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Ivy Hill Development Corporation

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

EIN: 943257432 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Ivy Hill Development Corporation?

Ivy Hill Development Corporation is a nonprofit organization situated in Oakland, California, specifically at 1825 SAN PABLO AVE NO 200. The primary mission of this organization is to provide affordable and safe housing options for low-income individuals, as they operate 21 apartment units for this purpose. Their commitment to this cause is evident through their dedication to making decent housing available to those who need it most.

Is Ivy Hill Development Corporation legitimate?

Ivy Hill Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ivy Hill Development 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: $52,224

For more financial information, click here

What is the mission statement of Ivy Hill Development Corporation?

Ivy Hill Development Corporation's mission is centered around providing low-income housing. The organization operates 21 apartment units, dedicating its efforts to offering decent, affordable, and safe living spaces for individuals with limited financial means. By doing so, Ivy Hill Development Corporation aims to contribute positively to the community, ensuring that everyone has access to a suitable living environment, regardless of their income level.

Who is the CEO of Ivy Hill Development Corporation?

Lina Sheth is the President of Ivy Hill Development Corporation. The CEO's salary of Ivy Hill Development Corporation is $0 and their total compensation is $260,998.

What is the revenue of Ivy Hill Development Corporation?

Ivy Hill Development Corporation's revenue in 2022 was $333,731.

Who are the executives of Ivy Hill Development Corporation and what are their salaries?


Here are 7 key members and their salaries (Ivy Hill Development Corporation's CEO's salary is $0 and their total compensation is $260,998):


Ted Dang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Peters (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Quach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klein Lieu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Korin Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre H Madeira (Chief Executive Officer)
  • Compensation: $0
  • Related: $257,314
  • Other: $3,684
Amy Chan (Chief Financial Officer)
  • Compensation: $0
  • Related: $53,747
  • Other: $6,575
Where can I find the form 990 for Ivy Hill Development Corporation?

Ivy Hill Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ivy Hill Development Corporation

Ivy Hill Development Corporation, as a nonprofit organization, is dedicated to providing low-income individuals with decent, affordable, and safe housing. They accomplish this mission by operating 21 apartment units, which serve as sanctuaries for those who may not otherwise have access to such accommodations. By offering affordable housing, Ivy Hill Development Corporation contributes to the well-being of its community by ensuring that its residents have a stable living environment, which is essential for their overall health and quality of life.

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Impact




October, 2024

Ivy Hill Development Corporation significantly impacts the community by providing 21 low-income housing units in Oakland, CA. By offering decent, affordable, and safe housing, the organization addresses the critical need for accessible living conditions for low-income individuals. This initiative not only enhances the quality of life for residents but also contributes to community stability and growth, ensuring that essential housing resources are available to those who need them the most. Through its commitment to affordable housing, Ivy Hill Development Corporation plays a vital role in promoting social equity and improving living standards within the area.




This information is meant to be a general summary of Ivy Hill Development 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.

Revenue
$333,731 (2022)
Expenses
$466,847 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $89
  • Program Service Revenue: $326,567
  • Gross Receipts: $333,731

Assets and Liabilities:

  • Total Assets: $2,440,513
  • Total Liabilities: $4,625,849
  • Net Assets: -$2,185,336

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Programs

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

RENT REVENUE

Revenue

$326,567

Organization Details

Founding Year

1997

Principal Officer

Lina Sheth

Main Address

1825 SAN PABLO AVE NO 200, OAKLAND, CA, 94612

NTEE Category

Code: L200 - Housing

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