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Samchai

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

EIN: 450650160 ✦ Belmont, CA ✦ Designated as a 501(c)(3)

Overview

What is Samchai?

Samchai is a nonprofit organization situated in Belmont, California, specifically at 264 Harbor Blvd Bldg A, 94002. Their primary mission is to address the housing needs of low and moderate-income individuals and families, as they operate 180 housing units to cater to this group. The organization's mission is to provide housing solutions for those who struggle to find adequate housing options. Their work has a significant impact on the community, providing essential housing solutions where they are needed most.


Is Samchai legitimate?

Samchai is a legitimate nonprofit organization registered as a 501(c)(3) entity. Samchai 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: $255,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $705,830

For more financial information, click here


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

Mission Statement of Samchai

Samchai, as an organization, is committed to providing housing solutions for individuals and families with low to moderate incomes. Recognizing the lack of adequate housing options for such groups, Samchai steps in to bridge this gap. Their mission is to offer a secure living space for these individuals, ensuring they have a place to call home. Currently, Samchai operates 180 units, providing housing to individuals and families in need.

Impact

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




Saturday, July 20, 2024

Samchai's impact can be seen in its provision of housing for low and moderate-income individuals and families in Belmont, CA. The organization operates 180 units, offering a place to live for those in need where no adequate housing exists for such groups. This support helps address the pressing issue of housing insecurity and contributes to the well-being and stability of the community members it serves.





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: $115,976
  • Program Service Revenue: $4,342,922
  • Gross Receipts: $4,458,898

    • Assets and Liabilities:
  • Total Assets: $25,043,120
  • Total Liabilities: $950,367
  • Net Assets: $24,092,753
  • Programs

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

    Other Income

    Revenue

    $204,740

    Tenant Rental Income

    Revenue

    $4,138,182

    Organization Details

    Founding Year

    2011

    Principal Officer

    Barbara Leff

    Main Address

    264 HARBOR BLVD BLDG A, BELMONT, CA, 94002

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Samchai 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.