Overview
What is Mid-Peninsula Greenridge Inc?
Mid-Peninsula Greenridge Inc is a California-based nonprofit organization located at 303 Vintage Park Drive, Foster City. Their primary mission is to provide quality, safe, and affordable housing to low-income individuals and families. As the managing general partner of four limited partnerships, they aim to enhance living conditions and create opportunities for those in need. Mid-Peninsula Greenridge, Inc. collaborates with related organizations to ensure that their residents live in dignity, harmony, and mutual respect, establishing stable communities where people of diverse ethnic, social, and economic backgrounds can coexist.
Official website here: www.midpen-housing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Mid-Peninsula Greenridge Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 97%. This high rating is based solely on the Accountability & Finance beacon, indicating a robust commitment to transparency and responsible management of resources. The organization has a solid foundation, with a majority of independent board members and no material diversion of assets.
The organization excels in several key areas, achieving full scores for its independent board structure, conflict of interest policy, and several governance practices. With a program expense ratio of 96.72%, it effectively allocates funds towards its mission, demonstrating a strong focus on impact. Additionally, its low liabilities to assets ratio of 0.39% suggests financial stability and prudent management of resources.
Despite the strong performance, the summary does not highlight any specific areas for improvement or limitations noted in the data. Overall, Mid-Peninsula Greenridge Inc stands out as a well-managed nonprofit, committed to accountability and maximizing its charitable efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-Peninsula Greenridge Inc legitimate?
Mid-Peninsula Greenridge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-Peninsula Greenridge 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 Greenridge Inc?
Mid-Peninsula Greenridge Inc, in conjunction with related organizations, has a mission to provide safe, high-quality, and affordable housing for individuals and families in need. This mission aims to establish stability and opportunities in their lives. Furthermore, the organization 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 Greenridge Inc?
Matthew O Franklin is the Ceo/President/Asst. Secretary of Mid-Peninsula Greenridge Inc. The CEO's salary of Mid-Peninsula Greenridge Inc is $0 and their total compensation is $660,095.
Official website here: www.midpen-housing.org
What is the revenue of Mid-Peninsula Greenridge Inc?
Mid-Peninsula Greenridge Inc's revenue in 2022 was $138,949.
Official website here: www.midpen-housing.org
Who are the executives of Mid-Peninsula Greenridge Inc and what are their salaries?
Here are 19 key members and their salaries (Mid-Peninsula Greenridge 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
- 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 Greenridge Inc?
Mid-Peninsula Greenridge 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 Greenridge Inc
Mid-Peninsula Greenridge Inc, as a managing general partner of four limited partnerships, is dedicated to providing quality, safe, and affordable housing to individuals and families with low income. In line with its mission, Mid-Peninsula Greenridge works in conjunction with related organizations to offer housing that not only ensures residents' safety and affordability but also fosters a sense of stability and opportunity in their lives. The organization's mission goes beyond just providing housing; it aims to create diverse communities where people from various ethnic, social, and economic backgrounds can live in dignity, harmony, and mutual respect. Mid-Peninsula Greenridge Inc's mission is about more than just housing; it's about creating an environment where people can thrive and build meaningful lives.
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Impact
October, 2024
Mid-Peninsula Greenridge Inc plays a vital role in enhancing the quality of life for low-income individuals and families in Foster City, CA. By managing multiple partnerships, it provides safe and affordable housing through apartment complexes specifically designed for those in need. The organization is committed to creating stable living environments that not only meet basic housing needs but also foster community and diversity.
Through its efforts, Mid-Peninsula Greenridge Inc promotes inclusivity, allowing individuals from various ethnic, social, and economic backgrounds to coexist in dignity and mutual respect. This focus on community building helps establish opportunities for residents to improve their situations, enhancing their overall well-being and stability. The organization’s mission aligns with its strategic partnerships, ensuring a sustainable and supportive housing framework that addresses the critical need for affordable living options in the region.
This information is meant to be a general summary of Mid-Peninsula Greenridge 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: $23
- Program Service Revenue: $138,926
- Gross Receipts: $138,949
Assets and Liabilities:
- Total Assets: $625,912
- Total Liabilities: $2,500
- Net Assets: $623,412
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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
$72,933
INCENTIVE FEE
Revenue
$65,858
INCOME FR PARTNERSHIPS
Revenue
$135
Organization Details
Founding Year
1997
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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