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Midtown Homes Inc

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

EIN: 680360646 ✦ San rafael, CA ✦ Designated as a 501(c)(3)

Overview

What is Midtown Homes Inc?

Midtown Homes Inc is a nonprofit organization situated in San Rafael, California. It serves as the general partner for various limited partnerships, contributing to the provision of affordable housing. Specifically, it manages 130 units of low-income housing for families and the elderly in San Jose, California, and 42 units in Santa Clara, California. Additionally, Midtown Homes is associated with two limited liability companies, acting as the general partners for more housing projects in San Jose, providing 230 units for families and the elderly. The organization's primary mission is to carry out the charitable purposes of EAH Inc., a related California nonprofit public benefit corporation, aiming to contribute positively to the community by providing affordable housing options.


Is Midtown Homes Inc legitimate?

Midtown Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midtown Homes Inc 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.

Here 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 Midtown Homes Inc?
Who is the CEO of Midtown Homes Inc?
What is the revenue of Midtown Homes Inc?
Who are the executives of Midtown Homes Inc and what are their salaries?
Where can I find the form 990 for Midtown Homes Inc?

Mission Statement of Midtown Homes Inc

Midtown Homes Inc, as a charitable entity, is committed to fulfilling the charitable functions and carrying out the charitable purposes of EAH Inc., a related California nonprofit public benefit corporation. In accomplishing this mission, Midtown Homes Inc serves as a general partner for two limited partnerships that offer 130 units of low-income housing for families and the elderly in San Jose, California, and 42 units of low-income housing in Santa Clara, California. Additionally, Midtown Homes Inc is a member of two limited liability companies that serve as the general partners for two limited partnerships providing 230 units of low-income housing for families and the elderly in San Jose, California. By providing housing solutions for low-income families and the elderly, Midtown Homes Inc plays a crucial role in contributing to the well-being and stability of its community.

Impact

This information is meant to be a general summary of Midtown Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Midtown Homes Inc serves as a crucial entity in providing low-income housing for families and the elderly in San Jose and Santa Clara, California. Through partnerships and collaborations, the organization has facilitated the availability of 402 units of affordable housing in these areas. This has had a significant impact on the local communities by addressing the pressing need for affordable housing options for vulnerable populations. The work of Midtown Homes Inc directly contributes to improving the quality of life for individuals and families in need of stable and safe housing options.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,228
  • Program Service Revenue: $993,661
  • Gross Receipts: $997,689

    • Assets and Liabilities:
  • Total Assets: $108,308
  • Total Liabilities: $25,161,114
  • Net Assets: -$25,052,806
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ALLOCABLE SHARE PS RENTS

    Revenue

    $885,353

    INCENTIVE MGMT FEES

    Revenue

    $40,800

    PARTNERSHIP MGMT FEES

    Revenue

    $67,508

    Organization Details

    Founding Year

    1995

    Principal Officer

    Cathy Macy

    Main Address

    22 Pelican Way, San Rafael, CA, 94901

    NTEE Category

    Code: L20 - Housing

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