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Cecilia Place Homes Inc

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

EIN: 680362733 ✦ San rafael, CA ✦ Designated as a 501(c)(3)

Overview

What is Cecilia Place Homes Inc?

Cecilia Place Homes Inc is a nonprofit organization based in San Rafael, California, with an address at 22 Pelican Way, CA 94901. The primary mission of this organization is to contribute to the charitable objectives of EAH Inc., a California-based nonprofit public benefit corporation. Cecilia Place Homes Inc achieves this goal by serving as the general partner for five limited partnerships that offer low-income housing in various locations across California, including Tiburon, Larkspur, Morgan Hill, San Jose, and Menlo Park. The organization is also a 75% owner of a C corporation acting as a general partner for a limited partnership that provides low-income housing in San Jose. Through these partnerships, Cecilia Place Homes Inc aims to contribute to the housing needs of low-income individuals in California.


Is Cecilia Place Homes Inc legitimate?

Cecilia Place Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cecilia Place Homes 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: $0

For more financial information, click here


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

Mission Statement of Cecilia Place Homes Inc

Cecilia Place Homes Inc, as a charitable organization, is committed to carrying out the charitable purposes of EAH Inc., a California nonprofit public benefit corporation. The mission of Cecilia Place Homes Inc is to perform charitable functions by providing low-income housing units through five limited partnerships in various locations such as Tiburon, Larkspur, Morgan Hill, San Jose, and Menlo Park, with a total of 221 units. Additionally, the corporation serves as a 75% owner of a C corporation that manages a limited partnership providing 185 units of low-income housing in San Jose. By offering affordable housing options, Cecilia Place Homes Inc contributes to the well-being of individuals and families in need, thereby fulfilling its charitable mission.

Impact

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




Wednesday, July 24, 2024

Cecilia Place Homes Inc's impact lies in providing low-income housing in various California communities, including Tiburon, Larkspur, Morgan Hill, San Jose, and Menlo Park. By serving as a general partner for multiple limited partnerships, as well as owning a percentage of a C corporation that oversees additional housing units, Cecilia Place Homes Inc significantly contributes to addressing the housing needs of vulnerable populations. Through these efforts, the organization plays a crucial role in promoting affordable housing and improving the quality of life for individuals and families in need.





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: $98
  • Program Service Revenue: $484,974
  • Gross Receipts: $483,884

    • Assets and Liabilities:
  • Total Assets: $2,670,780
  • Total Liabilities: $1,320,411
  • Net Assets: $1,350,369
  • Programs

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

    ALLOCABLE SHARE PS RENTS

    Revenue

    $248,375

    INCENTIVE MGMT FEES

    Revenue

    $165,677

    PARTNERSHIP MGMT FEES

    Revenue

    $70,922

    Organization Details

    Founding Year

    1995

    Principal Officer

    Cathy Macy

    Main Address

    22 Pelican Way, San Rafael, CA, 94901

    NTEE Category

    Code: B90 - Education

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