Satellite Communities Inc
- Assets
- $296.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 05/2012
- Data as of
- 09/2022
- EIN
- 27-3492839
Organization Overview
Satellite Communities Inc is located in Berkeley, CA. The organization was established in 2012. 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. Satellite Communities 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 09/2022, Satellite Communities Inc generated $5.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.1k during the year ending 09/2022. While expenses have increased by 2.6% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SERVES AS THE 58% MANAGING MEMBER OF JACK CAPON VILLA,LLC WHO SERVES AS THE 0.0051% GENERAL PARTNER OF A LIMITED PARTNERSHIP THAT PROVIDES 19 UNITS OF LOW-INCOME HOUSING IN ALAMEDA, CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Ridley Member | 0.1 | $0 | |
Rauly Butler Chairman | 0.1 | $0 | |
Scott Smith Treasurer | 0.1 | $0 | |
Francine Williams Secretary | 0.1 | $0 | |
Anthony Barron Member | 0.1 | $0 | |
Sage B Foster Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,046 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,046 |
| 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 | $5,049 |
| Total expenses | $5,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $296,702 |
| Total liabilities | $4,766 |
| Net assets or fund balances | $291,936 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Satellite Communities Inc has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Satellite Affordable Housing Associates Berkeley, CA PURPOSE: GNRL SUPPORT: LOW INC HSG | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kaweah Management Company Visalia, CA | $89,940,808 | $9,935,142 |
Many Mansions A California Non Profit Corporation Thousand Oaks, CA | $49,275,263 | $6,482,508 |
Habitat For Humanity International Inc Bend, OR | $14,216,100 | $11,437,404 |
Central Valley Low Income Housing Corporation Stockton, CA | $1,196,462 | $6,920,915 |
Hopelink Of Southern Nevada Henderson, NV | $2,897,801 | $7,179,714 |
New Economics For Women Los Angeles, CA | $39,265,644 | $7,599,995 |
Innovative Housing Inc Portland, OR | $72,167,425 | $8,053,529 |
Charities Housing Development Corp Of Santa Clara County San Jose, CA | $123,331,448 | $9,533,186 |
Hawaii Assisted Housing Inc Honolulu, HI | $9,716,019 | $6,363,305 |
Nikkei Senior Gardens Arleta, CA | $17,603,501 | $5,624,678 |
Riverside Community Housing Corporation Riverside, CA | $11,750,399 | $5,118,956 |
Housing Development Partners Of San Diego San Diego, CA | $64,899,022 | $5,565,742 |