Civic Intelligence

MID-Peninsula Coastside Inc.

990 • Fiscal year 2023 • EIN 94-3239542

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

Organization ProfileWWW.MIDPEN-HOUSING.ORG
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

80th percentile

0.40x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

3.88x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

99th percentile

$692,605

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 211.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

61st percentile

9.2%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

32nd percentile

-3.8%

Faster revenue growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$3,196,171

Up $269,659 (+9.2%) from 2022

Net Assets

Up

$1,924,604

Up $131,579 (+7.3%) from 2022

Liabilities

Up

$1,271,567

Up $138,080 (+12%) from 2022

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin87th percentile

Revenue

Down

$327,693

Down $12,974 (-3.8%) from 2022

Expenses

Down

$196,114

Down $31,715 (-14%) from 2022

Net Income

Up

$131,579

Up $18,741 (+17%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,691,307Liabilities 2010: $1,460,002Net Assets 2010: $1,231,3052010Assets 2011: $5,655,882Liabilities 2011: $4,354,744Net Assets 2011: $1,301,1382011Assets 2012: $5,705,245Liabilities 2012: $4,350,408Net Assets 2012: $1,354,8372012Assets 2013: $5,689,559Liabilities 2013: $4,349,637Net Assets 2013: $1,339,9222013Assets 2014: $5,674,757Liabilities 2014: $4,310,447Net Assets 2014: $1,364,3102014Assets 2015: $3,241,956Liabilities 2015: $1,211,340Net Assets 2015: $2,030,6162015Assets 2016: $3,195,338Liabilities 2016: $1,106,472Net Assets 2016: $2,088,8662016Assets 2017: $2,135,442Liabilities 2017: $922,800Net Assets 2017: $1,212,6422017Assets 2018: $3,099,255Liabilities 2018: $1,607,494Net Assets 2018: $1,491,7612018Assets 2019: $2,884,220Liabilities 2019: $1,460,682Net Assets 2019: $1,423,5382019Assets 2020: $2,767,049Liabilities 2020: $1,238,682Net Assets 2020: $1,528,3672020Assets 2021: $2,865,674Liabilities 2021: $1,185,487Net Assets 2021: $1,680,1872021Assets 2022: $2,926,512Liabilities 2022: $1,133,487Net Assets 2022: $1,793,0252022Assets 2023: $3,196,171Liabilities 2023: $1,271,567Net Assets 2023: $1,924,6042023Assets 2024: $3,209,297Liabilities 2024: $1,321,205Net Assets 2024: $1,888,0922024

Highlighted filing

2023

Assets$3,196,171
Liabilities$1,271,567
Net Assets$1,924,604
Open 2023 Filing

Operations Trend

Revenue Growth32nd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,7532010Expenses 2011: $27,3532011Expenses 2012: $159,0432012Revenue 2013: $223,103Expenses 2013: $238,018Net Income 2013: -$14,9152013Revenue 2014: $210,340Expenses 2014: $185,952Net Income 2014: $24,3882014Revenue 2015: $723,083Expenses 2015: $56,777Net Income 2015: $666,3062015Revenue 2016: $281,155Expenses 2016: $222,905Net Income 2016: $58,2502016Revenue 2017: $294,577Expenses 2017: $1,170,801Net Income 2017: -$876,2242017Revenue 2018: $470,368Expenses 2018: $191,249Net Income 2018: $279,1192018Revenue 2019: $424,474Expenses 2019: $492,697Net Income 2019: -$68,2232019Revenue 2020: $411,637Expenses 2020: $306,808Net Income 2020: $104,8292020Revenue 2021: $366,210Expenses 2021: $214,390Net Income 2021: $151,8202021Revenue 2022: $340,667Expenses 2022: $227,829Net Income 2022: $112,8382022Revenue 2023: $327,693Expenses 2023: $196,114Net Income 2023: $131,5792023Revenue 2024: $361,956Expenses 2024: $398,468Net Income 2024: -$36,5122024

Highlighted filing

2023

Revenue$327,693
Expenses$196,114
Net Income$131,579
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$327,693
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.

The organization is the managing general partner in several limited partnerships that are organized to provide safe, affordable housing to low income individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,354,425$1,203,797▼ $150,628
Cash and Non-Interest-Bearing Accounts$10,697$57,399▲ $46,702
Accounts Receivable$1,464$1,464→ $0
Savings and Temporary Cash Investments$3$3→ $0
Total Assets$2,926,512$3,196,171▲ $269,659
Other Assets Total$1,559,923$1,933,508▲ $373,585
Liabilities
Unsecured Notes Loans Payable$1,084,195$1,084,195→ $0
Accounts Payable and Accrued Expenses$49,292$187,372▲ $138,080
Total Liabilities$1,133,487$1,271,567▲ $138,080
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,793,025$1,924,604▲ $131,579
Total Net Assets Fund Balance$1,793,025$1,924,604▲ $131,579
Total Liabilities and Net Assets / Fund Balance$2,926,512$3,196,171▲ $269,659

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$-154,824--
Other Assets Org$22,401--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
Lance SmithVP/corp. Counsel & Broker/asst. Secretary$355,061$355,061

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
Renee McdonnellDirector
Rob HollisterDirector
Terry FreemanDirector
Kasey ArcheryAssistant Secretary
Michael J VerguraCFO / Assistant Secretary
Janine LindCOO / Assistant Secretary
Shwetha SubramanianCredo / 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
$324,354
Investment Income
$3,339
Other Revenue
$0
Change in Net Assets
$131,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,114
Grants and Similar Amounts Paid$47,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$47,000--$47,000
Fees for Services Accounting-$4,080-$4,080
Other Expenses$140--$140
Total Functional Expenses$192,034$4,080$0$196,114
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Midpen Housing CorporationFoster City, CA501(c)(3)Grant to Support Affordable Housing Activities$47,000
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
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 accounting manager completes the 990 questionnaire and accumulates 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 the 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

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Mid-peninsula Coastside Inc
EIN
94-3239542
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
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew O Franklin
Formed
1996
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
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 PARK II, LINE 2C:

“The process of overseeing the audit and selecting an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation 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 combined financial statements. The federal and state income tax returns for the years 2019 through 2022 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 2,887 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18338022
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/TitleTxt13CEO/PRESIDENT/ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14CREDO / ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO / ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16COO / ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP/CORP. COUNSEL & BROKER/ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt047000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt047000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt047000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0327693
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt03339
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03339
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01354425
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01203797
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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/NetAssetsOrFundBalancesBOYAmt01793025
IRS990/NetAssetsOrFundBalancesEOYAmt01924604
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01793025
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01924604
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01559923
IRS990/OtherAssetsTotalGrp/EOYAmt01933508
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LOSS FROM PARTNERSHIPS
IRS990/OtherExpensesGrp/Desc1TAXES AND FEES
IRS990/OtherExpensesGrp/Desc2PERMITS AND LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0142494
IRS990/OtherExpensesGrp/ProgramServicesAmt12400
IRS990/OtherExpensesGrp/ProgramServicesAmt2140
IRS990/OtherExpensesGrp/TotalAmt0142494
IRS990/OtherExpensesGrp/TotalAmt12400
IRS990/OtherExpensesGrp/TotalAmt2140
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MATTHEW O FRANKLIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0PARTNERSHIP MGMT FEES
IRS990/ProgramServiceRevenueGrp/Desc1INCENTIVE FEES
IRS990/ProgramServiceRevenueGrp/Desc2ASSET MGMT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0261729
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt156155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0261729
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt156155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26470
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt083000
IRS990/PYInvestmentIncomeAmt047
IRS990/PYOtherExpensesAmt0144829
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0340620
IRS990/PYRevenuesLessExpensesAmt0112838
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0227829
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0340667
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0131579
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0324354
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03
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/SupportAmt0192034
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MIDPEN HOUSING CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0192034
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0-520
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11285325
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2968348
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3-894532
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4-154824
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN PSHIP - MP MISSION ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN PSHIP - NEW HOMESTEAD ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVESTMENT IN PSHIP - COASTSIDE ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3INVESTMENT IN PSHIP - HERMANAS II ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01911107
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt122401
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1IMPOUND RESERVE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION 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 COMBINED FINANCIAL STATEMENTS. THE FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2019 THROUGH 2022 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/TotalBookValueOtherAssetsAmt01933508
IRS990ScheduleD/TotalBookValueProgramRltdAmt01203797
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt047000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MIDPEN HOUSING CORPORATION
IRS990ScheduleI/RecipientTable/RecipientEIN0237089977
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0303 VINTAGE PARK DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FOSTER CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094404
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS AS PART OF OUR MONTHLY, QUARTERLY, AND ANNUAL FINANCIAL STATEMENT REVIEW PROCESS. IN ADDITION, RESTRICTIONS OF GRANTS ARE REVIEWED IN DETAIL AS PART OF THE ANNUAL EXTERNAL AUDIT PROCESS.

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,196,171
Liabilities
$1,271,567
Net assets
$1,924,604
Revenue
$327,693
Expenses
$196,114
Net income
$131,579
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$1.32$1.89$0.36$0.40$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.20$1.27$1.92$0.33$0.20$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.93$1.13$1.79$0.34$0.23$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.87$1.19$1.68$0.37$0.21$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.77$1.24$1.53$0.41$0.31$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.88$1.46$1.42$0.42$0.49$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.10$1.61$1.49$0.47$0.19$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.92$1.21$0.29$1.17$0.88
2016Detailed filing. Detailed filing data is available for this year.$3.20$1.11$2.09$0.28$0.22$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.24$1.21$2.03$0.72$0.06$0.67
2014Detailed filing. Detailed filing data is available for this year.$5.67$4.31$1.36$0.21$0.19$0.02
2013Detailed filing. Detailed filing data is available for this year.$5.69$4.35$1.34$0.22$0.24$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$4.35$1.35$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.66$4.35$1.30$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$1.46$1.23$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits