Overview
What is Savo Island Cooperative Homes Inc Dba Savo Island?
Savo Island Cooperative Homes Inc, doing business as Savo Island, is a nonprofit organization situated in Berkeley, California. Their primary objective is to offer cooperative housing opportunities for families with low and moderate incomes. The U.S. Department of Housing and Urban Development oversees their operations and rental charges, ensuring they adhere to specific standards. The 57-unit apartment complex they manage is a vital resource in the community, providing affordable housing options for numerous households.
Is Savo Island Cooperative Homes Inc Dba Savo Island legitimate?
Savo Island Cooperative Homes Inc Dba Savo Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Savo Island Cooperative Homes Inc Dba Savo Island 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: $153,430
For more financial information, click here
What is the mission statement of Savo Island Cooperative Homes Inc Dba Savo Island?
Savo Island Cooperative Homes Inc, operating under the name Savo Island, has a mission to provide cooperative housing for households with low and moderate income levels. This mission is carried out through the operation of a 57-unit cooperative apartment complex, situated in an unspecified location. The corporation, overseen by the U.S. Department of Housing and Urban Development, sets its rent charges and operating methods in accordance with these regulations, ensuring affordable housing solutions for its designated clientele.
Who is the CEO of Savo Island Cooperative Homes Inc Dba Savo Island?
Stacy Bell is the President of Savo Island Cooperative Homes Inc Dba Savo Island.
What is the revenue of Savo Island Cooperative Homes Inc Dba Savo Island?
Savo Island Cooperative Homes Inc Dba Savo Island's revenue in 2022 was $4,183,960.
Who are the executives of Savo Island Cooperative Homes Inc Dba Savo Island and what are their salaries?
- Mel Martynn (President) [Trustee/Director]
- Ethleen Coaxum (Treasurer) [Trustee/Director]
- Mary Elieisar (Vice President) [Trustee/Director]
- Jane Stillwater (Director)
- Joel Rubenzahl (Director)
- Sasha Henneman (Director)
- Stacy Bell (Director)
- Evelyn Cotton (Director)
- Keith Yokem Thru 622 (Director)
- Horea Said (Director)
Where can I find the form 990 for Savo Island Cooperative Homes Inc Dba Savo Island?
The Savo Island Cooperative Homes Inc Dba Savo Island’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Savo Island Cooperative Homes Inc Dba Savo Island
Savo Island Cooperative Homes Inc, commonly known as Savo Island, is dedicated to providing cooperative housing solutions for families and households with moderate to low income levels. Their mission, in essence, is to create an environment where individuals from these income brackets can secure affordable living spaces. This nonprofit organization operates a 57-unit cooperative apartment complex, ensuring that the needs of its residents are met in accordance with regulations set by the U.S. Department of Housing and Urban Development, which oversees rent charges and operational methods. By providing these housing solutions, Savo Island Cooperative Homes Inc contributes to the betterment of its community, enabling individuals and families to focus on other aspects of their lives while having a stable and affordable living situation.
Impact
This information is meant to be a general summary of Savo Island Cooperative Homes Inc Dba Savo Island. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Savo Island Cooperative Homes Inc Dba Savo Island's impact lies in its provision of cooperative housing for low and moderate-income households in Berkeley, CA. By operating a 57-unit cooperative apartment complex, Savo Island offers affordable housing options in a city where housing costs can be prohibitive for many individuals and families. Through its mission to provide cooperative housing, Savo Island contributes to addressing the housing needs of the community and helps ensure that low and moderate-income households have access to stable and affordable housing options.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$522,656
Organization Details
Founding Year
1978
Phone
(510) 841-4595
Principal Officer
Stacy Bell
Main Address
2017 STUART STREET, BERKELEY, CA, 947032237
NTEE Category
Code: L21 - Housing
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