AI Summary
SATELLITE AHA DEVELOPMENT INC is a housing services and retirement housing nonprofit that supports Satellite Affordable Housing Associates in providing affordable housing for low-income persons and serving as a general partner in limited partnerships that own and operate housing for their benefit. In filing year 2024, it reported an operating budget of $12.8M and total revenue of $7.7M, with Satellite Affordable Housing Associates listed as a top funder at $9.6M.
Mission Statement
TO BENEFIT & SUPPORT SATELLITE AFFORDABLE HOUSING ASSOCIATES IN CARRYING OUT ITS PURPOSES BY (1) PROVIDING AFFORDABLE HOUSING FOR LOW INCOME PERSONS & (2) BY SERVING AS A GENERAL PARTNER IN LIMITED PARTNERSHIPS WHICH OWN AND OPERATE HOUSING FOR THE BENEFIT OF LOW INCOME PERSONS.
Cause Areas
2
Retirement housing
Housing services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
Satellite Affordable Housing Associates
Berkeley, CA, US
$9.6M
41%
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- 1 funders
- 14 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is SATELLITE AHA DEVELOPMENT INC’s budget?
In 2024, SATELLITE AHA DEVELOPMENT INC reported an annual operating budget of around $12.8 million. More detailed financial information is available to registered users.
What causes does SATELLITE AHA DEVELOPMENT INC support?
SATELLITE AHA DEVELOPMENT INC supports work in Retirement housing and Housing services.
Where does SATELLITE AHA DEVELOPMENT INC operate?
SATELLITE AHA DEVELOPMENT INC is headquartered in Berkeley, CA.
Who funded SATELLITE AHA DEVELOPMENT INC recently?
In 2024, SATELLITE AHA DEVELOPMENT INC received grants from Satellite Affordable Housing Associates, Satellite Affordable Housing Associates, and Satellite Affordable Housing Associates. More information on this organization’s funders is available to registered users.
What is the largest grant SATELLITE AHA DEVELOPMENT INC received in 2024?
The largest grant to SATELLITE AHA DEVELOPMENT INC in 2024 exceeds $929 thousand.
What is SATELLITE AHA DEVELOPMENT INC’s reliance on government grants?
SATELLITE AHA DEVELOPMENT INC relied on government grants for more than 40% of their total revenue in 2024.