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South Bay Improvement Association

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

EIN: 770210296 ✦ San luis obispo, CA ✦ Designated as a 501(c)(3)

Overview

What is South Bay Improvement Association?

South Bay Improvement Association is a nonprofit organization situated in San Luis Obispo, California. Their primary focus is to offer affordable housing and essential social services to low-income households, specifically targeting seniors and individuals with disabilities. They manage two housing complexes, Sea Breeze Apartments and South Bay Apartments, offering a total of 104 rental units to cater to this community's needs. The organization's mission revolves around providing affordable housing, aiming to enhance the quality of life for its residents.


Is South Bay Improvement Association legitimate?

South Bay Improvement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bay Improvement Association 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 South Bay Improvement Association?
Who is the CEO of South Bay Improvement Association?
What is the revenue of South Bay Improvement Association?
Who are the executives of South Bay Improvement Association and what are their salaries?
Where can I find the form 990 for South Bay Improvement Association?

Mission Statement of South Bay Improvement Association

South Bay Improvement Association, a nonprofit organization, is committed to providing affordable rental housing for those in need. Specifically, it serves 104 low-income seniors and disabled individuals across two housing complexes: Sea Breeze Apartments and South Bay Apartments. Beyond offering affordable housing, this organization extends its services to include social assistance for the residents, ensuring they receive the necessary support to live comfortably.

Impact

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




Saturday, July 20, 2024

The South Bay Improvement Association's impact lies in providing affordable rental housing for low-income seniors and disabled persons in San Luis Obispo, California. Through their initiatives at Sea Breeze Apartments and South Bay Apartments, they offer a total of 104 rental housing units to those in need. This organization plays a crucial role in ensuring that vulnerable populations have access to safe and affordable housing, thereby improving their quality of life and overall well-being.





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: $266
  • Program Service Revenue: $1,089,706
  • Gross Receipts: $1,089,972

    • Assets and Liabilities:
  • Total Assets: $5,647,394
  • Total Liabilities: $5,448,370
  • Net Assets: $199,024
  • Programs

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

    Other Tenant fees

    Revenue

    $7,798

    Tenant Assistance

    Revenue

    $521,937

    Tenant Rent

    Revenue

    $559,971

    Organization Details

    Founding Year

    1988

    Principal Officer

    Kenneth Trigueiro

    Main Address

    1060 Kendall Road, San Luis Obispo, CA, 93401

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of South Bay Improvement Association 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.