Overview
What is Peninsula Volunteer Properties Inc?
Peninsula Volunteer Properties Inc is a nonprofit organization situated in Menlo Park, California, with a specific mission to provide housing for low-income elderly and handicapped individuals. The organization manages two apartment buildings, accommodating 93 and 30 units respectively, to serve this purpose. By doing so, Peninsula Volunteer Properties Inc contributes to the well-being of vulnerable members of society, ensuring they have access to suitable housing.
Is Peninsula Volunteer Properties Inc legitimate?
Peninsula Volunteer Properties Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Peninsula Volunteer Properties 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: $368,559
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What is the mission statement of Peninsula Volunteer Properties Inc?
Peninsula Volunteer Properties Inc, as a corporation, is committed to providing housing for individuals who fall under the categories of low-income elderly and handicapped persons. This is the primary exempt purpose of the organization. To fulfill this mission, Peninsula Volunteer Properties Inc operates two apartment buildings, housing a total of 123 units, specifically designed for this target group. The corporation strives to offer suitable living spaces for these individuals, ensuring they have access to secure and affordable housing.
Who is the CEO of Peninsula Volunteer Properties Inc?
Peter J Olson is the Ceo of Peninsula Volunteer Properties Inc. The CEO's salary of Peninsula Volunteer Properties Inc is $0 and their total compensation is $207,424.
What is the revenue of Peninsula Volunteer Properties Inc?
Peninsula Volunteer Properties Inc's revenue in 2022 was $3,713,764.
Who are the executives of Peninsula Volunteer Properties Inc and what are their salaries?
There 35 volunteers at Peninsula Volunteer Properties Inc.
Here are 22 key members and their salaries (Peninsula Volunteer Properties Inc's CEO's salary is $0 and their total compensation is $207,424):
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- Related: $194,234
- Other: $13,190
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Where can I find the form 990 for Peninsula Volunteer Properties Inc?
Peninsula Volunteer Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peninsula Volunteer Properties Inc
Peninsula Volunteer Properties Inc, as a nonprofit organization, is committed to providing housing solutions for individuals who fall into the categories of low-income elderly and handicapped individuals. Their mission is centered around this exempt purpose, aiming to make a significant impact in the lives of those in need. The corporation operates two apartment buildings, each housing a respective number of 93 and 30 units, specifically designed for these individuals. This housing provision serves as a crucial support system, offering these individuals a safe and comfortable living environment. By providing housing for this specific demographic, Peninsula Volunteer Properties Inc contributes to the well-being and independence of these individuals, enabling them to maintain a decent standard of living.
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Impact
October, 2024
Peninsula Volunteer Properties Inc has a significant impact on the local community by providing essential housing for low-income elderly and handicapped individuals. Operating two apartment buildings with a total of 123 units, this organization caters to some of the most vulnerable populations, ensuring they have safe and affordable living options. By focusing on this demographic, Peninsula Volunteer Properties Inc helps alleviate housing insecurity for those who often face financial and physical challenges, fostering a sense of stability and dignity among residents. Their work not only improves the quality of life for these individuals but also contributes to a more inclusive community in Menlo Park, California.
This information is meant to be a general summary of Peninsula Volunteer Properties 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: $596,459
- Program Service Revenue: $621,618
- Gross Receipts: $3,770,627
Assets and Liabilities:
- Total Assets: $23,094,245
- Total Liabilities: $160,745
- Net Assets: $22,933,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$614,390
OTHER INCOME
Revenue
$7,228
Organization Details
Founding Year
1959
Phone
(925) 627-7000Principal Officer
Peter J Olson
Main Address
800 MIDDLE AVENUE, MENLO PARK, CA, 94025
NTEE Category
Code: L20 - Housing
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