Eden South County Inc

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

EIN: 943148163 ✦ Hayward, CA ✦ Designated as a 501(c)(3)

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Overview

What is Eden South County Inc?

Eden South County Inc, a nonprofit organization based in Hayward, California, serves as the managing general partner of various partnerships that own and operate low-income housing projects. With a focus on affordable housing, the organization plays a crucial role in managing the partnerships to ensure the successful operation of these essential projects. By overseeing the day-to-day activities, Eden South County Inc contributes significantly to the provision of housing for those with limited financial resources.


Official website here: www.edenhousing.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Eden South County Inc has received a commendable Three-Star rating from Charity Navigator, with an overall score of 81%. This rating is solely derived from its Accountability & Finance score, indicating a strong focus on transparency and financial management. The organization has successfully maintained a high level of accountability, demonstrating effective governance practices by having a board that consists of 80% independent members.

The nonprofit excels in several areas, including having no material diversion of assets and providing comprehensive financial statements, which are both significant indicators of its integrity and reliability. The high program expense ratio of nearly 98% highlights that the majority of its funds are directed towards its programs and services, reflecting a commitment to its mission and beneficiaries.

However, while the rating is favorable, it is important for potential donors and stakeholders to consider the holistic impact of the organization beyond financial metrics. Ongoing engagement and feedback from program beneficiaries could provide a more rounded view of the organization's effectiveness and areas for improvement.


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

Is Eden South County Inc legitimate?

Eden South County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eden South County 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 Eden South County Inc?

Eden South County Inc serves as the managing general partner of multiple partnerships, with a mission to oversee the ownership and operation of low-income housing projects. Their primary objective is to ensure the successful management of these partnerships and the provision of affordable housing solutions for individuals in need. Through their role as managing general partner, Eden South County Inc aims to make a positive impact on the lives of those residing in low-income housing projects, ultimately contributing to thriving communities. Their commitment extends beyond management, as they work to maintain the quality and affordability of housing options for their residents. By taking on this crucial role, Eden South County Inc plays a vital part in addressing the housing needs of individuals and families with limited financial resources.


Official website here: www.edenhousing.org

Who is the CEO of Eden South County Inc?

Linda Mandolini is the President of Eden South County Inc.


Official website here: www.edenhousing.org

What is the revenue of Eden South County Inc?

Eden South County Inc's revenue in 2022 was $27,651,734.


Official website here: www.edenhousing.org

Who are the executives of Eden South County Inc and what are their salaries?

There 4 volunteers at Eden South County Inc.


Here are 7 key members and their salaries:


Douglas Kuerschner (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph M Postigo (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gaffney (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Green (Assistant Secretary/Director)
  • Compensation: $0
  • Related: $231,556
  • Other: $0
Linda Mandolini (President)
  • Compensation: $0
  • Related: $567,223
  • Other: $43,669
Tatiana Blank (Cfo)
  • Compensation: $0
  • Related: $417,329
  • Other: $18,625


Official website here: www.edenhousing.org

Where can I find the form 990 for Eden South County Inc?

Eden South County 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 Eden South County Inc

Eden South County Inc, as the managing general partner, plays a vital role in overseeing partnerships that own and manage low-income housing projects. The organization's primary objective is to ensure the effective operation and maintenance of these projects, providing essential living spaces for individuals and families in need.

Eden South County Inc's mission is multifaceted, encompassing both the financial and community aspects of low-income housing projects. By managing these partnerships, the organization facilitates the provision of affordable housing and fosters a supportive living environment. The organization's commitment extends beyond just managing the properties; it strives to maintain a high standard of living and promote a sense of community among residents.

Throughout its work, Eden South County Inc aims to create stable, inclusive communities where individuals and families can thrive. By serving as the managing general partner, the organization is able to make a significant impact on the lives of those in need, ultimately contributing to a more equitable society.

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Impact




October, 2024

Eden South County Inc plays a crucial role in addressing the need for affordable housing in Hayward, California, by managing partnerships that oversee the ownership and operation of low-income housing projects. Their efforts contribute significantly to enhancing community stability and improving the quality of life for residents who may otherwise struggle to find secure and affordable living arrangements. By focusing on the development and maintenance of these housing projects, they help alleviate housing insecurity, promote economic diversity, and create a supportive environment for families and individuals in need. Their mission directly impacts the community by fostering inclusivity and ensuring that housing remains accessible to those with limited financial resources.




This information is meant to be a general summary of Eden South County 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
$27,651,734 (2022)
Expenses
$35,615,541 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,131
  • Program Service Revenue: $8,965,146
  • Gross Receipts: $27,651,734

Assets and Liabilities:

  • Total Assets: $30,857,813
  • Total Liabilities: $30,830,482
  • Net Assets: $27,331

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Programs

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

LP FLOW-THROUGH INCOME

Revenue

$6,383,152

RENTAL INCOME

Revenue

$2,452,075

PARTNERSHIP MANAGEMENT FEES

Revenue

$129,919

Organization Details

Founding Year

1991

Principal Officer

Linda Mandolini

Main Address

22645 GRAND STREET, HAYWARD, CA, 94541

NTEE Category

Code: L21 - Housing

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