Overview
What is Satellite Senior Homes Iv Inc?
Satellite Senior Homes Iv Inc is a nonprofit organization situated in Berkeley, California, specifically at 1835 Alcatraz Avenue. Their primary mission is to provide and manage affordable housing for individuals and families with low income. They lease and operate 41 residential rental units, which are mainly occupied by people experiencing homelessness or at risk of becoming homeless. Their operations are regulated by the California Interagency Council on Homelessness and the California Department of Housing and Community Development, under programs like the Homeless Housing Assistance and Prevention Program and the HomeKey Program. The organization aims to reduce government burdens by providing targeted housing solutions for low-income households.
Official website here: www.sahahomes.org
Is Satellite Senior Homes Iv Inc legitimate?
Satellite Senior Homes Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Satellite Senior Homes Iv 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: $81,272
For more financial information, click here
Official website here: www.sahahomes.org
What is the mission statement of Satellite Senior Homes Iv Inc?
Satellite Senior Homes Iv Inc's mission is centered around providing affordable housing for individuals and families with low income. Their objective is to alleviate some of the government's burden by developing, owning, and managing such housing units. The corporation's activities involve acquiring, rehabilitating, and operating decent and safe housing units, making them accessible to those in need. By doing so, Satellite Senior Homes Iv Inc aims to contribute significantly to lessening the housing issues faced by low-income households. Their operations are guided by regulations from the California Interagency Council on Homelessness and the California Department of Housing and Community Development, under the Homeless Housing Assistance and Prevention Program and the Homekey Program.
Official website here: www.sahahomes.org
Who is the CEO of Satellite Senior Homes Iv Inc?
Rauly Butler is the Chairperson of Satellite Senior Homes Iv Inc. The CEO's salary of Satellite Senior Homes Iv Inc is $0 and their total compensation is $356,101.
Official website here: www.sahahomes.org
What is the revenue of Satellite Senior Homes Iv Inc?
Satellite Senior Homes Iv Inc's revenue in 2022 was $491,517.
Official website here: www.sahahomes.org
Who are the executives of Satellite Senior Homes Iv Inc and what are their salaries?
Here are 17 key members and their salaries (Satellite Senior Homes Iv Inc's CEO's salary is $0 and their total compensation is $356,101):
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- Related: $324,750
- Other: $31,351
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- Related: $80,817
- Other: $8,006
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Official website here: www.sahahomes.org
Where can I find the form 990 for Satellite Senior Homes Iv Inc?
Satellite Senior Homes Iv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sahahomes.org
Learn more at the official website: www.sahahomes.org
Mission Statement of Satellite Senior Homes Iv Inc
Satellite Senior Homes Iv Inc is committed to making a significant contribution in alleviating the burden on government by providing affordable housing for individuals and families with low income. The organization's mission is to acquire, develop, finance, rehabilitate, own, and operate decent and safe living spaces that are within the financial reach of these households. By doing so, Satellite Senior Homes Iv Inc aims to lessen the government's responsibility in addressing housing issues.
The corporation operates 41 residential rental units, situated on a property owned by the City of Oakland. These units are primarily rented to individuals who are currently experiencing homelessness or are at risk of becoming homeless. The rental charges, operating methods, and various other aspects of the property's management are regulated by the California Interagency Council on Homelessness and the California Department of Housing and Community Development. Specifically, these regulations are implemented through the Homeless Housing Assistance and Prevention Program and the Homekey Program. Satellite Senior Homes Iv Inc plays a crucial role in providing affordable housing solutions, thereby contributing to the overall well-being of its residents and easing the strain on government resources.
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Impact
July, 2024
Satellite Senior Homes Iv Inc's impact lies in its provision of affordable and safe housing to persons and households of low income in the city of Berkeley, California. By leasing and operating residential rental units for individuals experiencing homelessness or at risk of homelessness, the organization plays a vital role in addressing housing insecurity and supporting those in need within the community. This direct effort helps alleviate the burden on government resources by offering a stable and supportive living environment for vulnerable populations.
This information is meant to be a general summary of Satellite Senior Homes Iv 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 2022.
- Program Service Revenue: $166,859
- Gross Receipts: $491,517
Assets and Liabilities:
- Total Assets: $4,904,035
- Total Liabilities: $4,904,035
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$166,859
Organization Details
Founding Year
1983
Phone
(510) 647-0700Principal Officer
Rauly Butler
Main Address
1835 Alcatraz Avenue, Berkeley, CA, 94703
Website
www.sahahomes.orgNTEE Category
Code: L21 - Housing
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