Retail Store Employees Building Corporation
Retail Store Employees Building Corporation
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About this organization
Revenue
$578,008
Expenses
$6,105
Mission
Retail Store Employees Building Corporation is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of California. The corporation was formed to provide rental housing and related facilities or the elderly designed to meet their physical, social and psychological needs and which will contribute to their health, security, happiness and usefulness in longer living. A partnership purchased the project and Retail Store Employees Building Corporation now funds Casa Del Pueblo Preservation Limited Partnership via a seller surplus cash note. The main purpose of this entity on a go forward basis will to be a financing arm of the low income housing project through the partnership.
About
The corporation was organized to own and operate an apartment complex consisting of 165 rental units in San Jose, California under section 236 of the National Housing Act. Such projects are regulated by HUD as to rent charges and operating methods. A partnership purchased the project and Retail Store Employees Building Corporation now funds Casa Del Pueblo Preservation Limited Partnership via a seller surplus cash note. The main purpose of this entity on a go forward basis will be a financing arm of the low income housing project through the partnership.
Interesting data from their 2019 990 filing
The purpose of the non-profit is stated in the filing as “Retail store employees building corporation is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of california. the corporation was formed to provide rental housing and related facilities or the elderly designed to meet their physical, social and psychological needs and which will contribute to their health, security, happiness and usefulness in longer living.a partnership purchased the project and retail store employees building corporation now funds casa del pueblo preservation limited partnership via a seller surplus cash note. the main purpose of this entity on a go forward basis will to be a financing arm of the low income housing project through the partnership.”.
Their activities were defined as: “Retail store employees building corporation is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of california. the corporation was formed to provide rental housing and related facilities or the elderly designed to meet their physical, social and psychological needs and which will contribute to their health, security, happiness and usefulness in longer living.a partnership purchased the project and retail store employees building corporation now funds casa del pueblo preservation limited partnership via a seller surplus cash note. the main purpose of this entity on a go forward basis will to be a financing arm of the low income housing project through the partnership.”.
- As per legal requirements, the non-profit's state of operation is reported as CA.
- The non-profit's address in 2019 as per the filing is 240 SOUTH MARKET STREET, SAN JOSE, CA, 95113.
- The form of the non-profit organization shows 0 employees as of 2019.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $571,903.
- The organization has 2 independent voting members.
- The organization was formed in 1971.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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