Overview
What is Ambassador Sro Inc?
Ambassador Sro Inc is a nonprofit organization, established to support the Tenderloin Neighborhood Development Corporation, a public benefit corporation. Its primary mission is to provide affordable housing opportunities for low and extremely low-income individuals, serving as the general partner for Ambassador SRO, LP. In 2022, Ambassador Sro Inc's key activities involved offering housing solutions for low-income senior persons, contributing to the broader goal of the Tenderloin Neighborhood Development Corporation. The organization is situated at 201 Eddy Street, San Francisco, CA 94102.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
Ambassador Sro Inc has received a 79% rating from Charity Navigator, reflecting a solid level of accountability and financial management. The charity's score is derived entirely from its Accountability & Finance metrics, which indicates a strong emphasis on maintaining transparency and sound financial practices. The organization boasts a perfect score in several areas, including having a majority independent board and no material diversion of assets.
The organization demonstrates an effective governance structure with 17 independent board members, ensuring diverse oversight without conflicts of interest. Additionally, it has robust policies in place for whistleblower protection and document retention, contributing to its high rating. Moreover, with a program expense ratio of 99.86%, it shows a strong commitment to allocating funds towards its charitable mission.
While the overall score is commendable, the reliance on a single beacon score suggests that there may be limited information about other operational aspects. However, the strengths highlighted in accountability and financial transparency indicate a responsible approach to nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Ambassador Sro Inc legitimate?
Ambassador Sro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ambassador Sro 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 Ambassador Sro Inc?
Ambassador SRO Inc's mission is centered around providing housing opportunities for individuals with low and extremely low income, particularly senior residents. The organization supports the Tenderloin Neighborhood Development Corporation in carrying out its purpose. In 2022, one of their key activities involved offering affordable housing for this demographic. Ambassador SRO Inc operates as the general partner of Ambassador SRO, LP, which is responsible for providing such housing.
Who is the CEO of Ambassador Sro Inc?
Maurilio Leon is the Ceo of Ambassador Sro Inc. The CEO's salary of Ambassador Sro Inc is $0 and their total compensation is $338,922.
What is the revenue of Ambassador Sro Inc?
Ambassador Sro Inc's revenue in 2022 was $82.
Who are the executives of Ambassador Sro Inc and what are their salaries?
There 17 volunteers at Ambassador Sro Inc.
Here are 22 key members and their salaries (Ambassador Sro Inc's CEO's salary is $0 and their total compensation is $338,922):
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- Related: $59,270
- Other: $195
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- Other: $9,238
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- Other: $2,481
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- Related: $99,445
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- Related: $205,742
- Other: $35,895
Where can I find the form 990 for Ambassador Sro Inc?
Ambassador Sro Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ambassador Sro Inc
Ambassador SRO Inc, as a nonprofit organization, is dedicated to providing housing opportunities for individuals with low and extremely low income, particularly for senior citizens. This mission is not solely its own, but it also supports the Tenderloin Neighborhood Development Corporation in carrying out its purpose. Ambassador SRO Inc serves as the general partner of Ambassador SRO, LP, which is responsible for providing this affordable housing. The organization's role is instrumental in ensuring that affordable housing is available for those in need.
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Impact
October, 2024
Ambassador SRO Inc plays a crucial role in addressing the housing needs of low and extremely low-income individuals, particularly seniors, in San Francisco. By focusing on providing affordable housing opportunities, the organization significantly contributes to community stability and well-being. Its partnership with the Tenderloin Neighborhood Development Corporation enhances its capacity to develop and operate housing that meets the urgent needs of vulnerable populations.
Through its key activities in 2022, Ambassador SRO Inc has not only created living spaces but has also fostered a sense of community, allowing residents to thrive in a supportive environment. This impact extends beyond mere shelter; it involves improving the quality of life for those who often face economic hardships and social isolation. By prioritizing affordable housing, Ambassador SRO Inc helps to combat homelessness and provides a foundation for residents to build a better future.
This information is meant to be a general summary of Ambassador Sro 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: $7
- Gross Receipts: $82
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $123,969
- Net Assets: -$123,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAIN FROM PARTNERSHIP
Revenue
$7
Organization Details
Founding Year
2001
Phone
(415) 776-2151Principal Officer
Maurilio Leon
Main Address
201 EDDY STREET, SAN FRANCISCO, CA, 94102
NTEE Category
Code: L20 - Housing
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