Mid-Peninsula Carroll Street Inc

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

EIN: 770325449 ✦ Foster city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mid-Peninsula Carroll Street Inc?

Mid-Peninsula Carroll Street Inc, based in Foster City, California, serves as a managing general partner for partnerships with a mission to provide quality, safe, and affordable housing for low-income families. The organization directly manages Garland Plaza, LLC, which shares a similar mission. In conjunction with related organizations, Mid-Peninsula Housing Corporation's mission is to offer safe, affordable housing of high quality to those in need, establish stability, and foster diverse communities that enable people from various backgrounds to live in harmony and mutual respect.


Official website here: www.midpen-housing.org

Is Mid-Peninsula Carroll Street Inc legitimate?

Mid-Peninsula Carroll Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Carroll Street 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 Mid-Peninsula Carroll Street Inc?

Mid-Peninsula Carroll Street Inc, as a managing general partner of partnerships, is dedicated to providing high-quality, safe, and affordable housing for low-income families. In conjunction with related organizations, Mid-Peninsula Housing Corporation, the organization's mission extends beyond just housing. It aims to establish stability and opportunities in the lives of its residents by providing them with affordable housing. Furthermore, Mid-Peninsula Carroll Street Inc fosters diverse communities that enable people from various ethnic, social, and economic backgrounds to live in harmony and mutual respect.


Official website here: www.midpen-housing.org

Who is the CEO of Mid-Peninsula Carroll Street Inc?

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


Official website here: www.midpen-housing.org

What is the revenue of Mid-Peninsula Carroll Street Inc?

Mid-Peninsula Carroll Street Inc's revenue in 2022 was $428,494.


Official website here: www.midpen-housing.org

Who are the executives of Mid-Peninsula Carroll Street Inc and what are their salaries?


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


Eric Harrison (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Garcia-Kohl (Vice 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
Terry Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Mcdonnell (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
Elisa De Laet Jagerson (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
Jennifer Martinez (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
Michael J Vergura (Cfo / Assistant Secretary)
  • Compensation: $0
  • Related: $420,159
  • Other: $55,781
Janine Lind (Coo / Assistant Secretary)
  • Compensation: $0
  • Related: $459,933
  • Other: $42,379
Lance Smith (Vp/Corp. 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 Carroll Street Inc?

Mid-Peninsula Carroll Street 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 Carroll Street Inc

Mid-Peninsula Carroll Street Inc, as a managing general partner of collaborative partnerships, is dedicated to providing high-quality, affordable housing for families with low income. In conjunction with related organizations, Mid-Pen Housing Corporation, another entity under its umbrella, aims to offer safe and affordable housing options to those in need. The mission of Mid-Peninsula Carroll Street Inc extends beyond just providing housing; it seeks to establish stability and opportunities in the lives of its residents. The organization strives to cultivate diverse communities where individuals from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. By providing affordable housing, Mid-Peninsula Carroll Street Inc is not only addressing a fundamental need but also fostering a sense of community and equality, enabling all its residents to thrive.

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Impact




October, 2024

Mid-Peninsula Carroll Street Inc significantly impacts the community by ensuring that low-income families have access to quality, safe, and affordable housing. By serving as the managing general partner of various partnerships, including Carroll Street Associates and MP Fair Oaks I, LP, the organization works directly to enhance living conditions for individuals and families facing economic challenges.

Its commitment is evident in its role at Garland Plaza, LLC, which further extends its mission through a partnership aimed at providing similar housing opportunities. The organization's efforts contribute to the establishment of stable living environments that promote dignity and mutual respect among diverse populations. By focusing on high-quality housing, Mid-Peninsula Carroll Street Inc not only addresses immediate shelter needs but also fosters community development and integration across different ethnic, social, and economic backgrounds, cultivating a harmonious and supportive living atmosphere.




This information is meant to be a general summary of Mid-Peninsula Carroll Street 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
$428,494 (2022)
Expenses
$245,102 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $821
  • Program Service Revenue: $427,673
  • Gross Receipts: $428,494

Assets and Liabilities:

  • Total Assets: $503,130
  • Total Liabilities: $859,642
  • Net Assets: -$356,512

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Programs

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

INCENTIVE FEE

Revenue

$200,999

INVESTMENT INCOME FROM

Revenue

$167,576

PARTNERSHIP MGMT FEE

Revenue

$59,098

Organization Details

Founding Year

1992

Principal Officer

Matthew O Franklin

Main Address

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

NTEE Category

Code: L20 - Housing

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