nonprofit logo

Golden Oak Manor Inc

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

EIN: 680362018 ✦ San rafael, CA ✦ Designated as a 501(c)(3)

Overview

What is Golden Oak Manor Inc?

Golden Oak Manor Inc is a nonprofit organization based in San Rafael, California, with a single employee. Its primary mission is to carry out the charitable functions and purposes of EAH Inc., a related California public benefit corporation. This involves providing affordable housing for low-income elderly individuals. Golden Oak Manor Inc serves as a general partner or limited partner for a partnership that offers 83 units of low-income housing in San Jose, California. Additionally, the organization owns five limited liability companies and one C corporation, which serve as the general partners in five limited partnerships providing 306 units of low-income housing in various cities across California, such as Turlock, Modesto, Oakland, and Oakley.


Is Golden Oak Manor Inc legitimate?

Golden Oak Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Oak Manor 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,577

For more financial information, click here


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

Mission Statement of Golden Oak Manor Inc

Golden Oak Manor Inc, as a charitable organization, is dedicated to carrying out the charitable purposes and functions of EAH Inc., a related California public benefit corporation. In essence, its mission is to contribute to this charitable endeavor and make a positive impact in society.

Golden Oak Manor Inc achieves this mission by serving as a general partner or limited partner for a partnership that provides low-income housing for elderly individuals with limited income. This housing is specifically designed for the elderly, offering them a safe and secure living environment. The corporation's reach extends beyond San Jose, as it also owns five limited liability companies and one C corporation, acting as the general partner for five limited partnerships. These collaborations provide an additional 306 units of low-income housing in various locations, such as Turlock, Modesto, Oakland, and Oakley, in California. By providing this essential housing, Golden Oak Manor Inc contributes to the well-being and security of vulnerable elderly individuals, allowing them to live with dignity and independence.

Impact

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




Saturday, July 20, 2024

Golden Oak Manor Inc's impact lies in providing essential housing services to low-income elderly individuals in California. By serving as a general partner and/or limited partner for partnerships that offer a total of 83 units in San Jose, as well as owning entities that manage 306 units across different cities in the state, this organization directly contributes to addressing the critical need for affordable housing. Through its work, Golden Oak Manor Inc plays a vital role in supporting the well-being and stability of vulnerable elderly populations, ensuring they have a safe and comfortable place to call home.





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: $150
  • Program Service Revenue: $2,213,476
  • Gross Receipts: $2,387,857

    • Assets and Liabilities:
  • Total Assets: $6,504,250
  • Total Liabilities: $6,086,010
  • Net Assets: $418,240
  • Programs

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

    ALLOCABLE SHARE PS RENTS

    Revenue

    $1,964,020

    ASSET MGMT FEES

    Revenue

    $33,631

    INCENTIVE MGMT FEES

    Revenue

    $98,220

    PARTNERSHIP MGMT FEES

    Revenue

    $117,605

    Organization Details

    Founding Year

    1995

    Principal Officer

    Welton Jordan

    Main Address

    22 Pelican Way, San Rafael, CA, 94901

    NTEE Category

    Code: B90 - Education

    If you are a representative of Golden Oak Manor Inc 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.