Stonebridge Housing Corporation
- Assets
- $7.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 68-0238954
Organization Overview
Stonebridge Housing Corporation is located in San Rafael, CA. The organization was established in 1994. 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. Stonebridge Housing Corporation 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 12/2021, Stonebridge Housing Corporation generated $3.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $2.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SERVES AS A GENERAL PARTNER FOR TWO LIMITED PARTNERSHIPS ONE OF WHICH PROVIDE 80 UNITS OF HOUSING FOR LOW AND VERY LOW INCOME FAMILIES IN ST. HELENA, CA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Ainsworth President | 0.1 | $0 | |
Terry Faherty Secretary | 0.1 | $0 | |
Michael Farrel Treasurer | 0.1 | $0 | |
Cathy Macy Director | 0.1 | $0 | |
Mary Lou Peterson Director | 0.1 | $0 | |
Kathleen Dreesen Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,305 |
| Total Program Service Revenue | $720 |
| Membership dues | $0 |
| Investment income | $930 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,955 |
| 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 | $505 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,566 |
| Total expenses | $2,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $7,876 |
| Total liabilities | $2,814,838 |
| Net assets or fund balances | -$2,806,962 |
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|---|---|---|
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Central Valley Low Income Housing Corporation Stockton, CA | $1,196,462 | $6,920,915 |
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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 |
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