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Sycamore Place Ii Senior Housing Corporation

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

EIN: 460497244 ✦ Walnut creek, CA ✦ Designated as a 501(c)(3)

Overview

What is Sycamore Place Ii Senior Housing Corporation?

Sycamore Place II Senior Housing Corporation is a nonprofit organization situated in Walnut Creek, California. Their primary mission is to offer affordable housing options for senior citizens, achieving this goal through the ownership and management of the Sycamore Place II Apartments, a 40-unit complex situated in Brentwood, California. By providing affordable rental housing, the corporation contributes to the well-being and comfort of senior citizens in the community, ensuring they can maintain a decent quality of life.


Is Sycamore Place Ii Senior Housing Corporation legitimate?

Sycamore Place Ii Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sycamore Place Ii Senior Housing Corporation 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: $0

For more financial information, click here


What is the mission statement of Sycamore Place Ii Senior Housing Corporation?
Who is the CEO of Sycamore Place Ii Senior Housing Corporation?
What is the revenue of Sycamore Place Ii Senior Housing Corporation?
Who are the executives of Sycamore Place Ii Senior Housing Corporation and what are their salaries?
Where can I find the form 990 for Sycamore Place Ii Senior Housing Corporation?

Mission Statement of Sycamore Place Ii Senior Housing Corporation

Sycamore Place II Senior Housing Corporation is committed to providing affordable rental housing for senior citizens. This nonprofit organization achieves this mission by owning and managing the Sycamore Place II Apartments, a 40-unit complex located in Brentwood, California. The corporation's primary goal is to ensure that senior citizens have access to affordable housing, providing them with a secure and comfortable living environment. By offering affordable rental options, Sycamore Place II Senior Housing Corporation aims to alleviate the financial burden that many seniors face, enabling them to focus on other aspects of their lives. The organization's dedication to affordable rental housing for senior citizens is a vital contribution to the well-being of this demographic, providing them with a sense of stability and independence.

Impact

This information is meant to be a general summary of Sycamore Place Ii Senior Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Sycamore Place II Senior Housing Corporation's impact includes providing essential affordable rental housing for senior citizens in Brentwood, California. By owning and operating the Sycamore Place II Apartments, a 40-unit rental housing complex, this organization ensures that seniors have access to a safe and comfortable living environment. Through their mission to provide affordable housing for seniors, Sycamore Place II Senior Housing Corporation contributes to the well-being and quality of life of senior citizens in the 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 2023.

  • Investment Income: $449
  • Program Service Revenue: $723,111
  • Gross Receipts: $723,560

    • Assets and Liabilities:
  • Total Assets: $3,721,840
  • Total Liabilities: $7,235,867
  • Net Assets: -$3,514,027
  • Programs

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

    Forgiveness of Debt

    Revenue

    $297,000

    Low-Income tenant rent

    Revenue

    $178,114

    Misc. tenant fees

    Revenue

    $1,382

    Miscellaneous Revenue

    Revenue

    $27,521

    Tenant Assistance

    Revenue

    $218,000

    Organization Details

    Founding Year

    2002

    Principal Officer

    Gerald Lang

    Main Address

    1855 Olympic Blvd 300, Walnut Creek, CA, 94546

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Sycamore Place Ii Senior Housing Corporation 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.