nonprofit logo

The Sequoia Plaza Mobile Home Park Corp

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

EIN: 330719908 ✦ Santa ana, CA ✦ Designated as a 501(c)(3)

Overview

What is The Sequoia Plaza Mobile Home Park Corp?

The Sequoia Plaza Mobile Home Park Corp is a nonprofit organization situated in San Bernardino, California, specifically at 2505 West Foothill Boulevard. It operates as a mobile home park, offering 240 spaces for residency. The park primarily caters to families, with most spaces being doublewide and some being singlewide. Many of the homes feature awnings, concrete or asphalt driveways, and covered carports. Spanning approximately 29.71 acres, Sequoia Plaza was constructed in 1971. The organization generates revenue by charging rent and utility fees, which helps cover costs and contribute to increasing San Bernardino's supply of affordable housing for low and moderate-income families. Established with the purpose of assisting the former Redevelopment Agency of the City of San Bernardino in promoting economic development, the corporation took ownership and management of Sequoia Plaza Mobile Home Park to enhance the availability of affordable housing within the city.


Is The Sequoia Plaza Mobile Home Park Corp legitimate?

The Sequoia Plaza Mobile Home Park Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sequoia Plaza Mobile Home Park Corp 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: $34,038

For more financial information, click here


What is the mission statement of The Sequoia Plaza Mobile Home Park Corp?
Who is the CEO of The Sequoia Plaza Mobile Home Park Corp?
What is the revenue of The Sequoia Plaza Mobile Home Park Corp?
Who are the executives of The Sequoia Plaza Mobile Home Park Corp and what are their salaries?
Where can I find the form 990 for The Sequoia Plaza Mobile Home Park Corp?

Mission Statement of The Sequoia Plaza Mobile Home Park Corp

The Sequoia Plaza Mobile Home Park Corp was established with the mission to alleviate governmental burdens by offering assistance to the former redevelopment agency of the City of San Bernardino in its redevelopment initiatives. This corporation plays a crucial role in promoting economic development within the city by taking on the ownership and operation of Sequoia Plaza Mobile Home Park. Its primary objective is to increase the availability of low and moderate income housing within the city, thereby contributing to the city's housing supply for families with limited financial means. By charging for space rent and utilities, The Sequoia Plaza Mobile Home Park Corp is able to offset costs, ensuring the continuity of its mission to support affordable housing options.

Impact

This information is meant to be a general summary of The Sequoia Plaza Mobile Home Park Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Sequoia Plaza Mobile Home Park Corp has a significant impact on the City of San Bernardino by providing affordable housing options for low and moderate-income families. By charging for space rent and utilities, the organization is able to offset costs and increase the city's supply of housing for those in need. This helps alleviate the burden on the government and promotes economic development within the city. The mobile home park provides a range of rental options, making it accessible to a diverse population. Overall, The Sequoia Plaza Mobile Home Park Corp plays a crucial role in community improvement by ensuring housing affordability in San Bernardino.





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: $197
  • Program Service Revenue: $2,117,688
  • Gross Receipts: $2,117,885

    • Assets and Liabilities:
  • Total Assets: $9,927,659
  • Total Liabilities: $13,957,980
  • Net Assets: -$4,030,321
  • Programs

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

    RENTALS

    Revenue

    $2,117,688

    Organization Details

    Founding Year

    1996

    Principal Officer

    Dennis Kazarian

    Main Address

    P O BOX 11927, SANTA ANA, CA, 92711

    NTEE Category

    Code: S22 - Community improvement

    If you are a representative of The Sequoia Plaza Mobile Home Park Corp 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.