Overview
What is Mp Can Do Inc?
Mp Can Do Inc, based in Foster City, California, serves as the managing general partner in Gloria WayAssociates, a partnership dedicated to providing affordable housing to low-income individuals. Aligned with related organizations, Mp Can Do Inc's mission is to offer high-quality, safe, and affordable housing to those in need. This commitment aims to establish stability and opportunities in the lives of residents while fostering diverse communities that promote mutual respect and harmonious living among individuals from various ethnic, social, and economic backgrounds. The organization's work in the affordable housing sector contributes to improving living conditions for those who require it most.
Official website here: www.midpen-housing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Mp Can Do Inc has achieved an impressive 96% rating from Charity Navigator, indicating a strong commitment to accountability and financial health. This score is primarily derived from their accountability and finance metrics, where they excelled in areas such as independent board membership and financial oversight, showcasing a well-governed organization.
The organization has demonstrated robust financial practices, including a remarkable program expense ratio of 98.46%, signifying that the vast majority of their resources are directed towards their intended programs rather than administrative costs. Additionally, the presence of an independent board and strong policies in place further enhance their operational integrity.
Despite these strengths, the summary does not highlight any specific limitations or concerns regarding the organization, reflecting a positive and transparent operational stance. Overall, Mp Can Do Inc appears to be a reliable nonprofit with high ethical standards and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is Mp Can Do Inc legitimate?
Mp Can Do Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mp Can Do 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 Mp Can Do Inc?
Mp Can Do Inc, in collaboration with related organizations, strives to fulfill its mission by providing safe and affordable housing of high quality to individuals in need. This mission aims to establish stability and opportunities in the lives of residents, fostering diverse communities where individuals from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect.
Official website here: www.midpen-housing.org
What is the revenue of Mp Can Do Inc?
Mp Can Do Inc's revenue in 2023 was $17,214.
Official website here: www.midpen-housing.org
Who are the executives of Mp Can Do Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Other: $0
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- Related: $267,625
- Other: $36,863
- Compensation: $0
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- Related: $487,916
- Other: $45,469
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- Related: $424,941
- Other: $59,660
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- Related: $638,082
- Other: $54,523
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- Other: $0
Official website here: www.midpen-housing.org
Where can I find the form 990 for Mp Can Do Inc?
Mp Can Do Inc's most recent form 990 was submitted in 2023 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 Mp Can Do Inc
Mp Can Do Inc, in collaboration with related organizations, strives to accomplish three primary objectives. Firstly, they aim to provide high-quality, affordable housing to individuals in need. This initiative is designed to establish stability and opportunities in the lives of residents. Secondly, Mp Can Do Inc is committed to fostering diverse communities that encourage mutual respect and harmony among people from various ethnic, social, and economic backgrounds. Lastly, their mission is to enable these individuals to live in dignity. By offering safe and affordable housing, Mp Can Do Inc contributes to the betterment of society by providing a foundation for people to build their lives upon, ultimately promoting a harmonious and inclusive community.
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Impact
July, 2024
Mp Can Do Inc, in conjunction with related organizations, works towards providing safe, affordable housing of high quality to those in need. By serving as the managing general partner in Gloria Way Associates, the organization plays a crucial role in offering affordable housing to low-income individuals. Their mission is focused on establishing stability and opportunity in the lives of residents while fostering diverse communities where people from all ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. This impactful work helps address the critical need for housing affordability and contributes to creating a more inclusive and supportive society.
This information is meant to be a general summary of Mp Can Do 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 2023.
- Investment Income: $1,368
- Program Service Revenue: $15,846
- Gross Receipts: $17,214
Assets and Liabilities:
- Total Assets: $694,494
- Total Liabilities: $26,595
- Net Assets: $667,899
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLOW-THROUGH INCOME FR
Revenue
$13,763
PARTNERSHIP MGMT FEES
Revenue
$2,083
Organization Details
Founding Year
1987
Principal Officer
Matthew O Franklin
Website
www.midpen-housing.orgNTEE Category
Code: L20 - Housing
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