Overview
What is Bernal Heights Housing Corporation?
Bernal Heights Housing Corporation, established in 1991, is a nonprofit organization situated in San Francisco, California. Their primary mission is to preserve and develop affordable housing for individuals with low and moderate incomes. The corporation engages in developing new housing projects and rehabilitating existing ones to cater to this demographic. The organization's work aims to contribute positively to the housing landscape of San Francisco.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Bernal Heights Housing Corporation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicative of strong performance in accountability and finance. With an overall score based solely on a single beacon score, the nonprofit demonstrates exceptional practices in financial management, notably a 90.96% program expense ratio, which suggests that the majority of funds are dedicated to its programs rather than administrative costs.
The organization benefits from a fully independent board, with all 8 members being independent and an optimal board size contributing to effective governance. Additionally, it adheres to robust policies for conflict of interest, whistleblower protections, and document retention, all of which are crucial for maintaining transparency and trust with stakeholders.
While there are no notable limitations mentioned in their financial practices, the outstanding accountability measures in place suggest a well-structured approach to nonprofit management. Overall, Bernal Heights Housing Corporation exemplifies a commitment to financial health and transparency, aligning well with best practices in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bernal Heights Housing Corporation legitimate?
Bernal Heights Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bernal Heights Housing Corporation 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: $154,539
For more financial information, click here
What is the mission statement of Bernal Heights Housing Corporation?
Bernal Heights Housing Corporation, established in 1991, is dedicated to preserving and developing affordable housing options for individuals with low and moderate income levels. The organization's mission involves developing or rehabilitating both new and existing housing projects to address the housing needs of this population segment. The corporation has been actively working towards the creation of affordable housing throughout various communities.
Who is the CEO of Bernal Heights Housing Corporation?
Gina Dacus is the Executive Dir. of Bernal Heights Housing Corporation.
What is the revenue of Bernal Heights Housing Corporation?
Bernal Heights Housing Corporation's revenue in 2022 was $3,218,735.
Who are the executives of Bernal Heights Housing Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $149,500
- Other: $15,778
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bernal Heights Housing Corporation?
Bernal Heights Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bernal Heights Housing Corporation
Bernal Heights Housing Corporation, established in 1991, is a nonprofit organization dedicated to preserving and developing affordable housing for individuals with low and moderate incomes. The corporation's mission encompasses the development or rehabilitation of both new and existing housing projects, aiming to provide affordable living options throughout the city of San Francisco, California. By undertaking these initiatives, Bernal Heights Housing Corporation strives to contribute positively to the community, ensuring that a diverse range of individuals can afford to reside in the area.
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Impact
July, 2024
Bernal Heights Housing Corporation has significantly impacted the San Francisco community by preserving and developing affordable housing for low and moderate-income individuals since its establishment in 1991. Through their work, they have contributed to the availability of affordable housing options throughout San Francisco, California. Their dedication to ensuring that individuals have access to suitable and affordable housing has positively influenced the lives of many residents in the city.
This information is meant to be a general summary of Bernal Heights Housing Corporation. 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.
- Investment Income: $1,492,481
- Program Service Revenue: $939,663
- Gross Receipts: $3,218,735
Assets and Liabilities:
- Total Assets: $44,355,908
- Total Liabilities: $11,709,448
- Net Assets: $32,646,460
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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
$386,202
MANAGEMENT SERVICES FEES
Revenue
$85,438
MISCELLANEOUS INCOME
Revenue
$26,394
RESIDENTIAL RENTAL INCOME
Revenue
$441,629
Organization Details
Founding Year
1991
Phone
(415) 206-2140Principal Officer
Gina Dacus
Main Address
515 Cortland Avenue, San Francisco, CA, 94110
NTEE Category
Code: L210 - Housing
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