Civic Intelligence

Satellite Communities Inc.

990EZ • Fiscal year 2016 • EIN 27-3492839

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 16, 2017

1835 Alcatraz AvenueBerkeley, CA 94703

(510) 647-0700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.75x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

40th percentile

-0.2%

Higher net margin than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

47th percentile

0.0%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$295,152

Up $85 (+0.0%) from 2015

Net Assets

Down

$291,968

Down $8 (-0.0%) from 2015

Liabilities

Up

$3,184

Up $93 (+3.0%) from 2015

Revenue

Down

$4,223

Down $290,918 (-99%) from 2015

Expenses

Down

$4,231

Down $2,884 (-41%) from 2015

Net Income

Down

-$8

Down $288,034 (-100%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2016

Assets$295,152
Liabilities$3,184
Net Assets$291,968

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$4,223
Expenses$4,231
Net Income-$8
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 16, 2017
Return Version
2015v3.0
Gross Receipts
$4,223
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.

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.$4,231-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANTHONY BARRONChairman-$0--
MIKE JACOBVice Chair-$0--
FRANCINE WILLIAMSSecretary-$0--
RON RIDLEYTreasurer-$0--
RAULY BUTLERMember-$0--
SAGE B FOSTERMember-$0--
DAVID GREENSFELDERMember-$0--
RALPH HAYWARDMember-$0--
KAREN JACOBSMember-$0--
JOY MOOREMember-$0--
TREVA REIDMember-$0--
JAMES REILLYMember-$0--
ALFRED REYNOLDSMember-$0--
SCOTT SMITHMember-$0--
SMITHA SESHADRIMember-$0--
SUSAN FRIEDLANDExecutive Director-$0--
JEFF HODOSCFO-$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
Executive Director
Signed
2017-01-16
Discuss with paid preparer
Yes

Preparer

Firm
Spiteri Narasky & Daley LLP
Address
1024 Country Club Dr, Moraga, CA 94556
Preparer
Claude A Persons
Phone
9253762195
Supplemental Narrative

Additional Explanations

Other Expenses.1

Partnership mgt fees $4215

Other Expenses.2

Allocable share ps expenses $16

Other Assets.1

INVESTMENT IN JACK CAPON VILLA LLC - Beginning $291976 INVESTMENT IN JACK CAPON VILLA LLC - Ending $291968

Other Assets.2

PARTNERSHIP MGMT FEES RECEIVABLE - Beginning $3091 PARTNERSHIP MGMT FEES RECEIVABLE - Ending $3184

Total Liabilities.1

PARTNERSHIP MGMT FEE PAYABLE - Beginning $3091 PARTNERSHIP MGMT FEE PAYABLE - Ending $3184

Raw XML Appendix201 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARTNERSHIP MGT FEES $4215
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALLOCABLE SHARE PS EXPENSES $16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT IN JACK CAPON VILLA LLC - Beginning $291976 INVESTMENT IN JACK CAPON VILLA LLC - Ending $291968
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PARTNERSHIP MGMT FEES RECEIVABLE - Beginning $3091 PARTNERSHIP MGMT FEES RECEIVABLE - Ending $3184
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Satellite Communities Inc
ReturnHeader/Filer/BusinessNameControlTxt0SATE
ReturnHeader/Filer/EIN0273492839
ReturnHeader/Filer/PhoneNum05106470700
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ReturnHeader/Filer/USAddress/CityNm0Berkeley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094703
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01024 Country Club Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Moraga
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094556
ReturnHeader/PreparerPersonGrp/PhoneNum09253762195
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Claude A Persons
ReturnHeader/ReturnTs02017-01-23T09:58:06-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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Filings