SATELLITE SENIOR HOMES III INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SATELLITE SENIOR HOMES III INC (EIN 94-2835291)
Tax period
2024-10-01 to 2025-09-30
Filed
2026-06-26
IRS object ID
202611779349301116
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-26T14:31:58-05:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582487348PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1APRIO ADVISORY GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12185 N CALIFORNIA BLVD SUITE 350AddressLine1Txt
CityWALNUT CREEKCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94596ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN942835291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SATELLITE SENIOR HOMES III INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSATEBusinessNameControlTxt
Phone5106470700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11835 ALCATRAZ AVENUEAddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSUSAN FRIEDLANDPersonNm
Person TitleCEOPersonTitleTxt
Phone5106470700PhoneNum
Signature2026-06-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEELEY COLLINSPreparerPersonNm
PTINP01268851PTIN
Phone9252102180PhoneNum
Preparation2026-06-24PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSMITHA SESHADRIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11835 ALCATRAZ AVENUEAddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,024,059GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SAHAHOMES.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO PROVIDE LOW-INCOME ELDERLY & HANDICAPPED PERSONS WITH AFFORDABLE HOUSING FACILITIES & SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL & PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS & USEFULNESS IN LONGER LIVING ON A NONPROFIT BASIS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,145,260PYContributionsGrantsAmt
CY Contributions Grants$2,275,126CYContributionsGrantsAmt
PY Program Service Revenue$647,723PYProgramServiceRevenueAmt
CY Program Service Revenue$660,248CYProgramServiceRevenueAmt
PY Investment Income$88,613PYInvestmentIncomeAmt
CY Investment Income$87,860CYInvestmentIncomeAmt
PY Other Revenue$375PYOtherRevenueAmt
CY Other Revenue$825CYOtherRevenueAmt
PY Total Revenue$2,881,971PYTotalRevenueAmt
CY Total Revenue$3,024,059CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$621,209PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$715,178CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,669,543PYOtherExpensesAmt
CY Other Expenses$1,635,477CYOtherExpensesAmt
PY Total Expenses$2,290,752PYTotalExpensesAmt
CY Total Expenses$2,350,655CYTotalExpensesAmt
PY Revenues Less Expenses$591,219PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$673,404CYRevenuesLessExpensesAmt
Total Assets BOY$4,301,340TotalAssetsBOYAmt
Total Assets EOY$4,779,952TotalAssetsEOYAmt
Total Liabilities BOY$7,173,815TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,979,023TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$2,872,475NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$2,199,071NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE LOW-INCOME ELDERLY & HANDICAPPED PERSONS WITH AFFORDABLE HOUSING FACILITIES & SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL & PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS & USEFULNESS IN LONGER LIVING ON A NONPROFIT BASIS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,111,559ExpenseAmt
Revenue$660,248RevenueAmt
DescTHE CORPORATION WAS ORGANIZED TO PROVIDE RENTAL HOUSING FOR LOW AND MODERATE-INCOME ELDERLY PERSONS. IT OWNS AND OPERATES AN AFFORDABLE HOUSING PROJECT CONSISTING OF A TOTAL OF 150 RENTAL UNITS FOR LOW-INCOME SENIORS IN NEWARK, 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 UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT.Desc
Total Program Service Expenses$2,111,559TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAHA PROPERTY MANAGEMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5106470700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11835 ALCATRAZ AVENUEAddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94703ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SMITHA SESHADRI
CHAIRPERSON0.101.00Yes (X)Yes (X)$0$0$0
RAULY BUTLER
VICE CHAIR0.101.00Yes (X)Yes (X)$0$0$0
MIKE JACOB
SECRETARY0.101.00Yes (X)Yes (X)$0$0$0
SCOTT SMITH
TREASURER0.101.00Yes (X)Yes (X)$0$0$0
ANTHONY BARRON
MEMBER0.101.00Yes (X)$0$0$0
GREG CHIN
MEMBER0.101.00Yes (X)$0$0$0
SAGE B FOSTER
MEMBER0.101.00Yes (X)$0$0$0
DAVID GREENSFELDER
MEMBER0.101.00Yes (X)$0$0$0
KAREN JACOBS
MEMBER0.101.00Yes (X)$0$0$0
JOY MOORE
MEMBER0.101.00Yes (X)$0$0$0
JAMES REILLY
MEMBER0.101.00Yes (X)$0$0$0
RON RIDLEY
MEMBER0.101.00Yes (X)$0$0$0
JACEE SANTOS
MEMBER0.101.00Yes (X)$0$0$0
SUSAN FRIEDLAND
CEO0.1040.00Yes (X)$0$347,267$38,460
JOSE SANCHEZ
VP OF FINANCE0.1040.00Yes (X)$0$200,118$45,402
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$547,385TotReportableCompRltdOrgAmt
Total Other Compensation$83,862TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$2,275,126GovernmentGrantsAmt
Total Contributions$2,275,126TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531110$656,937$656,937
MISCELLANEOUS INCOME531110$3,311$3,311
FieldValueIRS element (for citing)
Total Program Service Revenue$660,248TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$87,860TotalRevenueColumnAmt
Exclusion$87,860ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$825RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$825RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$825TotalRevenueColumnAmt
Exclusion$825ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,024,059TotalRevenueColumnAmt
Related Or Exempt Func Income$660,248RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$88,685ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$563,889TotalAmt
Program Services$563,889ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$15,222TotalAmt
Program Services$15,222ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$97,998TotalAmt
Program Services$97,998ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$38,069TotalAmt
Program Services$38,069ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$204,046TotalAmt
Management And General$204,046ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$16,372TotalAmt
Program Services$16,372ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$35,050TotalAmt
Management And General$35,050ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,753TotalAmt
Program Services$18,753ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,502TotalAmt
Program Services$37,502ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$29,406TotalAmt
Program Services$29,406ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,157,654TotalAmt
Program Services$1,157,654ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,130TotalAmt
Program Services$2,130ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,481TotalAmt
Program Services$3,481ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$51,753TotalAmt
Program Services$51,753ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,033TotalAmt
Program Services$7,033ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MORTGAGE INSURANCE PREM$31,296$31,296
WORKERS COMPENSATION$18,289$18,289
TENANT SERVICE EXPENSES$8,667$8,667
DEBT ISSUANCE COSTS$5,949$5,949

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,096TotalAmt
Program Services$8,096ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,350,655TotalAmt
Program Services$2,111,559ProgramServicesAmt
Management And General$239,096ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$213,348BOYAmt
EOY$51,659EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,386,005BOYAmt
EOY$4,056,746EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,868BOYAmt
EOY$12,131EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$49,602BOYAmt
EOY$52,757EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,154,093LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,547,434LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$635,517BOYAmt
EOY$606,659EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,301,340BOYAmt
EOY$4,779,952EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$82,683BOYAmt
EOY$70,670EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,504BOYAmt
EOY$911EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,934,667BOYAmt
EOY$6,745,304EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$153,961BOYAmt
EOY$162,138EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,173,815BOYAmt
EOY$6,979,023EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$2,872,475BOYAmt
EOY-$2,199,071EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$2,872,475BOYAmt
EOY-$2,199,071EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,301,340BOYAmt
EOY$4,779,952EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$673,404ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,699,578CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,102,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,048,286CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,145,260CurrentTaxYearMinus1YearAmt
Current Tax Year$2,275,126CurrentTaxYearAmt
Total$10,270,457TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,699,578CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,102,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,048,286CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,145,260CurrentTaxYearMinus1YearAmt
Current Tax Year$2,275,126CurrentTaxYearAmt
Total$10,270,457TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$10,270,457PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,583CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,641CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$23,097CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$88,988CurrentTaxYearMinus1YearAmt
Current Tax Year$88,685CurrentTaxYearAmt
Total$208,994TotalAmt
FieldValueIRS element (for citing)
Total Support$10,479,451TotalSupportAmt
Gross Receipts Rltd Activities$3,047,167GrossReceiptsRltdActivitiesAmt
Public Support CY1700.98010PublicSupportCY170Pct
Public Support PY1700.98570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$288,700OtherCostOrOtherBasisAmt
Book Value$288,700BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,353,750OtherCostOrOtherBasisAmt
Depreciation$11,035,791DepreciationAmt
Book Value$317,959BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$94,144OtherCostOrOtherBasisAmt
Depreciation$94,144DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$417,499OtherCostOrOtherBasisAmt
Depreciation$417,499DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$606,659TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
TENANT SECURITY DEPOSITS$42,084
PAYABLE TO AFFILIATE$119,621
RES RECPTS AVAILABLE FOR RECAPTURE$433
FieldValueIRS element (for citing)
Total Liability$162,138TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,024,059TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$3,024,059RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,024,059TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,350,655TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,350,655ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,350,655TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CORPORATION HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER CODE SECTION 501(C)(3) AND BY THE CALIFORNIA FRANCHISE TAX BOARD UNDER CODE SECTION 23701(D). THE CORPORATION BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS ENDING SEPTEMBER 30, 2024, 2023, 2022, AND 2021 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR THE FEDERAL AND STATE RETURNS, RESPECTIVELY.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SUSAN FRIEDLAND
CEO$0$346,767$0$500$0$0$0$13,760$0$24,700$0$385,727$0$0
JOSE SANCHEZ
VP OF FINANCE$0$196,618$0$3,500$0$0$0$8,540$0$36,862$0$245,520$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationBOARD OR COMPENSATION COMMITTEE'S APPROVAL IS REQUIRED TO ESTABLISH COMPENSATION OF RELATED ORGANIZATION'S CEO/CFO, OFFICERS AND KEY EMPLOYEES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3LINE 3 EXPLANATION - THE PROJECT IS MANAGED BY SATELLITE AFFORDABLE HOUSING ASSOCIATES PROPERTY MANAGEMENT (SAHA PM), A NONPROFIT PUBLIC BENEFIT CORPORATION RELATED TO THE CORPORATION BY COMMON MEMBERS OF THE BOARD OF DIRECTORS AND/OR THE POWER TO APPOINT DIRECTORS. SAHA PM IS RESPONSIBLE FOR THE DAY TO DAY OPERATIONS OF THE LOW INCOME HOUSING PROJECT, INCLUDING MAINTENANCE OF ACCOUNTING RECORDS, RENT COLLECTION, FACILITY MAINTENANCE, ETC.
FORM 990, PART VI, SECTION A, LINE 7ALINE 7A EXPLANATION - EACH DIRECTOR SHALL BE APPOINTED BY THE BOARD OF SATELLITE AFFORDABLE HOUSING ASSOCIATES PROPERTY MANAGEMENT (FORMERLY SATELLITE HOUSING, INC.) AND SHALL BE MEMBERS OF THE BOARD OF DIRECTORS OF SATELLITE AFFORDABLE HOUSING ASSOCIATES PROPERTY MANAGEMENT.
FORM 990, PART VI, SECTION B, LINE 11BLINE 11B EXPLANATION - THE FORM 990 IS REVIEWED AND SIGNED BY THE CHIEF EXECUTIVE OFFICER OF SATELLITE AFFORDABLE HOUSING ASSOCIATES, A RELATED CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, A CONFLICT OF INTEREST DISCLOSURE FORM IS DISTRIBUTED TO EACH BOARD MEMBER TO COMPLETE AND SIGN. THESE ARE REVIEWED FOR ANY CONFLICTS OF INTEREST AND KEPT ON FILE.
FORM 990, PART VI, SECTION B, LINE 15THE CORPORATION DOES NOT PAY COMPENSATION, EITHER AS AN EMPLOYEE OR INDEPENDENT CONTRACTOR, TO ANY OFFICER OR MEMBER OF MANAGMENT. THE ORGANIZATION HAS NO COMPENSATED EMPLOYEES. THE CORPORATION'S CEO AND VP OF FINANCE ARE COMPENSATED EMPLOYEES OF SATELLITE AFFORDABLE HOUSING ASSOCIATES (SAHA), A RELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. THEIR SALARIES FROM SAHA ARE SUBJECT TO ANNUAL REVIEW BY SAHA'S BOARD OF DIRECTORS AND THE BOARD DETERMINES THE SALARIES. THE CORPORATION DOES NOT PAY COMPENSATION, EITHER AS AN EMPLOYEE OR INDEPENDENT CONTRACTOR, TO ANY OFFICER OR MEMBER OF MANAGMENT. THE ORGANIZATION HAS NO COMPENSATED EMPLOYEES. THE CORPORATION'S CEO AND VP OF FINANCE ARE COMPENSATED EMPLOYEES OF SATELLITE AFFORDABLE HOUSING ASSOCIATES (SAHA), A RELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. THEIR SALARIES FROM SAHA ARE SUBJECT TO ANNUAL REVIEW BY SAHA'S BOARD OF DIRECTORS AND THE BOARD DETERMINES THE SALARIES.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
SATELLITE SENIOR HOMES INC
1835 ALCATRAZ AVENUEBERKELEYCA94703946130795LOW-INCOME HOUSINGCA501(C)(3)LINE 7 ORGANIZATIONSAHA PROPERTY MANAGEMENT INC0
SATELLITE SR HMES NEWARK GARDNS II INC
1835 ALCATRAZ AVENUEBEREKELYCA94703943168802LOW-INCOME HOUSINGCA501(C)(3)LINE 7 ORGANIZATIONSATELLITE SENIOR HOMES INC0
SATELLITE SENIOR HOMES II INC
1835 ALCATRAZ AVENUEBERKELEYCA94703942598866LOW-INCOME HOUSINGCA501(C)(3)LINE 7 ORGANIZATIONSAHA PROPERTY MANAGEMENT INC0
CASA MONTEGO II INC
1835 ALCATRAZ AVENUEBERKELEYCA94703200601087LOW-INCOME HOUSINGCA501(C)(3)LINE 7 ORGANIZATIONSAHA PROPERTY MANAGEMENT INC0
SATELLITE SENIOR HOMES IV INC
1835 ALCATRAZ AVENUEBERKELEYCA94703942914787LOW-INCOME HOUSINGCA501(C)(3)LINE 7 ORGANIZATIONSATELLITE AFFORDABLE HOUSING ASSOCIATES0
SATELLITE AFFORDABLE HOUSING ASSOCIATES
1835 ALCATRAZ AVENUEBERKELEYCA94703943186770LOW-INCOME HOUSING DEVELOPMENTCA501(C)(3)LINE 7 ORGANIZATION0N/A
SATELLITE COMMUNITIES INC
1835 ALCATRAZ AVENUEBERKELEYCA94703273492839LOW-INCOME HOUSINGCA501(C)(3)12ASATELLITE AFFORDABLE HOUSING ASSOCIATES0
HOOKSTON SENIOR HOMES INC
1835 ALCATRAZ AVENUEBERKELEYCA94703943312528LOW-INCOME HOUSINGCA501(C)(3)12ASATELLITE AFFORDABLE HOUSING ASSOCIATES0
SAHA PROPERTY MANAGEMENT INC
1835 ALCATRAZ AVENUEBERKELEYCA94703943031375LOW-INCOME HOUSING PROPERTY MGMTCA501(C)(3)12ASATELLITE AFFORDABLE HOUSING ASSOCIATES0
SATELLITE AHA DEVELOPMENT INC
1835 ALCATRAZ AVENUEBERKELEYCA94703943248729LOW-INCOME HOUSINGCA501(C)(3)12ASATELLITE AFFORDABLE HOUSING ASSOCIATES0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SATELLITE FIRST COMMUNITIES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11835 ALCATRAZ AVENUEAddressLine1Txt
CityBERKELEYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94703ZIPCd
FieldValueIRS element (for citing)
EIN453935749EIN
Primary ActivitiesLOW-INCOME HOUSINGPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.