Overview
What is Midori Housing Corporation?
Midori Housing Corporation is a nonprofit organization situated in San Francisco, California, specifically at 1385 Mission Street 200. Their primary mission is to provide affordable housing for mentally ill and homeless individuals. The corporation operates at the Midori Hotel, offering a supportive living environment for these clients. Their work is centered around providing low-income housing, aiming to improve the lives of those in need.
Official website here: www.conardhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Midori Housing Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization boasts a fully independent board and maintains transparency with a conflict of interest policy, whistleblower policy, and documented board meeting minutes, it has significant shortcomings in financial reporting. The lack of financial statements and a missing tax form on its website severely impacted its score.
Additionally, the organization's program expense ratio is commendable at 92.01%, suggesting that a large portion of its expenses goes directly to its programs. However, its liabilities exceed assets significantly, indicating potential financial instability. The overall accountability score of 66% reflects both strengths and weaknesses, emphasizing the need for better financial documentation and transparency.
In summary, while Midori Housing Corporation demonstrates commitment through its independent governance and high program expense ratio, it must address its financial reporting deficiencies to enhance its accountability and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Midori Housing Corporation legitimate?
Midori Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midori Housing 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: $398,224
For more financial information, click here
Official website here: www.conardhouse.org
What is the mission statement of Midori Housing Corporation?
Midori Housing Corporation is committed to providing low-income housing for individuals struggling with mental illness and homelessness. Their mission is to offer a sanctuary where these individuals can rebuild their lives with dignity and stability. Located in an undisclosed location, the corporation operates Midori Hotel, providing a safe and supportive environment for its residents. The corporation's primary goal is to provide a secure living space, enabling these individuals to focus on their recovery and reintegration into society. By offering affordable housing, Midori Housing Corporation plays a significant role in supporting the overall well-being of its residents.
Official website here: www.conardhouse.org
Who is the CEO of Midori Housing Corporation?
Anne Quaintance is the Board Member of Midori Housing Corporation.
Official website here: www.conardhouse.org
What is the revenue of Midori Housing Corporation?
Midori Housing Corporation's revenue in 2022 was $999,518.
Official website here: www.conardhouse.org
Who are the executives of Midori Housing Corporation and what are their salaries?
There 10 volunteers at Midori Housing Corporation.
Here are 11 key members and their salaries:
- 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: $222,393
- Other: $0
Official website here: www.conardhouse.org
Where can I find the form 990 for Midori Housing Corporation?
Midori Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.conardhouse.org
Learn more at the official website: www.conardhouse.org
Mission Statement of Midori Housing Corporation
Midori Housing Corporation, as a nonprofit organization, is dedicated to providing low-income housing for individuals dealing with mental illness and homelessness. Their mission is centered around creating a safe and supportive living environment for these vulnerable individuals, offering them a chance to rebuild their lives. By providing housing, Midori Housing Corporation aims to contribute to their clients' overall well-being, recognizing that stable housing is a fundamental requirement for mental health recovery and personal development. The organization's efforts in this area help to bridge the gap for those who face significant challenges in securing affordable and suitable housing, ultimately contributing to the betterment of the community as a whole.
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
Midori Housing Corporation significantly impacts the lives of mentally ill and homeless individuals by providing them with low-income housing at the Midori Hotel in San Francisco, California. This initiative directly addresses the urgent need for suitable accommodation for vulnerable populations, offering them stability and a sense of security in their living situations. By focusing on providing housing to those in need, Midori Housing Corporation plays a crucial role in supporting the well-being and dignity of individuals who may otherwise face challenges in finding adequate shelter.
This information is meant to be a general summary of Midori Housing 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: $344
- Program Service Revenue: $370,308
- Gross Receipts: $999,518
Assets and Liabilities:
- Total Assets: $3,232,285
- Total Liabilities: $6,779,380
- Net Assets: -$3,547,095
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
$369,332
OTHER INCOME
Revenue
$976
Organization Details
Founding Year
1995
Phone
(415) 864-7833Principal Officer
Anne Quaintance
Main Address
1385 MISSION STREET 200, SAN FRANCISCO, CA, 94103
Website
www.conardhouse.orgNTEE Category
Code: P850 - Human services
If you are a representative of Midori Housing Corporation 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.