Senior Assistance Foundation Eastbay
- Assets
- $34.6m
- Revenue
- $2.3m
- Investments
- $34.2m
- Employees
- 14
- Location
- Livermore, CA
- Founding
- 10/1967
- Data as of
- 12/2021
- EIN
- 94-1652296
Organization Overview
Senior Assistance Foundation Eastbay, operating under the name Northgate Terrace, is located in Livermore, CA. The organization was established in 1967. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Northgate Terrace employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northgate Terrace 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 12/2021, Northgate Terrace generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Northgate Terrace has awarded 75 individual grants totaling $9,429,480. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ELDERLY PERSONS AND FAMILIES LOW RENTAL HOUSING & RELATED FACILITIES AND SERVICES, UTILIZING HUD TENANT ASSISTANCE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OPERATES AN APARTMENT COMPLEX CONSISTING OF 201 UNITS FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Chan Director | 0.5 | $0 | |
Frank Mellon Secretary/chair | 1.5 | $0 | |
Liz Lucero Director | 0.5 | $0 | |
Leroy Salido Treasurer | 1 | $0 | |
Julie Wang President | 0.5 | $0 | |
Bob Strelo Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $102 |
| Dividends & Interest | $757,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,513,699 |
| Capital Gain Net Income | $1,513,699 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,271,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,554 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,833 |
| Total operating and administrative expenses | $83,949 |
| Contributions, gifts, grants paid | $2,073,217 |
| Total expenses and disbursements | $2,157,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $456,772 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $34,190,332 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,647,104 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Senior Assistance Foundation Eastbay has awarded $2,073,217 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: TO FINANCE THE COSTS TO CONDUCT THE PROJECT ENTITLED "MOBILE MEAL PROGRAM". | $500,000 |
ALAMEDA COUNTY COMMUNITY FOOD BANK PURPOSE: TO FINANCE THE COSTS TO CONDUCT THE PROJECT ENTITLED "SENIOR FOOD PROGRAM". | $300,000 |
EMBRACE FOUNDATION PURPOSE: TO FINANCE THE COSTS TO PROVIDE FOR A SENIOR ACTIVITIES COORDINATOR AND WELLNESS CENTER FOR NORTHGATE TERRACE, OAKLAND, CA. | $194,933 |
J-SEI PURPOSE: TO SUPPORT PROGRAM "SENIOR NUTRITION AND REDUCING SOCIAL ISOLATION DURING THE PANDEMIC PROGRAM" TO IMPROVE NUTRITION AND QUALITY OF LIFE FOR SENIORS. | $150,000 |
Oakland, CA PURPOSE: TO SUPPORT ROOTS & SAGA - THE ASIAN PACIFIC ISLANDER AMERICAN SENIOR LEGACY PROJECT. | $100,000 |
SPANISH SPEAKING UNITY COUNCIL ALA CO PURPOSE: TO ESTABLISH A PROGRAM OF "VIRTUAL" SUPPORT GROUPS AND WELLNESS ACTIVITIES THROUGH ONLINE APPLICATIONS. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hollenbeck Palms Los Angeles, CA | $91,601,425 | $22,351,666 |
899 Charleston Palo Alto, CA | $143,487,864 | $17,017,896 |
Bay Area Senior Services Inc San Mateo, CA | $56,248,028 | $16,762,634 |
Midpen Property Management Corporation Foster City, CA | $4,229,808 | $16,638,795 |
Casa La Merced Inc C/O Falkenberg/Gilliam & Associates Pasadena, CA | $0 | $52,026 |
Scott Street Senior Housing Complex Incorporated San Francisco, CA | $43,555,702 | $18,828,763 |
Sun Health Colonnade Sun City West, AZ | $94,057,593 | $16,072,885 |
Palo Alto Senior Housing Project Inc Palo Alto, CA | $9,912,770 | $1,163,322 |
Christian Care Tucson Inc Phoenix, AZ | $29,450,689 | $13,520,695 |
Alma Via Of San Francisco Alameda, CA | $25,364,635 | $12,193,885 |
Seascape Senior Housing Inc Walnut Creek, CA | $1,410,799 | $12,833,123 |
Meadowbrook Village Christian Retirement Community Escondido, CA | $70,664,658 | $10,740,685 |