Satellite Senior Homes II Inc.
Satellite Senior Homes II Inc.
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About this organization
Mission
To provide affordable rental housing for low and moderate-income elderly persons.
About
The corporation was organized to provide rental housing for low-income elderly persons. It owns and operates affordable housing projects consisting of a total of 150 rental units for low-income seniors in Oakland, California. The project is regulated by HUD as to rent charges, operating methods and other matters under Section 202 of the National Housing Act and then under Section 207 pursuant to Section 223(f) of the National Housing Act.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “To provide affordable rental housing for low and moderate-income elderly persons.”.
When referring to its actions, they were outlined as: “To provide affordable rental housing for low and moderate-income elderly persons.”.
- The non-profit has complied with legal obligations by reporting their state of operation as CA.
- The non-profit's address in 2020 is noted in the filing as 1835 Alcatraz Avenue, Berkeley, CA, 94703.
- The non-profit's form for 2020 reports a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $37,577.
- The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
- The organization has a written policy that delegates the management duties.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 14 independent voting members.
- The organization was formed in 1979.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $666,953 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.