Hookston Senior Homes Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
(1) TO PROVIDE HOUSING FOR LOW INCOME PERSONS, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS; AND (2) TO SERVE AS A GENERAL PARTNER IN A LIMITED PARTNERSHIP WHICH OWNS AND OPERATES HOUSING FOR THE BENEFIT OF LOW INCOME PERSONS WHO ARE IN NEED OF AFFORDABLE, DECENT, SAFE AND SANITARY HOUSING AND RELATED SERVICES, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS; AND (3) TO SUPPORT THE PURPOSES OF SATELLITE AFFORDABLE HOUSING ASSOCIATES, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.
- Income
- $35.8 million
- Spending
- $16.0 million
- Spent on programs
- 100%
- Reserves
- 26.5 months of spending
- Largest source of income
- donations and private grants, 66%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $385,727, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 95% of charities in its peer group (housing, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 26.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 55% of income.
Income trend
15 of 15Income rose 60% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 32% of charities in its peer group (housing, $10m to $100m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $16.0 million spent. THE CORPORATION SERVES AS A LIMITED PARTNER IN FOURTEEN LIMITED PARTNERSHIPS WHICH PROVIDE 354 UNITS OF LOW-INCOME HOUSING IN BERKELEY, CA, 298 UNITS OF LOW-INCOME HOUSING IN OAKLAND, CA, 51 UNITS OF LOW-INCOME HOUSING IN FREMONT, CA, 17 UNITS OF LOW-INCOME HOUSING IN WALNUT CREEK, CA, AND 45 UNITS OF LOW-INCOME HOUSING IN SEBASTOPOL, CA. THE CORPORATION ALSO SERVES AS A LIMITED PARTNER IN NINE LIMITED PARTNERSHIPS WHICH ARE CURRENTLY DEVELOPING LOW-INCOME HOUSING PROJECTS IN THE CALIFORNIA BAY AREA.
- $19,383 spent. THE CORPORATION PROVIDES GRANTS FOR GENERAL SUPPORT TO SATELLITE AFFORDABLE HOUSING ASSOCIATES (SAHA), A RELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, IN FURTHERANCE OF SAHA'S EXEMPT PURPOSE OF PROVIDING QUALITY AFFORDABLE HOMES AND SERVICES THAT EMPOWER PEOPLE AND STRENGHTEN NEIGHBORHOODS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.