South Berkeley Neighborhood Development Corporation
South Berkeley Neighborhood Development Corporation
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About this organization
Revenue
$553,105
Expenses
$495,236
Mission
The corporation is dedicated to the promotion of the general welfare and economic development of low income persons, families and groups, residing in the South Berkeley area.
About
The corporation owns and operates an apartment complex consisting of 35 rental units in Berkeley, California. The project is controlled by a regulatory agreement with HUD as to rent charges and operating methods.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The corporation is dedicated to the promotion of the general welfare and economic development of low income persons, families and groups, residing in the south berkeley area.”.
When detailing its responsibilities, they were listed as: “The corporation is dedicated to the promotion of the general welfare and economic development of low income persons, families and groups, residing in the south berkeley area.”.
- The state in which the non-profit is legally permitted to operate is CA.
- The address of the non-profit for 2020 according to the filing is 1900 Fruitvale Ave Suite 2A, Oakland, CA, 94601.
- The number of employees reported by the non-profit on their form as of 2020 is 0.
- 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 between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $57,869.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization has a written policy that delegates the management duties.
- The organization has 5 independent voting members.
- The organization was formed in 1987.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $146,831 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.