Overview
What is Mcallister Street Inc?
Mcallister Street Inc, headquartered in San Francisco, California, serves as a general partner for McAllister Street Associates LP, an entity that manages and operates affordable housing units for low-income individuals. Their mission is twofold: providing housing for those with limited financial means and supporting the Tenderloin Neighborhood Development Corporation in fulfilling its objectives. In 2022, a significant portion of their activities focused on offering affordable housing options for low and extremely low-income senior residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Mcallister Street Inc has received a Three-Star rating from Charity Navigator, reflecting a solid overall score primarily based on its Accountability & Finance metrics. The organization demonstrates a strong commitment to financial accountability, with an impressive program expense ratio of 99.29%, indicating that nearly all of its funds are allocated towards its programs rather than administrative costs.
The organization boasts a fully independent board of directors, scoring 10 out of 10 in both board independence and size, which enhances governance and oversight. Additionally, it has established critical policies, including those for conflict of interest and whistleblower protections, contributing to its transparency and ethical standards.
However, it is important to note that the organization has a high liabilities to assets ratio of 232.90%, which may raise concerns about its financial leverage and potential sustainability. Overall, while Mcallister Street Inc shows strength in governance and program spending, its high liabilities could be a factor for potential donors to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Mcallister Street Inc legitimate?
Mcallister Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcallister Street 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
What is the mission statement of Mcallister Street Inc?
Mcallister Street Inc's mission is centered around providing housing opportunities for individuals with low and extremely low incomes, particularly for senior residents. It also supports the Tenderloin Neighborhood Development Corporation in carrying out its purpose. In 2022, a significant part of its activities involved offering affordable housing solutions. The organization serves as a general partner of McAllister Street Associates LP, a partnership that manages and operates low-income housing for the benefit of its residents.
Who is the CEO of Mcallister Street Inc?
Maurilio Leon is the CEO of Mcallister Street Inc The CEO's salary of Mcallister Street Inc is $0 and their total compensation is $348,876.
What is the revenue of Mcallister Street Inc?
Mcallister Street Inc's revenue in 2023 was $65,887.
Who are the executives of Mcallister Street Inc and what are their salaries?
There 15 volunteers at Mcallister Street Inc.
Here are 19 key members and their salaries (Mcallister Street Inc's CEO's salary is $0 and their total compensation is $348,876):
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- Related: $328,528
- Other: $20,348
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- Related: $179,443
- Other: $20,338
- Compensation: $0
- Related: $243,772
- Other: $19,568
- Compensation: $0
- Related: $217,346
- Other: $27,648
Where can I find the form 990 for Mcallister Street Inc?
Mcallister Street Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mcallister Street Inc
Mcallister Street Inc, a nonprofit organization, is dedicated to providing housing opportunities for individuals with low and extremely low income, particularly seniors. Beyond this, the organization supports Tenderloin Neighborhood Development Corporation in carrying out its purpose. In 2022, one of Mcallister Street Inc's key activities involved operating low income housing through McAllister Street Associates LP, a partnership they are a part of. This partnership aims to benefit low income individuals by owning and managing these housing units.
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Impact
October, 2024
Mcallister Street Inc significantly impacts the San Francisco community by providing affordable housing options for low and extremely low-income senior individuals. Its efforts contribute to alleviating housing insecurity in the Tenderloin neighborhood, an area that often faces socio-economic challenges. By serving as a general partner of Mcallister Street Associates LP, the organization actively participates in the ownership and operation of low-income housing, ensuring that vulnerable populations have access to safe and stable living environments. This commitment not only helps individuals and families secure housing but also supports the broader mission of enhancing community development and resilience in the region. Through its work, Mcallister Street Inc plays a vital role in fostering a more inclusive and equitable urban landscape.
This information is meant to be a general summary of Mcallister Street 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 2023.
- Investment Income: $63,862
- Gross Receipts: $65,887
Assets and Liabilities:
- Total Assets: $976,138
- Total Liabilities: $2,273,449
- Net Assets: -$1,297,311
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Organization Details
Founding Year
1994
Principal Officer
Roxanne Huey
NTEE Category
Code: L20Z - Housing
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