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Mission Housing Development Corporation

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

EIN: 941753722 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Mission Housing Development Corporation?

The Mission Housing Development Corporation is a San Francisco-based nonprofit organization with a team of 40 employees. They serve as the general or limited partner in over twenty partnerships, ensuring the provision of low-income housing in San Francisco, California. The corporation owns several companies, managing member roles, and majority ownership in other corporations, all contributing to the development and management of affordable housing for low-income families, the handicapped, and the elderly.


Official website here: www.missionhousing.org

Is Mission Housing Development Corporation legitimate?

Mission Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mission Housing Development Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $290,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,686,164

For more financial information, click here


Official website here: www.missionhousing.org

What is the mission statement of Mission Housing Development Corporation?

The Mission Housing Development Corporation is dedicated to providing affordable housing solutions for low-income families, the handicapped, and the elderly. This non-profit organization assumes various roles in several partnerships and businesses, serving as a general or limited partner in multiple limited partnerships and corporations that offer low-income housing across the board. Its commitment to affordable housing extends to its role as the sole owner of a corporation providing management services for such housing.


Official website here: www.missionhousing.org

Who is the CEO of Mission Housing Development Corporation?

Irving Gonzales is the Chairman of Mission Housing Development Corporation.


Official website here: www.missionhousing.org

What is the revenue of Mission Housing Development Corporation?

Mission Housing Development Corporation's revenue in 2022 was $27,672,713.


Official website here: www.missionhousing.org

Who are the executives of Mission Housing Development Corporation and what are their salaries?

The average compensation at Mission Housing Development Corporation during 2022 was $74,405. There are 40 employees at Mission Housing Development Corporation.

Here are 12 key members and their salaries:

    Sam Moss (Executive Dir.)
  • Compensation: $282,538
  • Related: $0
  • Other: $7,517

    • Marcia Contreras (Deputy Exec. Dir)
  • Compensation: $236,618
  • Related: $0
  • Other: $38,132

    • Marizza Bautista-Ong (Controller)
  • Compensation: $143,590
  • Related: $0
  • Other: $33,838

    • Nicole Reams (Dir - Asset Mgmt)
  • Compensation: $157,523
  • Related: $0
  • Other: $18,966

    • Bulbul Goswami (Sr. Asset Mgr)
  • Compensation: $120,904
  • Related: $0
  • Other: $31,604

    • Jonathan Lovell (Sr. Project Dev)
  • Compensation: $117,628
  • Related: $0
  • Other: $30,285

    • Irving Gonzales (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Musetta So (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Kosheleva-Coats (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fernando Gomez-Benitez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Layman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mara Rosales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.missionhousing.org

    Where can I find the form 990 for Mission Housing Development Corporation?

    The Mission Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.missionhousing.org

    Learn more at the official website: www.missionhousing.org

    Mission Statement of Mission Housing Development Corporation

    Mission Housing Development Corporation, a notable nonprofit organization, is dedicated to providing affordable housing solutions for low-income families, the handicapped, and the elderly. The corporation serves as the cornerstone in various partnerships, assuming key roles as a general partner in three limited partnerships and the limited partner in five more, all of which offer low-income housing in San Francisco, California. Additionally, Mission Housing Development Corporation is the sole owner of five limited liability companies, the managing member of one, and the majority owner of two corporations. These entities all collaborate as general or limited partners in sixteen more limited partnerships, continuing to provide low-income housing in San Francisco, California. Furthermore, the corporation is the sole owner of a corporation that offers management services for low-income housing in the same location. By taking on these various roles, Mission Housing Development Corporation significantly contributes to the availability of affordable housing options for those in need.

    Impact

    This information is meant to be a general summary of Mission Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mission Housing Development Corporation's impact lies in providing affordable housing to low-income families, the handicapped, and the elderly in San Francisco, CA. By serving as a general or limited partner in various limited partnerships, limited liability companies, and corporations, the organization plays a crucial role in ensuring that individuals in need have access to safe and affordable housing options. Their mission, focused on addressing the housing needs of vulnerable populations, helps create stable and supportive communities while promoting dignity and well-being for all residents.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $971,735
  • Program Service Revenue: $14,450,151
  • Gross Receipts: $27,939,598

    • Assets and Liabilities:
  • Total Assets: $66,717,890
  • Total Liabilities: $13,468,929
  • Net Assets: $53,248,961
  • Programs

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

    DEVELOPMENT & MGMT FEES

    Revenue

    $7,045,101

    MISCELLANEOUS INCOME

    Revenue

    $7,230

    PRTNRSHP SHARE GROSS RENT

    Revenue

    $6,158,310

    RESIDENTIAL RENTAL INCOME

    Revenue

    $1,239,510

    Organization Details

    Founding Year

    1971

    Principal Officer

    Irving Gonzales

    Main Address

    474 Valencia Street Suite 280, San Francisco, CA, 94103

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Mission Housing Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.