Civic Intelligence

Satellite Communities Inc.

990EZ • Fiscal year 2023 • EIN 27-3492839

Oct 01, 2022 to Sep 30, 2023 • Filed on Jan 03, 2024

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

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.39x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

41st percentile

-0.2%

Higher net margin than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

50th percentile

0.8%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

3.0%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$299,139

Up $2,437 (+0.8%) from 2022

Net Assets

Down

$291,927

Down $9 (-0.0%) from 2022

Liabilities

Up

$7,212

Up $2,446 (+51%) from 2022

Revenue

Up

$5,195

Up $149 (+3.0%) from 2022

Expenses

Up

$5,204

Up $154 (+3.0%) from 2022

Net Income

Down

-$9

Down $5 (-125%) from 2022

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

2023

Assets$299,139
Liabilities$7,212
Net Assets$291,927

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

2023

Revenue$5,195
Expenses$5,204
Net Income-$9
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jan 3, 2024
Return Version
2022v5.0
Gross Receipts
$5,195
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.$2$5,204
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
2024-01-03
Discuss with paid preparer
Yes

Preparer

Firm
SND Partners LLP
Address
3470 Mt Diablo Blvd Suite A300, Lafayette, CA 94549
Preparer
Claude A Persons
Phone
9253762195
Supplemental Narrative

Additional Explanations

Other Expenses.1

Partnership admin fees $5183

Other Expenses.2

Allocable share ps expenses $19

Other Assets.1

INVESTMENT IN PARTNERSHIP - Beginning $291936 INVESTMENT IN PARTNERSHIP - Ending $291927

Other Assets.2

PARTNERSHIP ADMIN FEES RECEIVABLE - Beginning $4766 PARTNERSHIP ADMIN FEES RECEIVABLE - Ending $7212

Total Liabilities.1

PARTNERSHIP ADMIN FEE PAYABLE - Beginning $4766 PARTNERSHIP ADMIN FEE PAYABLE - Ending $7212

Raw XML Appendix206 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/IRSWrittenDeterminationInd0X
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IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0943186770
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARTNERSHIP ADMIN FEES $5183
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALLOCABLE SHARE PS EXPENSES $19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT IN PARTNERSHIP - Beginning $291936 INVESTMENT IN PARTNERSHIP - Ending $291927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PARTNERSHIP ADMIN FEES RECEIVABLE - Beginning $4766 PARTNERSHIP ADMIN FEES RECEIVABLE - Ending $7212
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-03
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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/PreparerFirmEIN0680199099
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03470 Mt Diablo Blvd Suite A300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lafayette
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094549
ReturnHeader/PreparerPersonGrp/PhoneNum09253762195
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Claude A Persons
ReturnHeader/ReturnTs02024-01-04T14:49:03-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SUSAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRIEDLAND
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits