Casitas Of Hayward Inc
- Assets
- $64.4k
- Revenue
- $294.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 10/2007
- Data as of
- 09/2021
- EIN
- 94-2195269
Organization Overview
Casitas Of Hayward Inc is located in Oakland, CA. The organization was established in 2007. 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. Casitas Of Hayward 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 09/2021, Casitas Of Hayward Inc generated $294.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $249.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (18.2%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND MANAGE SENIOR HOUSING PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MANAGE THE UNITY COUNCIL'S PORTFOLIO OF SENIOR HOUSING PROJECTS AS THE PROPERTY MANAGMENT AGENT, APPROVED BY HUD, THE CITY OF OAKLAND, AND OTHER REGULATORS. CASITAS OF HAYWARD CONTRACTS DIRECTLY WITH THE SENIOR HOUSING PROJECTS AND WITH THE UNITY COUNCIL FOR MANAGEMENT AND OPERATIONAL STAFF. CASITAS OF HAYWARD PROVIDES EXCELLENT CASE MANAGEMENT AND SUPPORTIVE SERVICES TO TWO SENIOR FACILITIES, CASA VELASCO AND POSADA DE COLORES.CASA VELASCO SENIOR HOUSING IS A HUD 202/SECTION 8 SENIOR HOUSING FOR VERY LOW-INCOME ELDERLY OR HANDICAPPED/DISABLED, FUNDED BY THE U.S DEPARTMENT OF HOUSING & URBAN DEVELOPMENT (HUD). CASA VELASCO IS A FOUR-STORY BUILDING WITH 20 APARTMENTS (8 ONE-BEDROOM AND 12 STUDIOS).THE POSADA DE COLORES SENIOR HOUSING IS A HUD 202/SECTION 8 SENIOR HOUSING FOR VERY LOW-INCOME ELDERLY OR HANDICAPPED/DISABLED, FUNDED BY THE U.S DEPARTMENT OF HOUSING & URBAN DEVELOPMENT (HUD). POSADA DE COLORES IS AN EIGHT-STORY SENIOR COMPLEX WITH 100 ONE-BEDROOM APARTMENTS. SENIORS AT POSADA DE COLORES AND OUR OTHER SENIOR PROPERTIES ENJOY ACCESS TO THE FRUITVALE-SAN ANTONIO SENIOR CENTER FOR SOCIAL ACTIVITIES, CLASSES, AND EVENTS. TRANSPORTATION IS PROVIDED TO AND FROM THE SENIOR CENTER FREE OF CHARGE. NOVEMBER 2018, CASITAS OF HAYWARD THIRD PARTY MANAGED TWO LOW INCOME BUILDING LORIN AND ROSEWOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Holmes Chair | OfficerTrustee | 1 | $0 |
Casey Williams Secretary | OfficerTrustee | 1 | $0 |
Jose Corona Vice Chair | OfficerTrustee | 1 | $0 |
Christopher Iglesias Chief Executive Officer | Officer | 3 | $0 |
Joyce Boyd Chief Financial Officer | Officer | 3 | $0 |
Erin Elizabeth Patch Chief Operating Officer | Officer | 3 | $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 | $294,063 |
| Investment income | $0 |
| 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 | $294,063 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $249,206 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $541 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $249,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,715 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,651 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,366 |
| Accounts payable and accrued expenses | $10,347 |
| 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 | $10,347 |
| Net assets without donor restrictions | $54,019 |
| 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 | $64,366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Episcopal Communities & Services For Seniors Monrovia, CA | $210,406,101 | $54,393,007 |
Area Housing Authority Of County Of Ventura Newbury Park, CA | $51,199,286 | $45,374,355 |
Eah Inc San Rafael, CA | $269,353,281 | $53,747,905 |
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Eden Housing Inc Hayward, CA | $420,059,670 | $90,990,309 |
Midpen Housing Corporation Foster City, CA | $279,122,902 | $50,937,724 |
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Pico-Union Housing Corporation Los Angeles, CA | $136,637,775 | $17,120,613 |
Northwest Housing Alternatives Inc Milwaukie, OR | $66,415,282 | $18,428,543 |
Burbank Housing Development Corporation Santa Rosa, CA | $103,460,619 | $16,261,747 |
Coachella Valley Housing Coalition Indio, CA | $146,778,624 | $17,127,596 |
Community Corporation Of Santa Monica Santa Monica, CA | $197,338,615 | $17,598,823 |