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South Berkeley Neighborhood Development Corporation

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

EIN: 943037196 ✦ Richmond, CA ✦ Designated as a 501(c)(3)

Overview

What is South Berkeley Neighborhood Development Corporation?

The South Berkeley Neighborhood Development Corporation is a nonprofit organization situated in Richmond, California, specifically at 1535 Fred Jackson Way Suite A, 94801. Their primary mission is to uplift the general welfare and stimulate economic development within the South Berkeley area, particularly for low-income individuals, families, and groups. They achieve this by controlling a project consisting of 35 rental units, with their operations and rent charges regulated by the U.S. Department of Housing and Urban Development (HUD). The corporation's activities are geared towards bettering the lives of those in the community, adhering to the principles of promoting social and economic well-being.


Is South Berkeley Neighborhood Development Corporation legitimate?

South Berkeley Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Berkeley Neighborhood Development Corporation 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: $114,093

For more financial information, click here


What is the mission statement of South Berkeley Neighborhood Development Corporation?
Who is the CEO of South Berkeley Neighborhood Development Corporation?
What is the revenue of South Berkeley Neighborhood Development Corporation?
Who are the executives of South Berkeley Neighborhood Development Corporation and what are their salaries?
Where can I find the form 990 for South Berkeley Neighborhood Development Corporation?

Mission Statement of South Berkeley Neighborhood Development Corporation

South Berkeley Neighborhood Development Corporation, as a non-profit organization, is committed to enhancing the overall well-being and economic growth of low-income individuals, families, and communities residing in the South Berkeley area. This dedication is at the core of its mission, aiming to contribute positively to the lives of those in need. The corporation's activities are centered around promoting economic development, with a focus on providing opportunities and support to the less fortunate members of society.

Impact

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




Sunday, July 21, 2024

The South Berkeley Neighborhood Development Corporation's impact can be seen in its dedication to promoting the general welfare and economic development of low-income individuals, families, and groups residing in the South Berkeley area. Through owning and operating an apartment complex consisting of 35 rental units in Berkeley, California, the organization provides much-needed affordable housing to those in need. Additionally, the Corporation's regulatory agreement with HUD ensures that rent charges and operating methods are in line with guidelines that benefit the community. Overall, the South Berkeley Neighborhood Development Corporation's efforts contribute to community improvement and enhance the quality of life for its residents.





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 2023.

  • Investment Income: $707
  • Program Service Revenue: $361,037
  • Gross Receipts: $1,060,891

    • Assets and Liabilities:
  • Total Assets: $2,301,728
  • Total Liabilities: $823,929
  • Net Assets: $1,477,799
  • Programs

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

    DEVELOPER FEE

    Revenue

    $28,533

    LAUNDRY & TENANT CHARGES

    Revenue

    $2,091

    OTHER INCOME

    Revenue

    $25

    TENANT RENTS

    Revenue

    $330,388

    Organization Details

    Founding Year

    1987

    Principal Officer

    Landon Williams

    Main Address

    1535 Fred Jackson Way Suite A, Richmond, CA, 94801

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of South Berkeley Neighborhood Development Corporation 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.