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SATELLITE AHA DEVELOPMENT INC is a nonprofit organization dedicated to providing affordable housing for low-income individuals and supporting the efforts of Satellite Affordable Housing Associates. With an operating budget of $12.8 million and total revenue of $7.7 million for the 2024 filing year, the organization serves as a general partner in limited partnerships that own and operate housing aimed at benefiting low-income persons. Notably, it relies on a single unidentified funder for a significant portion of its revenue, amounting to $23.5 million.
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
$23.5M
41%
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.