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Mp Preservation Inc

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

EIN: 943319924 ✦ Foster city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mp Preservation Inc?

Mp Preservation Inc is a nonprofit organization situated in Foster City, California, with a specific focus on providing affordable housing for individuals with limited income. Working in conjunction with related organizations, its mission is to ensure the availability of safe, high-quality housing for those in need. This mission serves to establish stability and opportunities in the lives of residents, as well as fostering diverse communities that promote harmony and mutual respect among people from various ethnic, social, and economic backgrounds. The organization operates in compliance with its charter and adheres to the guidelines set by relevant authorities.


Official website here: www.midpen-housing.org

Is Mp Preservation Inc legitimate?

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

Mp Preservation Inc, in conjunction with related organizations, aims to provide safe and affordable housing of high quality to individuals in need. The mission is also to establish stability and opportunities in the lives of residents and foster diverse communities. These communities allow people from various ethnic, social, and economic backgrounds to live with dignity, harmony, and mutual respect.


Official website here: www.midpen-housing.org

Who is the CEO of Mp Preservation Inc?

Matthew O Franklin is the CEO of Mp Preservation Inc The CEO's salary of Mp Preservation Inc is $0 and their total compensation is $692,605.


Official website here: www.midpen-housing.org

What is the revenue of Mp Preservation Inc?

Mp Preservation Inc's revenue in 2023 was $2,743,019.


Official website here: www.midpen-housing.org

Who are the executives of Mp Preservation Inc and what are their salaries?

Here are 19 key members and their salaries (Mp Preservation Inc's CEO's salary is $0 and their total compensation is $692,605):


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
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: $638,082
  • Other: $54,523
Shwetha Subramanian (Credo/Assistant Secretary)
  • Compensation: $0
  • Related: $371,095
  • Other: $12,167
Janine Lind (Coo/Assistant Secretary)
  • Compensation: $0
  • Related: $487,916
  • Other: $45,469
Michael J Vergura (Cfo/Assistant Secretary)
  • Compensation: $0
  • Related: $424,941
  • Other: $59,660
Lance Smith (Vp/Corporate Counsel & Broker/Asst. Secretary)
  • Compensation: $0
  • Related: $309,436
  • Other: $45,625
Kasey Archery (Assistant Secretary)
  • Compensation: $0
  • Related: $338,022
  • Other: $33,914


Official website here: www.midpen-housing.org

Where can I find the form 990 for Mp Preservation Inc?

Mp Preservation 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 Preservation Inc

Mp Preservation Inc, in conjunction with related organizations, is dedicated to providing safe, high-quality, and affordable housing to individuals in need. Their mission is twofold: firstly, they aim to establish stability and opportunities in the lives of their residents. Secondly, they strive to foster diverse communities that embrace people from various ethnic, social, and economic backgrounds, enabling them to live in dignity, harmony, and mutual respect. Through their efforts, Mp Preservation Inc seeks to create an environment where all residents can thrive and coexist peacefully.

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Impact




October, 2024

Mp Preservation Inc significantly impacts the community by addressing the critical need for safe and affordable housing. Through collaboration with related organizations, it actively works to provide high-quality housing options for individuals and families in need. This initiative not only helps residents secure stable living conditions but also creates opportunities for personal and communal growth.

By fostering diverse communities, Mp Preservation Inc promotes a culture of dignity, harmony, and mutual respect among residents from various ethnic, social, and economic backgrounds. This inclusivity enhances social cohesion and provides a supportive environment where all individuals can thrive. Ultimately, Mp Preservation Inc plays a vital role in establishing stability and improving the quality of life for many, contributing positively to the overall health of the community in Foster City, CA.




This information is meant to be a general summary of Mp Preservation 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
$2,743,019 (2023)
Expenses
$1,310,345 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,357
  • Program Service Revenue: $2,717,428
  • Gross Receipts: $2,743,019

Assets and Liabilities:

  • Total Assets: $16,455,413
  • Total Liabilities: $303,193
  • Net Assets: $16,152,220

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Programs

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

INCOME FROM PTRSHIP

Revenue

$1,826,087

INCENTIVE FEES

Revenue

$680,000

PARTNERSHIP MGMT FEES

Revenue

$211,341

Organization Details

Founding Year

1999

Principal Officer

Matthew O Franklin

NTEE Category

Code: L21 - Housing

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