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San Mateo County Colleges Educational Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201880465 ✦ San mateo, CA ✦ Designated as a 501(c)(3)

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Overview

What is San Mateo County Colleges Educational Housing Corporation?

San Mateo County Colleges Educational Housing Corporation is a nonprofit organization situated in San Mateo, California. Recognizing the substantial housing expenses in the area, the organization has taken steps to assist faculty and staff by providing them with affordable housing options. The corporation manages 134 housing units across three campuses: College of San Mateo, Canada College, and Skyline College. Eligible employees can reside in these units for up to seven years, paying rent that is below market rate. The primary mission of the organization is to support the San Mateo County Community College District.

Is San Mateo County Colleges Educational Housing Corporation legitimate?

San Mateo County Colleges Educational Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Mateo County Colleges Educational Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of San Mateo County Colleges Educational Housing Corporation?

The San Mateo County Colleges Educational Housing Corporation's mission is centered around providing support to the San Mateo County Community College District. In response to high housing costs, the corporation has taken initiative to assist district faculty and staff by offering affordable housing options. With 134 housing units across three college sites, eligible employees can reside in these units for up to seven years at below-market rates. The corporation's primary goal is to alleviate the financial burden of housing for district staff, thereby ensuring their ability to focus on their roles within the district.

Who is the CEO of San Mateo County Colleges Educational Housing Corporation?

Unavailable

What is the revenue of San Mateo County Colleges Educational Housing Corporation?

San Mateo County Colleges Educational Housing Corporation's revenue in 2023 was $174,889.

Who are the executives of San Mateo County Colleges Educational Housing Corporation and what are their salaries?

There 4 volunteers at San Mateo County Colleges Educational Housing Corporation.


Here are 6 key members and their salaries:


Dennis Mcbride (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Goodman (Director & Vice President-Secretary)
  • Compensation: $0
  • Related: $10,470
  • Other: $1,612
Michael Pierce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Marshall (Director)
  • Compensation: $0
  • Related: $122,284
  • Other: $42,361
Jonathan Wax (Director)
  • Compensation: $0
  • Related: $96,996
  • Other: $34,955
Richard Holober (Director)
  • Compensation: $0
  • Related: $9,653
  • Other: $10,852
Where can I find the form 990 for San Mateo County Colleges Educational Housing Corporation?

San Mateo County Colleges Educational Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of San Mateo County Colleges Educational Housing Corporation

San Mateo County Colleges Educational Housing Corporation, in its mission, aims to provide support to the San Mateo County Community College District. Recognizing the exorbitant housing costs that are prevalent in the region, this organization has taken initiative. It now manages a total of 134 housing units spread across all three campuses: College of San Mateo, Canada College, and Skyline College. The corporation provides these units to district employees, allowing them to reside there for up to seven years. Moreover, the rent charged is kept below the market rate, offering a much-needed relief from the high housing costs. This initiative by San Mateo County Colleges Educational Housing Corporation demonstrates its commitment to assisting faculty and staff in the district, thereby contributing to their overall well-being and ability to serve the community effectively.

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Impact




October, 2024

The San Mateo County Colleges Educational Housing Corporation significantly alleviates the challenges posed by high regional housing costs for employees of the San Mateo County Community College District. By providing affordable housing options, it fosters a supportive environment for faculty and staff, enabling them to focus on their educational roles without the burden of excessive housing expenses.

With a portfolio of 134 housing units across College of San Mateo, Canada College, and Skyline College, the corporation plays a vital role in enhancing employee satisfaction and retention. Eligible employees can reside in these units for up to seven years, enjoying rents that are below the market rate. This initiative not only helps attract qualified professionals to the district but also contributes positively to the local community by stabilizing the workforce and supporting the educational mission of the colleges. Overall, the corporation is a crucial element in promoting a thriving educational environment within San Mateo County.




This information is meant to be a general summary of San Mateo County Colleges Educational Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$174,889 (2023)
Expenses
$562,963 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,629,477

Assets and Liabilities:

  • Total Assets: $234,481
  • Total Liabilities: $581,837
  • Net Assets: -$347,356

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Organization Details

Founding Year

2006

Main Address

3401 CSM Drive, San Mateo, CA, 94402

NTEE Category

Code: L20 - Housing

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