1150 Webster Street Inc
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 07/1996
- Data as of
- 03/2022
- EIN
- 68-0381750
Organization Overview
1150 Webster Street Inc is located in San Rafael, CA. The organization was established in 1996. 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. 1150 Webster Street 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 03/2022, 1150 Webster Street Inc generated $31.2k 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 (23.3%) each year. All expenses for the organization totaled $31.2k during the year ending 03/2022. 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 IS THE SOLE OWNER OF A LIMITED LIABILITY COMPANY WHICH SERVES AS THE GENERAL PARTNER OF A LIMITED PARTNERSHIP WHICH PROVIDES 68 UNITS OF LOW-INCOME HOUSING IN SAN FRANCISCO, CA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Schraeger President | 0.1 | $0 | |
Cathy Macy Secretary | 0.1 | $0 | |
Sophia Ponomarev Vp/treasurer | 0.1 | $0 | |
Susan Dutton Director | 0.1 | $0 | |
Tania Vincent Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,800 |
| Total Program Service Revenue | $29,369 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,169 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,216 |
| Total expenses | $31,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $7,463 |
| Total liabilities | $2,838,361 |
| Net assets or fund balances | -$2,830,898 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 1150 Webster Street Inc has recieved totaling $36,000.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED | $36,000 |
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 |