NonprofitsLake Merritt Asian Cultural Arts Center Affordable Housing Corp

Public & Societal Benefit

Lake Merritt Asian Cultural Arts Center Affordable Housing Corp

OAKLAND, CA

Total revenue

$67K

Total expenses

$56K

Net assets

$285K

Grants received

EIN

463434797

Tax year

2024

Mission

Lease affordable instructional space for the teaching of Asian Martial Arts. The space is leased to about 5 martial arts providers on an hourly basis. Most of the hours are rented by non-profit organizations providing low cost to free instruction to more than 200 residents of Oakland and surrounding cities Lease the residential portion of the property to 6 low income residents of Oakland CA at affordable rates. In 2024 there was 100% occupancy. Most of the residents are involved in providing low cost to free martial arts and self-defense training to Oakland youths and adults.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$67K
Investment income
Other revenue
Total revenue$67K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$56K
Total expenses$56K
Total assets$570K
Net assets$285K

People

6 listed

NameRoleCompensation

Noya Kansky

Resident Director

Board

0.25 hrs/wk

Rowan Powell

Resident Director, President

Board

0.25 hrs/wk

Timothy Sheehan

Artist Director

Board

0.25 hrs/wk

Amanda Marini

General Director

Board

0.25 hrs/wk

Uchechukwu Mowete

Artist Director

Board

0.25 hrs/wk

Michael Esmailzadeh

CFO

Board

2 hrs/wk

Details

EIN463434797
NTEE codeW99
Subsection04
Ruling date2014-07
Formed2013
Employees0
Volunteers6
LAKE MERRITT ASIAN CULTURAL ARTS CENTER AFFORDABLE HOUSING CORP — Mission, Financials & Grants Received | Grantivo