Colosimo Apartments Inc.
Colosimo Apartments Inc.
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More about this organization
Mission
To benefit and support Mission Housing Development Corporation, a California nonprofit public benefit corporation, and its purposes in accordance with Section 509(a)(3) of the Internal Revenue Code.
About
Provided general support to Mission Housing Development Corporation (MHDC), a related California nonprofit public benefit corporation, in furtherance of MHDC's exempt purpose of providing affordable housing to low-income families, the handicapped and elderly.
Revenue
$71,856
Expenses
$176,234
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “To benefit and support mission housing development corporation, a california nonprofit public benefit corporation, and its purposes in accordance with section 509(a)(3) of the internal revenue code by (i)providing decent, safe and sanitary housing and related facilities and services, and expand economic opportunities for low-income persons; (ii) serving as a general partner (either directly or as the sole member of a limited liability company) in limited partnerships and serving as the sole or managing member in limited liability companies which will own and operate housing for low-income persons and households described in (i) above; (iii) borrowing money and issuing evidence of indebtedness in furtherance of any or all of the objects of its businees, and to secure the same by mortgage, pledge or other lien on the corporation's property; and (iv) lending money, and doing any and all other lawful things in furtherance of the charitable purposes of mhdc.”.
When referring to its functions, they were specified as: “To benefit and support mission housing development corporation, a california nonprofit public benefit corporation, and its purposes in accordance with section 509(a)(3) of the internal revenue code.”.
- The non-profit has reported their operating state as CA, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 474 Valencia Street Suite 280, San Francisco, CA, 94103.
- The non-profit's form reports a total of 0 employees as of 2020.
- 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 less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$104,378.
- The CEO's salary policy within the organization is established through a review process by an impartial entity.
- 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 2 independent voting members.
- The organization was formed in 1980.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $0 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.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.