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Emeryville Senior Housing Inc

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

EIN: 943107670 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Emeryville Senior Housing Inc?

Emeryville Senior Housing Inc is a nonprofit organization, situated in San Francisco, California, that specializes in providing affordable housing for senior citizens. Aligned with Bridge Housing Corporation's exempt purposes, their mission is to strengthen communities and create opportunities for seniors by developing, owning, and managing high-quality, affordable homes. Their vision encompasses a commitment to customer satisfaction from all stakeholders, making them a trusted developer and owner of housing solutions for public officials, investors, and communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75%, Three-Star out of Four Star rating.

Emeryville Senior Housing Inc has received a 75% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong financial management, evidenced by a high program expense ratio of 97.99%, indicating that nearly all funds are directed towards its mission. Additionally, it has established several important policies, such as conflict of interest and whistleblower protections, which are crucial for maintaining transparency and ethical governance.

However, the organization faces significant weaknesses regarding board independence. With 0% independent members on its board, it lacks diversity in oversight, which can potentially impact its decision-making effectiveness. Furthermore, there are some gaps in compliance with best practices for nonprofit transparency, including missing financial statements on its website, which could limit stakeholder access to important information.

Overall, while Emeryville Senior Housing Inc shows strengths in financial accountability and program efficiency, it should address its board independence and transparency issues to improve its governance practices. Strengthening these areas could enhance trust and support from donors and the community.


This AI summary has been generated from information found on Charity Navigator.

Is Emeryville Senior Housing Inc legitimate?

Emeryville Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emeryville Senior Housing 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: $115,495

For more financial information, click here

What is the mission statement of Emeryville Senior Housing Inc?

Emeryville Senior Housing Inc, as an extension of Bridge Housing Corporation, aims to further its exempt purposes by providing low-income housing for seniors and working families. The organization's mission is to strengthen communities by developing, owning, and managing high-quality, affordable homes. Bridge prioritizes innovation in the mission-driven business of effective production, operation, and ownership of affordable and mixed-income housing. The organization strives to earn the highest degree of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Emeryville Senior Housing Inc is recognized as the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, delivering results consistently.

Who is the CEO of Emeryville Senior Housing Inc?

Delphine Sherman is the Evp Of Development (Outgoing) of Emeryville Senior Housing Inc. The CEO's salary of Emeryville Senior Housing Inc is $0 and their total compensation is $538,963.

What is the revenue of Emeryville Senior Housing Inc?

Emeryville Senior Housing Inc's revenue in 2022 was $1,285,600.

Who are the executives of Emeryville Senior Housing Inc and what are their salaries?


Here are 7 key members and their salaries (Emeryville Senior Housing Inc's CEO's salary is $0 and their total compensation is $538,963):


Kimberly Mckay (Evp Of Development (Outgoing))
  • Compensation: $0
  • Related: $486,042
  • Other: $98,469
Kenneth Lombard (President & Ceo)
  • Compensation: $0
  • Related: $503,363
  • Other: $35,600
Delphine Sherman (Evp & Cfo)
  • Compensation: $0
  • Related: $347,144
  • Other: $116,424
Rebecca Hlebasko (Svp General Counsel)
  • Compensation: $0
  • Related: $342,254
  • Other: $104,797
James Mather (Evp & Cio)
  • Compensation: $0
  • Related: $347,823
  • Other: $97,080
Susan Johnson (Evp (Outgoing))
  • Compensation: $0
  • Related: $245,086
  • Other: $21,219
Sierra Atilano (Evp Of Development)
  • Compensation: $0
  • Related: $76,056
  • Other: $3,970
Where can I find the form 990 for Emeryville Senior Housing Inc?

Emeryville Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Emeryville Senior Housing Inc

Emeryville Senior Housing Inc, a subsidiary of Bridge Housing Corporation, carries out its mission to strengthen communities and create opportunities for working families and seniors. The organization achieves this by developing, owning, and managing high-quality, affordable housing units for these groups. Bridge, as Emeryville Senior Housing Inc is often referred to, leads and innovates in the mission-driven business of producing, operating, and owning affordable and mixed-income housing. The organization strives for the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Emeryville Senior Housing Inc serves as a reliable developer and owner for public officials, investors, and communities seeking various housing solutions, delivering results consistently.

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Impact




July, 2024

Emeryville Senior Housing Inc's impact is instrumental in providing affordable housing solutions for senior citizens in the community. By owning and operating an affordable housing project specifically for seniors, this organization plays a crucial role in addressing the housing needs of low-income seniors in San Francisco, CA. Their commitment to ensuring high-quality and affordable homes for this vulnerable population directly contributes to strengthening the community and creating opportunities for senior citizens to live comfortably and securely. In doing so, Emeryville Senior Housing Inc not only fulfills its mission but also aligns with the vision of Bridge Housing Corporation to be a leader in providing effective and innovative housing solutions for all stakeholders involved.




This information is meant to be a general summary of Emeryville Senior Housing 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
$1,285,600 (2022)
Expenses
$761,169 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,478
  • Program Service Revenue: $196,816
  • Gross Receipts: $1,285,600

Assets and Liabilities:

  • Total Assets: $5,865,098
  • Total Liabilities: $3,267,388
  • Net Assets: $2,597,710

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Programs

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

RENTAL INCOME

Revenue

$194,214

ANCILLARY SERVICES

Revenue

$2,528

OTHER INCOME

Revenue

$74

Organization Details

Founding Year

1989

Principal Officer

Delphine Sherman

Main Address

600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

NTEE Category

Code: L22Z - Housing

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