Orinda Senior Village Inc
- Assets
- $33.4m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Orinda, CA
- Founding
- 04/1980
- Data as of
- 01/2024
- EIN
- 94-2650685
Organization Overview
Orinda Senior Village Inc is located in Orinda, CA. The organization was established in 1980. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orinda Senior Village 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 01/2024, Orinda Senior Village Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $5.6m during the year ending 01/2024. While expenses have increased by 10.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SECTION 8/SECTION 202 ELDERLY HOUSING FOR 150 UNITS IN ORINDA, CA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 150-UNIT APARTMENT COMPLEX FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS IN ORINDA, CA UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THIS PROJECT IS REGULATED BY HUD AS TO RENTAL CHARGES AND OPERATING METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gwen Mcneilus Secretary | OfficerTrustee | 1 | $0 |
Cathy Cutler Director | Trustee | 1 | $0 |
Fred Matteson Director | Trustee | 1 | $0 |
Victoria Smith President | OfficerTrustee | 1 | $0 |
John Thursby Director | Trustee | 1 | $0 |
David Cronin Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jett Landscape Architecurre And Design Landscape Architecture | 1/30/24 | $111,952 |
Dahlin Group Inc Architectural Design | 1/30/24 | $1,209,398 |
Barcelon Associates Management Corporati Management Agent For Orinda Senior Villa | 1/30/24 | $108,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,454,216 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,454,216 |
| Total Program Service Revenue | $767,828 |
| Investment income | $466,599 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$141,310 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,547,333 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,648,060 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $760,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,611 |
| Payroll taxes | $54,596 |
| Fees for services: Management | $108,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,640 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,467,520 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $399,288 |
| Insurance | $130,364 |
| All other expenses | $163,460 |
| Total functional expenses | $5,582,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $13,209,313 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,532 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $158,709 |
| Net Land, buildings, and equipment | $2,952,475 |
| Investments—publicly traded securities | $14,698,208 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,219,834 |
| Total assets | $33,352,471 |
| Accounts payable and accrued expenses | $300,069 |
| Grants payable | $0 |
| Deferred revenue | $5,933 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $33,406,801 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,116 |
| Total liabilities | $33,774,919 |
| Net assets without donor restrictions | -$422,448 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,352,471 |