Satellite Senior Homes-Walnut Creek Inc
- Assets
- $177.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 11/1983
- Data as of
- 09/2021
- EIN
- 94-2914787
Organization Overview
Satellite Senior Homes-Walnut Creek Inc is located in Berkeley, CA. The organization was established in 1983. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Satellite Senior Homes-Walnut Creek 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, Satellite Senior Homes-Walnut Creek Inc generated $65.6k 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 (36.1%) each year. All expenses for the organization totaled $61.5k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (36.9%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE CORPORATION LEASES AND OPERATES 41 RESIDENTIAL RENTAL UNITS (ON 2 FLOORS) OF A PROPERTY OWNED BY THE CITY OF OAKLAND. THE UNITS ARE RENTED TO PERSONS EXPERIENCING HOMELESSNESS OR AT RISK OF HOMELESSNESS. RENT CHARGES, OPERATING METHODS AND OTHER MATTERS ARE REGULATED BY THE CALIFORNIA INTERAGENCY COUNCIL ON HOMELESSNESS AND CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT UNDER THE HOMELESS HOUSING ASSISTANCE AND PREVENTION PROGRAM AND THE HOMEKEY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rauly Butler Member | 0.1 | $0 | |
Francine Williams Secretary | 0.1 | $0 | |
Ron Ridley Chairman | 0.1 | $0 | |
Scott Smith Treasurer | 0.1 | $0 | |
Anthony Barron Member | 0.1 | $0 | |
Karen Jacobs Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,350 |
| Total Program Service Revenue | $8,211 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,131 |
| Professional fees and other payments to independent contractors | $28,401 |
| Occupancy, rent, utilities, and maintenance | $18,262 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,674 |
| Total expenses | $61,468 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $682 |
| Other assets | $0 |
| Total assets | $177,893 |
| Total liabilities | $173,800 |
| Net assets or fund balances | $4,093 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sierra View Homes Reedley, CA | $19,121,323 | $9,336,568 |
Village Enterprises Portland, OR | $12,295,539 | $9,652,880 |
Lesley Foundation Half Moon Bay, CA | $72,424,363 | $9,471,607 |
Poway Rhf Housing Inc Long Beach, CA | $17,618,312 | $6,864,713 |
Eskaton Village-Roseville Carmichael, CA | $14,131,518 | $7,157,202 |
Christian Church Homes Oakland, CA | $127,962,855 | $15,314,492 |
Redwood Senior Homes & Services Corporation Glendale, CA | $0 | $6,895,755 |
Fsl Home Improvements Phoenix, AZ | $1,605,985 | $7,729,141 |
Blp Partnership Inc San Francisco, CA | $16,888,941 | $6,481,855 |
San Carlos Development Corporation San Carlos, CA | $21,724,866 | $7,865,627 |
Mercy Mcmahon Terrace San Francisco, CA | $29,401,654 | $7,987,529 |
Park Place Rhf Housing Long Beach, CA | $11,656,884 | $7,027,739 |