Mid-Peninsula San Ramon Corporation

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

EIN: 770185730 ✦ Foster city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mid-Peninsula San Ramon Corporation?

Mid-Peninsula San Ramon Corporation is a nonprofit organization based in Foster City, California. Its primary focus lies in providing affordable housing to low-income individuals. As a general partner of several housing associations, including Willow Gardens Housing Associates and Holy Family Associates, among others, the corporation plays a crucial role in ensuring access to decent living spaces for those in need. The organization's mission is multifaceted, aiming to establish stability and opportunities for residents, foster diverse communities, and enable individuals from various ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect. By collaborating with related organizations, Mid-Peninsula San Ramon Corporation contributes significantly to addressing housing inequalities in the community.


Official website here: www.midpen-housing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Mid-Peninsula San Ramon Corporation has received a stellar Four-Star rating from Charity Navigator, indicative of a strong commitment to accountability and financial health. Their impressive score of 96% reflects a robust governance structure, with a fully independent board and effective oversight practices in place. The organization excels in areas like conflict of interest policies and financial transparency, showcasing their dedication to maintaining ethical standards.

The charity's financial management is evidenced by a remarkable program expense ratio of 99.91%, indicating that nearly all of their expenditures are directed towards their programs rather than administrative costs. This high ratio suggests that the organization prioritizes its mission and is effective in utilizing funds to support its initiatives. Furthermore, they have demonstrated no material diversion of assets, enhancing their credibility in the nonprofit sector.

While the data highlights numerous strengths in governance and financial practices, there are no significant limitations noted. This consistent performance across various metrics positions the Mid-Peninsula San Ramon Corporation as a highly trustworthy organization, likely to inspire confidence among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Mid-Peninsula San Ramon Corporation legitimate?

Mid-Peninsula San Ramon Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula San Ramon 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


Official website here: www.midpen-housing.org

What is the mission statement of Mid-Peninsula San Ramon Corporation?

Mid-Peninsula San Ramon Corporation, in collaboration with related organizations, strives to fulfill its mission. This mission primarily focuses on providing secure and reasonably priced housing of superior quality to individuals in need. By accomplishing this, the corporation aims to establish stability and opportunities in the lives of its residents. Furthermore, it seeks to foster diverse communities that allow individuals from various ethnic, social, and economic backgrounds to live in decency, harmony, and mutual respect.


Official website here: www.midpen-housing.org

Who is the CEO of Mid-Peninsula San Ramon Corporation?

Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula San Ramon Corporation. The CEO's salary of Mid-Peninsula San Ramon Corporation is $0 and their total compensation is $660,095.


Official website here: www.midpen-housing.org

What is the revenue of Mid-Peninsula San Ramon Corporation?

Mid-Peninsula San Ramon Corporation's revenue in 2022 was $2,333,614.


Official website here: www.midpen-housing.org

Who are the executives of Mid-Peninsula San Ramon Corporation and what are their salaries?


Here are 19 key members and their salaries (Mid-Peninsula San Ramon Corporation's CEO's salary is $0 and their total compensation is $660,095):


Eric Harrison (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Diaz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enrique Torres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Garcia-Kohl (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Bartlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Battey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Sien Goon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Mcdonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa De Laet Jagerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chan U Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Hollister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew O Franklin (Ceo/President/Asst. Secretary)
  • Compensation: $0
  • Related: $606,526
  • Other: $53,569
Jan Lindenthal (Credo/Assistant Secretary)
  • Compensation: $0
  • Related: $402,180
  • Other: $21,754
Janine Lind (Coo/Assistant Secretary)
  • Compensation: $0
  • Related: $459,933
  • Other: $42,379
Michael J Vergura (Cfo/Asst. Secretary)
  • Compensation: $0
  • Related: $420,159
  • Other: $55,781
Lance Smith (Vp/Corporate Counsel & Broker/Asst. Secretary)
  • Compensation: $0
  • Related: $292,945
  • Other: $43,099


Official website here: www.midpen-housing.org

Where can I find the form 990 for Mid-Peninsula San Ramon Corporation?

Mid-Peninsula San Ramon Corporation'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 Mid-Peninsula San Ramon Corporation

Mid-Peninsula San Ramon Corporation, in collaboration with related organizations, is committed to a mission that strives to provide safe, high-quality, and affordable housing to individuals in need. The corporation's objective is not just limited to housing, but also extends to establishing stability and opportunities in the lives of its residents. By fostering diverse communities, Mid-Peninsula San Ramon Corporation aims to create an environment where people from various ethnic, social, and economic backgrounds can live with dignity, harmony, and mutual respect. This mission is instrumental in allowing individuals to lead fulfilling lives, fostering a sense of unity and understanding among different communities.

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Impact




July, 2024

Mid-Peninsula San Ramon Corporation, in conjunction with related organizations, focuses on providing safe, affordable housing of high quality to those in need. Their mission extends beyond just housing provision; they aim to establish stability and opportunity in the lives of residents and foster diverse communities where individuals from all ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. Through partnerships with various housing associates, such as Willow Gardens Housing Associates and EPA Woodland Associates, Mid-Peninsula San Ramon Corporation plays a crucial role in offering affordable housing to low-income individuals in cities like Foster City, CA. Their impact is tangible in ensuring that marginalized populations have access to decent housing, contributing to overall community well-being and social equity.




This information is meant to be a general summary of Mid-Peninsula San Ramon 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
$2,333,614 (2022)
Expenses
$2,642,350 (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: $2,333,614
  • Gross Receipts: $2,333,614

Assets and Liabilities:

  • Total Assets: $14,265,281
  • Total Liabilities: $1,750
  • Net Assets: $14,263,531

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Programs

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

INCOME FROM PARTNERSHI

Revenue

$2,333,614

Organization Details

Founding Year

1988

Principal Officer

Matthew O Franklin

Main Address

303 VINTAGE PARK 250, FOSTER CITY, CA, 94404

NTEE Category

Code: L80 - Housing

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