Satellite Affordable Housing Associates

Organization Overview

Satellite Affordable Housing Associates is located in Berkeley, CA. The organization was established in 1993. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Satellite Affordable Housing Associates employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Satellite Affordable Housing Associates 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 06/2022, Satellite Affordable Housing Associates generated $13.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $15.1m during the year ending 06/2022. While expenses have increased by 12.3% per year over the past 7 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.

Since 2015, Satellite Affordable Housing Associates has awarded 28 individual grants totaling $22,785,733. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SATELLITE AFFORDABLE HOUSING ASSOCIATES (SAHA) PROVIDES QUALITY AFFORDABLE HOMES AND SERVICES THAT EMPOWER PEOPLE AND STRENGTHEN NEIGHBORHOODS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MANAGE AND OPERATE AFFORDABLE HOUSING PROJECTS FOR LOW AND MODERATE-INCOME FAMILIES, ELDERLY, AND PERSONS WITH DISABILITIES.


TO DEVELOP AFFORDABLE HOUSING PROJECTS FOR THE BENEFIT OF LOW AND MODERATE-INCOME FAMILIES, ELDERLY, AND PERSONS WITH DISABILITIES.


TO PROVIDE VARIOUS SOCIAL AND TRANSPORTATION SERVICES TO ASSIST RESIDENTS OF AFFORDABLE HOUSING PROJECTS.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Friedland
CEO
$316,305
Thomas Earley
COO
$248,455
Eve Stewart
Sr VP Of Red
$213,397
Miriam Benavides
Chief People Ofcr
$212,504
Steve Herman
VP Of Finance
$176,705
Cristi Ritschel
VP Res & Cmty Svcs
$158,093

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anne Phillips Architecture
Architecture
$108,962
Spiteri Narasky & Daley Llp
Cpa F/s Audits &Tax Rtrns
$100,550
Meea Kang
Development Consulting
$420,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$87,350
Related organizations$2,387,114
Government grants $1,713,595
All other contributions, gifts, grants, and similar amounts not included above$538,647
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,726,706
Total Program Service Revenue$7,853,245
Investment income $990,973
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $27,430
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$6,846
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,591,508

Grants Awarded

Over the last fiscal year, Satellite Affordable Housing Associates has awarded $5,264,053 in support to 3 organizations.

Grant RecipientAmount

SAHA PROPERTY MANAGEMENT INC

Org PageRecipient Profile

Berkeley, CA

PURPOSE: GNRL SUPPORT: LOW INC HSG MGMT

$3,497,442

SATELLITE AHA DEVELOPMENT INC

Org PageRecipient Profile

Berkeley, CA

PURPOSE: GNRL SUPPORT: DEV LOW INC HSG

$1,513,589

CITY OF OAKLAND

PURPOSE: GENERAL SUPPORT

$253,022
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Satellite Affordable Housing Associates has recieved totaling $149,968.

Awarding OrganizationAmount
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$48,667
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT

$40,000
The Housing Partnership Network Inc

Boston, MA

PURPOSE: RESIDENT SERVICES SUPPORT, COUNSELING OUTREACH & INCENTIVES

$30,600
Moms Against Poverty

Burlingame, CA

PURPOSE: battle food insecuity and hunger, improve lives of impoverished people, bring joy to kids in poor circumstances

$15,640
Founders Pledge Inc

New York, NY

PURPOSE: CASH TRANSFERS TO HOUSING-INSECURE INDIVIDUALS

$15,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$61
View Grant Recipient Profile

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