Civic Intelligence

Mp Preservation Inc.

990 • Fiscal year 2022 • EIN 94-3319924

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

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

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.09x

Higher debt load relative to revenue than 28% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

94th percentile

$660,095

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$16,455,413

Up $2,542,088 (+18%) from 2021

Net Assets

Up

$16,152,220

Up $2,452,366 (+18%) from 2021

Liabilities

Up

$303,193

Up $89,722 (+42%) from 2021

Revenue

Up

$3,462,470

Up $614,618 (+22%) from 2021

Expenses

Down

$1,010,104

Down $278,373 (-22%) from 2021

Net Income

Up

$2,452,366

Up $892,991 (+57%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $2,716,878Liabilities 2010: $100,577Net Assets 2010: $2,616,3012010Assets 2011: $3,279,537Liabilities 2011: $654,936Net Assets 2011: $2,624,6012011Assets 2012: $3,305,115Liabilities 2012: $341,461Net Assets 2012: $2,963,6542012Assets 2013: $3,619,026Liabilities 2013: $314,917Net Assets 2013: $3,304,1092013Assets 2014: $3,955,363Liabilities 2014: $255,580Net Assets 2014: $3,699,7832014Assets 2015: $3,915,277Liabilities 2015: $5,140Net Assets 2015: $3,910,1372015Assets 2016: $4,403,835Liabilities 2016: $4,067Net Assets 2016: $4,399,7682016Assets 2017: $6,020,900Liabilities 2017: $8,991Net Assets 2017: $6,011,9092017Assets 2018: $7,537,607Liabilities 2018: $13,618Net Assets 2018: $7,523,9892018Assets 2019: $9,860,210Liabilities 2019: $79,907Net Assets 2019: $9,780,3032019Assets 2020: $12,274,298Liabilities 2020: $133,819Net Assets 2020: $12,140,4792020Assets 2021: $13,913,325Liabilities 2021: $213,471Net Assets 2021: $13,699,8542021Assets 2022: $16,455,413Liabilities 2022: $303,193Net Assets 2022: $16,152,2202022Assets 2023: $17,989,666Liabilities 2023: $404,772Net Assets 2023: $17,584,8942023Assets 2024: $19,695,700Liabilities 2024: $513,937Net Assets 2024: $19,181,7632024

Highlighted filing

2022

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

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $2,5952010Expenses 2011: $90,4852011Expenses 2012: $15,3402012Revenue 2013: $351,996Expenses 2013: $11,541Net Income 2013: $340,4552013Revenue 2014: $406,272Expenses 2014: $10,540Net Income 2014: $395,7322014Revenue 2015: $306,549Expenses 2015: $96,195Net Income 2015: $210,3542015Revenue 2016: $544,667Expenses 2016: $55,036Net Income 2016: $489,6312016Revenue 2017: $1,968,421Expenses 2017: $356,280Net Income 2017: $1,612,1412017Revenue 2018: $1,973,561Expenses 2018: $461,481Net Income 2018: $1,512,0802018Revenue 2019: $2,909,644Expenses 2019: $653,330Net Income 2019: $2,256,3142019Revenue 2020: $3,153,270Expenses 2020: $793,094Net Income 2020: $2,360,1762020Revenue 2021: $2,847,852Expenses 2021: $1,288,477Net Income 2021: $1,559,3752021Revenue 2022: $3,462,470Expenses 2022: $1,010,104Net Income 2022: $2,452,3662022Revenue 2023: $2,743,019Expenses 2023: $1,310,345Net Income 2023: $1,432,6742023Revenue 2024: $2,758,712Expenses 2024: $1,161,843Net Income 2024: $1,596,8692024

Highlighted filing

2022

Revenue$3,462,470
Expenses$1,010,104
Net Income$2,452,366
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$3,462,470
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, mp preservation inc's mission is to provide safe, affordable housing of high quality to those in need; to establish stability adn 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$12,923,965$15,195,571▲ $2,271,606
Accounts Receivable$909,173$987,057▲ $77,884
Cash and Non-Interest-Bearing Accounts$80,187$272,785▲ $192,598
Total Assets$13,913,325$16,455,413▲ $2,542,088
Liabilities
Other Liabilities$210,722$298,627▲ $87,905
Accounts Payable and Accrued Expenses$2,749$4,566▲ $1,817
Total Liabilities$213,471$303,193▲ $89,722
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,699,854$16,152,220▲ $2,452,366
Total Net Assets Fund Balance$13,699,854$16,152,220▲ $2,452,366
Total Liabilities and Net Assets / Fund Balance$13,913,325$16,455,413▲ $2,542,088

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$5,824,304--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lance SmithVP/corporate 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/asst. Secretary
Janine LindCOO/assistant Secretary
Jan LindenthalCredo/assistant Secretary
Gina DiazSecretary
Enrique TorresTreasurer
Lance SmithVP/corporate Counsel & Broker/asst.
Revenue and Support

Revenue Composition

Contributions and Grants
$19,549
Program Service Revenue
$3,442,921
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,452,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,002,660
Other Expenses$7,444
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,002,660--$1,002,660
Fees for Services Accounting-$3,500-$3,500
Other Expenses$67--$67
Total Functional Expenses$1,006,604$3,500$0$1,010,104
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Midpen Housing CorporationFoster City, CA501(c)(3)Grant to Support Affordable Housing Activities.$1,002,660
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
Investment in Kottinger Gardens Phase 1 Associates$298,131
Investment in Marymead Affordable Housing LLC$263
Investment in Kottinger Gardens Phase 2 Associates$233
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 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 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 are available upon request.

Filing and Contact Details

Filer

Filer Name
Mp Preservation Inc
EIN
94-3319924
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
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew O Franklin
Formed
1999
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
1435 N MCDOWELL BLVD SUITE 350, PETALUMA, CA 94954
Preparer
Lance Smith
Phone
4152236130
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process for overseeing the audit and selecting the 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 of midpen housing corporation and affiliates. The federal and state income tax 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRPERSON
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/TitleTxt16COO/ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO/ASST. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP/CORPORATE COUNSEL & BROKER/ASST. SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt01002660
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01002660
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01002660
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03462470
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012923965
IRS990/InvestmentsProgramRelatedGrp/EOYAmt015195571
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, MP PRESERVATION INC'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/NetAssetsOrFundBalancesBOYAmt013699854
IRS990/NetAssetsOrFundBalancesEOYAmt016152220
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013699854
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016152220
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TAXES AND FEES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE EXPENSE
IRS990/OtherExpensesGrp/Desc2MISC FINANCIAL EXPENSES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt01800
IRS990/OtherExpensesGrp/ProgramServicesAmt11500
IRS990/OtherExpensesGrp/ProgramServicesAmt2577
IRS990/OtherExpensesGrp/ProgramServicesAmt367
IRS990/OtherExpensesGrp/TotalAmt01800
IRS990/OtherExpensesGrp/TotalAmt11500
IRS990/OtherExpensesGrp/TotalAmt2577
IRS990/OtherExpensesGrp/TotalAmt367
IRS990/OtherLiabilitiesGrp/BOYAmt0210722
IRS990/OtherLiabilitiesGrp/EOYAmt0298627
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/Desc0INCOME FROM PTRSHIP
IRS990/ProgramServiceRevenueGrp/Desc1INCENTIVE FEES
IRS990/ProgramServiceRevenueGrp/Desc2PARTNERSHIP MGMT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02499279
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1680000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2263642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02499279
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1680000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2263642
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt018888
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01282000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt06477
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02828964
IRS990/PYRevenuesLessExpensesAmt01559375
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01288477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02847852
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02452366
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt019549
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt03442921
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/SupportAmt01006604
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MIDPEN HOUSING CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01006604
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt022166
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12799172
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt24271470
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt32278459
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt45824304
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN MP TYRELLA ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN FREMONT MAIN ST. VILLAGE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVESTMENT IN MP HOMESTEAD PARK ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3INVESTMENT IN MP RUNNYMEDE ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4INVESTMENT IN MP TICE OAKS ASSOCIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1298131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTMENT IN MARYMEAD AFFORDABLE HOUSING LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INVESTMENT IN KOTTINGER GARDENS PHASE 1 ASSOCIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INVESTMENT IN KOTTINGER GARDENS PHASE 2 ASSOCIATES
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 OF MIDPEN HOUSING CORPORATION AND AFFILIATES. THE FEDERAL AND STATE INCOME TAX 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/TotalBookValueProgramRltdAmt015195571
IRS990ScheduleD/TotalLiabilityAmt0298627
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01002660
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.7$0.51$19.2$2.76$1.16$1.60
2023Detailed filing. Detailed filing data is available for this year.$18.0$0.40$17.6$2.74$1.31$1.43
2022Detailed filing. Detailed filing data is available for this year.$16.5$0.30$16.2$3.46$1.01$2.45
2021Detailed filing. Detailed filing data is available for this year.$13.9$0.21$13.7$2.85$1.29$1.56
2020Detailed filing. Detailed filing data is available for this year.$12.3$0.13$12.1$3.15$0.79$2.36
2019Detailed filing. Detailed filing data is available for this year.$9.86$0.08$9.78$2.91$0.65$2.26
2018Detailed filing. Detailed filing data is available for this year.$7.54$0.01$7.52$1.97$0.46$1.51
2017Detailed filing. Detailed filing data is available for this year.$6.02$0.01$6.01$1.97$0.36$1.61
2016Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$0.54$0.06$0.49
2015Detailed filing. Detailed filing data is available for this year.$3.92$0.01$3.91$0.31$0.10$0.21
2014Detailed filing. Detailed filing data is available for this year.$3.96$0.26$3.70$0.41$0.01$0.40
2013Detailed filing. Detailed filing data is available for this year.$3.62$0.31$3.30$0.35$0.01$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.34$2.96$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.65$2.62$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$0.10$2.62$0.00