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Brisbane Senior Housing Inc

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

EIN: 943323102 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Brisbane Senior Housing Inc?

Brisbane Senior Housing Inc is a nonprofit organization located in San Francisco, California. Its primary mission is to support Bridge Housing Corporation (Bridge), an organization that strengthens communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The vision of this partnership emphasizes creating opportunities for these groups, leading and innovating in the mission-driven housing business, and achieving high levels of customer satisfaction from all stakeholders. Brisbane Senior Housing Inc's role is essential in providing housing solutions for public officials, investors, and communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (59%)

Brisbane Senior Housing Inc has received a low rating of 59% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. Notably, the organization lacks independent board members, which raises questions about governance and oversight. However, it has demonstrated a strong commitment to transparency by maintaining policies for conflict of interest, whistleblower protection, and document retention.

The organization has a commendable program expense ratio of 94.89%, suggesting that a large portion of its spending is directed toward its programs rather than administrative costs. This positive aspect indicates that the charity is focused on fulfilling its mission, although the high liabilities to assets ratio of 562.92% may signal potential financial instability.

Despite its strengths in program expenditure and policy frameworks, the shortcomings in board independence and overall financial health are critical areas that potential donors should consider. The lack of a website listed on its tax form further detracts from its accountability, making it essential for the organization to address these issues to improve its rating and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Brisbane Senior Housing Inc legitimate?

Brisbane Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brisbane 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: $29,531

For more financial information, click here

What is the mission statement of Brisbane Senior Housing Inc?

Brisbane Senior Housing Inc supports Bridge Housing Corporation (Bridge), an organization that strengthens communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The mission of Brisbane Senior Housing Inc is to contribute to this endeavor, aiming to enhance community development and create opportunities for these groups, extending beyond just housing. 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. The organization is committed to earning the highest level of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Brisbane Senior Housing Inc is considered the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, consistently delivering results.

Who is the CEO of Brisbane Senior Housing Inc?

Delphine Sherman is the Evp Of Development (Outgoing) of Brisbane Senior Housing Inc. The CEO's salary of Brisbane Senior Housing Inc is $0 and their total compensation is $538,963.

What is the revenue of Brisbane Senior Housing Inc?

Brisbane Senior Housing Inc's revenue in 2022 was $145,541.

Who are the executives of Brisbane Senior Housing Inc and what are their salaries?


Here are 7 key members and their salaries (Brisbane Senior Housing Inc's CEO's salary is $0 and their total compensation is $538,963):


Kimberly Mckay (Evp Of Development (Outgoing))
  • Compensation: $0
  • Related: $486,042
  • Other: $98,469
Kenneth Lombard (President & Ceo)
  • Compensation: $0
  • Related: $503,363
  • Other: $35,600
Delphine Sherman (Evp & Cfo)
  • Compensation: $0
  • Related: $347,144
  • Other: $116,424
Rebecca Hlebasko (Svp General Counsel)
  • Compensation: $0
  • Related: $342,254
  • Other: $104,797
James Mather (Evp & Cio)
  • Compensation: $0
  • Related: $347,823
  • Other: $97,080
Susan Johnson (Evp (Outgoing))
  • Compensation: $0
  • Related: $245,086
  • Other: $21,219
Sierra Atilano (Evp Of Development)
  • Compensation: $0
  • Related: $76,056
  • Other: $3,970
Where can I find the form 990 for Brisbane Senior Housing Inc?

Brisbane Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brisbane Senior Housing Inc

Brisbane Senior Housing Inc supports Bridge Housing Corporation, an organization dedicated to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The mission of Brisbane Senior Housing Inc, in essence, is to contribute to this broader goal by acting as a supportive entity. Bridge Housing Corporation aims to create opportunities for these communities, extending beyond the provision of housing.

Brisbane Senior Housing Inc's role in this mission-driven business is significant. As a leader and innovator, it is responsible for the effective production, operation, and ownership of affordable and mixed-income housing. The organization strives to earn the highest degree of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Brisbane Senior Housing Inc is recognized as the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, delivering results in the process.

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Impact




October, 2024

Brisbane Senior Housing Inc plays a pivotal role in enhancing community well-being by focusing on the development and management of affordable housing for working families and seniors. By supporting the Bridge Housing Corporation, it contributes to the creation of high-quality homes that address the pressing need for affordable housing solutions. This impact goes beyond simply providing shelter; it fosters community strength and stability.

The organization acts as a leader in the affordable housing sector, committing to innovation and excellence in housing production and operations. Their approach prioritizes customer satisfaction, ensuring that the needs of residents, neighbors, and various stakeholders—including investors and public officials—are met effectively. This positions them as a valuable partner in the quest for diverse housing solutions, leading to enhanced quality of life for those they serve.

Moreover, by focusing on mixed-income housing and supporting low-income individuals, Brisbane Senior Housing Inc helps to bridge gaps in the housing market, creating opportunities and fostering inclusive communities. This strategic focus not only meets immediate housing needs but also supports broader social and economic goals, reinforcing the foundation for a resilient community overall.




This information is meant to be a general summary of Brisbane 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.

Revenue
$145,541 (2022)
Expenses
$311,412 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,164
  • Program Service Revenue: $144,377
  • Gross Receipts: $145,541

Assets and Liabilities:

  • Total Assets: $736,766
  • Total Liabilities: $4,147,529
  • Net Assets: -$3,410,763

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Programs

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

RENTAL INCOME

Revenue

$143,525

ANCILLARY SERVICES

Revenue

$852

Organization Details

Founding Year

1998

Principal Officer

Delphine Sherman

Main Address

600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

NTEE Category

Code: L21 - Housing

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