Overview
What is Columbia Park Manor?
Columbia Park Manor is a nonprofit organization established in 1998, located in Pittsburg, California. Its primary mission is to provide affordable housing for low-income elderly individuals. The organization operates an apartment complex consisting of 79 units, supervised and regulated by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Affordable Housing Act. This regulation ensures the complex maintains reasonable rent charges, operating methods, and other related matters. The organization's dedication to affordable housing contributes positively to the community, providing a secure living environment for the elderly population.
Official website here: www.sahahomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Columbia Park Manor has received a Three-Star rating from Charity Navigator, with an overall score of 84%. This score is based solely on their Accountability & Finance beacon, reflecting strong governance and financial health. The organization demonstrates a commitment to transparency and oversight, with 100% of board members being independent and a well-structured audit committee in place.
The nonprofit shows strong financial management, evidenced by a program expense ratio of 87.54%, indicating that the majority of its expenses are directed towards its programs rather than administrative costs. Additionally, they maintain a solid liabilities to assets ratio of 16.94%, showcasing fiscal responsibility. However, some policies, such as a conflict of interest policy and a whistleblower policy, were noted as missing, which could affect overall governance standards.
While Columbia Park Manor exhibits a high level of accountability, the absence of certain policies suggests areas where they could improve their operational governance. Nonetheless, the organization appears to be on a solid financial footing, effectively utilizing resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Columbia Park Manor legitimate?
Columbia Park Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Park Manor 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: $272,676
For more financial information, click here
Official website here: www.sahahomes.org
What is the mission statement of Columbia Park Manor?
Columbia Park Manor's mission is centered around providing affordable housing for low-income elderly individuals. Established to address this need, the organization operates an apartment complex, housing 79 units, in a yet unspecified location. Regulated under Section 202 of the National Affordable Housing Act, Columbia Park Manor ensures the affordability of rent for its residents, while maintaining appropriate operating methods. The corporation's mission aims to contribute positively to the lives of its elderly residents by providing them with a suitable living environment.
Official website here: www.sahahomes.org
Who is the CEO of Columbia Park Manor?
Mike Jacob is the Member of Columbia Park Manor.
Official website here: www.sahahomes.org
What is the revenue of Columbia Park Manor?
Columbia Park Manor's revenue in 2022 was $1,013,873.
Official website here: www.sahahomes.org
Who are the executives of Columbia Park Manor and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.sahahomes.org
Where can I find the form 990 for Columbia Park Manor?
Columbia Park Manor'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 Columbia Park Manor
Columbia Park Manor, as a nonprofit organization, is dedicated to providing affordable housing options for low-income elderly individuals. Established with the intent to cater to this specific demographic, the corporation operates an apartment complex that houses 79 units. Since its inception in 1998, it has been regulated by the HUD under Section 202 of the National Affordable Housing Act, ensuring reasonable rent charges, operating methods, and other relevant matters. By offering affordable housing, Columbia Park Manor plays a significant role in ensuring that elderly individuals maintain a decent living standard, thereby contributing to their overall well-being.
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Impact
July, 2024
Columbia Park Manor's impact lies in its provision of affordable housing to low-income elderly persons in Pittsburg, California. Since its establishment in 1998, this apartment complex with 79 rental units has been a vital resource for seniors in need of accessible and safe housing. By offering regulated rent charges and operating under HUD guidelines, Columbia Park Manor contributes to addressing the housing needs of a vulnerable population in the community. This support enables low-income elderly individuals to live with dignity and security, promoting their overall well-being and quality of life.
This information is meant to be a general summary of Columbia Park Manor. 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: $892
- Program Service Revenue: $276,006
- Gross Receipts: $1,013,873
Assets and Liabilities:
- Total Assets: $3,952,704
- Total Liabilities: $591,453
- Net Assets: $3,361,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY INCOME
Revenue
$2,114
OTHER INCOME
Revenue
$1,132
TENANT CHARGES
Revenue
$13,305
TENANT RENTS
Revenue
$259,455
Organization Details
Founding Year
1994
Phone
(510) 647-0700Principal Officer
Mike Jacob
Main Address
1835 Alcatraz Avenue, Berkeley, CA, 94703
Website
www.sahahomes.orgNTEE Category
Code: L200 - Housing
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