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Cornerstone Folsom Gardens Corporation I

Cornerstone Folsom Gardens Corporation I

Sacramento, CA 95833
Tax ID68-0340842

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Amount

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Do you work for Cornerstone Folsom Gardens Corporation I? Learn more here.

About this organization

Revenue

$540,618

Expenses

$495,420

Mission

Provide affordable rental housing

About

To provide affordable rental housing under the provisions of the Low Income Housing Preservation and Resident Home Ownership Act of 1990. Cornerstone Folsom Gardens Corporation I, owns and operates Folsom Gardens I Apartments, a 48-unit affordable housing complex located in Folsom, CA.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “Provide affordable rental housing”.

When explaining its duties, they were described as: “Provide affordable rental housing”.

  • The state in which the non-profit is authorized to operate legally is CA.
  • According to the filing, the address of the non-profit for the year 2020 is 2512 River Plaza Drive 200, Sacramento, CA, 95833.
  • The non-profit has reported 0 employees on their form for the year 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 between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $45,198.
  • The compensation policy for the CEO of the organization is not based on a thorough evaluation and endorsement by an impartial entity.
  • The organization has a written policy that delegates the management duties.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 3 independent voting members.
  • The organization was formed in 1994.
  • The organization has a written policy that addresses conflicts of interest.
  • 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.

Additional Non-Profits in the area

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