Civic Intelligence

Satellite Communities Inc.

990EZ • Fiscal year 2020 • EIN 27-3492839

Oct 01, 2019 to Sep 30, 2020 • Filed on Dec 08, 2020

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

64th percentile

0.02x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

0.96x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

40th percentile

-0.1%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

0.0%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

3.0%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$296,494

Up $99 (+0.0%) from 2019

Net Assets

Down

$291,946

Down $5 (-0.0%) from 2019

Liabilities

Up

$4,548

Up $104 (+2.3%) from 2019

Revenue

Up

$4,756

Up $139 (+3.0%) from 2019

Expenses

Up

$4,761

Up $138 (+3.0%) from 2019

Net Income

Up

-$5

Up $1 (+17%) from 2019

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

2020

Assets$296,494
Liabilities$4,548
Net Assets$291,946

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

2020

Revenue$4,756
Expenses$4,761
Net Income-$5
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Dec 8, 2020
Return Version
2019v5.0
Gross Receipts
$4,756
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.$4,761-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON RIDLEYChairman-$0--
RAULY BUTLERVice Chair-$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--
TREVA REIDMember-$0--
JAMES REILLYMember-$0--
ALFRED REYNOLDSMember-$0--
SMITHA SESHADRIMember-$0--
SUSAN FRIEDLANDCEO-$0--
STEVE HERMANVP 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
2020-12-08
Discuss with paid preparer
Yes

Preparer

Firm
Spiteri Narasky & Daley LLP
Address
1024 Country Club Dr, Moraga, CA 94556
Preparer
Brieanne E Fairley
Phone
9253762195
Supplemental Narrative

Additional Explanations

Other Expenses.1

Partnership admin fees $4744

Other Expenses.2

Allocable share ps expenses $17

Other Assets.1

INVESTMENT IN JACK CAPON VILLA LLC - Beginning $291951 INVESTMENT IN JACK CAPON VILLA LLC - Ending $291946

Other Assets.2

PARTNERSHIP ADMIN FEES RECEIVABLE - Beginning $4444 PARTNERSHIP ADMIN FEES RECEIVABLE - Ending $4548

Total Liabilities.1

PARTNERSHIP ADMIN FEE PAYABLE - Beginning $4444 PARTNERSHIP ADMIN FEE PAYABLE - Ending $4548

Raw XML Appendix197 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RON RIDLEY
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IRS990ScheduleA/IRSWrittenDeterminationInd0X
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0943186770
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt04761
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IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARTNERSHIP ADMIN FEES $4744
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALLOCABLE SHARE PS EXPENSES $17
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT IN JACK CAPON VILLA LLC - Beginning $291951 INVESTMENT IN JACK CAPON VILLA LLC - Ending $291946
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PARTNERSHIP ADMIN FEES RECEIVABLE - Beginning $4444 PARTNERSHIP ADMIN FEES RECEIVABLE - Ending $4548
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PARTNERSHIP ADMIN FEE PAYABLE - Beginning $4444 PARTNERSHIP ADMIN FEE PAYABLE - Ending $4548
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1
ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN FRIEDLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Satellite Communities Inc
ReturnHeader/Filer/BusinessNameControlTxt0SATE
ReturnHeader/Filer/EIN0273492839
ReturnHeader/Filer/PhoneNum05106470700
ReturnHeader/Filer/USAddress/AddressLine1Txt01835 Alcatraz Avenue
ReturnHeader/Filer/USAddress/CityNm0Berkeley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094703
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680199099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Spiteri Narasky & Daley LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01024 Country Club Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Moraga
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094556
ReturnHeader/PreparerPersonGrp/PhoneNum09253762195
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brieanne E Fairley
ReturnHeader/ReturnTs02020-12-16T14:49:00-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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Filings