Civic Intelligence

Satellite Communities Inc

EIN 27-3492839 • 501(c)3 • Berkeley, CA

Profile

To benefit and support satellite affordable housing associates, a california nonprofit public benefit corporation, in carrying out its purpose in accordance with the provisions of internal revenue code section 509(a)(3), by providing affordable housing for low-income persons, where no adequate housing exists for such groups.

1835 Alcatraz AvenueBerkeley, CA 94703

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

0.94x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

44th percentile

-0.1%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

54th percentile

0.0%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

56th percentile

3.0%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Down

$296,919

Down $2,220 (-0.7%) from 2023

Liabilities

Down

$4,998

Down $2,214 (-31%) from 2023

Net Assets

Down

$291,921

Down $6 (-0.0%) from 2023

Revenue

Up

$5,353

Up $158 (+3.0%) from 2023

Expenses

Up

$5,359

Up $155 (+3.0%) from 2023

Net Income

Up

-$6

Up $3 (+33%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2015: $295,067Liabilities 2015: $3,091Net Assets 2015: $291,9762015Assets 2016: $295,152Liabilities 2016: $3,184Net Assets 2016: $291,9682016Assets 2017: $295,754Liabilities 2017: $3,792Net Assets 2017: $291,9622017Assets 2018: $296,300Liabilities 2018: $4,343Net Assets 2018: $291,9572018Assets 2019: $296,395Liabilities 2019: $4,444Net Assets 2019: $291,9512019Assets 2020: $296,494Liabilities 2020: $4,548Net Assets 2020: $291,9462020Assets 2021: $296,596Liabilities 2021: $4,656Net Assets 2021: $291,9402021Assets 2022: $296,702Liabilities 2022: $4,766Net Assets 2022: $291,9362022Assets 2023: $299,139Liabilities 2023: $7,212Net Assets 2023: $291,9272023Assets 2024: $296,919Liabilities 2024: $4,998Net Assets 2024: $291,9212024

Highlighted filing

2024

Assets$296,919
Liabilities$4,998
Net Assets$291,921

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $295,141Expenses 2015: $7,115Net Income 2015: $288,0262015Revenue 2016: $4,223Expenses 2016: $4,231Net Income 2016: -$82016Revenue 2017: $4,351Expenses 2017: $4,357Net Income 2017: -$62017Revenue 2018: $4,484Expenses 2018: $4,489Net Income 2018: -$52018Revenue 2019: $4,617Expenses 2019: $4,623Net Income 2019: -$62019Revenue 2020: $4,756Expenses 2020: $4,761Net Income 2020: -$52020Revenue 2021: $4,900Expenses 2021: $4,906Net Income 2021: -$62021Revenue 2022: $5,046Expenses 2022: $5,050Net Income 2022: -$42022Revenue 2023: $5,195Expenses 2023: $5,204Net Income 2023: -$92023Revenue 2024: $5,353Expenses 2024: $5,359Net Income 2024: -$62024

Highlighted filing

2024

Revenue$5,353
Expenses$5,359
Net Income-$6

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$5,353
Mission and Program Overview

Mission

To benefit and support satellite affordable housing associates property management, a california nonprofit public benefit corporation, in carrying out its purpose by providing affordable housing for low-income persons, where no adequate housing exists for such groups and by serving as a general partner in limited partnerships which own and operate housing for the benefit of low-income persons in the san francisco bay area who are in need of affordable, decent, safe and sanitary housing and related services.

To benefit and support satellite affordable housing associates, a california nonprofit public benefit corporation, in carrying out its purpose in accordance with the provisions of internal revenue code section 509(a)(3), by providing affordable housing for low-income persons, where no adequate housing exists for such groups.

Program Services

DescriptionGrantsExpenses
THE CORPORATION SERVES AS THE 58% MANAGING MEMBER OF JACK CAPON VILLA,LLC WHO SERVES AS THE 0.0051% GENERAL PARTNER OF A LIMITED PARTNERSHIP THAT PROVIDES 19 UNITS OF LOW-INCOME HOUSING IN ALAMEDA, CALIFORNIA.-$5,359
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON RIDLEYMember-$0--
RAULY BUTLERChairman-$0--
FRANCINE WILLIAMSSecretary-$0--
SCOTT SMITHTreasurer-$0--
ANTHONY BARRONMember-$0--
SAGE B FOSTERMember-$0--
DAVID GREENSFELDERMember-$0--
MIKE JACOBMember-$0--
KAREN JACOBSMember-$0--
JOY MOOREMember-$0--
JAMES REILLYMember-$0--
GREG CHINMember-$0--
JACEE SANTOSMember-$0--
SMITHA SESHADRIVice Chair-$0--
SUSAN FRIEDLANDCEO-$0--
JOSE SANCHEZVP Of Finance-$0--
Filing and Contact Details

Filer

Filer Name
Satellite Communities Inc
EIN
27-3492839
Phone
5106470700
Address
1835 Alcatraz Avenue, Berkeley, CA 94703

Signing Officer

Name
Susan Friedland
Title
CEO
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
SND Partners LLP
Address
3470 Mt Diablo Blvd Suite A300, Lafayette, CA 94549
Preparer
Brieanne E Fairley
Phone
9253762195
Supplemental Narrative

Additional Explanations

Other Expenses.1

Partnership admin fees $5340

Other Expenses.2

Allocable share ps expenses $19

Other Assets.1

INVESTMENT IN PARTNERSHIP - Beginning $291927 INVESTMENT IN PARTNERSHIP - Ending $291921

Other Assets.2

PARTNERSHIP ADMIN FEES RECEIVABLE - Beginning $7212 PARTNERSHIP ADMIN FEES RECEIVABLE - Ending $4998

Total Liabilities.1

PARTNERSHIP ADMIN FEE PAYABLE - Beginning $7212 PARTNERSHIP ADMIN FEE PAYABLE - Ending $4998

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