THE LLC OPERATES RESIDENTIAL APARTMENTS (115) TO PROVIDE RELATIVELY LOW-COST HOUSING FOR THE AGED. ABOUT 120 OR MORE ELDERLY PEOPLE AND COUPLES ARE SERVED, AT ANY ONE TIME, DURING THE YEAR (DEPENDING ON OCCUPANCY AND WHETHER MARRIED OR SINGLE RESIDENTS ARE RENTING AN APARTMENT). THE LLC IS A WHOLLY OWNED ENTITY OF SIERRA VIEW HOMES (CALIFORNIA CORPORATION). SIERRA VIEW HOMES IS A TAX-EXEMPT IRC 501(C)(3) ORGANIZATION FOR BOTH FEDERAL AND CALIFORNIA. THE LLC OPERATES IN THE FOLLOWING MANNER: 1. THE LLC IS AN IRC 509(A)(3) SUPPORTING ORGANIZATION AND OPERATES THE RESIDENTIAL APARTMENTS ON BEHALF OF SIERRA VIEW HOMES. 2. ALL THE NET INCOME OF THE LLC IS DISTRIBUTED TO SIERRA VIEW HOMES. THE LLC HAS NO ASSETS OF ITS OWN AS IT MERELY OPERATES THE RESIDENTIAL APARTMENTS FOR SIERRA VIEW HOMES. 3. SIERRA VIEW HOMES OWNS THE REAL ESTATE AND FURNISHINGS OF THE RESIDENTIAL APARTMENTS. IT IS LEASING THE FACILITY TO THE LLC FOR A NOMINAL AMOUNT.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in California.
| Position | Total |
|---|---|
Executive Director Below 10th percentile | $5k $5k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at SIERRA VIEW RESIDENCES LLC equaled 0.2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SIERRA VIEW RESIDENCES LLC
What does the Chief Executive Officer of SIERRA VIEW RESIDENCES LLC earn?
In 2024, the Chief Executive Officer of SIERRA VIEW RESIDENCES LLC received $4,746 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in California: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SIERRA VIEW RESIDENCES LLC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in California, the 2024 pay of the Chief Executive Officer at SIERRA VIEW RESIDENCES LLC falls in the bottom 10%. In 2024, the highest total compensation at SIERRA VIEW RESIDENCES LLC equaled 0.2% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SIERRA VIEW RESIDENCES LLC's revenue and expenses?
In 2024, SIERRA VIEW RESIDENCES LLC reported $2.5M in total revenue and $2.6M in total expenses on its IRS Form 990.
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