primary objective of Colosimo Apartments Inc is to contribute to this cause in accordance with Section 509(a)(3) of the Internal Revenue Code. This involvement aims to enhance the living conditions of individuals by providing them with suitable housing.

What is the revenue of Colosimo Apartments Inc?

Colosimo Apartments Inc's revenue in 2024 was $55,114.

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

Here are 6 key members and their salaries:


Sam Moss (Vice Chair)
  • Compensation: $0
  • Related: $272,650
  • Other: $8,818
Jon Layman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Musetta So (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Gomez-Benitez (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irving Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Ahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colosimo Apartments Inc?

Colosimo Apartments Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Colosimo Apartments Inc

Colosimo Apartments Inc, as a supporting entity, works towards benefiting and aiding Mission Housing Development Corporation, a California-based nonprofit public benefit corporation. In line with Section 509(a)(3) of the Internal Revenue Code, Colosimo Apartments Inc strives to provide decent, safe, and sanitary housing. By doing so, the organization contributes to and supports the overall objectives and purposes of Mission Housing Development Corporation.

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Impact




August, 2024

Colosimo Apartments Inc's impact lies in providing decent, safe, and sanitary housing for individuals in need. By supporting Mission Housing Development Corporation, a California nonprofit, Colosimo Apartments Inc contributes to the mission of providing affordable housing for those who require it. Through this support, Colosimo Apartments Inc plays a crucial role in addressing the housing needs of the community, particularly in San Francisco, CA.




This information is meant to be a general summary of Colosimo 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
$55,114 (2024)
Expenses
$58,032 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2
  • Program Service Revenue: $53,337
  • Gross Receipts: $55,114

Assets and Liabilities:

  • Total Assets: $475,786
  • Total Liabilities: $80,858
  • Net Assets: $394,928

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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

$190

GP ASSET MGMT FEES

Revenue

$22,234

PARTNERSHIP MGMT FEES

Revenue

$30,913

Organization Details

Principal Officer

Jon Layman

NTEE Category

Code: L21Z - Housing

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