Overview
What is Northside Senior Housing Inc?
Northside Senior Housing Inc. is a nonprofit organization situated in San Francisco, California. Its primary focus is to provide affordable housing for low-income individuals, specifically seniors, through its partnership with Northside Housing Associates, a Low-Income Housing Tax Credit partnership. To achieve this mission, Northside Senior Housing Inc. supports Bridge Housing Corporation (Bridge), an organization that develops, owns, and manages high-quality, affordable homes for working families and seniors. Bridge aims to strengthen communities and create opportunities for these groups beyond just housing, striving to deliver the highest degree of customer satisfaction from various stakeholders.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (59%)
Northside Senior Housing Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 59%, the organization shows weaknesses in governance, notably having no independent board members, which raises potential issues of oversight and transparency. While it has a good score for material diversion of assets, it struggles with a very high liabilities to assets ratio, which suggests financial instability.
On a positive note, Northside Senior Housing demonstrates good program expense management, with a program expense ratio of 99.75%, meaning the vast majority of its expenditures support its mission. Additionally, it has established important policies, including conflict of interest and whistleblower protections, indicating some commitment to ethical practices and governance. However, the absence of a listed website on its tax form affects transparency and accessibility for stakeholders.
Overall, while Northside Senior Housing Inc shows dedication to its programming, the lack of independent oversight and potential financial risks highlighted by its ratings present a mixed picture of its operational effectiveness. The organization may need to address these governance issues to increase trust and reliability among its supporters and beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Northside Senior Housing Inc legitimate?
Northside Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northside Senior Housing 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 Northside Senior Housing Inc?
Northside Senior Housing Inc supports Bridge Housing Corporation's mission to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization's vision is to go beyond housing, creating opportunities for these communities and earning high satisfaction from all stakeholders. Bridge is recognized as a leader and innovator in the mission-driven business of affordable and mixed-income housing, delivering results to public officials, investors, and communities. Northside Senior Housing Inc is regarded as the go-to developer and owner for a variety of housing solutions, providing a high degree of satisfaction to residents, neighbors, investors, taxpayers, and employees.
Who is the CEO of Northside Senior Housing Inc?
Delphine Sherman is the Evp Of Development (Outgoing) of Northside Senior Housing Inc. The CEO's salary of Northside Senior Housing Inc is $0 and their total compensation is $538,963.
What is the revenue of Northside Senior Housing Inc?
Northside Senior Housing Inc's revenue in 2022 was $86,254.
Who are the executives of Northside Senior Housing Inc and what are their salaries?
Here are 7 key members and their salaries (Northside Senior Housing Inc's CEO's salary is $0 and their total compensation is $538,963):
- Compensation: $0
- Related: $486,042
- Other: $98,469
- Compensation: $0
- Related: $503,363
- Other: $35,600
- Compensation: $0
- Related: $347,144
- Other: $116,424
- Compensation: $0
- Related: $342,254
- Other: $104,797
- Compensation: $0
- Related: $347,823
- Other: $97,080
- Compensation: $0
- Related: $245,086
- Other: $21,219
- Compensation: $0
- Related: $76,056
- Other: $3,970
Where can I find the form 990 for Northside Senior Housing Inc?
Northside Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northside Senior Housing Inc
Northside Senior Housing Inc, in its mission, supports Bridge Housing Corporation, an organization that strengthens communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The vision of Northside Senior Housing Inc, aligned with Bridge's, is to not only provide housing but also create opportunities for these communities. Bridge is recognized as a leader and innovator in the mission-driven business of effective production, operation, and ownership of affordable and mixed-income housing. They strive to earn the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Northside Senior Housing Inc, being a supporter of Bridge, shares this vision and mission, contributing to the provision of a wide range of housing solutions that cater to the needs of various communities.
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Impact
October, 2024
Northside Senior Housing Inc has a significant impact on the community by providing high-quality, affordable housing specifically designed for low-income seniors and working families. By supporting the efforts of Bridge Housing Corporation, it contributes to the development, ownership, and management of homes that create stability and opportunities for residents.
The organization plays a crucial role in strengthening communities, setting standards in the affordable housing sector, and addressing the pressing need for accessible living options. It fosters customer satisfaction among various stakeholders, including residents, neighbors, and public officials, ensuring that diverse housing needs are met effectively.
Through its initiatives, Northside Senior Housing Inc helps alleviate housing insecurity, enabling individuals and families to thrive in their communities. By delivering innovative housing solutions, it serves as a vital resource for those seeking affordable living arrangements in San Francisco, ultimately enhancing the overall quality of life for low-income seniors and families in the area.
This information is meant to be a general summary of Northside Senior 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: $84,434
- Gross Receipts: $86,254
Assets and Liabilities:
- Total Assets: $84,434
- Total Liabilities: $5,280,715
- Net Assets: -$5,196,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCENTIVE MANAGEMENT FEES
Revenue
$49,193
ASSET MANAGEMENT FEES
Revenue
$35,241
Organization Details
Founding Year
1998
Phone
(415) 989-1111Principal Officer
Delphine Sherman
Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L20 - Housing
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