Salvation Army Eureka Residences Inc is located in Long Beach, CA. The organization was established in 2016. 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. As of 09/2016, Salvation Army Eureka Residences Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salvation Army Eureka Residences Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE SALVATION ARMY EUREKA RESIDENCES INC IS A NON-PROFIT APARTMENT COMPLEX THAT PROVIDES SUBSIDIZED HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SALVATION ARMY EUREKA RESIDENCES INC IS A NON-PROFIT APARTMENT COMPLEX THAT PROVIDED SUBSIDIZED HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED PERSONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Jeffrey Chairman | Trustee | 0 | $0 |
James Knaggs President | OfficerTrustee | 0 | $0 |
Douglas Riley VP | OfficerTrustee | 0 | $0 |
Victor Doughty Treasurer | OfficerTrustee | 1 | $0 |
Stephen Smith Director | Trustee | 0 | $0 |
Lee Lescano Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,171,071 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,171,071 |
Total Program Service Revenue | $539,465 |
Investment income | $2,581 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,725,110 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $256,816 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $81,028 |
Payroll taxes | $20,184 |
Fees for services: Management | $117,990 |
Fees for services: Legal | $21,655 |
Fees for services: Accounting | $26,265 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $200 |
Office expenses | $50,991 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $452,394 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,187 |
Interest | $205,727 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $317,488 |
Insurance | $62,592 |
All other expenses | $43,723 |
Total functional expenses | $1,716,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $222,437 |
Savings and temporary cash investments | $1,290,003 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $5,970,973 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $327,824 |
Total assets | $7,811,237 |
Accounts payable and accrued expenses | $223,960 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $6,565,061 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $44,567 |
Total liabilities | $6,833,588 |
Unrestricted restricted net Assets | $977,649 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $977,649 |