Stoneman Village Ii Housing Corporation

Organization Overview

Stoneman Village Ii Housing Corporation is located in Pittsburg, CA. The organization was established in 1993. 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. Stoneman Village Ii 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 09/2023, Stoneman Village Ii Housing Corporation generated $990.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $1.0m during the year ending 09/2023. While expenses have increased by 2.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ELDERLY OR DISABLED PERSONS WITH LOW-INCOME HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION WAS ORGANIZED TO DEVELOP, OWN AND OPERATE 60 UNITS OF LOW-INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.


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Board, Officers & Key Employees

Name (title)Compensation
Frank Gordon
Former Presdnt
$0
Kent Parr
Director
$0
Francisco Hurtado
Treasurer
$0
Lidia Artero
Director
$0
Bill Abitz
Director
$0
Adi Nabou
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $707,971
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$707,971
Total Program Service Revenue$261,259
Investment income $21,497
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 $990,727

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