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Edith Street Apartments Inc

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

EIN: 943325633 ✦ Santa rosa, CA ✦ Designated as a 501(c)(3)

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Overview

What is Edith Street Apartments Inc?

Edith Street Apartments Inc is a nonprofit organization situated in Santa Rosa, California, with an address at 625 Acacia Lane. Their primary focus is on providing affordable housing for low-income seniors and individuals with disabilities. This mission is carried out through the management of a 23-unit apartment complex, which falls under Section 202 of the National Affordable Housing Act. The organization is regulated by the U.S. Department of Housing and Urban Development (HUD), ensuring that rent charges and operational methods adhere to their guidelines.

Is Edith Street Apartments Inc legitimate?

Edith Street Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edith Street Apartments 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: $66,892

For more financial information, click here

What is the mission statement of Edith Street Apartments Inc?

Edith Street Apartments Inc's mission is centered around providing affordable housing for senior citizens and individuals with disabilities. The organization operates a 23-unit apartment complex, adhering to Section 202 of the National Affordable Housing Act. Their primary goal is to offer housing options to those who fall under the low-income bracket, ensuring that their living arrangements are regulated by the U.S. Department of Housing and Urban Development (HUD), with regards to rent charges and operational methods. Their mission is geared towards providing a dignified living space for these vulnerable groups, ensuring they can maintain their independence and quality of life.

Who is the CEO of Edith Street Apartments Inc?

Sean Pryden is the Exec Dir/A. Sec of Edith Street Apartments Inc.

What is the revenue of Edith Street Apartments Inc?

Edith Street Apartments Inc's revenue in 2022 was $235,532.

Who are the executives of Edith Street Apartments Inc and what are their salaries?


Here are 13 key members and their salaries:


Mary Stompe (Exec Dir/A. Sec)
  • Compensation: $0
  • Related: $218,918
  • Other: $7,754
Sean Pryden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George F Spragens (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Pryden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Savage (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sid Lipton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Cooper (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Tinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Coffey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mayne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edith Street Apartments Inc?

Edith Street Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Edith Street Apartments Inc

Edith Street Apartments Inc, as a nonprofit organization, is dedicated to providing low-income housing for seniors and individuals with disabilities. This mission is carried out through the ownership and operation of a 23-unit apartment complex, located in Petaluma, California. Regulated by the U.S. Department of Housing and Urban Development (HUD), the property's rent charges and operating methods are strictly regulated, ensuring that the housing remains affordable for its intended residents. The organization's mission is essential in providing a secure and comfortable living environment for those who may otherwise struggle to secure such housing, thereby contributing to their overall well-being and quality of life.

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Impact




October, 2024

Edith Street Apartments Inc significantly enhances the lives of low-income seniors and disabled individuals by providing them with stable, affordable housing options through a well-managed 23-unit apartment complex in Petaluma, California. By focusing on this vulnerable demographic, the organization alleviates the financial burden of housing, which can be a major challenge for those on fixed incomes or living with disabilities.

The apartments are constructed under Section 202 of the National Affordable Housing Act, ensuring that rent charges and operating methods are regulated by the U.S. Department of Housing and Urban Development (HUD). This oversight guarantees that the apartments remain affordable and maintain a high standard of living for residents.

Through its commitment to affordable housing, Edith Street Apartments Inc plays a crucial role in promoting community well-being, improving quality of life, and fostering a sense of belonging for seniors and disabled persons in the community. Their efforts help prevent homelessness and social isolation, contributing positively to the overall health and stability of the community.




This information is meant to be a general summary of Edith Street Apartments 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
$235,532 (2022)
Expenses
$356,571 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Program Service Revenue: $99,635
  • Gross Receipts: $235,532

Assets and Liabilities:

  • Total Assets: $1,687,513
  • Total Liabilities: $3,668,754
  • Net Assets: -$1,981,241

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Programs

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

OTHER INCOME

Revenue

$444

TENANT RENTS

Revenue

$99,191

Organization Details

Founding Year

1999

Principal Officer

Sean Pryden

Main Address

625 Acacia Lane, Santa Rosa, CA, 95409

NTEE Category

Code: L21 - Housing

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