Redwood Shores Senior Housing Inc

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

EIN: 943190749 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Redwood Shores Senior Housing Inc?

Redwood Shores Senior Housing Inc is a nonprofit organization dedicated to supporting senior citizens by owning and operating an affordable housing project. Aligned with Bridge Housing Corporation's (Bridge) mission, their purpose is to provide low-income housing for seniors, thereby enhancing community development. Their vision encompasses strengthening communities, creating opportunities for seniors, leading in the production of affordable housing, and achieving high customer satisfaction from various stakeholders. Redwood Shores Senior Housing Inc serves as a reliable developer and owner for communities seeking housing solutions, delivering results with a mission-driven approach.


Is Redwood Shores Senior Housing Inc legitimate?

Redwood Shores Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood Shores Senior Housing 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: $206,241

For more financial information, click here


What is the mission statement of Redwood Shores Senior Housing Inc?
Who is the CEO of Redwood Shores Senior Housing Inc?
What is the revenue of Redwood Shores Senior Housing Inc?
Who are the executives of Redwood Shores Senior Housing Inc and what are their salaries?
Where can I find the form 990 for Redwood Shores Senior Housing Inc?

Mission Statement of Redwood Shores Senior Housing Inc

Redwood Shores Senior Housing Inc, aligned with Bridge Housing Corporation's exempt purposes, strives to provide affordable housing for low-income families and senior citizens. The organization's mission is multifaceted, aiming to strengthen communities by developing, owning, and managing high-quality, affordable homes. By doing so, Redwood Shores Senior Housing Inc creates opportunities for working families and seniors, extending beyond housing.

The vision of Redwood Shores Senior Housing Inc is driven by its goal to be a leader and innovator in the mission-driven business of producing, operating, and owning affordable and mixed-income housing. This vision is reflected in its commitment to earning the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Furthermore, Redwood Shores Senior Housing Inc is recognized as the go-to developer and owner for public officials, investors, and communities seeking a diverse range of housing solutions, consistently delivering results.

Impact

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




Sunday, July 21, 2024

Redwood Shores Senior Housing Inc's impact lies in providing essential low-income housing for senior citizens. By owning and operating an affordable housing project for seniors, the organization contributes to the well-being and quality of life for this vulnerable population. Through this initiative, Redwood Shores Senior Housing Inc enables seniors to have a safe and comfortable place to call home, fostering a sense of community and stability within their lives. This not only supports the individuals directly benefiting from the housing but also strengthens the community as a whole by addressing the critical need for affordable housing options for seniors.





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: $7,537
  • Program Service Revenue: $456,468
  • Gross Receipts: $1,014,077

    • Assets and Liabilities:
  • Total Assets: $9,794,224
  • Total Liabilities: $219,937
  • Net Assets: $9,574,287
  • Programs

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

    NET RENTAL INCOME

    Revenue

    $441,053

    ANCILLARY SERVICES

    Revenue

    $14,585

    OTHER INCOME

    Revenue

    $830

    Organization Details

    Founding Year

    1994

    Principal Officer

    Delphine Sherman

    Main Address

    600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Redwood Shores Senior Housing 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.