Overview
What is Strobridge Housing Inc?
Strobridge Housing Inc is a nonprofit organization that collaborates with Bridge Housing Corporation to build and maintain affordable living spaces for low-income families and senior citizens in San Francisco, California. Operating as a general partner in a partnership, Strobridge Housing manages an affordable housing project, providing residences and support for individuals in need. Their mission is to strengthen communities by enhancing the quality of life for these groups, ultimately contributing to the overall well-being of the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
Strobridge Housing Inc has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and finance management. The overall score is based solely on the Accountability & Finance beacon, reflecting the organization's commitment to financial transparency and responsible governance. The organization has performed well in several areas, including having no material diversion of assets and maintaining strong policies regarding conflicts of interest and whistleblower protection.
The financial health of Strobridge Housing is commendable, with a low liabilities-to-assets ratio of 3.22% and a high program expense ratio of 90.52%, suggesting that the majority of its resources are directed towards its mission-related activities. This demonstrates a strong emphasis on utilizing funds effectively to support its goals.
However, while the accountability measures are robust, the two-star rating suggests there may be areas for improvement in overall performance or in other key areas that could enhance the organization's rating. Continuous evaluation and improvement could help Strobridge Housing Inc enhance its impact and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is Strobridge Housing Inc legitimate?
Strobridge Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strobridge Housing Inc submitted a form 990EZ, 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.
What is the mission statement of Strobridge Housing Inc?
Strobridge Housing Inc. is dedicated to supporting Bridge Housing Corporation and enhancing communities by constructing, maintaining, and administering top-notch affordable housing units. This non-profit organization serves both working families and senior citizens by operating an affordable housing project for low-income individuals, demonstrating its commitment to providing sustainable living solutions. By partnering with Bridge Housing Corporation, Strobridge Housing Inc. contributes to the betterment of communities and addresses the housing needs of individuals with limited financial resources.
Who is the CEO of Strobridge Housing Inc?
Unavailable The CEO's salary of Strobridge Housing Inc is $0 and their total compensation is $0.
What is the revenue of Strobridge Housing Inc?
Strobridge Housing Inc's revenue in 2022 was $16,795.
Who are the executives of Strobridge Housing Inc and what are their salaries?
Here are 7 key members and their salaries (Strobridge Housing Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Strobridge Housing Inc?
Strobridge Housing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Strobridge Housing Inc
Strobridge Housing, as a dedicated organization, partners with Bridge Housing Corporation to enhance community well-being. Their primary mission lies in the development, ownership, and management of high-quality, affordable housing units. These homes cater to both working families and seniors, providing them with secure and comfortable living spaces. As a general partner in a partnership, Strobridge Housing manages an affordable housing project, offering a sanctuary for low-income individuals in San Francisco, California. Their mission is essentially about supporting vulnerable groups in the community, ensuring they have access to decent and affordable housing, thereby fostering a stronger and more inclusive society.
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Impact
August, 2024
Strobridge Housing Inc's impact can be seen in its efforts to strengthen communities by developing, owning, and managing high-quality affordable homes for working families and seniors. By operating an affordable housing project for low-income individuals in San Francisco, CA, Strobridge Housing is directly addressing the pressing need for accessible housing opportunities in an expensive urban environment. Through its initiatives, Strobridge Housing is helping to provide stable and secure housing options for individuals and families who might otherwise struggle with housing insecurity.
This information is meant to be a general summary of Strobridge 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $15,000
- Gross Receipts: $16,795
Assets and Liabilities:
- Total Assets: $460,597
- Total Liabilities: $15,000
- Net Assets: $445,597
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Organization Details
Phone
(415) 989-1111Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L80Z - Housing
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