Reality House West
- Assets
- $2.0m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 1
- Location
- San Francisco, CA
- Founding
- 11/1970
- Data as of
- 06/2023
- EIN
- 94-1722478
Organization Overview
Reality House West is located in San Francisco, CA. The organization was established in 1970. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reality House West 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 06/2023, Reality House West generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $3.3m during the year ending 06/2023. While expenses have increased by 11.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING TO THE ELDERLY, MENTALLY DISABLED, EX-OFFENDERS AND OTHER LOW-INCOME PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OPERATES A RESIDENTIAL HOTEL CONSISTING OF 156 RENTAL UNITS IN SAN FRANCISCO, CA FOR THE ELDERLY, MENTALLY DISABLED, EX-OFFENDERS, AND OTHER LOW-INCOME PEOPLE. THIS PROJECT IS CONTROLLED BY REGULATORY AGREEMENTS WITH THE CITY AND COUNTY OF SAN FRANCISCO, THE CALIFORNIA HOUSING REHABILITATION PROGRAM, AND CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT AS TO RENTAL CHARGES, OPERATING METHODS AND OTHER MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Looper Executive Dir. | Officer | 40 | $68,315 |
Esan Looper President | OfficerTrustee | 1 | $0 |
Joel Clark Secretary | OfficerTrustee | 1 | $0 |
Maurice James Treasurer | OfficerTrustee | 1 | $0 |
Elaine Zamora Director | Trustee | 1 | $0 |
Gayle Wood Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,545,213 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,552,237 |
| Total Program Service Revenue | $343,785 |
| Investment income | $269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $146,447 |
| 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 | $3,042,738 |
| 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. | $68,315 |
| Compensation of current officers, directors, key employees. | $68,315 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $697,732 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,563 |
| Payroll taxes | $27,631 |
| Fees for services: Management | $170,378 |
| Fees for services: Legal | $43,029 |
| Fees for services: Accounting | $38,395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $62,105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,239,547 |
| 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 | $222,778 |
| Insurance | $2,381 |
| All other expenses | $5,514 |
| Total functional expenses | $3,286,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,658 |
| Savings and temporary cash investments | $341,766 |
| Pledges and grants receivable | $213,385 |
| Accounts receivable, net | $176,585 |
| 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 | $40,774 |
| Net Land, buildings, and equipment | $1,113,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,037,136 |
| Accounts payable and accrued expenses | $3,842,386 |
| Grants payable | $0 |
| Deferred revenue | $17,512 |
| 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 | $4,489,857 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $32,418 |
| Total liabilities | $8,382,173 |
| Net assets without donor restrictions | -$6,345,037 |
| 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 | $2,037,136 |