Overview
What is Mid-Peninsula Country Hills Inc?
Mid-Peninsula Country Hills Inc is a nonprofit organization located in Foster City, California. Their primary focus is providing affordable housing for low and moderate-income households. Operating under a regulatory agreement with the California Housing Finance Agency (CHFA), Mid-Peninsula Country Hills Inc ensures compliance with this agreement while offering high-quality housing options. In collaboration with related organizations, the organization's mission is to establish stability, opportunities, and diverse communities, fostering a sense of dignity, harmony, and mutual respect among its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Mid-Peninsula Country Hills Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and financial management. The organization scored an impressive 79% overall, showcasing a strong commitment to transparency and governance, with a fully independent board and comprehensive oversight mechanisms in place.
The charity's financial health is highlighted by a remarkable program expense ratio of 93.48%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the organization has established robust policies regarding conflicts of interest, whistleblower protections, and document retention, which enhance its credibility and operational integrity.
However, while the rating demonstrates a strong financial and governance standing, there is always room for improvement in areas such as fundraising efficiency and community outreach strategies to further bolster its impact and reach. Overall, Mid-Peninsula Country Hills Inc is positioned well within its sector, with a clear focus on maintaining high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-Peninsula Country Hills Inc legitimate?
Mid-Peninsula Country Hills Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Country Hills 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: $218,400
For more financial information, click here
What is the mission statement of Mid-Peninsula Country Hills Inc?
Mid-Peninsula Country Hills Inc, in partnership with related organizations, has a mission to provide safe and high-quality affordable housing for individuals and families with low to moderate income. This mission aims to establish stability and opportunities in the lives of residents, fostering diverse communities where people from various ethnic, social, and economic backgrounds can live with dignity, harmony, and mutual respect.
Who is the CEO of Mid-Peninsula Country Hills Inc?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula Country Hills Inc. The CEO's salary of Mid-Peninsula Country Hills Inc is $0 and their total compensation is $660,095.
What is the revenue of Mid-Peninsula Country Hills Inc?
Mid-Peninsula Country Hills Inc's revenue in 2022 was $3,060,784.
Who are the executives of Mid-Peninsula Country Hills Inc and what are their salaries?
Here are 19 key members and their salaries (Mid-Peninsula Country Hills Inc's CEO's salary is $0 and their total compensation is $660,095):
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- Related: $606,526
- Other: $53,569
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- Related: $402,180
- Other: $21,754
- Compensation: $0
- Related: $420,159
- Other: $55,781
- Compensation: $0
- Related: $459,933
- Other: $42,379
- Compensation: $0
- Related: $292,945
- Other: $43,099
Where can I find the form 990 for Mid-Peninsula Country Hills Inc?
Mid-Peninsula Country Hills Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mid-Peninsula Country Hills Inc
Mid-Peninsula Country Hills Inc, in accordance with its mission, works towards providing safe and affordable housing of high quality for individuals and families with low to moderate incomes. This nonprofit organization, in collaboration with related organizations, strives to establish stability and opportunities in the lives of its residents, fostering diverse communities that encourage mutual respect and harmony among people from various ethnic, social, and economic backgrounds. By adhering to a regulatory agreement with the California Housing Finance Agency (CHFA), Mid-Peninsula Country Hills Inc plays a significant role in upholding the right to decent living for those in need, thereby contributing to a more inclusive and harmonious society.
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Impact
July, 2024
Mid-Peninsula Country Hills Inc's impact is significant as it provides housing for low and moderate-income households in compliance with a regulatory agreement with the California Housing Finance Agency (CHFA). The organization operates an affordable housing complex in Foster City, CA, with the mission of providing safe, affordable housing of high quality to those in need. By offering stability and opportunity in the lives of residents, Mid-Peninsula Country Hills fosters diverse communities where individuals from all backgrounds can live in dignity, harmony, and mutual respect.
This information is meant to be a general summary of Mid-Peninsula Country Hills 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: -$10,751
- Program Service Revenue: $2,011,980
- Gross Receipts: $3,078,785
Assets and Liabilities:
- Total Assets: $6,926,013
- Total Liabilities: $6,336,209
- Net Assets: $589,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,945,851
OTHER INCOME
Revenue
$66,129
Organization Details
Founding Year
1990
Phone
(650) 356-2900Principal Officer
Matthew O Franklin
Main Address
303 VINTAGE PARK DRIVE 250, FOSTER CITY, CA, 94404
NTEE Category
Code: L20 - Housing
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