St Bernardine Plaza Corporation

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

EIN: 953222250 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

Overview

What is St Bernardine Plaza Corporation?

St. Bernardine Plaza Corporation is a nonprofit organization situated in Pasadena, California. It primarily focuses on providing housing opportunities for the elderly and handicapped individuals who meet the income and age eligibility criteria. The organization operates around 150 apartments, generating revenue from tenants' rental payments and a subsidy obtained from the HUD, based on each resident's ability to pay. Other sources of revenue include interest on cash reserves, laundry, and vending services. Their mission aligns with federally assisted housing for low-income and handicapped individuals, ensuring they can provide a comfortable living environment for those in need.


Is St Bernardine Plaza Corporation legitimate?

St Bernardine Plaza Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Bernardine Plaza 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: $220,204

For more financial information, click here


What is the mission statement of St Bernardine Plaza Corporation?
Who is the CEO of St Bernardine Plaza Corporation?
What is the revenue of St Bernardine Plaza Corporation?
Who are the executives of St Bernardine Plaza Corporation and what are their salaries?
Where can I find the form 990 for St Bernardine Plaza Corporation?

Mission Statement of St Bernardine Plaza Corporation

St. Bernardine Plaza Corporation is dedicated to providing federally assisted housing for individuals who fall under the categories of low income and those with disabilities. This nonprofit organization serves approximately 150 eligible residents, primarily the elderly and handicapped, by offering them suitable housing accommodations. The revenue for this corporation is primarily sourced from rental income paid by the tenants, supplemented by a subsidy obtained from the HUD, which is based on each tenant's individual ability to pay. Additionally, St. Bernardine Plaza Corporation generates other revenues from sources such as interest earned on cash reserves, laundry services, and vending machines.

Impact

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




Sunday, July 21, 2024

St. Bernardine Plaza Corporation provides a crucial service by offering federally assisted housing for low-income and handicapped individuals in Pasadena, California. With approximately 150 apartments available for elderly and handicapped individuals who meet income and age requirements, this organization plays a significant role in addressing housing insecurity in the community. The revenue generated from rental income, subsidies from HUD, interest on cash reserves, and additional services supports the sustainability of this housing initiative, ensuring that those in need have access to safe and affordable housing options. By focusing on the housing needs of vulnerable populations, St. Bernardine Plaza Corporation positively impacts the lives of individuals who may otherwise struggle to find suitable 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: $0
  • Program Service Revenue: $675,347
  • Gross Receipts: $2,273,281

    • Assets and Liabilities:
  • Total Assets: $7,687,757
  • Total Liabilities: $6,816,340
  • Net Assets: $871,417
  • Programs

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

    RENTAL INCOME

    Revenue

    $666,449

    LAUNDRY FEES

    Revenue

    $8,898

    Organization Details

    Founding Year

    1979

    Principal Officer

    Esther Chapparo

    Main Address

    PO BOX 7070, PASADENA, CA, 91109

    NTEE Category

    Code: L21 - Housing

    If you are a representative of St Bernardine Plaza 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.