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Sequoia Affordable Housing Foundation

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

EIN: 832421888 ✦ Escondido, CA ✦ Designated as a 501(c)(3)

Overview

What is Sequoia Affordable Housing Foundation?

The Sequoia Affordable Housing Foundation is a nonprofit organization based in Escondido, California, specifically at 1817 Avida Del Diablo, CA 92029. Its primary mission is to provide affordable housing on a charitable basis, with a special focus on serving the elderly. The organization offers or arranges services and housing for individuals displaced by natural disasters in California, particularly prioritizing the elderly. Furthermore, Sequoia Affordable Housing Foundation develops and operates housing specifically designed for the elderly, ensuring senior residents have appropriate healthcare and financial security arrangements. The organization strives to promote the health and well-being of the elderly throughout the continuum of care, services, and housing, and is dedicated to engaging in any other charitable activity that aligns with its exempt purposes. With a workforce of 43 employees, the Sequoia Affordable Housing Foundation is committed to supporting the needs and interests of the elderly community.


Is Sequoia Affordable Housing Foundation legitimate?

Sequoia Affordable Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequoia Affordable Housing Foundation 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: $61,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $824,286

For more financial information, click here


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

Mission Statement of Sequoia Affordable Housing Foundation

Sequoia Affordable Housing Foundation is committed to serving a noble purpose. Its primary mission is threefold. Firstly, the organization strives to provide affordable housing on a charitable basis, offering a home to individuals in need. Secondly, Sequoia Affordable Housing Foundation extends its services to those displaced by natural disasters in California, with a special focus on the elderly. Lastly, the foundation endeavors to develop and operate housing specifically designed for the elderly, ensuring senior residents have access to necessary healthcare facilities and financial security. The organization's ultimate goal is to promote the interests and cater to the needs of the elderly, as long as these activities align with its charitable objectives. Furthermore, Sequoia Affordable Housing Foundation works tirelessly to enhance the health and well-being of the elderly throughout the continuum of care, services, and housing.

Impact

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




Saturday, July 20, 2024

Sequoia Affordable Housing Foundation has a significant impact on providing affordable housing for patients and the elderly in Escondido, California. Their mission revolves around offering residential care for individuals in need, with a particular focus on those displaced by natural disasters and the elderly population. The foundation develops and manages housing tailored for elderly residents, ensuring health care and financial security are prioritized. Through their charitable activities, they promote the overall well-being of the elderly by offering a continuum of care, services, and housing. Their dedication to serving the needs of the elderly and providing affordable housing makes a valuable contribution to 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 2022.

  • Investment Income: $0
  • Program Service Revenue: $1,898,560
  • Gross Receipts: $2,045,560

    • Assets and Liabilities:
  • Total Assets: $7,204,737
  • Total Liabilities: $8,275,345
  • Net Assets: -$1,070,608
  • Programs

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

    RESIDENTIAL INCOME

    Revenue

    $1,898,560

    Organization Details

    Founding Year

    2018

    Principal Officer

    Matthew Parks

    Main Address

    1817 AVENIDA DEL DIABLO, ESCONDIDO, CA, 92029

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Sequoia Affordable Housing Foundation 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.