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Mcb Family Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943227594 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mcb Family Housing Inc?

Mcb Family Housing Inc is a nonprofit organization based in San Francisco, California. Its primary mission is to support Bridge Housing Corporation (Bridge), an entity that strengthens communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization's vision is multifaceted, including creating opportunities for these groups beyond housing, leading and innovating in the production, operation, and ownership of affordable and mixed-income housing, and earning high customer satisfaction from various stakeholders. Mcb Family Housing Inc acts as a general partner in partnerships that own and operate affordable housing projects for low-income individuals.

Is Mcb Family Housing Inc legitimate?

Mcb Family Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcb Family Housing 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

What is the mission statement of Mcb Family Housing Inc?

McB Family Housing Inc supports Bridge Housing Corporation (Bridge), which aims to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. Bridge's mission extends beyond housing, aiming to create opportunities for these demographics. The organization positions itself as a leader and innovator in the affordable and mixed-income housing sector, earning high satisfaction from all stakeholders. Bridge serves as a reliable developer and owner of housing solutions, sought after by public officials, investors, and communities. Its vision is to strengthen communities and create opportunities, starting with housing, but not limiting itself to this aspect.

Who is the CEO of Mcb Family Housing Inc?

Delphine Sherman is the Evp Of Development (Outgoing) of Mcb Family Housing Inc. The CEO's salary of Mcb Family Housing Inc is $0 and their total compensation is $538,963.

What is the revenue of Mcb Family Housing Inc?

Mcb Family Housing Inc's revenue in 2022 was $592,307.

Who are the executives of Mcb Family Housing Inc and what are their salaries?


Here are 7 key members and their salaries (Mcb Family Housing Inc's CEO's salary is $0 and their total compensation is $538,963):


Kimberly Mckay (Evp Of Development (Outgoing))
  • Compensation: $0
  • Related: $486,042
  • Other: $98,469
Kenneth Lombard (President & Ceo)
  • Compensation: $0
  • Related: $503,363
  • Other: $35,600
Delphine Sherman (Evp & Cfo)
  • Compensation: $0
  • Related: $347,144
  • Other: $116,424
Rebecca Hlebasko (Svp General Counsel)
  • Compensation: $0
  • Related: $342,254
  • Other: $104,797
James Mather (Evp & Cio)
  • Compensation: $0
  • Related: $347,823
  • Other: $97,080
Susan Johnson (Evp (Outgoing))
  • Compensation: $0
  • Related: $245,086
  • Other: $21,219
Sierra Atilano (Evp Of Development)
  • Compensation: $0
  • Related: $76,056
  • Other: $3,970
Where can I find the form 990 for Mcb Family Housing Inc?

Mcb Family Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mcb Family Housing Inc

McB Family Housing Inc supports Bridge Housing Corporation, an organization dedicated to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The mission of McB Family Housing Inc, therefore, is to contribute to this cause. Bridge aims to go beyond just providing housing; it aims to strengthen communities and create opportunities for working families and seniors. It does this by being a leader and innovator in the mission-driven business of effective production, operation, and ownership of affordable and mixed-income housing. Bridge earns the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. It is the go-to developer and owner for public officials, investors, and communities seeking an array of housing solutions, and it delivers results. In essence, McB Family Housing Inc's mission is to support Bridge Housing Corporation in its mission to strengthen communities and create opportunities for working families and seniors through affordable housing solutions.

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Impact




October, 2024

Mcb Family Housing Inc significantly impacts the community by facilitating high-quality, affordable housing for working families and seniors. By partnering with Bridge Housing Corporation, the organization plays a critical role in developing and managing housing solutions that are not just about shelter but also about strengthening community ties and creating sustainable opportunities.

Their efforts focus on ensuring that housing is accessible, which enhances the stability and wellbeing of low-income individuals. This work contributes to overall community improvement, as affordable housing can lead to increased economic mobility, support local economies, and create thriving neighborhoods.

Mcb Family Housing Inc is recognized as a leader in innovative housing solutions, consistently delivering results that earn high satisfaction among residents, partners, and local stakeholders. Their commitment extends beyond just providing housing; they aim to foster environments that empower individuals and families, thereby making a lasting impact on the communities they serve.




This information is meant to be a general summary of Mcb Family Housing 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.

Revenue
$592,307 (2022)
Expenses
$1,804,251 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $572,262
  • Gross Receipts: $592,307

Assets and Liabilities:

  • Total Assets: $39,835,214
  • Total Liabilities: $3,165,629
  • Net Assets: $36,669,585

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSET MANAGEMENT FEES

Revenue

$419,762

INCENTIVE MANAGEMENT FEES

Revenue

$152,500

Organization Details

Founding Year

1995

Principal Officer

Delphine Sherman

Main Address

600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

NTEE Category

Code: L20Z - Housing

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