Civic Intelligence

Menlo Gateway Inc.

990 • Fiscal year 2022 • EIN 77-0132850

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

Organization ProfileN/A
303 Vintage Park Drive 250Foster City, CA 94404

(650) 356-2900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

3.14x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

100th percentile

$660,095

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 9107.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

3rd percentile

-95%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-99%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$310,471

Down $5,587,479 (-95%) from 2021

Net Assets

Up

$287,707

Up $3,191,095 (+110%) from 2021

Liabilities

Down

$22,764

Down $8,778,574 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin95th percentile

Revenue

Down

$7,248

Down $930,573 (-99%) from 2021

Expenses

Down

$1,866

Down $856,934 (-100%) from 2021

Net Income

Down

$5,382

Down $73,639 (-93%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2010: $8,902,756Liabilities 2010: $12,127,831Net Assets 2010: -$3,225,0752010Assets 2011: $10,505,110Liabilities 2011: $12,038,071Net Assets 2011: -$1,532,9612011Assets 2012: $10,159,422Liabilities 2012: $11,933,641Net Assets 2012: -$1,774,2192012Assets 2013: $9,700,091Liabilities 2013: $11,734,616Net Assets 2013: -$2,034,5252013Assets 2014: $9,518,476Liabilities 2014: $11,774,075Net Assets 2014: -$2,255,5992014Assets 2015: $9,502,064Liabilities 2015: $11,819,767Net Assets 2015: -$2,317,7032015Assets 2016: $7,441,181Liabilities 2016: $9,489,256Net Assets 2016: -$2,048,0752016Assets 2017: $7,345,762Liabilities 2017: $9,311,472Net Assets 2017: -$1,965,7102017Assets 2018: $7,226,453Liabilities 2018: $9,115,680Net Assets 2018: -$1,889,2272018Assets 2019: $5,779,025Liabilities 2019: $8,866,706Net Assets 2019: -$3,087,6812019Assets 2020: $5,728,630Liabilities 2020: $8,711,039Net Assets 2020: -$2,982,4092020Assets 2021: $5,897,950Liabilities 2021: $8,801,338Net Assets 2021: -$2,903,3882021Assets 2022: $310,471Liabilities 2022: $22,764Net Assets 2022: $287,7072022Assets 2023: $387,052Liabilities 2023: $20,414Net Assets 2023: $366,6382023Assets 2024: $402,513Liabilities 2024: $3,372Net Assets 2024: $399,1412024

Highlighted filing

2022

Assets$310,471
Liabilities$22,764
Net Assets$287,707
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,686,7452010Expenses 2011: $2,453,4252011Expenses 2012: $2,007,7752012Revenue 2013: $1,813,126Expenses 2013: $2,073,432Net Income 2013: -$260,3062013Revenue 2014: $1,970,396Expenses 2014: $2,191,470Net Income 2014: -$221,0742014Revenue 2015: $2,133,798Expenses 2015: $2,195,902Net Income 2015: -$62,1042015Revenue 2016: $2,009,467Expenses 2016: $1,739,839Net Income 2016: $269,6282016Revenue 2017: $1,762,625Expenses 2017: $1,680,260Net Income 2017: $82,3652017Revenue 2018: $1,825,443Expenses 2018: $1,748,960Net Income 2018: $76,4832018Revenue 2019: $1,814,859Expenses 2019: $3,013,313Net Income 2019: -$1,198,4542019Revenue 2020: $1,879,963Expenses 2020: $1,774,691Net Income 2020: $105,2722020Revenue 2021: $937,821Expenses 2021: $858,800Net Income 2021: $79,0212021Revenue 2022: $7,248Expenses 2022: $1,866Net Income 2022: $5,3822022Revenue 2023: $3,517Expenses 2023: $0Net Income 2023: $3,5172023Revenue 2024: $35,402Expenses 2024: $2,899Net Income 2024: $32,5032024

Highlighted filing

2022

Revenue$7,248
Expenses$1,866
Net Income$5,382
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$7,248
Mission and Program Overview

Mission

In conjunction with related organizations, midpen housing corporation's mission is to provide safe, affordable housing of high quality to those in need; to establish stability and opportunity in the lives of residents; and to foster diverse communities that allow people from all ethnic, social and economic backgrounds to live in dignity, harmony and mutual respect.

In conjunction with related organizations, midpen housing corporation's mission is to provide safe, affordable housing of high quality to those in need; to establish stability and opportunity in the lives of residents; and to foster diverse communities that allow people from all ethnic, social andeconomic backgrounds to live in dignity, harmony and mutual respect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,473,919$0▼ $3,473,919
Savings and Temporary Cash Investments$325,665$310,471▼ $15,194
Accounts Receivable$43,808$0▼ $43,808
Prepaid Expenses and Deferred Charges$31,901$0▼ $31,901
Other Assets Total$2,022,657$0▼ $2,022,657
Total Assets$5,897,950$310,471▼ $5,587,479
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,239,832$0▼ $8,239,832
Other Liabilities$537,800$17,048▼ $520,752
Deferred Revenue$7,905$0▼ $7,905
Accounts Payable and Accrued Expenses$15,801$5,716▼ $10,085
Total Liabilities$8,801,338$22,764▼ $8,778,574
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,903,388$287,707▲ $3,191,095
Total Net Assets Fund Balance$-2,903,388$287,707▲ $3,191,095
Total Liabilities and Net Assets / Fund Balance$5,897,950$310,471▼ $5,587,479
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleOtherTotal
Lance SmithVP/corp. Counsel & Broker/asst. Secretary$336,044$336,044

Board Members and Trustees

NameTitle
Eric HarrisonChairperson
Matthew O FranklinCEO/president/asst. Secretary
Jessica Garcia-kohlVice Chairperson
Beth BartlettDirector
Chan U LeeDirector
Elisa De Laet JagersonDirector
Fay Sien GoonDirector
Jennifer HicksDirector
Jennifer MartinezDirector
Mark BatteyDirector
Renee McdonnellDirector
Rob HollisterDirector
Terry FreemanDirector
Michael J VerguraCFO / Assistant Secretary
Janine LindCOO / Assistant Secretary
Jan LindenthalCredo / Assistant Secretary
Gina DiazSecretary
Enrique TorresTreasurer
Lance SmithVP/corp. Counsel & Broker/asst. Secr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,827
Investment Income
$2,421
Other Revenue
$0
Change in Net Assets
$5,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,866
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$1,750-$1,750
Office Expenses$116--$116
Total Functional Expenses$116$1,750$0$1,866
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$17,048
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The tax manager completes the 990 questionnaire and pulls all supporting documentation. The questionnaire is sent to the tax professionals for their preparation of the tax returns. The draft 990 tax return goes through the review of midpen management. Upon the chief financial officer's approval, the tax return is filed with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest disclosure questionnaire is submitted annually to the board of directors and key employees, who complete and return the forms disclosing any conditions of potential or actual conflict of interest. The disclosures are reviewed by the corporate counsel and the cfo. A summary of the disclosures is presented to the governance committee, which assesses if any conflict of interest actually exists. Any conditions which warrant elevation to the board of directors is done so on a case-by-case basis. As of the reporting date, there has been no reportable condition of conflict of interest.”

Form 990, Part VI, Section B, Line 15

“Data from an external compensation survey is reviewed and discussed with the bod.”

Form 990, Part VI, Section C, Line 19

“Governing documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Menlo Gateway Inc
EIN
77-0132850
Phone
6503562900
Address
303 VINTAGE PARK DRIVE 250, FOSTER CITY, CA 94404

Signing Officer

Name
Michael J Vergura
Title
CFO/assistant Secretary
Phone
6503562900
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew O Franklin
Formed
1986
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
2033 N MAIN ST SUITE 400, WALNUT CREEK, CA 94596
Preparer
Eric Barnett
Phone
9259494300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net assets adjustment 3,185,713.”

FORM 990, PART XII, LINE 2C:

“There is no change in the process from prior year.”

Financial Statement Notes

PART X, LINE 2:

“Menlo gateway believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Menlo gateway's federal and state information returns for the years 2018 through 2021 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for federal and state, respectively.”

Raw XML AppendixShowing 400 of 2,751 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015801
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05716
IRS990/AccountsReceivableGrp/BOYAmt043808
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0IN CONJUNCTION WITH RELATED ORGANIZATIONS, MIDPEN HOUSING CORPORATION'S MISSION IS TO PROVIDE SAFE, AFFORDABLE HOUSING OF HIGH QUALITY TO THOSE IN NEED; TO ESTABLISH STABILITY AND OPPORTUNITY IN THE LIVES OF RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL ANDECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY AND MUTUAL RESPECT.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06503562900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0303 VINTAGE PARK DRIVE NO 250
IRS990/BooksInCareOfDetail/USAddress/CityNm0FOSTER CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094404
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02421
IRS990/CYOtherExpensesAmt01866
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04827
IRS990/CYRevenuesLessExpensesAmt05382
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01866
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07248
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07905
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES, THEELDERLY, AND THE DISABLED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0116
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01750
IRS990/FeesForServicesAccountingGrp/TotalAmt01750
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt112.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt122.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt132.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1444.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1545.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1644.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1744.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1845.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1453569
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1521754
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1655781
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1742379
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1843099
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm1JESSICA GARCIA-KOHL
IRS990/Form990PartVIISectionAGrp/PersonNm2GINA DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm3ENRIQUE TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY FREEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5RENEE MCDONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm6BETH BARTLETT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK BATTEY
IRS990/Form990PartVIISectionAGrp/PersonNm8ELISA DE LAET JAGERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JENNIFER HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm10FAY SIEN GOON
IRS990/Form990PartVIISectionAGrp/PersonNm11JENNIFER MARTINEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12CHAN U LEE
IRS990/Form990PartVIISectionAGrp/PersonNm13ROB HOLLISTER
IRS990/Form990PartVIISectionAGrp/PersonNm14MATTHEW O FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm15JAN LINDENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm16MICHAEL J VERGURA
IRS990/Form990PartVIISectionAGrp/PersonNm17JANINE LIND
IRS990/Form990PartVIISectionAGrp/PersonNm18LANCE SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14606526
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15402180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16420159
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17459933
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18292945
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO/PRESIDENT/ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15CREDO / ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO / ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17COO / ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP/CORP. COUNSEL & BROKER/ASST. SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07248
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt02421
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02421
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03473919
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IN CONJUNCTION WITH RELATED ORGANIZATIONS, MIDPEN HOUSING CORPORATION'S MISSION IS TO PROVIDE SAFE, AFFORDABLE HOUSING OF HIGH QUALITY TO THOSE IN NEED; TO ESTABLISH STABILITY AND OPPORTUNITY IN THE LIVES OF RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY AND MUTUAL RESPECT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08239832
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-2903388
IRS990/NetAssetsOrFundBalancesEOYAmt0287707
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2903388
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0287707
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0116
IRS990/OfficeExpensesGrp/TotalAmt0116
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02022657
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt03185713
IRS990/OtherLiabilitiesGrp/BOYAmt0537800
IRS990/OtherLiabilitiesGrp/EOYAmt017048
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031901
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MATTHEW O FRANKLIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04827
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04827
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0548137
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt075413
IRS990/PYInvestmentIncomeAmt07600
IRS990/PYOtherExpensesAmt0670965
IRS990/PYOtherRevenueAmt051856
IRS990/PYProgramServiceRevenueAmt0330228
IRS990/PYRevenuesLessExpensesAmt079021
IRS990/PYSalariesCompEmpBnftPaidAmt0112422
IRS990/PYTotalExpensesAmt0858800
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0937821
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05382
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04827
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0325665
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0310471
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237089977
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0116
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MIDPEN HOUSING CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0116
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MENLO GATEWAY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. MENLO GATEWAY'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2018 THROUGH 2021 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt017048
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0114302
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt185573
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt271179
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt3144893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt47150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0489991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1372127
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2342385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3255724
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4283562
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$310,471
Liabilities
$22,764
Net assets
$287,707
Revenue
$7,248
Expenses
$1,866
Net income
$5,382
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.04$0.00$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.29$0.01$0.00$0.01
2021Detailed filing. Detailed filing data is available for this year.$5.90$8.80$2.90$0.94$0.86$0.08
2020Detailed filing. Detailed filing data is available for this year.$5.73$8.71$2.98$1.88$1.77$0.11
2019Detailed filing. Detailed filing data is available for this year.$5.78$8.87$3.09$1.81$3.01$1.20
2018Detailed filing. Detailed filing data is available for this year.$7.23$9.12$1.89$1.83$1.75$0.08
2017Detailed filing. Detailed filing data is available for this year.$7.35$9.31$1.97$1.76$1.68$0.08
2016Detailed filing. Detailed filing data is available for this year.$7.44$9.49$2.05$2.01$1.74$0.27
2015Detailed filing. Detailed filing data is available for this year.$9.50$11.8$2.32$2.13$2.20$0.06
2014Detailed filing. Detailed filing data is available for this year.$9.52$11.8$2.26$1.97$2.19$0.22
2013Detailed filing. Detailed filing data is available for this year.$9.70$11.7$2.03$1.81$2.07$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$11.9$1.77$2.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$12.0$1.53$2.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.90$12.1$3.23$1.69