Overview
What is Turk Street Inc?
Turk Street Inc is a nonprofit organization located in San Francisco, California, with a specific focus on providing affordable housing opportunities for low and extremely low-income individuals. As a general partner in various limited partnerships, it plays a crucial role in owning and operating these housing units. In 2022, their primary activity involved offering such housing solutions. Their mission is deeply rooted in supporting the Tenderloin Neighborhood Development Corporation in fulfilling its purpose. By doing so, Turk Street Inc contributes to the betterment of the community, addressing the critical need for affordable housing.
Is Turk Street Inc legitimate?
Turk Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turk 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 Turk Street Inc?
Turk Street Inc's mission is centered around providing housing opportunities for individuals with low and extremely low incomes. In line with this mission, the organization acts as a general partner in several limited partnerships, which collectively own and manage affordable housing units. Beyond just housing, Turk Street Inc also supports the Tenderloin Neighborhood Development Corporation in fulfilling its purpose. This mission statement reflects Turk Street Inc's commitment to improving living conditions and providing a supportive environment for those in need.
Who is the CEO of Turk Street Inc?
Maurilio Leon is the Ceo of Turk Street Inc. The CEO's salary of Turk Street Inc is $0 and their total compensation is $338,922.
What is the revenue of Turk Street Inc?
Turk Street Inc's revenue in 2022 was $1,749,383.
Who are the executives of Turk Street Inc and what are their salaries?
There 17 volunteers at Turk Street Inc.
Here are 22 key members and their salaries (Turk Street Inc's CEO's salary is $0 and their total compensation is $338,922):
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- Other: $195
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- Other: $35,895
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- Related: $264,774
- Other: $2,481
Where can I find the form 990 for Turk Street Inc?
Turk Street Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Turk Street Inc
Turk Street Inc, as a mission-driven organization, aims to provide housing opportunities for individuals with low and extremely low incomes. This nonprofit serves as a general partner in various limited partnerships, contributing to the ownership and operation of affordable housing units. By doing so, Turk Street Inc supports the broader goal of Tenderloin Neighborhood Development Corporation, helping to carry out its purpose. This mission aligns with the organization's commitment to making a positive impact in the lives of those who are financially disadvantaged, providing them with a secure and affordable place to call home.
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Impact
October, 2024
Turk Street Inc plays a crucial role in addressing the affordable housing crisis in San Francisco, particularly for low and extremely low-income individuals. In 2022, its primary focus was on creating and maintaining accessible housing options for vulnerable populations. By serving as a general partner in various limited partnerships, Turk Street Inc actively participates in the ownership and operation of low-income housing projects. This collaborative approach ensures that the needs of low-income residents are prioritized, facilitating their access to safe and stable housing.
Additionally, Turk Street Inc supports the Tenderloin Neighborhood Development Corporation, further amplifying its impact on community development in the Tenderloin area. Through these efforts, the organization not only provides essential housing solutions but also fosters neighborhood development, making strides towards a more equitable and inclusive community in San Francisco.
This information is meant to be a general summary of Turk 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 2022.
- Investment Income: $41,038
- Program Service Revenue: $1,066,133
- Gross Receipts: $1,749,383
Assets and Liabilities:
- Total Assets: $34,684,977
- Total Liabilities: $70,950,391
- Net Assets: -$36,265,414
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$607,417
MANAGEMENT FEES INCOME
Revenue
$458,716
Organization Details
Founding Year
1998
Phone
(415) 776-2151Principal Officer
Maurilio Leon
Main Address
201 EDDY STREET, SAN FRANCISCO, CA, 94102
NTEE Category
Code: L20Z - Housing
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