NonprofitsSatellite Aha Development Inc

Housing & Shelter

Satellite Aha Development Inc

BERKELEY, CA

Total revenue

$7.7M

Total expenses

$13.2M

Net assets

Grants received

$9.0M

7 grants

EIN

943248729

Tax year

2024

Mission

To benefit & support satellite affordable housing associates in carrying out its purposes by (1) providing affordable housing for low income persons & (2) by serving as a general partner in limited partnerships which own and operate housing for the benefit of low income persons.

Programs

2 programs

The corporation owns and operates 3 buildings, comprising of 142 units of low-income housing in oakland, berkeley, and concord, california.

Expenses: $2.9M

The corporation provides grants of general support to satellite affordable housing associates, a related california nonprofit public benefit corporation.

Expenses: $417KGrants: $417K

Financials

FY 2024

Revenue

Contributions & grants$4.2M
Program service revenue$3.1M
Investment income$363K
Other revenue$178
Total revenue$7.7M

Expenses

Grants paid$417K
Salaries & benefits$733K
Fundraising
Other expenses$12.0M
Total expenses$13.2M
Total assets$19.3M
Net assets

People

5 listed

NameRoleCompensation

MIKE JACOB

PRESIDENT

Board

0.1 hrs/wk

ANTHONY BARRON

SECRETARY

Board

0.1 hrs/wk

GREG CHIN

DIRECTOR

Board

0.1 hrs/wk

SUSAN FRIEDLAND

CEO

Board

0.1 hrs/wk

JOSE SANCHEZ

VP OF FINANCE

Board

0.1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$929K
GNRL SUPPORT: DEV LOW INC HSG
2023
$3.7M
GNRL SUPPORT: DEV LOW INC HSG
2022
$1.5M
GNRL SUPPORT: DEV LOW INC HSG
2021
$1.2M
GNRL SUPPORT: DEV LOW INC HSG
2020
$1.0M
GNRL SUPPORT: DEV LOW INC HSG
2019
$201K
GNRL SUPPORT: DEV LOW INC HSG
2018
$406K
GNRL SUPPORT: DEV LOW INC HSG
2017

Funded by

$9.0M from 1 funder · 7 grants · 2017–2023

Satellite Affordable Housing Associates

$9.0M · 7 grants · 2017–2023

Details

EIN943248729
NTEE codeL80Z
Subsection03
Ruling date1998-02
Formed1996
Employees0
Volunteers0
SATELLITE AHA DEVELOPMENT INC — Mission, Financials & Grants Received | Grantivo