Overview
What is Mid-Peninsula Fairfield Corporation?
Mid-Peninsula Fairfield Corporation is a nonprofit organization situated in Foster City, California. With a focus on social welfare, it serves as a general partner for Sunset Creek Associates, an entity that manages and operates low-income housing for those in need. In line with its mission, Mid-Peninsula Housing Corporation, in collaboration with related organizations, aims to offer safe, high-quality, and affordable housing to those in need. By providing such housing, the corporation strives to establish stability and opportunities in the lives of its residents. Moreover, Mid-Peninsula Housing Corporation seeks to foster diverse communities where people from various ethnic, social, and economic backgrounds can live together in dignity, harmony, and mutual respect.
Official website here: www.midpen-housing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)
Mid-Peninsula Fairfield Corporation has received a Two-Star rating from Charity Navigator, indicating that the organization may need to enhance certain aspects of its operations. While the nonprofit demonstrates a perfect score in accountability and finance, it struggles significantly with its program expense ratio, suggesting that a limited portion of its expenses are directed towards its programs and services.
The organization excels in governance aspects, as evidenced by its independent board structure and comprehensive policies regarding conflicts of interest and whistleblower protections. These strengths reflect a commitment to accountability and transparency, which are crucial for building trust with donors and stakeholders.
However, the serious concern regarding the liabilities to assets ratio raises questions about the financial stability of the organization. The limited program expense ratio indicates that there might be significant room for improvement in how funds are utilized to maximize impact in the community. Overall, while Mid-Peninsula Fairfield Corporation has commendable governance practices, its financial management and program effectiveness require attention.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-Peninsula Fairfield Corporation legitimate?
Mid-Peninsula Fairfield Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Fairfield 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 Fairfield Corporation?
The Mid-Peninsula Fairfield Corporation, working in collaboration with related organizations, strives to provide secure, high-quality, affordable housing for individuals in need. This mission aims to establish stability and opportunities in the lives of residents. Moreover, the corporation seeks to promote diverse communities where people from various ethnic, social, and economic backgrounds can live with dignity, harmony, and mutual respect.
Official website here: www.midpen-housing.org
Who is the CEO of Mid-Peninsula Fairfield Corporation?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula Fairfield Corporation. The CEO's salary of Mid-Peninsula Fairfield Corporation is $0 and their total compensation is $660,095.
Official website here: www.midpen-housing.org
What is the revenue of Mid-Peninsula Fairfield Corporation?
Mid-Peninsula Fairfield Corporation's revenue in 2022 was $800.
Official website here: www.midpen-housing.org
Who are the executives of Mid-Peninsula Fairfield Corporation and what are their salaries?
Here are 19 key members and their salaries (Mid-Peninsula Fairfield Corporation'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
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- Related: $420,159
- Other: $55,781
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- Related: $459,933
- Other: $42,379
- 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 Fairfield Corporation?
Mid-Peninsula Fairfield 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 Fairfield Corporation
Mid-Peninsula Fairfield Corporation, in conjunction with related organizations, is committed to a mission that aims to make a significant impact in the lives of those in need. This nonprofit organization strives to provide safe and affordable housing of high quality, ensuring that individuals from diverse ethnic, social, and economic backgrounds can live with dignity, harmony, and mutual respect. The mission of Mid-Peninsula Fairfield Corporation is twofold. Firstly, it focuses on establishing stability and opportunities in the lives of its residents. By offering housing solutions, this organization seeks to provide a solid foundation for its residents, enabling them to build a better future. Secondly, Mid-Peninsula Fairfield Corporation fosters diverse communities. By bringing together people from various backgrounds, it promotes a harmonious living environment that encourages mutual respect and understanding. This mission is a testament to the organization's dedication to improving the lives of its residents and contributing to a more inclusive and respectful society.
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Impact
October, 2024
Mid-Peninsula Fairfield Corporation plays a vital role in addressing housing insecurity and enhancing the quality of life for residents in the Foster City area and beyond. By partnering with organizations like MidPen Housing Corporation, it focuses on delivering safe, high-quality, and affordable housing options for those in need.
Through its initiatives, the organization aims to establish stability and create opportunities for residents, contributing to their well-being and overall community health. The emphasis on fostering diverse communities allows individuals from various ethnic, social, and economic backgrounds to coexist in an environment of dignity, harmony, and mutual respect. This inclusive approach not only uplifts individuals and families but also enriches the broader community, promoting social cohesion and diversity.
Overall, Mid-Peninsula Fairfield Corporation is instrumental in creating a supportive housing framework that not only addresses immediate housing needs but also lays the groundwork for long-term community resilience and growth.
This information is meant to be a general summary of Mid-Peninsula Fairfield 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.
- Program Service Revenue: $800
- Gross Receipts: $800
Assets and Liabilities:
- Total Assets: $578
- Total Liabilities: $5,329
- Net Assets: -$4,751
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$800
Organization Details
Founding Year
1993
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: L21 - Housing
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