Overview
What is Taylor Family Housing Inc?
Taylor Family Housing Inc, based in San Francisco, California, is a nonprofit organization dedicated to providing affordable housing opportunities for low-income and formerly homeless individuals. They achieve this by leasing land acquired with a loan from the City and County of San Francisco to a Low Income Housing Tax Credit Limited Partnership. This partnership then owns and operates housing for low-income residents. Additionally, Taylor Family Housing Inc acts as a limited partner in several affordable housing partnerships that also provide homes for low-income individuals. Their mission aligns with the Tenderloin Neighborhood Development Corporation's purpose, supporting their efforts in community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Taylor Family Housing Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored exceptionally well in all assessments related to governance, such as having a fully independent board and no material diversion of assets. Their financial health is reflected in a low liabilities to assets ratio of 11.66% and a high program expense ratio of 99.92%, suggesting that nearly all funds are directed toward their programs.
The organization demonstrates a commitment to transparency and ethical practices, with policies for conflict of interest, whistleblower protections, and document retention all listed and fully compliant. These factors contribute to their high accountability rating, underscoring the nonprofit's dedication to responsible management.
Despite the strong overall performance, there is no specific mention of programmatic impact in the data provided, which could provide additional context on how effectively the organization meets its mission and serves its community. Nonetheless, the financial stability and governance practices of Taylor Family Housing Inc position it as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Taylor Family Housing Inc legitimate?
Taylor Family Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylor Family 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 Taylor Family Housing Inc?
Taylor Family Housing Inc's mission is centered around providing affordable housing opportunities for individuals with low and extremely low incomes, including many who were formerly homeless. Their goal extends beyond just housing, as they also support the mission of the Tenderloin Neighborhood Development Corporation. The organization leverages a loan from the City and County of San Francisco to lease land, which is then used by a Low Income Housing Tax Credit Limited Partnership to develop and manage housing for these income groups. Additionally, Taylor Family Housing Inc acts as a limited partner in several affordable housing partnerships, which also provide housing for low-income individuals.
Who is the CEO of Taylor Family Housing Inc?
Maurilio Leon is the CEO of Taylor Family Housing Inc The CEO's salary of Taylor Family Housing Inc is $0 and their total compensation is $348,876.
What is the revenue of Taylor Family Housing Inc?
Taylor Family Housing Inc's revenue in 2023 was $132,784.
Who are the executives of Taylor Family Housing Inc and what are their salaries?
There 15 volunteers at Taylor Family Housing Inc.
Here are 19 key members and their salaries (Taylor Family Housing Inc's CEO's salary is $0 and their total compensation is $348,876):
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- Other: $27,648
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- Related: $179,443
- Other: $20,338
Where can I find the form 990 for Taylor Family Housing Inc?
Taylor Family Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Taylor Family Housing Inc
Taylor Family Housing Inc is dedicated to providing affordable housing opportunities for low and extremely low-income individuals, many of whom have previously experienced homelessness. This nonprofit organization's mission aligns with that of the Tenderloin Neighborhood Development Corporation, aiming to support their purpose. Taylor Family Housing Inc achieves this by leasing land, obtained with a loan from the City and County of San Francisco, to a Low Income Housing Tax Credit Limited Partnership. This partnership, in turn, owns and operates housing for individuals with low incomes. Furthermore, Taylor Family Housing Inc also functions as a limited partner in several affordable housing partnerships, which similarly own and manage housing for low-income individuals. In essence, Taylor Family Housing Inc plays a significant role in ensuring affordable housing is accessible to those who need it most.
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Impact
October, 2024
Taylor Family Housing Inc significantly impacts the community by providing affordable housing opportunities for low and extremely low-income individuals, including many who have experienced homelessness. By leasing land acquired through municipal loans, the organization enables a Low-Income Housing Tax Credit Limited Partnership to operate housing specifically for low-income residents. Additionally, Taylor Family Housing Inc plays an essential role as a limited partner in various affordable housing partnerships, further increasing the availability of suitable living options in San Francisco. Their efforts not only address immediate housing needs but also contribute to the overall development and stability of the Tenderloin neighborhood, fostering a more inclusive and supportive community.
This information is meant to be a general summary of Taylor Family 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 2023.
- Program Service Revenue: $130,209
- Gross Receipts: $132,784
Assets and Liabilities:
- Total Assets: $24,831,606
- Total Liabilities: $2,896,438
- Net Assets: $21,935,168
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUND LEASE REVENUE
Revenue
$130,209
Organization Details
Founding Year
2001
Principal Officer
Roxanne Huey
NTEE Category
Code: L21 - Housing
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