Elena Gardens Homes Inc is located in San Rafael, CA. The organization was established in 1994. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elena Gardens Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Elena Gardens Homes Inc generated $27.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $29.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS THE SOLE MEMBER OF EAH ELENA GARDENS, LLC, A DISREGARDED ENTITY. EAH ELENA GARDENS, LLC SERVES AS THE GENERAL PARTNER OF EAH ELENA GARDENS, L.P. A LIMITED PARTNERSHIP WHICH PROVIDES 168 UNITS OF LOW-INCOME HOUSING IN SAN JOSE, CA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Schraeger President | 0.1 | $0 | |
Laura Hall Vice President | 0.1 | $0 | |
Kristin Taylor Secretary/treas | 0.1 | $0 | |
Gabriela Aldana Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $27,023 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $27,023 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,839 |
Total expenses | $29,389 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $175,475 |
Other assets | $0 |
Total assets | $195,634 |
Total liabilities | $14,865,516 |
Net assets or fund balances | -$14,669,882 |
Over the last fiscal year, Elena Gardens Homes Inc has awarded $8,713,016 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
EAH INC PURPOSE: GENL SUPPORT: LOW INC HSG DEV | $8,504,543 |
EAH INC PURPOSE: GENL SUPPORT: LOW INC HSG DEV | $208,473 |