Overview
What is Mid-Peninsula Coastside Inc?
Mid-Peninsula Coastside Inc, located in Foster City, California, serves as a significant player in the provision of affordable housing for low-income individuals and families. Acting as the managing general partner in several limited partnerships, this nonprofit organization is committed to ensuring safe and comfortable living spaces for those in need. By being involved in Low Income Housing Tax Credit partnerships such as Coastside Associates, New Homestead Associates, Hermanas II Associates, and MP Mission Associates, Mid-Peninsula Coastside Inc contributes to the betterment of local communities. Additionally, the organization holds limited partnership interests in other ventures, demonstrating its ongoing dedication to providing housing solutions for those in need. In harmony with related organizations, Mid-Peninsula Coastside Inc upholds a mission to offer high-quality, affordable housing, establishing stability and opportunities for residents, and fostering diverse communities that promote mutual respect and understanding.
Official website here: www.midpen-housing.org
Is Mid-Peninsula Coastside Inc legitimate?
Mid-Peninsula Coastside Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Coastside 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 Coastside Inc?
Mid-Peninsula Coastside Inc, in conjunction with related organizations, has a mission to provide high-quality, safe, and affordable housing to individuals and families in need. Their primary goal is to establish stability and opportunities in the lives of their residents. Moreover, Mid-Peninsula Coastside Inc aims 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 Coastside Inc?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula Coastside Inc. The CEO's salary of Mid-Peninsula Coastside Inc is $0 and their total compensation is $660,095.
Official website here: www.midpen-housing.org
What is the revenue of Mid-Peninsula Coastside Inc?
Mid-Peninsula Coastside Inc's revenue in 2022 was $340,667.
Official website here: www.midpen-housing.org
Who are the executives of Mid-Peninsula Coastside Inc and what are their salaries?
Here are 19 key members and their salaries (Mid-Peninsula Coastside 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: $420,159
- Other: $55,781
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- Related: $459,933
- Other: $42,379
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- Related: $292,945
- Other: $43,099
Official website here: www.midpen-housing.org
Where can I find the form 990 for Mid-Peninsula Coastside Inc?
Mid-Peninsula Coastside 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 Coastside Inc
Mid-Peninsula Coastside Inc, as the managing general partner in several limited partnerships, has a mission that is centered around providing safe and affordable housing for low-income individuals and families. In alignment with related organizations, Mid-Peninsula Housing Corporation, a part of this entity, strives to fulfill this mission. Their ultimate goal is to offer high-quality housing to those in need, establishing stability and opportunities in the lives of residents. By fostering diverse communities, Mid-Peninsula Coastside Inc aims to create an environment where people from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. The organization's primary focus is on ensuring that affordable housing is accessible to all, thereby offering a chance for individuals and families to improve their living conditions and build a better future.
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Impact
October, 2024
Mid-Peninsula Coastside Inc plays a vital role in addressing the critical need for safe and affordable housing for low-income individuals and families. By acting as the managing general partner in multiple limited partnerships focused on low-income housing, the organization actively contributes to the creation and maintenance of affordable living environments.
Through its partnerships—such as Coastside Associates, New Homestead Associates, and Hermanas II Associates—Mid-Peninsula Coastside Inc facilitates the development of housing projects that directly benefit those economically disadvantaged. The organization not only oversees the operations of these properties but also ensures that they meet high-quality standards, fostering a sense of stability and opportunity for residents.
In addition to its partnerships, Mid-Peninsula Coastside Inc holds significant interests in Union City TOD, enhancing its ability to influence housing availability in the region. Its comprehensive approach promotes diversity within communities, allowing individuals from varied ethnic, social, and economic backgrounds to coexist in dignity and mutual respect. Through these efforts, Mid-Peninsula Coastside Inc significantly impacts the lives of many, creating a positive ripple effect for families and neighborhoods as a whole.
This information is meant to be a general summary of Mid-Peninsula Coastside 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: $47
- Program Service Revenue: $340,620
- Gross Receipts: $340,667
Assets and Liabilities:
- Total Assets: $2,926,512
- Total Liabilities: $1,133,487
- Net Assets: $1,793,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MGMT FEES
Revenue
$254,105
INCENTIVE FEES
Revenue
$80,234
ASSET MGMT FEES
Revenue
$6,281
Organization Details
Founding Year
1996
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: L20Z - Housing
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