Satellite Senior Homes - Newark Gardens Ii Inc

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

EIN: 943168802 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

Overview

What is Satellite Senior Homes - Newark Gardens Ii Inc?

Satellite Senior Homes - Newark Gardens II Inc is a nonprofit organization based in Berkeley, California, specifically at 1835 Alcatraz Avenue. Established with the mission to provide affordable rental housing, they cater to low and moderate-income elderly individuals. The organization owns and manages a housing project in Newark, California, comprising 50 units, regulated under Section 202 of the National Housing Act. Their operations are overseen by the U.S. Department of Housing and Urban Development (HUD), ensuring that rental charges, operating methods, and various other aspects adhere to specified regulations. The nonprofit's primary objective is to facilitate comfortable living for elderly individuals who fall under the specified income categories.


Official website here: www.sahahomes.org

Is Satellite Senior Homes - Newark Gardens Ii Inc legitimate?

Satellite Senior Homes - Newark Gardens Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Satellite Senior Homes - Newark Gardens Ii 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: $118,133

For more financial information, click here


Official website here: www.sahahomes.org

What is the mission statement of Satellite Senior Homes - Newark Gardens Ii Inc?

Satellite Senior Homes - Newark Gardens II Inc is committed to providing affordable rental housing for low and moderate-income elderly persons. The organization's primary objective is to cater to this specific demographic, ensuring they have access to suitable living accommodations. The corporation operates a total of 50 rental units for low-income seniors, following regulations set by the Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act, which oversees rent charges, operating methods, and various other aspects. The mission of Satellite Senior Homes - Newark Gardens II Inc is to make affordable housing an attainable reality for elderly individuals with limited income.


Official website here: www.sahahomes.org

Who is the CEO of Satellite Senior Homes - Newark Gardens Ii Inc?

Rauly Butler is the Chairman of Satellite Senior Homes - Newark Gardens Ii Inc. The CEO's salary of Satellite Senior Homes - Newark Gardens Ii Inc is $0 and their total compensation is $356,101.


Official website here: www.sahahomes.org

What is the revenue of Satellite Senior Homes - Newark Gardens Ii Inc?

Satellite Senior Homes - Newark Gardens Ii Inc's revenue in 2023 was $562,058.


Official website here: www.sahahomes.org

Who are the executives of Satellite Senior Homes - Newark Gardens Ii Inc and what are their salaries?

Here are 16 key members and their salaries (Satellite Senior Homes - Newark Gardens Ii Inc's CEO's salary is $0 and their total compensation is $356,101):

    Susan Friedland (Ceo)
  • Compensation: $0
  • Related: $324,750
  • Other: $31,351

    • Ron Ridley (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Smitha Seshadri (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francine Williams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Smith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Barron (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rauly Butler (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sage B Foster (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Greensfelder (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Jacob (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Jacobs (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy Moore (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Reilly (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Chin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacee Santos (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Sanchez (Vp Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sahahomes.org

    Where can I find the form 990 for Satellite Senior Homes - Newark Gardens Ii Inc?

    The Satellite Senior Homes - Newark Gardens Ii Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.sahahomes.org

    Learn more at the official website: www.sahahomes.org

    Mission Statement of Satellite Senior Homes - Newark Gardens Ii Inc

    Satellite Senior Homes - Newark Gardens II Inc is dedicated to providing affordable rental housing for low and moderate-income elderly persons. This nonprofit organization's mission is centered around creating a living environment that caters to the needs of senior citizens who may have limited financial resources. To achieve this, Satellite Senior Homes - Newark Gardens II Inc owns and operates several housing projects, totaling 50 rental units specifically designed for low-income seniors. The operation of these units is regulated by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. This regulation ensures that the rental charges, operating methods, and other relevant matters adhere to specific standards, thereby providing a supportive and secure living environment for the elderly residents. In essence, Satellite Senior Homes - Newark Gardens II Inc is committed to making quality housing accessible for elderly individuals with limited financial means, thereby helping them maintain their independence and dignity in their later years.

    Impact

    This information is meant to be a general summary of Satellite Senior Homes - Newark Gardens Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Satellite Senior Homes - Newark Gardens II Inc provides a vital service by offering affordable rental housing for low and moderate-income elderly persons in Newark, California. With a total of 50 rental units, this organization plays a significant role in addressing the housing needs of seniors in the community. By ensuring that these individuals have access to safe and affordable housing, Satellite Senior Homes - Newark Gardens II Inc contributes to improving the quality of life for low-income seniors and helps them to age with dignity and security.





    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: $29,222
  • Program Service Revenue: $191,322
  • Gross Receipts: $562,058

    • Assets and Liabilities:
  • Total Assets: $2,750,438
  • Total Liabilities: $61,093
  • Net Assets: $2,689,345
  • Programs

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

    MISCELLANEOUS INCOME

    Revenue

    $647

    RENTAL INCOME

    Revenue

    $190,675

    Organization Details

    Founding Year

    1993

    Principal Officer

    Rauly Butler

    Main Address

    1835 Alcatraz Avenue, Berkeley, CA, 94703

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Satellite Senior Homes - Newark Gardens Ii Inc 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.