Overview
What is William Penn Hotel Corp?
William Penn Hotel Corp is a nonprofit organization based in San Francisco, California. Its primary role is serving as the managing general partner for William Penn Hotel L.P., an entity that oversees an affordable housing project. The company's mission involves managing this project, ensuring it remains a low-income housing option for its residents. William Penn Hotel Corp plays a crucial role in providing affordable housing solutions within the San Francisco community.
Is William Penn Hotel Corp legitimate?
William Penn Hotel Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Penn Hotel Corp 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 William Penn Hotel Corp?
The mission of William Penn Hotel Corp, functioning as the managing general partner of William Penn Hotel L.P., is centered around overseeing an affordable housing project. Their primary objective is to manage a limited partnership responsible for owning and operating this low-income housing project. The corporation's purpose is to provide housing solutions for individuals with limited financial resources. Although the specifics of the services provided or the demographic targeted are not mentioned, it is clear that William Penn Hotel Corp's mission revolves around affordable housing management.
Who is the CEO of William Penn Hotel Corp?
Cindy Louie is the President of William Penn Hotel Corp.
What is the revenue of William Penn Hotel Corp?
William Penn Hotel Corp's revenue in 2022 was $0.
Who are the executives of William Penn Hotel Corp and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for William Penn Hotel Corp?
William Penn Hotel Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of William Penn Hotel Corp
William Penn Hotel Corp, serving as the managing general partner of William Penn Hotel L.P., is dedicated to its mission of managing a low-income housing project through a limited partnership. This mission-driven organization is committed to providing affordable housing solutions for its community, acting as a steward of the project and ensuring its smooth operation. By serving in this capacity, William Penn Hotel Corp contributes to the provision of affordable housing options, thereby addressing the needs of those who may not have access to such resources otherwise.
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Impact
October, 2024
William Penn Hotel Corporation has a significant impact on the community by providing affordable housing options in San Francisco. As the managing general partner of William Penn Hotel L.P., it plays a crucial role in operating a low-income housing project that addresses the urgent need for accessible living spaces in a city known for its high cost of living. By effectively managing this housing initiative, the corporation supports vulnerable populations, fostering stability and allowing residents to thrive in a challenging economic environment. Its mission not only contributes to alleviating housing insecurity but also strengthens the fabric of the community by ensuring that low-income individuals and families have a safe and stable place to call home.
This information is meant to be a general summary of William Penn Hotel Corp. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $7,350,740
- Net Assets: -$7,350,740
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Organization Details
Phone
(415) 984-1450Principal Officer
Cindy Louie
Main Address
615 GRANT AVENUE, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L20 - Housing
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