Overview
What is Church Street Housing Inc?
Church Street Housing Inc is a nonprofit organization located in San Francisco, California. Its primary mission is to support Bridge Housing Corporation (Bridge), a company that develops, owns, and manages high-quality, affordable housing projects for working families and seniors. The vision of Church Street Housing Inc is to strengthen communities and create opportunities for these demographics, extending beyond housing. Bridge is recognized for its effectiveness in producing, operating, and owning affordable and mixed-income housing, earning satisfaction from all stakeholders. Church Street Housing Inc serves as a trusted developer and owner for public officials, investors, and communities seeking housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (59%)
Church Street Housing Inc has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 59%. This rating indicates significant areas for improvement, particularly in its accountability and financial management practices. The absence of independent board members raises concerns about governance, as having diverse perspectives can enhance decision-making and oversight.
Despite its weaknesses, Church Street Housing Inc shows a strong commitment to its programmatic expenses, with an impressive program expense ratio of 99.64%. This suggests that nearly all financial resources are directed toward fulfilling its mission. Furthermore, the organization has established important policies, such as conflict of interest and whistleblower protections, which enhance its operational integrity.
However, the organization lacks a publicly accessible website, which is a critical transparency tool for stakeholders. Additionally, its liabilities to assets ratio stands at a concerning 168.91%, indicating that the organization may be operating with a high level of debt relative to its assets. These factors highlight the need for Church Street Housing Inc to improve its governance and financial health to build trust and sustainability within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Church Street Housing Inc legitimate?
Church Street Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Church Street 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 Church Street Housing Inc?
Church Street Housing Inc supports Bridge Housing Corporation (Bridge) in its mission. Bridge strengthens communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization's vision extends beyond housing, aiming to create opportunities for these groups and improve community cohesion. Bridge is recognized as a leader and innovator in the mission-driven business of affordable and mixed-income housing, ensuring customer satisfaction from various stakeholders. As a go-to developer and owner for public officials, investors, and communities, Bridge delivers a range of housing solutions successfully.
Who is the CEO of Church Street Housing Inc?
Delphine Sherman is the Evp Of Development (Outgoing) of Church Street Housing Inc. The CEO's salary of Church Street Housing Inc is $0 and their total compensation is $538,963.
What is the revenue of Church Street Housing Inc?
Church Street Housing Inc's revenue in 2022 was $194,536.
Who are the executives of Church Street Housing Inc and what are their salaries?
Here are 7 key members and their salaries (Church Street 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 Church Street Housing Inc?
Church Street Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Church Street Housing Inc
Church Street Housing Inc, in its mission, supports Bridge Housing Corporation (Bridge). Bridge, under Church Street Housing's umbrella, aims to fortify communities by constructing, managing, and owning high-quality, affordable homes for working families and seniors. The organization's vision extends beyond housing, as it strives to strengthen communities and create opportunities for these groups. Bridge is recognized as a leader and innovator in the mission-driven business of producing, operating, and owning affordable and mixed-income housing.
Bridge earns the highest level of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. It is the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, delivering results consistently. By supporting Bridge, Church Street Housing Inc plays a significant role in addressing the housing needs of working families and seniors, contributing to the betterment of communities.
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Impact
October, 2024
Church Street Housing Inc plays a vital role in strengthening communities by supporting the development and management of high-quality, affordable homes for working families and seniors. By partnering with Bridge Housing Corporation, it helps to create housing solutions that are both innovative and effective, ensuring that low-income individuals and families have access to stable living conditions.
The organization is deeply committed to fostering opportunities for its residents beyond just housing, recognizing that a home is a critical foundation for well-being and success. This approach enhances customer satisfaction across various stakeholders, including residents, neighbors, and investors, building strong community relationships and trust.
In San Francisco, Church Street Housing Inc has established itself as a key player in the affordable housing sector. It collaborates with public officials and community members to deliver diverse housing solutions, addressing the growing need for affordable and mixed-income housing. This collaborative effort not only meets immediate housing demands but also contributes to the overall economic and social health of the neighborhoods it serves.
This information is meant to be a general summary of Church Street 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.
- Investment Income: $153,235
- Program Service Revenue: $39,476
- Gross Receipts: $194,536
Assets and Liabilities:
- Total Assets: $6,450,939
- Total Liabilities: $10,896,290
- Net Assets: -$4,445,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSET MANAGEMENT FEES
Revenue
$25,000
INCENTIVE MANAGEMENT FEES
Revenue
$14,476
Organization Details
Founding Year
2000
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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