Satellite Senior Homes IV Inc

EIN: 942914787 501(c)(3)

Berkeley, CA

Total Revenue
$601,166
Total Expenses
$601,166
Total Assets
$4,414,260
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
SMITHA SESHADRI
Phone
5106470700
Tax Period
2024-01-01 to 2024-12-31

Satellite Senior Homes IV Inc, founded in 1983, is a small nonprofit that reported $601K in total revenue in fiscal year 2024.

Mission

To acquire, provide, develop, finance, rehabilitate, own, and operate decent, safe and sanitary housing affordable to persons and households of low income and, thereby, to lessen the burdens of government by developing, owning, and managing housing targeted to low income households.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $426,140
Program Service Revenue $173,894
Investment Income $1,132
Other Revenue $0
TOTAL REVENUE $601,166

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,605
Fundraising Expenses $0
Program Expenses $529,909
Other Expenses $470,561
TOTAL EXPENSES $601,166

Year-over-Year Comparison

2024 2023 Change
Revenue $601,166 $595,040 +0.0%
Expenses $601,166 $595,040 +0.0%
Net Income $0 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$631,247
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN FRIEDLAND CEO 0.10
Officer
$0 $38,460 $385,727
JOSE SANCHEZ VP OF FINANCE 0.10
Officer
$0 $45,402 $245,520
SMITHA SESHADRI CHAIRPERSON 0.10
Officer Director
$0 $0 $0
RAULY BUTLER VICE CHAIR 0.10
Officer Director
$0 $0 $0
FRANCINE WILLIAMS Secretary 0.10
Officer Director
$0 $0 $0
SCOTT SMITH Treasurer 0.10
Officer Director
$0 $0 $0
ANTHONY BARRON MEMBER 0.10
Director
$0 $0 $0
GREG CHIN MEMBER 0.10
Director
$0 $0 $0
SAGE B FOSTER MEMBER 0.10
Director
$0 $0 $0
DAVID GREENSFELDER Member 0.10
Director
$0 $0 $0
MIKE JACOB MEMBER 0.10
Director
$0 $0 $0
KAREN JACOBS MEMBER 0.10
Director
$0 $0 $0
JOY MOORE MEMBER 0.10
Director
$0 $0 $0
JAMES REILLY MEMBER 0.10
Director
$0 $0 $0
RON RIDLEY MEMBER 0.10
Director
$0 $0 $0
JACEE SANTOS MEMBER 0.10
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $601,166 $601,166 $4,414,260 No data
2023 $595,040 $595,040 $4,617,190 No data
2022 $491,517 $491,517 $4,904,035 No data
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