Golden Empire Affordable Housing Inc
- Assets
- $8.6m
- Revenue
- $1.1m
- Investments
- $509.1k
- Employees
- 16
- Location
- Bakersfield, CA
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 77-0312361
Organization Overview
Golden Empire Affordable Housing Inc is located in Bakersfield, CA. The organization was established in 1997. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Golden Empire Affordable Housing Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Empire Affordable Housing 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 12/2022, Golden Empire Affordable Housing Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LOW INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT/DEVELOPMENT OF LOW INCOME HOUSING FOR ELDERLY OR LOW INCOME FAMILIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Haas Chair | OfficerTrustee | 1 | $0 |
Claire Ackerman Director | Trustee | 1 | $0 |
Audrey Chavez Director | Trustee | 1 | $0 |
Kristie Coons Director | Trustee | 1 | $0 |
Randy Coats Vice Chair | OfficerTrustee | 1 | $0 |
Angelica Ortiz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $693,976 |
| Investment income | $120,470 |
| 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 | $1,054,232 |
| 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 | $497,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,488 |
| Payroll taxes | $31,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,037 |
| Fees for services: Accounting | $22,335 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $141,511 |
| Advertising and promotion | $0 |
| Office expenses | $2,484 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,550 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,801 |
| Insurance | $5,907 |
| All other expenses | $0 |
| Total functional expenses | $1,416,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $759,159 |
| Savings and temporary cash investments | $401,568 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,080,842 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,292,277 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,698 |
| Net Land, buildings, and equipment | $63,803 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $509,138 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,478,254 |
| Total assets | $8,593,739 |
| Accounts payable and accrued expenses | $97,960 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $97,960 |
| Net assets without donor restrictions | $8,495,779 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,593,739 |