Drakes Way Eah Inc
- Assets
- $377.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 08/2011
- Data as of
- 12/2020
- EIN
- 27-1359232
Organization Overview
Drakes Way Eah Inc is located in San Rafael, CA. The organization was established in 2011. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drakes Way Eah Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Drakes Way Eah Inc generated $166.5k in total revenue. All expenses for the organization totaled $253.9k during the year ending 12/2020. While expenses have increased by 289.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SERVES AS THE GENERAL PARTNER FOR A LIMITED PARTNERSHIP WHICH PROVIDES 24 UNITS OF LOW-INCOME HOUSING IN LARKSPUR, CA.
THE CORPORATION SERVES AS THE GENERAL PARTNER FOR A LIMITED PARTNERSHIP WHICH PROVIDES 24 UNITS OF LOW-INCOME HOUSING IN LARKSPUR, CA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Hall Secretary | 0.1 | $0 | |
Cathy Macy Vp/treasurer | 0.1 | $0 | |
Mary Murtagh President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $510 |
| Total Program Service Revenue | $165,774 |
| Membership dues | $0 |
| Investment income | $258 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $253,904 |
| Total expenses | $253,904 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $377,305 |
| Total liabilities | $0 |
| Net assets or fund balances | $377,305 |
Peer Organizations
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|---|---|---|
Episcopal Communities & Services For Seniors Monrovia, CA | $210,406,101 | $54,393,007 |
Area Housing Authority Of County Of Ventura Newbury Park, CA | $51,199,286 | $45,374,355 |
Eah Inc San Rafael, CA | $269,353,281 | $53,747,905 |
Tenderloin Neighborhood Development Corporation San Francisco, CA | $105,200,928 | $42,280,090 |
Eden Housing Inc Hayward, CA | $420,059,670 | $90,990,309 |
Midpen Housing Corporation Foster City, CA | $279,122,902 | $50,937,724 |
Cesar Chavez Foundation Keene, CA | $206,528,631 | $52,041,546 |
Pico-Union Housing Corporation Los Angeles, CA | $136,637,775 | $17,120,613 |
Northwest Housing Alternatives Inc Milwaukie, OR | $66,415,282 | $18,428,543 |
Burbank Housing Development Corporation Santa Rosa, CA | $103,460,619 | $16,261,747 |
Coachella Valley Housing Coalition Indio, CA | $146,778,624 | $17,127,596 |
Community Corporation Of Santa Monica Santa Monica, CA | $197,338,615 | $17,598,823 |