Overview
What is Baywood Apartments Inc?
Baywood Apartments Inc is a nonprofit organization based in Hayward, California, with an address at 22645 Grand Street, CA 94541. Their primary mission is to act as a managing general partner and limited partner in partnerships that own and operate low-income housing projects. By participating in such partnerships, Baywood Apartments Inc contributes to making affordable housing available for people in need. Their activities revolve around low-income housing projects, aiming to provide essential living spaces for individuals and families who may not have other housing options.
Official website here: www.edenhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Baywood Apartments Inc has achieved an impressive score of 97%, reflecting its strong commitment to accountability and financial health. The organization boasts a perfect score for its independent board members and has no material diversion of assets, indicating transparency and integrity in managing its resources. Additionally, the organization has well-documented policies, including conflict of interest and whistleblower protections, which further enhance its operational credibility.
The financial management of Baywood Apartments Inc is notably robust, with a program expense ratio of 99.98%, demonstrating that nearly all funds are directed towards its programs and mission. The low liabilities to assets ratio of 14.70% signifies a strong financial position, allowing the organization to effectively sustain and potentially expand its services.
Overall, Baywood Apartments Inc appears to be a highly accountable and financially sound nonprofit, with a strong emphasis on proper governance and operational transparency. These strengths contribute to its reputation as a responsible organization, dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Baywood Apartments Inc legitimate?
Baywood Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baywood 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.edenhousing.org
What is the mission statement of Baywood Apartments Inc?
Baywood Apartments Inc's mission is centered around serving as a partner in limited partnerships. Specifically, the organization aims to own and operate low-income housing projects. In this role, Baywood Apartments Inc functions as both the managing general partner and limited partner, contributing to the management and financing of these housing projects. The organization's mission is to provide affordable housing solutions for individuals in need, contributing to the betterment of their communities.
Official website here: www.edenhousing.org
Who is the CEO of Baywood Apartments Inc?
Linda Mandolini is the President of Baywood Apartments Inc.
Official website here: www.edenhousing.org
What is the revenue of Baywood Apartments Inc?
Baywood Apartments Inc's revenue in 2022 was $137,241.
Official website here: www.edenhousing.org
Who are the executives of Baywood Apartments Inc and what are their salaries?
There 17 volunteers at Baywood Apartments Inc.
Here are 20 key members and their salaries:
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- Related: $567,223
- Other: $43,669
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- Related: $417,329
- Other: $18,625
Official website here: www.edenhousing.org
Where can I find the form 990 for Baywood Apartments Inc?
Baywood Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edenhousing.org
Learn more at the official website: www.edenhousing.org
Mission Statement of Baywood Apartments Inc
Baywood Apartments Inc, as a managing general partner and limited partner, is dedicated to participating in limited partnerships that own and operate low-income housing projects. The organization's mission is to contribute to the provision of affordable living spaces for individuals with limited financial resources. By investing in these partnerships, Baywood Apartments Inc plays a vital role in ensuring that low-income families have access to decent housing, fostering community stability and promoting social equity.
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Impact
October, 2024
Baywood Apartments Inc plays a crucial role in addressing the housing needs of low-income families in Hayward, California. By partnering in limited partnerships that manage and operate low-income housing projects, the organization helps to create and maintain affordable housing options in the community.
Through its initiatives, Baywood Apartments Inc contributes to the stability and growth of the local economy by ensuring that residents have access to safe and affordable living conditions. This not only fosters a sense of community but also supports overall social well-being.
By acting as both managing general partner and limited partner in these housing partnerships, Baywood Apartments Inc demonstrates its commitment to combating housing insecurity and enhancing the quality of life for those it serves. The organization’s focus on sustainable and responsible housing solutions underscores its impact in transforming the residential landscape for economically disadvantaged individuals and families.
This information is meant to be a general summary of Baywood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $136,836
- Gross Receipts: $137,241
Assets and Liabilities:
- Total Assets: $4,539,947
- Total Liabilities: $667,677
- Net Assets: $3,872,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSET MANAGEMENT FEES
Revenue
$102,405
PARTNERSHIP MANAGEMENT FEES
Revenue
$34,431
Organization Details
Founding Year
1991
Phone
(510) 582-1460Principal Officer
Linda Mandolini
Main Address
22645 GRAND STREET, HAYWARD, CA, 94541
Website
www.edenhousing.orgNTEE Category
Code: L20Z - Housing
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