Overview
What is Mid Peninsula Seven Trees Inc?
Mid Peninsula Seven Trees Inc is a nonprofit organization situated in Foster City, California. Their primary mission is to offer high-quality, safe, and affordable housing to low-income families. In collaboration with related organizations, they aim to establish stability and opportunities in the lives of their residents, fostering diverse communities where individuals from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. The organization is committed to providing a home for those in need, ultimately contributing to a more inclusive and respectful society.
Official website here: www.midpen-housing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
Mid Peninsula Seven Trees Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization's overall score is based entirely on its accountability and finance metrics, where it achieved a notable 93%. This rating signifies that the nonprofit operates with a high level of integrity and is effectively managing its resources.
A key strength of Mid Peninsula Seven Trees Inc lies in its governance practices, featuring a board composed entirely of independent members. The organization has demonstrated excellent oversight through its Audit and Oversight Committee and has policies in place to address conflicts of interest and whistleblower protections. Additionally, the nonprofit showcases impressive financial health, with a program expense ratio of 97.01%, indicating that a significant majority of its expenses are directed toward its mission.
While the organization scored well overall, there is a minor area for improvement regarding the liabilities to assets ratio, which stands at 54.57%. Although it performed well, this metric suggests that the nonprofit could benefit from strategies to enhance its financial stability. Overall, Mid Peninsula Seven Trees Inc clearly demonstrates strong accountability and a dedication to its mission, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Mid Peninsula Seven Trees Inc legitimate?
Mid Peninsula Seven Trees Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Peninsula Seven Trees 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: $188,954
For more financial information, click here
Official website here: www.midpen-housing.org
What is the mission statement of Mid Peninsula Seven Trees Inc?
Mid Peninsula Seven Trees Inc, in conjunction with related organizations, strives to provide safe and affordable high-quality housing to those in need. Their mission is also aimed at establishing stability and opportunities in the lives of residents. Furthermore, they aim to foster diverse communities that encourage people from various ethnic, social, and economic backgrounds to live together in dignity, harmony, and mutual respect.
Official website here: www.midpen-housing.org
Who is the CEO of Mid Peninsula Seven Trees Inc?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid Peninsula Seven Trees Inc. The CEO's salary of Mid Peninsula Seven Trees Inc is $0 and their total compensation is $660,095.
Official website here: www.midpen-housing.org
What is the revenue of Mid Peninsula Seven Trees Inc?
Mid Peninsula Seven Trees Inc's revenue in 2022 was $2,189,414.
Official website here: www.midpen-housing.org
Who are the executives of Mid Peninsula Seven Trees Inc and what are their salaries?
Here are 19 key members and their salaries (Mid Peninsula Seven Trees Inc's CEO's salary is $0 and their total compensation is $660,095):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $606,526
- Other: $53,569
- Compensation: $0
- Related: $402,180
- Other: $21,754
- Compensation: $0
- Related: $459,933
- Other: $42,379
- Compensation: $0
- Related: $420,159
- Other: $55,781
- 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 Seven Trees Inc?
Mid Peninsula Seven Trees 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 Mid Peninsula Seven Trees Inc
Mid Peninsula Seven Trees Inc, in conjunction with related organizations, is committed to providing safe and affordable housing of high quality to individuals in need. Their mission is multifaceted, aiming not only to establish stability and opportunities in the lives of residents but also to foster diverse communities. This organization believes in creating an environment where people from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. By providing such housing, Mid Peninsula Seven Trees Inc aims to contribute to the betterment of society, promoting equality and understanding among its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Mid Peninsula Seven Trees Inc's impact is evident in its mission to provide safe, affordable housing of high quality to those in need. By establishing stability and opportunity in the lives of residents, this organization fosters diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect. Through its focus on providing quality, safe, and affordable housing for low-income families, Mid Peninsula Seven Trees Inc is making a significant impact on improving the living conditions and opportunities for those in need in Foster City, CA.
This information is meant to be a general summary of Mid Peninsula Seven Trees 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $44,604
- Program Service Revenue: $1,547,248
- Gross Receipts: $2,261,893
Assets and Liabilities:
- Total Assets: $14,907,600
- Total Liabilities: $8,135,366
- Net Assets: $6,772,234
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,364,177
MANAGEMENT FEES
Revenue
$135,862
INCENTIVE FEE
Revenue
$26,820
Organization Details
Founding Year
1989
Phone
(650) 356-2900Principal Officer
Matthew O Franklin
Main Address
303 VINTAGE PARK DRIVE 250, FOSTER CITY, CA, 94404
Website
www.midpen-housing.orgNTEE Category
Code: L200 - Housing
If you are a representative of Mid Peninsula Seven Trees Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.