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Chestnut Creek Inc

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

EIN: 943360307 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Chestnut Creek Inc?

Chestnut Creek Inc is a nonprofit organization dedicated to furthering the exempt purposes of Bridge Housing Corporation (Bridge). Based in San Francisco, California, its primary mission is to provide low-income housing for senior citizens. The organization is committed to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. With a focus on customer satisfaction, Chestnut Creek Inc aims to deliver results and is recognized as a leader and innovator in the mission-driven business of affordable and mixed-income housing. The organization works closely with various stakeholders, including residents, investors, taxpayers, and public-sector partners, to ensure its projects meet the highest standards.


Is Chestnut Creek Inc legitimate?

Chestnut Creek Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chestnut Creek 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: $100,599

For more financial information, click here


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

Mission Statement of Chestnut Creek Inc

Chestnut Creek Inc, an organization that furthers the exempt purposes of Bridge Housing Corporation, aims to strengthen communities by providing low-income housing for working families and seniors. The mission of Chestnut Creek Inc is multifaceted, focusing on the development, ownership, and management of high-quality, affordable homes. This commitment to affordable housing is just the beginning of its vision, which also includes creating opportunities for these communities' members.

As a leader and innovator in the mission-driven business of effective production, operation, and ownership of affordable and mixed-income housing, Chestnut Creek Inc strives to earn the highest degree of customer satisfaction from all stakeholders. This includes residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. By delivering results and serving as the go-to developer and owner for public officials, investors, and communities seeking housing solutions, Chestnut Creek Inc plays a significant role in meeting the diverse housing needs of its communities.

Impact

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




Sunday, July 21, 2024

Chestnut Creek Inc's impact lies in addressing the critical need for affordable housing for working families and seniors in San Francisco. By owning and operating an affordable housing project for senior citizens, the organization contributes to strengthening communities and creating opportunities for individuals who may otherwise struggle to find suitable housing. Through its alignment with Bridge Housing Corporation's mission, Chestnut Creek Inc plays a vital role in providing high-quality, affordable homes and fostering a sense of stability and security for its residents. The organization's efforts directly support the vision of Bridge Housing Corporation to be a leader in the production, operation, and ownership of affordable housing, earning high levels of satisfaction from all stakeholders involved. In essence, Chestnut Creek Inc's impact resonates in the positive transformation of lives and communities by ensuring access to safe and affordable housing options.





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: $5,815
  • Program Service Revenue: $183,939
  • Gross Receipts: $1,093,320

    • Assets and Liabilities:
  • Total Assets: $7,263,035
  • Total Liabilities: $5,665,795
  • Net Assets: $1,597,240
  • Programs

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

    RENTAL INCOME

    Revenue

    $180,357

    ANCILLARY SERVICES

    Revenue

    $3,542

    OTHER REVENUE

    Revenue

    $40

    Organization Details

    Founding Year

    2000

    Principal Officer

    Delphine Sherman

    Main Address

    600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Chestnut Creek 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.