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Sierra Gardens Housing Foundation

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

EIN: 330644843 ✦ San diego, CA ✦ Designated as a 501(c)(3)

Overview

What is Sierra Gardens Housing Foundation?

Sierra Gardens Housing Foundation is a California-based nonprofit organization, specifically a Public Benefit Corporation, dedicated to providing and managing affordable housing. Situated in San Diego, California, the foundation operates 190 rental units, catering to low-income and moderate-income families. Established with the mission of acquiring property in Riverside, California, the foundation operates an apartment complex to address the housing needs of its target demographic. The foundation employs a team of seven individuals to ensure the successful operation of its housing project.


Is Sierra Gardens Housing Foundation legitimate?

Sierra Gardens Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sierra Gardens Housing Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,861

For more financial information, click here


What is the mission statement of Sierra Gardens Housing Foundation?
Who is the CEO of Sierra Gardens Housing Foundation?
What is the revenue of Sierra Gardens Housing Foundation?
Who are the executives of Sierra Gardens Housing Foundation and what are their salaries?
Where can I find the form 990 for Sierra Gardens Housing Foundation?

Mission Statement of Sierra Gardens Housing Foundation

Sierra Gardens Housing Foundation, as a nonprofit public benefit corporation, was established with a mission to acquire an interest in real estate and manage an apartment complex. Specifically, the foundation aims to provide and operate 190 rental housing units for low-income and moderate-income families. This mission is centered around making housing accessible for families who may not have these opportunities otherwise, contributing to the overall well-being and stability of these families. By managing these units, Sierra Gardens Housing Foundation is actively working towards improving living conditions and providing a sense of security for these families.

Impact

This information is meant to be a general summary of Sierra Gardens Housing Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Sierra Gardens Housing Foundation's impact lies in providing and operating 190 rental housing units to low-income and moderate-income families in Riverside, California. Through this initiative, the foundation plays a crucial role in addressing housing insecurity and supporting vulnerable communities by offering affordable housing options. This serves to create a stable living environment for individuals and families who may otherwise struggle to find safe and affordable accommodation. Additionally, by focusing on housing provision, Sierra Gardens Housing Foundation contributes to the overall well-being and quality of life of residents, ultimately fostering a stronger and more resilient community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $172
  • Program Service Revenue: $2,269,067
  • Gross Receipts: $2,269,239

    • Assets and Liabilities:
  • Total Assets: $5,689,434
  • Total Liabilities: $813,059
  • Net Assets: $4,876,375
  • Programs

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

    LAUNDRY AND VENDING

    Revenue

    $7,611

    LOW INCOME HOUSING RENT

    Revenue

    $2,241,449

    MISCELLANEOUS REVENUE

    Revenue

    $10,576

    TENANT CHARGES

    Revenue

    $9,431

    Organization Details

    Founding Year

    1995

    Principal Officer

    Robert Mcelroy

    Main Address

    17150 VIA DEL CAMPO 307, SAN DIEGO, CA, 92127

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Sierra Gardens Housing Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.