Main Street Apartments Inc.
Main Street Apartments Inc.
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About this organization
Revenue
$255,483
Expenses
$391,312
Mission
To provide low-income housing
About
The corporation operates a 24 unit apartment building in Oakley, California under section 811 of the National Housing Act. This project is regulated by HUD as to rent charges and operating methods.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “To provide low-income housing”.
When discussing its operations, they were characterized as: “To provide low-income housing”.
- The non-profit's legally reported state of operation is CA.
- The filing states that the non-profit's address in the year 2020 is 22 Pelican Way, San Rafael, CA, 94901.
- The form submitted by the non-profit for 2020 shows 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 between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$135,829.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization has a written policy that delegates the management duties.
- The organization elects its board members.
- The organization has 0 independent voting members.
- The organization was formed in 1997.
- 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 $107,649 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.
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