Overview
What is Mid-Peninsula Sharmon Palms Corporation?
Mid-Peninsula Sharmon Palms Corporation is a nonprofit organization located in Foster City, California. Its primary mission is to provide affordable housing to low-income families, operating under the name Sharmon Palms Apartments. The corporation has acquired and rehabilitated a 36-unit apartment complex in Campbell, California, catering to low- and moderate-income households. By offering safe, high-quality housing, Mid-Peninsula Sharmon Palms Corporation aims to establish stability and opportunities in the lives of its residents, fostering diverse communities that promote mutual respect and harmony among individuals from various ethnic, social, and economic backgrounds.
Official website here: www.midpen-housing.org
Is Mid-Peninsula Sharmon Palms Corporation legitimate?
Mid-Peninsula Sharmon Palms Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Sharmon Palms 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 Sharmon Palms Corporation?
Mid-Peninsula Sharmon Palms Corporation, in conjunction with related organizations, aims to provide high-quality, safe, and affordable housing for individuals in need. This mission is designed to establish stability and opportunities in the lives of residents, and it fosters diverse communities that allow people from various ethnic, social, and economic backgrounds to live with dignity, harmony, and mutual respect.
Official website here: www.midpen-housing.org
Who is the CEO of Mid-Peninsula Sharmon Palms Corporation?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula Sharmon Palms Corporation. The CEO's salary of Mid-Peninsula Sharmon Palms Corporation is $0 and their total compensation is $660,095.
Official website here: www.midpen-housing.org
What is the revenue of Mid-Peninsula Sharmon Palms Corporation?
Mid-Peninsula Sharmon Palms Corporation's revenue in 2022 was $2.
Official website here: www.midpen-housing.org
Who are the executives of Mid-Peninsula Sharmon Palms Corporation and what are their salaries?
Here are 19 key members and their salaries (Mid-Peninsula Sharmon Palms Corporation's CEO's salary is $0 and their total compensation is $660,095):
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- Related: $606,526
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- 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 Sharmon Palms Corporation?
Mid-Peninsula Sharmon Palms 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 Sharmon Palms Corporation
Mid-Peninsula Sharmon Palms Corporation, a nonprofit organization, is dedicated to fulfilling a mission that extends beyond merely acquiring and operating a 36-unit apartment complex. In conjunction with related organizations, their mission is multifaceted. Firstly, the corporation strives to provide low- and moderate-income households with safe and high-quality housing. This objective is not merely about offering shelter; it's about establishing stability and opportunities in the lives of its residents.
Secondly, Mid-Peninsula Sharmon Palms Corporation aims to foster diverse communities. They believe in creating living spaces where people from various ethnic, social, and economic backgrounds can live in harmony and mutual respect. This sense of unity and equality is vital for promoting a positive living environment that allows every individual to live with dignity. In essence, the corporation's mission is to contribute to the betterment of society by providing affordable housing and fostering inclusive communities.
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Impact
October, 2024
Mid-Peninsula Sharmon Palms Corporation significantly impacts the community by providing affordable housing options for low- and moderate-income households in Campbell, California. Operating under the name Sharmon Palms Apartments, the organization focuses on acquiring, rehabilitating, and managing a 36-unit apartment complex, ensuring that residents have access to safe and quality living conditions.
This initiative plays a crucial role in establishing stability and opportunity for residents, enabling families to thrive in an environment that fosters mutual respect and harmony. By promoting diverse communities, the organization supports individuals from various ethnic, social, and economic backgrounds, helping to break down barriers and create inclusive neighborhoods. The corporation's commitment to affordable housing not only enhances the quality of life for its residents but also contributes positively to the broader community by encouraging social cohesion and support systems among neighbors.
This information is meant to be a general summary of Mid-Peninsula Sharmon Palms 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2
- Gross Receipts: $2
Assets and Liabilities:
- Total Assets: $651
- Total Liabilities: $2,925
- Net Assets: -$2,274
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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: L20Z - Housing
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