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Italian Gardens Inc

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

EIN: 943297850 ✦ Foster city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Italian Gardens Inc?

Italian Gardens Inc is a nonprofit organization, headquartered at 303 Vintage Park Drive 250, Foster City, CA 94404. Its primary goal is to support Midpen Housing Corporation, a non-profit public benefit corporation, in developing and operating affordable housing for low-income individuals. To achieve this, Italian Gardens Inc acquired a condominium interest in certain real property and leases it to Midpen Housing Corporation. In a broader sense, Italian Gardens Inc's mission, in collaboration with related organizations, is to provide safe, affordable housing of high quality for those in need. By doing so, it aims to establish stability and opportunities in the lives of residents, fostering diverse communities where people from various ethnic, social, and economic backgrounds can live harmoniously and respectfully.


Official website here: www.midpen-housing.org

Is Italian Gardens Inc legitimate?

Italian Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Italian Gardens 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 Italian Gardens Inc?

Italian Gardens Inc's mission, in collaboration with related organizations, is focused on providing safe and affordable high-quality housing for individuals in need. Their primary goal is to establish stability and opportunities in the lives of residents, enabling them to live with dignity, harmony, and mutual respect. Furthermore, Italian Gardens Inc aims to foster diverse communities, welcoming people from various ethnic, social, and economic backgrounds. Their efforts align with Midpen Housing Corporation, a California nonprofit organization, which develops, owns, and operates affordable housing for low-income families and individuals.


Official website here: www.midpen-housing.org

Who is the CEO of Italian Gardens Inc?

Matthew O Franklin is the Ceo/President/Asst. Secretary of Italian Gardens Inc. The CEO's salary of Italian Gardens Inc is $0 and their total compensation is $660,095.


Official website here: www.midpen-housing.org

What is the revenue of Italian Gardens Inc?

Italian Gardens Inc's revenue in 2022 was $633,508.


Official website here: www.midpen-housing.org

Who are the executives of Italian Gardens Inc and what are their salaries?


Here are 19 key members and their salaries (Italian Gardens Inc's CEO's salary is $0 and their total compensation is $660,095):


Eric Harrison (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Diaz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enrique Torres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Garcia-Kohl (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Bartlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Battey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Sien Goon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Mcdonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa De Laet Jagerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chan U Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Hollister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew O Franklin (Ceo/President/Asst. Secretary)
  • Compensation: $0
  • Related: $606,526
  • Other: $53,569
Jan Lindenthal (Credo/Assistant Secretary)
  • Compensation: $0
  • Related: $402,180
  • Other: $21,754
Janine Lind (Coo/Assistant Secretary)
  • Compensation: $0
  • Related: $459,933
  • Other: $42,379
Michael J Vergura (Cfo/Asst. Secretary)
  • Compensation: $0
  • Related: $420,159
  • Other: $55,781
Lance Smith (Vp/Corporate Counsel & Broker/Asst. Secretary)
  • Compensation: $0
  • Related: $292,945
  • Other: $43,099


Official website here: www.midpen-housing.org

Where can I find the form 990 for Italian Gardens Inc?

Italian Gardens 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 Italian Gardens Inc

Italian Gardens Inc, as a nonprofit organization, is committed to providing housing solutions for individuals and families with low incomes, where adequate housing is lacking. The organization aligns with the purposes of Midpen Housing Corporation, another California-based nonprofit that develops, owns, and manages affordable housing units for low-income families and individuals.

In conjunction with related organizations, Italian Gardens Inc's mission is to offer safe and affordable housing of high quality to those in need. The organization strives to establish stability and opportunities in the lives of its residents. By fostering diverse communities, Italian Gardens Inc encourages people from various ethnic, social, and economic backgrounds to live together in dignity, harmony, and mutual respect. This mission aims to create a living environment that promotes understanding and respect among its residents, ultimately contributing to a more inclusive society.

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Impact




October, 2024

Italian Gardens Inc plays a crucial role in addressing the housing crisis for low-income individuals and families in the Foster City area of California. By supporting the development and operation of affordable housing through its partnership with MidPen Housing Corporation, the organization directly contributes to the creation of safe and stable living environments for those in need.

The impact of Italian Gardens Inc extends beyond just providing shelter; it actively fosters diverse communities where residents from various ethnic, social, and economic backgrounds can coexist in dignity and harmony. This approach not only improves individual quality of life but also promotes mutual respect and social cohesion among residents.

Through its commitment to high-quality housing, Italian Gardens Inc helps establish stability and opportunities for residents, empowering them to build better futures for themselves and their families. The organization’s efforts contribute to alleviating the challenges of inadequate housing, thereby enhancing overall community well-being and fostering an inclusive environment.




This information is meant to be a general summary of Italian Gardens 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
$633,508 (2022)
Expenses
$494,225 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Program Service Revenue: $633,482
  • Gross Receipts: $633,508

Assets and Liabilities:

  • Total Assets: $4,474,921
  • Total Liabilities: $2,838,778
  • Net Assets: $1,636,143

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Programs

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

RENTAL INCOME

Revenue

$633,482

Organization Details

Founding Year

1998

Principal Officer

Matthew O Franklin

Main Address

303 VINTAGE PARK DRIVE 250, FOSTER CITY, CA, 94404

NTEE Category

Code: L20 - Housing

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