Overview
What is Mid-Peninsula Pickering Inc?
Mid-Peninsula Pickering Inc is a nonprofit organization situated in Foster City, California. Its primary mission is to offer high-quality, affordable housing to individuals and families in need, promoting stability and opportunities in their lives. As the general partner of numerous partnerships, such as Pickering Associates, the organization operates apartment complexes specifically designed for low-income residents. Moreover, Mid-Peninsula Pickering Inc fosters diverse communities, enabling people from various ethnic, social, and economic backgrounds to live harmoniously and with respect.
Official website here: www.midpen-housing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%
Mid-Peninsula Pickering Inc has received an 82% rating from Charity Navigator, which corresponds to a Three-Star out of Four Star rating. This score reflects strong performance in accountability and finance, indicating that the organization adheres to responsible financial practices and transparency. Notably, the organization has achieved a perfect score in several areas, such as having a fully independent board of directors and a high program expense ratio of 99.52%, showcasing its commitment to using funds effectively for its mission.
The organization demonstrates a robust governance framework with comprehensive policies in place, including conflict of interest and whistleblower policies. Additionally, the transparency of its operations is highlighted by the availability of board meeting minutes and the listing of its website on tax forms. These factors contribute to a high level of trust among stakeholders and donors.
However, while the rating reflects significant strengths, it is essential to consider that a Three-Star rating indicates there may still be areas for improvement. Potential donors and stakeholders are encouraged to review the organization's overall impact and effectiveness in fulfilling its mission as part of their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-Peninsula Pickering Inc legitimate?
Mid-Peninsula Pickering Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Pickering 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 Pickering Inc?
Mid-Peninsula Pickering Inc, working in collaboration with related organizations, aims to provide safe and affordable housing of high quality to individuals in need. The mission of this organization is multifaceted, with a focus on establishing stability and opportunities in the lives of its residents. Furthermore, Mid-Peninsula Pickering Inc strives to foster diverse communities where people from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect.
Official website here: www.midpen-housing.org
Who is the CEO of Mid-Peninsula Pickering Inc?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula Pickering Inc. The CEO's salary of Mid-Peninsula Pickering Inc is $0 and their total compensation is $660,095.
Official website here: www.midpen-housing.org
What is the revenue of Mid-Peninsula Pickering Inc?
Mid-Peninsula Pickering Inc's revenue in 2022 was $473,540.
Official website here: www.midpen-housing.org
Who are the executives of Mid-Peninsula Pickering Inc and what are their salaries?
Here are 19 key members and their salaries (Mid-Peninsula Pickering 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
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- Related: $459,933
- Other: $42,379
- Compensation: $0
- Related: $420,159
- Other: $55,781
- 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 Pickering Inc?
Mid-Peninsula Pickering 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 Pickering Inc
Mid-Peninsula Pickering Inc, in conjunction with related organizations, has a mission to provide safe, high-quality, and affordable housing to individuals in need. The organization aims to establish stability and opportunities in the lives of its residents while fostering diverse communities. This allows people from various ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect. By providing such housing, Mid-Peninsula Pickering Inc is committed to making a positive impact on the lives of those it serves.
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Impact
July, 2024
Mid-Peninsula Pickering Inc, in conjunction with related organizations, has a significant impact on providing safe, affordable housing of high quality to those in need. By owning and operating multiple affordable housing complexes for low-income individuals and families, Mid-Peninsula Pickering Inc plays a crucial role in establishing stability and opportunity in the lives of residents. Additionally, the organization fosters diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect. Their mission is centered around creating a positive living environment for those who require assistance in securing affordable housing, ultimately making a meaningful difference in the lives of many individuals and families.
This information is meant to be a general summary of Mid-Peninsula Pickering 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: $72
- Program Service Revenue: $363,286
- Gross Receipts: $473,540
Assets and Liabilities:
- Total Assets: $18,929,055
- Total Liabilities: $34,948,323
- Net Assets: -$16,019,268
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MGMT FEE
Revenue
$286,792
INCENTIVE MGMT FEES
Revenue
$40,703
ASSET MGMT FEES
Revenue
$35,791
Organization Details
Founding Year
1994
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: L20 - Housing
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