Sr Senior Housing Inc

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

EIN: 770139108 ✦ Foster city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sr Senior Housing Inc?

Sr Senior Housing Inc is a nonprofit organization based in Foster City, California, with an address at 303 Vintage Park Drive 250. Their primary mission is to develop and manage affordable housing facilities, catering to low-income families, the elderly, and individuals with disabilities. The organization acts as the general partner in Sr Fountains Limited Partnership, which oversees the operation of these affordable housing units. Their ultimate aim is to provide high-quality, safe, and affordable housing, establish stability and opportunities for their residents, and foster inclusive communities where people from diverse backgrounds can live in dignity, harmony, and mutual respect.


Official website here: www.midpen-housing.org

Is Sr Senior Housing Inc legitimate?

Sr Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sr Senior Housing 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.


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


Official website here: www.midpen-housing.org

What is the mission statement of Sr Senior Housing Inc?

Sr Senior Housing Inc's mission is centered around providing high-quality, affordable housing for individuals who are low-income, elderly, or have disabilities. The organization strives to establish stability and opportunities in the lives of its residents, fostering communities that promote dignity, harmony, and mutual respect among people from diverse ethnic, social, and economic backgrounds. By serving as a general partner in SR Fountains Limited Partnership, Sr Senior Housing Inc contributes to the operation of affordable housing for low-income families, ensuring they have a secure place to live.


Official website here: www.midpen-housing.org

Who is the CEO of Sr Senior Housing Inc?

Matthew O Franklin is the Secretary of Sr Senior Housing Inc.


Official website here: www.midpen-housing.org

What is the revenue of Sr Senior Housing Inc?

Sr Senior Housing Inc's revenue in 2022 was $322,307.


Official website here: www.midpen-housing.org

Who are the executives of Sr Senior Housing Inc and what are their salaries?


Here are 5 key members and their salaries:


Erin Welch (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Fleming (Cfo And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Vergura (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janine Lind (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew O Franklin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.midpen-housing.org

Where can I find the form 990 for Sr Senior Housing Inc?

Sr Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.midpen-housing.org

Learn more at the official website: www.midpen-housing.org

Mission Statement of Sr Senior Housing Inc

Sr Senior Housing Inc, a nonprofit organization, is dedicated to providing safe and affordable housing for individuals who fall into the categories of low income, elderly, and those with disabilities. Their mission is multifaceted, aiming to establish stability and opportunities in the lives of their residents. By offering high-quality housing, Sr Senior Housing Inc seeks to foster communities that embrace diversity, promoting harmony and mutual respect among people from various ethnic, social, and economic backgrounds. The organization's ultimate goal is to enable these individuals to live with dignity, ensuring they are treated with respect and kindness within their living environment.

As a general partner in Sr Fountains Limited Partnership, Sr Senior Housing Inc operates and manages affordable housing properties for the benefit of low-income families. Their commitment to this cause is not just about providing a roof over heads; it's about creating living spaces that promote a sense of belonging and community. By fostering such an environment, Sr Senior Housing Inc empowers its residents to lead fulfilling lives, free from the stressors often associated with inadequate housing or financial instability. Their mission is a testament to their dedication to improving the lives of underserved populations and contributing to the betterment of society as a whole.

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Impact




October, 2024

Sr Senior Housing Inc significantly impacts the community by developing and operating affordable housing apartments tailored for low-income elderly individuals and persons with disabilities. By serving as the general partner in the Sr Fountains Limited Partnership, the organization effectively owns and manages properties that provide essential housing for low-income families.

The mission is centered on ensuring safe and high-quality housing for those in need, which contributes to stability and creates opportunities in the lives of residents. This approach not only addresses immediate housing needs but also fosters a sense of community that promotes dignity, harmony, and mutual respect among people from various ethnic, social, and economic backgrounds. The organization's focus on affordable housing plays a crucial role in enhancing the quality of life for vulnerable populations in Foster City, CA, and surrounding areas.




This information is meant to be a general summary of Sr Senior Housing Inc. 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
$322,307 (2022)
Expenses
$409,622 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $322,307
  • Gross Receipts: $322,307

Assets and Liabilities:

  • Total Assets: $5,861,140
  • Total Liabilities: $2,960,087
  • Net Assets: $2,901,053

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Programs

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

GROUND LEASE INTEREST

Revenue

$149,306

GROUND LEASE INCOME

Revenue

$147,082

PARTNERSHIP MGMT FEE

Revenue

$25,919

Organization Details

Founding Year

1986

Principal Officer

Matthew O Franklin

Main Address

303 VINTAGE PARK DRIVE 250, FOSTER CITY, CA, 94404

NTEE Category

Code: L22 - Housing

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