Keller Housing Initiatives Inc is located in Oakland, CA. The organization was established in 1997. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Keller Housing Initiatives 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 12/2021, Keller Housing Initiatives Inc generated $148.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $456.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS THE GENERAL PARTNER FOR KELLER HOUSING ASSOCIATES, L. P. WHICH OWNS AND OPERATES AFFORDABLE HOUSING APARTMENT DEVELOPMENTS IN OAKLAND, CA. THE ORGANIZATION EARNS A PARTNERSHIP MANAGEMENT FEE AS COMPENSATION FOR MANAGING THE ACTIVITIES OF KHA. THE PARTNERSHIP MANAGEMENT FEE AMOUNTS TO $20,000 ANNUALLY SUBJECT TO 3% ANNUAL INCREASES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Wells Vp/executive Director | 0.3 | $0 | |
Roy Schweyer Director | 0.3 | $0 | |
Gregory Hartwig Director | 0.3 | $0 | |
Jon Gresley President | 0.3 | $0 | |
Bernard Deasy Treasurer | 0.3 | $0 | |
Malik Franklin Director | 0.3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $129 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $148,167 |
Total Revenue | $148,296 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $438,016 |
Total operating and administrative expenses | $456,889 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $456,889 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $351,127 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $25,336 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $4,368,850 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $1,379,337 |
Net Land, buildings, and equipment | $0 |
Other assets | $808,863 |
Total assets | $6,933,513 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $8,330 |
Total liabilities | $8,330 |
Organization Name | Assets | Revenue |
---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |